DirexionSingle-Stock Leverage#227 of 228 by YTD

Direxion Shares ETF Trust - Direxion Daily MU Bear 1X ETFMUD

S&P 500 Compare

$12.33−6.2%

−$0.82 · Nov 9 close

Buy

AUM: $32M
Fee: 1.42%
Yield: 34.6%

Bumpy · 1Y: 8.9×S&P
Volume: 2.9M
NAV: $13.16

52-week range99% below the high

$8.74$901

Returns	Today	1W	1M	3M	YTD	1Y	3Y	5Y	Max
Total return	−6.2%	+8.9%	+31.6%	+7.4%	−97.8%	−98.3%	—	—	−99.4%
Peer average	+8.0%	−2.0%	−23.6%	−28.4%	−29.8%	−36.1%	+14.2%	—	—
S&P 500 · VOO	+2.3%	+0.1%	−3.3%	−2.1%	+11.3%	+13.6%	+81.6%	+75.4%	—

MUD in One Breath

MUD Among Single-Stock Leverage ETFs

YTD

#1DLLLGraniteShares+318.5%$85.7M

#2PBRGLeverageShares+316.4%$2.0M

#3AMUUDirexion+213.2%$50.3M

#4MUUDirexion+211.2%$1.5B

#5AMDLGraniteShares+206.9%$634M

#6AMDGLeverageShares+204.5%$16.3M

#7MULLGraniteShares+199.7%$240M

#8OSCXDefiance+183.4%$7.2M

#227MUDDirexion−97.8%$31.7M

End-of-day Nov 9, 2026 · 228 Single-Stock Leverage ETFs by YTD

$10,000 in MUD

$10,000 in MUD became

$58

In the S&P 500 (VOO)

$13,189

Total return, dividends in · Oct 18, 2024 – Nov 9, 2026 · S&P 500 uses VOO

MUD Returns by Period

Today

YTD

MAX

MUD

−6.2%

+31.6%

+7.4%

−97.8%

−98.3%

—

−99.4%

Peer average

+8.0%

−23.6%

−28.4%

−29.8%

−36.1%

+14.2%

—

S&P 500 · VOO

+2.3%

−3.3%

−2.1%

+11.3%

+13.6%

+81.6%

+75.4%

—

End-of-day Nov 9, 2026 · total return, dividends in · peers = 390 Single-Stock Leverage ETFs

MUD’s Single-Stock Leverage Rank

YTD

#227of 228
single-stock leverage ETFs

Best · DLLL+318.5%

Average−29.8%

MUD−97.8%

Worst · SMUP−99.4%

Single-Stock Leverage ETFs by YTD return · Nov 9, 2026

MUD Price and 52-Week Range

From the 52-week high

−98.6%

From the 52-week low

+41.1%

Today $12.13 – $13.16

Previous close $13.15

$12.33 now

52-week low$8.7452-week high$900.60

End-of-day Nov 9, 2026 · box = today’s range, dashed = previous close

MUD’s Size vs Its Peers

Today

$31.7M#92 by size of 391 single-stock leverage ETFs

AUM · MUD and the 5 largest peers · Nov 9, 2026

MUD Fee per $100 vs Peers

Today

$1.42a year
per $100

$142 a year on $10,000

TSLL$0.95

GGLL$0.96

MUU$1.01

MUD$1.42

NVDL$1.65

AMDL$1.89

Expense ratio · Single-Stock Leverage peers · Nov 9, 2026

Inside MUD

MUD

Direxion Shares ETF Trust - Direxion Daily MU Bear 1X ETF

Today

MUD gets its 1× exposure through swaps and futures, so a list of holdings would not show what you own: […]

Direxion MUD · holdings

How It Compares

MUD

Direxion Shares ETF Trust - Direxion Daily MU Bear 1X ETF’s Peers

Today


TSLL	DirexionRead Desk	0.95%	+10.9%	−49.4%	$2.9B
NVDL	GraniteSharesRead Desk	1.65%	−8.7%	−30.0%	$2.4B
MUU	DirexionRead Desk	1.01%	+12.5%	+312.2%	$1.5B
GGLL	DirexionRead Desk	0.96%	+2.5%	−17.2%	$996M
AMDL	GraniteSharesRead Desk	1.89%	+26.8%	+135.6%	$634M
MUD	DirexionThis fundRead Desk	1.42%	−6.2%	−98.3%	$32M

Single-Stock Leverage peers · Today’s and past-year returns · as of Nov 10, 2026 · sorted by AUM

Head to Head

Put MUD head to head with TSLL →

TSLL vs MUD

YTD

TSLLDirexionMUDDirexion

Year to date

−47.8%

−97.8%

TSLL wins+50.1 pts

Past year

−49.4%

−98.3%

TSLL wins+48.9 pts

Fee

0.95%

1.42%

TSLL winslower fee

Yield

9.9%

34.6%

MUD wins+24.7 pts

AUM

$2.9B

$31.7M

TSLL92.2× more

3–1TSLL wins

Direxion TSLL and Direxion MUD · year-to-date · as of Nov 10, 2026 · AUM not scored

