FAS vs MUU
Direxion Daily Financial Bull 3X ETF vs Direxion Daily MU Bull 2X ETF
Which is better, FAS or MUU?
MUU has been ahead.
FAS has a lower expense ratio. MUU led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FAS | MUU |
|---|---|---|
| Expense Ratio | 0.88%Best | 1.01% |
| AUM | $2.1B | $1.5B |
| Dividend Yield | 8.89% | 2.24% |
| Holdings | 183 | 26 |
| YTD Return | +8.58% | +211.53%Best |
| 1Y Return | +18.59% | +390.73%Best |
| 3Y Return (annualized) | +49.69% | - |
| 5Y Return (annualized) | +7.99% | - |
| Volatility (annualized) | 46.5%Best | 215.0% |
| Max Drawdown | -43.1%Best | -79.4% |
| $10,000 over 2.1 years | $15,269 | $152,470Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Nov 6, 2008 | Oct 10, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Oct 10, 2024 to Nov 11, 2026 (2.1 years).
FAS vs MUU growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FAS vs MUU Performance
Direxion Daily Financial Bull 3X ETF (FAS) is an ETF from Direxion Shares ETF Trust and Direxion Daily MU Bull 2X ETF (MUU) is an ETF from Direxion Shares ETF Trust. Over the past year FAS returned +18.59% while MUU returned +390.73%. Year to date, FAS is up 8.58% versus a gain of 211.53% for MUU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MUU has been the more volatile fund, with annualized monthly volatility of 215.0% compared with 46.5% for FAS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -43.1% for FAS and -79.4% for MUU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.03. They move largely independently of each other.
Fees and Cost Over Time
FAS charges 0.88% per year while MUU charges 1.01%. On a $10,000 position that is $88 vs $101 annually, a gap of $13 per year that compounds over a long holding period. On income, FAS currently yields 8.89% against 2.24% for MUU.
Holdings Overlap
We hold position weights for 77 holdings in FAS and 2 in MUU, totalling 73.4% and 24.1% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 77 positions we hold weights for in FAS and 2 in MUU, against full books of 183 and 26.
Top Shared Holdings
| Stock | Weight in FAS | Weight in MUU | Difference |
|---|---|---|---|
| DIRXXDreyfus Trsy Prime Cash Mgmt - In 0.0 30-December-2049 | 3.00% | 11.15% | 8.15% |
You are not choosing between two funds in isolation.
Whichever of FAS and MUU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FAS or MUU?
FAS has an expense ratio of 0.88% while MUU charges 1.01%. FAS is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, FAS or MUU?
Over the past year FAS returned +18.59% vs +390.73% for MUU, so MUU leads on 1-year performance. Over the longest common window we track (2 years), FAS annualized +22.33% vs +265.95% for MUU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FAS or MUU?
MUU has been the more volatile fund at 215.0% annualized versus 46.5% for FAS. Worst drawdown: FAS -43.1% vs MUU -79.4%.
Should I hold both FAS and MUU?
FAS and MUU have a monthly-return correlation of -0.03, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FAS or MUU?
FAS yields 8.89% while MUU yields 2.24%, so FAS currently pays the higher dividend yield.
Is MUU better than FAS?
FAS has a lower expense ratio. MUU led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.