FBL vs MUD
GraniteShares 2x Long META Daily ETF vs Direxion Daily MU Bear 1X ETF
Which is better, FBL or MUD?
FBL has been ahead.
MUD has a lower expense ratio. FBL 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 | FBL | MUD |
|---|---|---|
| Expense Ratio | 1.09% | 1.02%Best |
| AUM | $191M | $30M |
| Dividend Yield | 2.12% | 9.38% |
| Holdings | 4 | 16 |
| YTD Return | +3.39%Best | -79.41% |
| 1Y Return | -17.03%Best | -88.80% |
| 3Y Return (annualized) | +34.23% | - |
| Volatility (annualized) | 72.5% | 67.5%Best |
| Max Drawdown | -63.2%Best | -97.1% |
| $10,000 over 2 years | $9,860Best | $478 |
| Fund Family | GraniteShares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Dec 13, 2022 | Oct 10, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).
FBL vs MUD 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 covers the 2 years both funds cover.
FBL vs MUD Performance
GraniteShares 2x Long META Daily ETF (FBL) is an ETF from GraniteShares and Direxion Daily MU Bear 1X ETF (MUD) is an ETF from Direxion Shares ETF Trust. Over the past year FBL returned -17.03% while MUD returned -88.80%. Year to date, FBL is up 3.39% versus a loss of 79.41% for MUD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBL has been the more volatile fund, with annualized monthly volatility of 72.5% compared with 67.5% for MUD. 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 -63.2% for FBL and -97.1% for MUD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.25. They move largely independently of each other.
Fees and Cost Over Time
FBL charges 1.09% per year while MUD charges 1.02%. On a $10,000 position that is $109 vs $102 annually, a gap of $7 per year that compounds over a long holding period. On income, FBL currently yields 2.12% against 9.38% for MUD.
You are not choosing between two funds in isolation.
Whichever of FBL and MUD 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, FBL or MUD?
FBL has an expense ratio of 1.09% while MUD charges 1.02%. MUD is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, FBL or MUD?
Over the past year FBL returned -17.03% vs -88.80% for MUD, so FBL leads on 1-year performance. Over the longest common window we track (2 years), FBL annualized -0.70% vs -78.14% for MUD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBL or MUD?
FBL has been the more volatile fund at 72.5% annualized versus 67.5% for MUD. Worst drawdown: FBL -63.2% vs MUD -97.1%.
Should I hold both FBL and MUD?
FBL and MUD have a monthly-return correlation of -0.25, 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, FBL or MUD?
FBL yields 2.12% while MUD yields 9.38%, so MUD currently pays the higher dividend yield.
Is MUD better than FBL?
MUD has a lower expense ratio. FBL 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.