{"url":"https://etfiq.com/compare/leverage/mrvu-vs-mvll","section":"compare","title":"MRVU vs MVLL: which held to its multiple? | ETFIQ","description":"MRVU sets out to return +2 times MRVL each day and MVLL +2 times. Over the three months to Sep 30, 2026 they finished \u221217.2 pts and \u221218.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, MRVU or MVLL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, MRVU finished 17.2 points from what its multiple implies and MVLL finished 18.8 points from its own, so MRVU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are MRVU and MVLL levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Marvell Technology, MRVU at +2 times and MVLL at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, MRVU or MVLL?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window MRVU\u2019s moved at 82% annualized and MVLL\u2019s at 82%, so MRVU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold MRVU or MVLL for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, MRVU or MVLL?","acceptedAnswer":{"@type":"Answer","text":"MRVU charges 0.97% a year and MVLL charges 1.50%, so MRVU is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"MRVU vs MVLL","item":"https://etfiq.com/compare/leverage/mrvu-vs-mvll"}]},{"@type":"WebPage","name":"MRVU vs MVLL: which held to its multiple?","description":"MRVU sets out to return +2 times MRVL each day and MVLL +2 times. Over the three months to Sep 30, 2026 they finished \u221217.2 pts and \u221218.8 pts away.","url":"https://etfiq.com/compare/leverage/mrvu-vs-mvll","dateModified":"2026-09-30","abstract":"Over the days both have traded, MRVU finished 1.0 points from its stated multiple and MVLL 0.1.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MRVU and MVLL","description":"MRVU sets out to return +2 times MRVL each day and MVLL +2 times. Over the three months to Sep 30, 2026 they finished \u221217.2 pts and \u221218.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/mrvu-vs-mvll","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6604,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / MRVU vs MVLL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n MRVU vs MVLL: which held to its multiple?\n\n Over the days both have traded, MRVU finished 1.0 points from its stated multiple and MVLL 0.1.\n Copy this for sharing \n \n Direxion Daily MRVL Bull 2X ETF and GraniteShares 2x Long MRVL Daily ETF.\n\n Download as PDF \n\n \u221222.9% MRVU returned, 3 months \n \u221224.5% MVLL returned, 3 months \n \u221217.2 pts MRVU from its stated multiple \n \u221218.8 pts MVLL from its stated multiple \n\n ETFIQ Decay Resistance Score: MRVU scores higher\n Did it keep ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/mrvu-vs-mvll","a":{"ticker":"MRVU","name":"Direxion Daily MRVL Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MRVU returned \u221222.9% where its own daily promise gave \u221220.4%, 2.6 points short.","url":"https://etfiq.com/funds/mrvu","key_facts":[{"label":"What MRVL did","value":"\u22122.9%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221220.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221222.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$132m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.97%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"MVLL","name":"GraniteShares 2x Long MRVL Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MVLL returned \u221224.5% where its own daily promise gave \u221220.4%, 4.1 points short.","url":"https://etfiq.com/funds/mvll","key_facts":[{"label":"What MRVL did","value":"\u22122.9%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221220.4%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221224.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$419m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.50%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 24, 2025"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/mrvu-vs-mvll"}