WULX vs. MULL
WULX (Tradr 2X Long WULF Daily ETF) and MULL (GraniteShares 2x Long MU Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.42 correlation means their historical movements had little consistent relationship. WULX charges 1.30%/yr vs 1.50%/yr for MULL.
Performance
WULX vs. MULL - Performance Comparison
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Returns By Period
In the year-to-date period, WULX achieves a 26.70% return, which is significantly lower than MULL's 359.36% return.
WULX
- 1D
- -2.02%
- 1M
- -38.57%
- 6M
- 0.68%
- YTD
- 26.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MULL
- 1D
- -11.97%
- 1M
- -36.10%
- 6M
- 129.44%
- YTD
- 359.36%
- 1Y
- 2,639.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 446.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $191.48M | $219.09M | $265.13M | |
| $5.78M | $8.80M | $7.30M |
WULX vs. MULL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WULX Tradr 2X Long WULF Daily ETF | 26.70% | -34.00% |
MULL GraniteShares 2x Long MU Daily ETF | 359.36% | 82.98% |
Correlation
The correlation between WULX and MULL is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.42 |
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Return for Risk
WULX vs. MULL — Risk / Return Rank
WULX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MULL
WULX vs. MULL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long WULF Daily ETF (WULX) and GraniteShares 2x Long MU Daily ETF (MULL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WULX | MULL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.59 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 35.94 | — |
| Martin ratioReturn relative to average drawdown | — | 118.66 | — |
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Drawdowns
WULX vs. MULL - Drawdown Comparison
The maximum WULX drawdown since its inception was -75.66%, roughly equal to the maximum MULL drawdown of -72.29%. Use the drawdown chart below to compare losses from any high point for WULX and MULL.
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Drawdown Indicators
| WULX | MULL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.66% | -72.29% | -3.37% |
Max Drawdown (1Y)Largest decline over 1 year | — | -68.16% | — |
Current DrawdownCurrent decline from peak | -67.76% | -61.61% | -6.15% |
Average DrawdownAverage peak-to-trough decline | -31.68% | -21.86% | -9.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 20.61% | — |
Volatility
WULX vs. MULL - Volatility Comparison
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Volatility by Period
| WULX | MULL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 61.67% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 135.25% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 191.47% | 162.81% | +28.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 191.47% | 149.74% | +41.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 191.47% | 149.74% | +41.73% |
WULX vs. MULL - Expense Ratio Comparison
WULX has a 1.30% expense ratio, which is lower than MULL's 1.50% expense ratio.
Dividends
WULX vs. MULL - Dividend Comparison
WULX has not paid dividends to shareholders, while MULL's dividend yield for the trailing twelve months is around 0.08%.
| Position | TTM | 2025 |
|---|---|---|
MULL GraniteShares 2x Long MU Daily ETF | 0.08% | 0.39% |
WULX Tradr 2X Long WULF Daily ETF | 0.00% | 0.00% |
Frequently Asked Questions
WULX and MULL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WULX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WULX is cheaper with a 1.30% expense ratio, compared with 1.50% for MULL.
MULL has the higher dividend yield at 0.08%, compared with 0.00% for WULX.
They also come from different issuers: Tradr and GraniteShares. Their fees differ too: 1.30% for WULX and 1.50% for MULL.
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