MUU vs QQQ
Direxion Daily MU Bull 2X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. MUU delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | MUU | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.01% | 0.18% | |
| AUM | $4.2B | $496.3B | |
| Dividend Yield | 1.43% | 0.44% | |
| Holdings | 12 | 108 | |
| YTD Return | +435.09% | +19.52% | |
| 1Y Return | +2717.01% | +26.68% | |
| 3Y Return (annualized) | - | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 222.1% | 30.6% | |
| Max Drawdown | -75.1% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 10, 2024 | Mar 10, 1999 |
MUU vs QQQ Performance
Direxion Daily MU Bull 2X ETF (MUU) is a ETF from Direxion Shares ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MUU returned +2717.01% while QQQ returned +26.68%. Year to date, MUU is up 435.09% versus a gain of 19.52% for QQQ.
Risk: Volatility and Drawdowns
MUU has been the more volatile fund, with annualized monthly volatility of 222.1% compared with 30.6% for QQQ. 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 -75.1% for MUU and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MUU charges 1.01% per year while QQQ charges 0.18%. On a $10,000 position that is $101 vs $18 annually, a gap of $83 per year that compounds over a long holding period. On income, MUU currently yields 1.43% against 0.44% for QQQ.
Holdings Overlap
MUU and QQQ share 1 holdings out of 106 unique holdings combined, representing a 4.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MUU | Weight in QQQ | Difference |
|---|---|---|---|
| MU | 16.84% | 4.43% | 12.41% |
Frequently Asked Questions
Which is cheaper, MUU or QQQ?
MUU has an expense ratio of 1.01% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $83 per year of difference.
Which performed better, MUU or QQQ?
Over the past year MUU returned +2717.01% vs +26.68% for QQQ, so MUU leads on 1-year performance. Over the longest common window we track (2 years), MUU annualized +482.67% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, MUU or QQQ?
MUU has been the more volatile fund at 222.1% annualized versus 30.6% for QQQ. Worst drawdown: MUU -75.1% vs QQQ -83.0%.
Should I hold both MUU and QQQ?
MUU and QQQ have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MUU and QQQ?
MUU and QQQ share 1 common holdings with a 4.4% weight overlap. Combined, they hold 106 unique securities.
Which pays a higher dividend, MUU or QQQ?
MUU yields 1.43% while QQQ yields 0.44%, so MUU currently pays the higher dividend yield.
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