MUD vs LNOK
Comparison between Direxion Daily MU Bear 1X Shares (MUD, ETF) and DEFIANCE DAILY TARGET 2X LONG NOK ETF (LNOK, ETF).
MUD vs LNOK - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
MUD
$76M
LNOK
$76M
Expense Ratio
MUD
1.02%
LNOK
N/A
Max Drawdown
MUD
97.14%
Winner
LNOK
70.61%
Sharpe Ratio
MUD
-3.21
Winner
LNOK
1.38
5Y Beta
Winner
MUD
-2.43
LNOK
4.21
MUD vs LNOK - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MUD
-1.09%
LNOK
-53.04%
3M
MUD
-63.13%
Winner
LNOK
-29.41%
6M
MUD
-72.61%
Winner
LNOK
+48.31%
1Y
MUD
-93.61%
LNOK
N/A
Max(CAGR)
MUD
-81.83%
Winner
LNOK
+167.88%
MUD vs LNOK - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | MUD | LNOK |
|---|---|---|
| 2026 | -78.97% | +63.84% |
| 2025 | -77.93% | N/A |
| 2024 | +19.12% | N/A |
MUD vs LNOK Drawdown Comparison
The maximum drawdown for MUD was -97.03%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The maximum drawdown for LNOK was -70.61%, occurring on Jul 23, 2026. This drawdown has not yet recovered.
The current MUD drawdown is -96.52%. The current LNOK drawdown is -70.61%.
| Rank | MUD | LNOK |
|---|---|---|
| #1 | -97.03% Apr 4, 2025 - Jun 25, 2026 | -70.61% Jun 2, 2026 - Jul 23, 2026 |
| #2 | -24.70% Dec 31, 2024 - Apr 3, 2025 | -19.64% May 26, 2026 - Jun 2, 2026 |
| #3 | -12.41% Nov 1, 2024 - Nov 15, 2024 | -18.24% Jan 27, 2026 - Feb 6, 2026 |
| #4 | -12.08% Nov 15, 2024 - Dec 19, 2024 | -17.06% Mar 16, 2026 - Apr 2, 2026 |
| #5 | -7.15% Oct 15, 2024 - Oct 31, 2024 | -16.81% May 5, 2026 - May 11, 2026 |
| #6 | -3.52% Dec 19, 2024 - Dec 30, 2024 | -15.42% May 13, 2026 - May 22, 2026 |
| #7 | -2.39% Oct 10, 2024 - Oct 15, 2024 | -15.30% Apr 20, 2026 - Apr 27, 2026 |
| #8 | N/A | -11.92% Mar 2, 2026 - Mar 16, 2026 |
| #9 | N/A | -11.68% May 11, 2026 - May 13, 2026 |
| #10 | N/A | -9.74% Feb 11, 2026 - Feb 18, 2026 |
| #11 | N/A | -7.82% Apr 13, 2026 - Apr 20, 2026 |
| #12 | N/A | -7.17% Feb 20, 2026 - Mar 2, 2026 |
| #13 | N/A | -2.62% May 1, 2026 - May 5, 2026 |
| #14 | N/A | -2.05% Feb 9, 2026 - Feb 11, 2026 |
| #15 | N/A | -1.67% Apr 9, 2026 - Apr 13, 2026 |
Correlation
Correlation between MUD and LNOK is -0.62 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
-0.62
-101
Select Stocks to Compare
Popular: MUD vs SPYLNOK vs SPY
More Comparisons
Compare with similar stocks