XOMX vs. MUU

Last updated Jun 30, 2026

XOMX (Direxion Daily XOM Bull 2X Shares) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds from Direxion. XOMX is actively managed, while MUU is passively managed. At a correlation of -0.32, they often move in opposite directions. XOMX charges 1.07%/yr vs 1.01%/yr for MUU.

Performance

XOMX vs. MUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily XOM Bull 2X Shares (XOMX) and Direxion Daily MU Bull 2X Shares (MUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XOMX

• 1D: -0.33%
• 1M: -13.46%
• YTD: 20.25%
• 6M: 19.82%
• 1Y: 40.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUU

• 1D: 2.78%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XOMX vs. MUU - Yearly Performance Comparison

	2026 (YTD)
XOMX Direxion Daily XOM Bull 2X Shares	-6.85%
MUU Direxion Daily MU Bull 2X Shares	1.66%

Correlation

The correlation between XOMX and MUU is -0.32, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	-0.32

Return for Risk

XOMX vs. MUU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XOMX

XOMX Risk / Return Rank: 24
XOMX Sharpe Ratio Rank: 24
XOMX Sortino Ratio Rank: 25
XOMX Omega Ratio Rank: 25
XOMX Calmar Ratio Rank: 23
XOMX Martin Ratio Rank: 24

MUU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XOMX vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily XOM Bull 2X Shares (XOMX) and Direxion Daily MU Bull 2X Shares (MUU). 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.

	XOMX	MUU	Difference
Sharpe ratio: Return per unit of total volatility	0.82	—	—
Sortino ratio: Return per unit of downside risk	1.32	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.03	—	—
Martin ratio: Return relative to average drawdown	2.86	—	—

Drawdowns

XOMX vs. MUU - Drawdown Comparison

The maximum XOMX drawdown since its inception was -39.41%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for XOMX and MUU.

Drawdown Indicators

	XOMX	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-39.41%	-26.63%	-12.78%
Max Drawdown (1Y) Largest decline over 1 year	-39.41%	—	—
Current Drawdown Current decline from peak	-39.41%	-14.74%	-24.67%
Average Drawdown Average peak-to-trough decline	-9.30%	-12.57%	+3.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.12%	—	—

Volatility

Volatility by Period

	XOMX	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	42.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	49.41%	281.92%	-232.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.28%	281.92%	-233.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.28%	281.92%	-233.64%

XOMX vs. MUU - Expense Ratio Comparison

XOMX has a 1.07% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

XOMX vs. MUU - Dividend Comparison

XOMX's dividend yield for the trailing twelve months is around 2.19%, more than MUU's 0.20% yield.

Position	TTM	2025
MUU Direxion Daily MU Bull 2X Shares	0.20%	0.00%
XOMX Direxion Daily XOM Bull 2X Shares	2.19%	1.73%

Frequently Asked Questions

Can I hold both XOMX and MUU in my portfolio?

XOMX and MUU have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XOMX or MUU?

On fees, MUU is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XOMX or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.07% for XOMX.

Which ETF pays a higher dividend yield, XOMX or MUU?

XOMX has the higher dividend yield at 2.19%, compared with 0.20% for MUU.

What is the main difference between XOMX and MUU?

Their fees differ too: 1.07% for XOMX and 1.01% for MUU.