YINN vs. MUU

Last updated Jun 26, 2026

YINN (Direxion Daily China 3x Bull Shares) and MUU (Direxion Daily MU Bull 2X Shares) are both Leveraged Equities funds from Direxion - YINN tracks the FTSE China 50 Index (300%) while MUU tracks the Micron Technology, Inc. (200% Daily). Both are passively managed. At a 0.11 correlation, their price movements are largely independent. YINN charges 1.52%/yr vs 1.01%/yr for MUU.

Performance

YINN vs. MUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily China 3x Bull Shares (YINN) and Direxion Daily MU Bull 2X Shares (MUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

YINN

• 1D: -6.38%
• 1M: -30.18%
• YTD: -48.49%
• 6M: -49.76%
• 1Y: -47.64%
• 3Y*: -11.77%
• 5Y*: -42.90%
• 10Y*: -20.45%

MUU

• 1D: 31.07%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YINN vs. MUU - Yearly Performance Comparison

	2026 (YTD)
YINN Direxion Daily China 3x Bull Shares	-27.08%
MUU Direxion Daily MU Bull 2X Shares	14.65%

Correlation

The correlation between YINN and MUU is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 16, 2026	0.11

Return for Risk

YINN vs. MUU — Risk / Return Rank

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

YINN

YINN Risk / Return Rank: 3
YINN Sharpe Ratio Rank: 3
YINN Sortino Ratio Rank: 3
YINN Omega Ratio Rank: 3
YINN Calmar Ratio Rank: 3
YINN Martin Ratio Rank: 0

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.

YINN vs. MUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily China 3x Bull Shares (YINN) 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.

	YINN	MUU	Difference
Sharpe ratio: Return per unit of total volatility	-0.81	—	—
Sortino ratio: Return per unit of downside risk	-1.10	—	—
Omega ratio: Gain probability vs. loss probability	0.87	—	—
Calmar ratio: Return relative to maximum drawdown	-0.78	—	—
Martin ratio: Return relative to average drawdown	-1.75	—	—

Drawdowns

YINN vs. MUU - Drawdown Comparison

The maximum YINN drawdown since its inception was -98.87%, which is greater than MUU's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for YINN and MUU.

Drawdown Indicators

	YINN	MUU	Difference
Max Drawdown Largest peak-to-trough decline	-98.87%	-26.63%	-72.24%
Max Drawdown (1Y) Largest decline over 1 year	-61.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-69.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-96.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-98.59%	—	—
Current Drawdown Current decline from peak	-98.17%	-3.84%	-94.33%
Average Drawdown Average peak-to-trough decline	-68.57%	-11.62%	-56.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.29%	—	—

Volatility

Volatility by Period

	YINN	MUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	44.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	58.76%	307.99%	-249.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.34%	307.99%	-213.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.59%	307.99%	-226.40%

YINN vs. MUU - Expense Ratio Comparison

YINN has a 1.52% expense ratio, which is higher than MUU's 1.01% expense ratio.

Dividends

YINN vs. MUU - Dividend Comparison

YINN's dividend yield for the trailing twelve months is around 1.73%, more than MUU's 0.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MUU Direxion Daily MU Bull 2X Shares	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YINN Direxion Daily China 3x Bull Shares	1.73%	1.12%	1.81%	4.17%	1.16%	0.73%	0.76%	1.38%	1.02%	1.11%

Frequently Asked Questions

Can I hold both YINN and MUU in my portfolio?

YINN and MUU have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YINN 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, YINN or MUU?

MUU is cheaper with a 1.01% expense ratio, compared with 1.52% for YINN.

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

YINN has the higher dividend yield at 1.73%, compared with 0.17% for MUU.

What is the main difference between YINN and MUU?

YINN tracks FTSE China 50 Index (300%), while MUU tracks Micron Technology, Inc. (200% Daily). Their fees differ too: 1.52% for YINN and 1.01% for MUU.