MUU vs VOO

Quick Verdict

VOO has a lower expense ratio. MUU delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: MUUMore Diversified: VOO

Side-by-Side Comparison

MetricMUUVOOWinner
Expense Ratio1.01%0.03%
AUM$4.2B$997.4B
Dividend Yield1.43%1.08%
Holdings12509
YTD Return+435.09%+14.27%
1Y Return+2717.01%+21.79%
3Y Return (annualized)-+22.19%
5Y Return (annualized)-+13.28%
Volatility (annualized)222.1%14.2%
Max Drawdown-75.1%-34.3%
Fund FamilyDirexion Shares ETF TrustVanguard (US)
CategoryAlternativeEquity
InceptionOct 10, 2024Sep 7, 2010

MUU vs VOO Performance

Direxion Daily MU Bull 2X ETF (MUU) is a ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MUU returned +2717.01% while VOO returned +21.79%. Year to date, MUU is up 435.09% versus a gain of 14.27% for VOO.

Risk: Volatility and Drawdowns

MUU has been the more volatile fund, with annualized monthly volatility of 222.1% compared with 14.2% for VOO. 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 -34.3% for VOO. 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MUU charges 1.01% per year while VOO charges 0.03%. On a $10,000 position that is $101 vs $3 annually, a gap of $98 per year that compounds over a long holding period. On income, MUU currently yields 1.43% against 1.08% for VOO.

Holdings Overlap

2.0%overlap

MUU and VOO share 1 holdings out of 509 unique holdings combined, representing a 2.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MUUWeight in VOODifference
MU16.84%2.02%14.82%

Frequently Asked Questions

Which is cheaper, MUU or VOO?

MUU has an expense ratio of 1.01% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $98 per year of difference.

Which performed better, MUU or VOO?

Over the past year MUU returned +2717.01% vs +21.79% for VOO, so MUU leads on 1-year performance. Over the longest common window we track (2 years), MUU annualized +482.67% vs +13.59% for VOO. Past performance does not guarantee future results.

Which is riskier, MUU or VOO?

MUU has been the more volatile fund at 222.1% annualized versus 14.2% for VOO. Worst drawdown: MUU -75.1% vs VOO -34.3%.

Should I hold both MUU and VOO?

MUU and VOO have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MUU and VOO?

MUU and VOO share 1 common holdings with a 2.0% weight overlap. Combined, they hold 509 unique securities.

Which pays a higher dividend, MUU or VOO?

MUU yields 1.43% while VOO yields 1.08%, so MUU currently pays the higher dividend yield.

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