MUD vs VOO

YTD

MUD · Direxion Shares ETF Trust - Direxion Daily MU Bear 1X

−97.8%

VOO · S&P 500

+11.3%

Gap

109.1 pts

Direxion MUD and Vanguard VOO · Today total return · as of Nov 10, 2026

MUD vs Its Peer Average

YTD

MUDAvsBPeer average

1D−6.2%+8.0%

1M+31.6%−23.6%

3M+7.4%−28.4%

YTD−97.8%−29.8%

1Y−98.3%−36.1%

3Y[…]+14.2%

2–3Peer average wins

390 Single-Stock Leverage peers · each row scaled to its leader

How Bumpy Is MUD?

View

MUD

How Bumpy

8.9×the S&P 500’s swings

CalmerBumpierS&P 1×MUD

S&P 500 swings · 1Y13.7%

Direxion MUD · daily swings over the past year vs the S&P 500

MUD

Worst Drop

−98.9%from its Nov 20 high

Still below the high−98.5%

$10,000 at the high is now$150

Direxion MUD · fall from the highest close, past year

MUD

On a Bad Day

−1.6×rose, on average, when the S&P 500 fell

MUD’s worst day: Thursday, Mar 5

MUD

−89.9%

S&P 500

−0.6%

Up days47 of every 100

S&P 500 up days52 of every 100

Direxion MUD · average move on days the S&P 500 fell

MUD

Return for the Bumps

1Y#6 of 6 single-Stock Leverage funds

#1MUUDirexion · 2×

most for the bumps

#2AMDLGraniteShares · 2×

#3GGLLDirexion · 2×

lost money

#4NVDLGraniteShares · 2×

lost money

#5TSLLDirexion · 2×

lost money

#6MUDDirexion · −1×

lost money

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

MUD

Cost

Today

$142a year per $10,000

TSLL

$95

GGLL

$96

MUU

$101

MUD

$142

SNXX

$149

NVDL

$165

AMDL

$189

Expense ratio 1.42%, taken from the fund’s value

MUD

Volatility & Beta

122.1%annual volatility

S&P 500 volatility13.7%

Downside volatility111.0%

Beta vs SPY−3.03

Correlation vs SPY−0.34

Lowest beta of 6 single-Stock Leverage fundsMUD

Daily total returns × √252 · past 254 trading days

MUD

Max Drawdown

−98.9%peak to trough

Peak closeNov 20, 2025

Current drawdown−98.5%

Worst day−89.90% · Mar 5

Closing prices, dividends in

MUD

Up / Down Capture

−158%down capture vs SPY

Down days

−158%

Up days

−407%

S&P 500

100%

Up ÷ down capture[…]

Up days46.9% (S&P 52.4%)

Average daily move on SPY up days and down days

MUD

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
MUU 2×	2.29	3.65	166.8%	−79.4%	6.63	$101
AMDL 2×	0.73	1.12	146.8%	−65.3%	6.91	$189
GGLL 2×	−0.25	−0.35	67.7%	−57.1%	2.62	$96
NVDL 2×	−0.54	−0.75	76.6%	−49.7%	3.54	$165
TSLL 2×	−0.58	−0.79	92.0%	−70.1%	4.25	$95
MUD −1×	−0.84	−0.92	122.1%	−98.9%	−3.03	$142

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

MUD

Trading

Today

−6.31%below its holdings’ value

Close$12.33

NAV$13.16

Fee per $10,000$142 a year

Avg. volume 30D7.4M shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 9

The Details

MUD

Fund Facts

Today

2024launched Oct 10

Tracks[…]

Exchange · CUSIPNASDAQ · 25461A163

StructureETF

Leverage-1x

Cost on $10,000$142 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Direxion MUD · fund facts · as of Nov 10, 2026

MUD

Payouts by Year

$0.15per share, Sep 2026

Distribution yield34.6%

PaidEvery quarter

Latest ex-date · paidSep 22 · Sep 29, 2026

8 payouts added up$67.77 a share

Direxion MUD · distributions by ex-date · 2024–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-10-31 ↗SEC reported portfolio · 2025-07-31 ↗SEC reported portfolio · 2025-04-30 ↗

Trading & Liquidity

Net asset value$13.16

Premium / discount[…]

Median spread · 30D[…]

Volume today2.9M

Average volume · 30D7.4M

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio1.42%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$142.00

Our risk indicator5/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 22, 2026	Sep 29, 2026	$0.15
Jun 23, 2026	Jun 30, 2026	$0.0510
Mar 24, 2026	Mar 31, 2026	$0.27
Dec 23, 2025	Dec 31, 2025	$3.80
Sep 23, 2025	Sep 30, 2025	$7.10
Jun 24, 2025	Jul 1, 2025	$20.60
Mar 25, 2025	Apr 1, 2025	$22.30
Dec 23, 2024	Dec 31, 2024	$13.50

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