MUD vs TSL
Direxion Daily MU Bear 1X ETF vs GraniteShares 1.25x Long TSLA Daily ETF
Which is better, MUD or TSL?
TSL has been ahead.
MUD has a lower expense ratio. TSL 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 | MUD | TSL |
|---|---|---|
| Expense Ratio | 1.02%Best | 1.15% |
| AUM | $30M | $12M |
| Dividend Yield | 9.38% | 0.00% |
| Holdings | 16 | 4 |
| YTD Return | -79.41% | -23.76%Best |
| 1Y Return | -88.80% | -22.82%Best |
| 3Y Return (annualized) | - | +5.98% |
| Volatility (annualized) | 67.5%Best | 68.5% |
| Max Drawdown | -97.1% | -63.3%Best |
| $10,000 over 2 years | $478 | $14,261Best |
| Fund Family | Direxion Shares ETF Trust | GraniteShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Oct 10, 2024 | Aug 9, 2022 |
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).
MUD vs TSL 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.
MUD vs TSL Performance
Direxion Daily MU Bear 1X ETF (MUD) is an ETF from Direxion Shares ETF Trust and GraniteShares 1.25x Long TSLA Daily ETF (TSL) is an ETF from GraniteShares. Over the past year MUD returned -88.80% while TSL returned -22.82%. Year to date, MUD is down 79.41% versus a loss of 23.76% for TSL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSL has been the more volatile fund, with annualized monthly volatility of 68.5% 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 -97.1% for MUD and -63.3% for TSL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.29. They move largely independently of each other.
Fees and Cost Over Time
MUD charges 1.02% per year while TSL charges 1.15%. On a $10,000 position that is $102 vs $115 annually, a gap of $13 per year that compounds over a long holding period. On income, MUD currently yields 9.38% against 0.00% for TSL.
You are not choosing between two funds in isolation.
Whichever of MUD and TSL 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, MUD or TSL?
MUD has an expense ratio of 1.02% while TSL charges 1.15%. MUD is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, MUD or TSL?
Over the past year MUD returned -88.80% vs -22.82% for TSL, so TSL leads on 1-year performance. Over the longest common window we track (2 years), MUD annualized -78.14% vs +19.42% for TSL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MUD or TSL?
TSL has been the more volatile fund at 68.5% annualized versus 67.5% for MUD. Worst drawdown: MUD -97.1% vs TSL -63.3%.
Should I hold both MUD and TSL?
MUD and TSL have a monthly-return correlation of -0.29, 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, MUD or TSL?
MUD yields 9.38% while TSL yields 0.00%, so MUD currently pays the higher dividend yield.
Is TSL better than MUD?
MUD has a lower expense ratio. TSL 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.