Direxion Daily MU Bull 2X Shares (MUU) Performance

NASDAQ: MUUTotal returns, calendar years, drawdowns and risk since 2024.

MUU total return

Distributions reinvested · as of Oct 23, 2026
YTD
+382.1%
since Dec 31, 2025
1 year
+730.2%
total return
Since first price
+1,817.7%
since 2024

MUU trailing returns vs SPY, QQQ, AGG

MUU trailing returns
PeriodMUU total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−35.4%−35.4%−1.0%−5.0%+0.9%
3 months−33.8%−34.2%+3.2%+1.9%−0.4%
6 months+104.9%+103.4%+7.8%+8.4%−1.5%
YTD+382.1%+376.7%+12.3%+15.1%−1.0%
1 year+730.2%+682.7%+14.4%+15.9%−1.1%
Since inceptionOct 10, 2024+1,817.7%+1,680.4%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: MUU vs SPY

MUUS&P 500 (SPY)

From Oct 10, 2024: MUU grew to $191,773, SPY to $13,495.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

MUU returns by calendar year

MUUSPY

1 of 1 full years positive. Best 2025 (+599.0%), worst 2025 (+599.0%). 2026 is year to date.

MUU annual returns table

MUU calendar-year returns
YearMUULargest dropSPYQQQAGG
2026YTD+382.1%−68.1%+12.3%+15.1%−1.0%
2025+599.0%−70.1%+17.7%+20.8%+7.2%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

MUU largest drawdowns

Now 60.7% below the high
MUU largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Nov 7, 2024−75.1%Apr 4, 2025Sep 11, 20255 months10 months
Jun 22, 2026−68.1%Jul 29, 2026not yet37 days4 months so far
Mar 18, 2026−52.7%Mar 30, 2026Apr 22, 202612 days35 days
Nov 10, 2025−38.7%Nov 20, 2025Dec 10, 202510 days30 days
Jun 3, 2026−37.9%Jun 5, 2026Jun 18, 20262 days15 days
Feb 2, 2026−32.3%Mar 6, 2026Mar 17, 202632 days43 days

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

MUU risk statistics

MUU risk statistics
StatisticSince 2024
Annualized return+526.2%
Volatility (annualized)217.0%
Sharpe ratio1.58
Sortino ratio5.57
Best month+220.1%
Worst month−54.9%
Best 12 months+6,186.6%
Worst 12 months+207.9%
Positive months65%
Beta vs S&P 500—
Correlation with S&P 500—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

MUU rolling returns

MUU rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year13+207.9%+1,156.5%+6,186.6%100%

Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.

MUU performance overview

Direxion Daily MU Bull 2X Shares (MUU) returned +730.2% over the past year, with distributions reinvested. Since its first recorded price on Oct 10, 2024 it has returned +1,817.7%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −75.1%, from Nov 7, 2024 to Apr 4, 2025, and it took 5 months to get back to the old high. Volatility has been 217.0% a year.

Related: MUU chart, MUU dividends. See the MUU overview for the latest quote and fund facts.

MUU performance FAQ

What is the MUU return over the past year?

MUU returned +730.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 682.7%.

How much would $10,000 invested in MUU be worth?

$10,000 invested in MUU at its first recorded close on October 10, 2024 would be worth about $191,773 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of MUU?

The largest peak-to-trough decline was −75.1% between November 7, 2024 and April 4, 2025. It recovered to the old high on September 11, 2025, 5 months after the bottom.

How volatile is MUU?

Over the past history MUU had an annualized volatility of 217.0% and a Sharpe ratio of 1.58 (excess return over 1–3 month T-bills per unit of risk).