{"url":"https://etfiq.com/rankings/leverage-largest-on-mu","section":"rankings","title":"Every leveraged ETF on MU, largest first | ETFIQ","description":"Every leveraged ETF on MU, largest first, ranked by net assets, as of Sep 30, 2026. 6 funds from ETFIQ\u2019s own published figures.","as_of":"Sep 30, 2026","structured_data":[{"@type":"ItemList","name":"Every leveraged ETF on MU, largest first","numberOfItems":6,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"MUU","url":"https://etfiq.com/funds/muu"},{"@type":"ListItem","position":2,"name":"MULL","url":"https://etfiq.com/funds/mull"},{"@type":"ListItem","position":3,"name":"MUZ","url":"https://etfiq.com/funds/muz"},{"@type":"ListItem","position":4,"name":"MUD","url":"https://etfiq.com/funds/mud"},{"@type":"ListItem","position":5,"name":"MIC","url":"https://etfiq.com/funds/mic"},{"@type":"ListItem","position":6,"name":"MUG","url":"https://etfiq.com/funds/mug"}]},{"@type":"Dataset","name":"Every leveraged ETF on MU, largest first","description":"Every leveraged ETF on MU, largest first, ranked by net assets, as of Sep 30, 2026. 6 funds from ETFIQ\u2019s own published figures. A ranking is not a recommendation.","url":"https://etfiq.com/rankings/leverage-largest-on-mu","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","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"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Rankings","item":"https://etfiq.com/rankings/"},{"@type":"ListItem","position":3,"name":"Every leveraged ETF on MU, largest first","item":"https://etfiq.com/rankings/leverage-largest-on-mu"}]},{"@type":"WebPage","name":"Every leveraged ETF on MU, largest first","description":"Every leveraged ETF on MU, largest first, ranked by net assets, as of Sep 30, 2026. 6 funds from ETFIQ\u2019s own published figures. A ranking is not a recommendation.","url":"https://etfiq.com/rankings/leverage-largest-on-mu","dateModified":"2026-10-01","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3281,"truncated":false,"content":"ETFIQ / Rankings / Every leveraged ETF on MU, largest first \n \n As of Sep 30, 2026 . Rebuilt every trading night.\n Every leveraged ETF on MU, largest first\n Same underlying, different multiples and different issuers. Two funds stating the same multiple on MU have still finished points apart.\n 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. # Ticker Fund Says Net assets Fee Fund returned, 3 months or 1 month Label implied Difference \n 1 MUU Direxion Daily MU Bull 2X ETF +2x $4.4bn 1.01% \u221212.9% +6.4% \u221219.3 pts \n 2 MULL GraniteShares 2x Long MU Daily ETF +2x $779m 1.50% \u221212.3% +6.4% \u221218.7 pts \n 3 MUZ Defiance Daily Target 2X Short MU ETF -2x $43m 1.31% \u221243.2% \u22126.4% \u221236.8 pts \n 4 MUD Direxion Daily MU Bear 1X ETF -1x $31m 1.02% \u221214.5% \u22123.2% \u221211.3 pts \n 5 MIC Corgi MU 2x Daily ETF +2x $1m 0.45% \u221211.6% +6.4% \u221218.0 pts \n 6 MUG Leverage Shares 2X Long MU Daily ETF +2x $1m 0.99% +21.4% +22.2% \u22120.8 pts \n \n Method\n 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\u2019s 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, \u221233.7 at -2x, \u221212.9 at -1x, \u221213.6 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.\n Where to next\n The widest gap between leveraged ETFs on one trade Every leveraged ETF Where these figures came from\n The multiple each fund states in its own registered name, from the SEC investment company series and class file SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.\n A ranking is not a recommendation and no order on this site is an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n 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 Free to use with attribution ; the underlying files are at Open data .\n Other forms Plain 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 APA ETFIQ. (Sep 30, 2026). Every leveraged ETF on MU, largest first, ranked by net assets. Retrieved from https://etfiq.com/rankings/leverage-largest-on-mu Markdown [Every leveraged ETF on MU, largest first, ranked by net assets (ETFIQ, Sep 30, 2026)](https://etfiq.com/rankings/leverage-largest-on-mu)","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/rankings/leverage-largest-on-mu"}