MUD vs NACP

Comparison between Direxion Daily MU Bear 1X Shares (MUD, ETF) and IMPACT SHARES NAACP MINORITY EMPOWERMENT ETF (NACP, ETF).

MUD vs NACP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUD(ETF)	NACP(ETF)
Net Assets	$76M	$76M
Expense Ratio	1.02%	0.49%
Max Drawdown	97.14%	30.96%
Sharpe Ratio	-3.13	1.77
5Y Beta	-2.44	1.02
P/E Ratio	N/A	28.91
Forward P/E	N/A	19.38
PEG Ratio	N/A	0.21
5Y Dividends CAGR	N/A	-6.37%
5Y EPS CAGR	N/A	23.29%
Debt to Equity	N/A	42.30%
P/S Ratio	N/A	3.72
P/B Ratio	N/A	5.43

Net Assets

Winner

MUD

$76M

NACP

$76M

Expense Ratio

MUD

1.02%

Winner

NACP

0.49%

Max Drawdown

MUD

97.14%

Winner

NACP

30.96%

Sharpe Ratio

MUD

-3.13

Winner

NACP

1.77

5Y Beta

Winner

MUD

-2.44

NACP

1.02

P/E Ratio

MUD

N/A

NACP

28.91

Forward P/E

MUD

N/A

NACP

19.38

PEG Ratio

MUD

N/A

NACP

0.21

5Y Dividends CAGR

MUD

N/A

NACP

-6.37%

5Y EPS CAGR

MUD

N/A

NACP

23.29%

Debt to Equity

MUD

N/A

NACP

42.30%

P/S Ratio

MUD

N/A

NACP

3.72

P/B Ratio

MUD

N/A

NACP

5.43

MUD vs NACP - Historical Returns

Returns include dividend reinvestment.

Period	MUD	NACP
1 month	+14.20%	-1.86%
3 months	-65.12%	+12.00%
6 months	-72.77%	+16.22%
1 year	-93.27%	+35.11%
5 years(CAGR)	N/A	+14.97%
10 years(CAGR)	N/A	+16.82%
Max(CAGR)	-81.71%	+16.82%

Winner

MUD

+14.20%

NACP

-1.86%

MUD

-65.12%

Winner

NACP

+12.00%

MUD

-72.77%

Winner

NACP

+16.22%

MUD

-93.27%

Winner

NACP

+35.11%

5Y(CAGR)

MUD

N/A

NACP

+14.97%

10Y(CAGR)

MUD

N/A

NACP

+16.82%

Max(CAGR)

MUD

-81.71%

Winner

NACP

+16.82%

MUD vs NACP - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	MUD	NACP
2026	-78.53%	+18.65%
2025	-77.93%	+21.38%
2024	+19.12%	+24.70%
2023	N/A	+30.17%
2022	N/A	-23.79%
2021	N/A	+29.00%
2020	N/A	+24.78%
2019	N/A	+29.84%
2018	N/A	-8.78%

MUD vs NACP 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 NACP was -30.96%, occurring on Mar 23, 2020. Recovery took 104 trading sessions.

The current MUD drawdown is -96.44%. The current NACP drawdown is -2.67%.

Rank	MUD	NACP
#1	-97.03% Apr 4, 2025 - Jun 25, 2026	-30.96% Feb 20, 2020 - Jul 20, 2020
#2	-24.70% Dec 31, 2024 - Apr 3, 2025	-27.89% Jan 3, 2022 - Jan 18, 2024
#3	-12.41% Nov 1, 2024 - Nov 15, 2024	-19.65% Feb 19, 2025 - Jul 2, 2025
#4	-12.08% Nov 15, 2024 - Dec 19, 2024	-17.52% Sep 21, 2018 - Mar 21, 2019
#5	-7.15% Oct 15, 2024 - Oct 31, 2024	-9.86% Sep 2, 2020 - Nov 9, 2020
#6	-3.52% Dec 19, 2024 - Dec 30, 2024	-9.65% Jan 29, 2026 - Apr 14, 2026
#7	-2.39% Oct 10, 2024 - Oct 15, 2024	-8.73% Jul 16, 2024 - Sep 19, 2024
#8	N/A	-7.18% Apr 30, 2019 - Jun 20, 2019
#9	N/A	-6.91% Jul 26, 2019 - Oct 30, 2019
#10	N/A	-5.83% Oct 28, 2025 - Dec 5, 2025
#11	N/A	-5.73% Sep 3, 2021 - Oct 21, 2021
#12	N/A	-5.49% Feb 12, 2021 - Mar 15, 2021
#13	N/A	-5.36% Mar 28, 2024 - May 15, 2024
#14	N/A	-4.86% Jun 4, 2026 - Jun 15, 2026
#15	N/A	-4.85% Nov 19, 2021 - Dec 27, 2021

Correlation

Correlation between MUD and NACP is -0.92 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.92

-101