Leverage · ranked by net assets

Every leveraged ETF on MU, largest first

Same underlying, different multiples and different issuers. Two funds stating the same multiple on MU have still finished points apart.

#TickerFundSaysNet assets ↓FeeFund returned, 3 months or 1 monthLabel impliedDifference
1MUUDirexion Daily MU Bull 2X ETF+2x$4.4bn1.01%−12.9%+6.4%−19.3 pts
2MULLGraniteShares 2x Long MU Daily ETF+2x$779m1.50%−12.3%+6.4%−18.7 pts
3MUZDefiance Daily Target 2X Short MU ETF-2x$43m1.31%−43.2%−6.4%−36.8 pts
4MUDDirexion Daily MU Bear 1X ETF-1x$31m1.02%−14.5%−3.2%−11.3 pts
5MICCorgi MU 2x Daily ETF+2x$1m0.45%−11.6%+6.4%−18.0 pts
6MUGLeverage Shares 2X Long MU Daily ETF+2x$1m0.99%+21.4%+22.2%−0.8 pts
Every leveraged ETF on MU, largest first, ranked by net assets, as of Sep 30, 2026. Fund returned, Label implied and Difference are over the 3 months from Jul 1, 2026 to Sep 30, 2026, or the 1 month from Aug 31, 2026 to Sep 30, 2026 for a fund with no longer record. Source: ETFIQ.

Method

The 6 leveraged and inverse ETFs ETFIQ measures on MU, of which 6 publish net assets. Between them they state -2x, -1x, +2x. Each fund’s difference is its own return minus what its stated multiple implies over the same days, which is a different number for every multiple on the list. Over the same days MU itself returned +3.2%. Of each difference the part that is compounding rather than the fund is the same for every fund stating a given multiple, −33.7 at -2x, −12.9 at -1x, −13.6 at +2x, in percentage points. What is left is the fund. The ranking is the published field sorted, nothing else: no scoring, no weighting and no view on any fund. Every fund ETFIQ covers in this category is eligible, including funds that have closed, because leaving them out would flatter the category.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A ranking is not a recommendation and no order on this site is an opinion. ETFIQ is an independent publisher, not an adviser.

Cite this page

ETFIQ, Every leveraged ETF on MU, largest first, ranked by net assets, data as of Sep 30, 2026. https://etfiq.com/rankings/leverage-largest-on-mu

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Free to use with attribution; the underlying files are at Open data.