MUNC vs LMTL

Comparison between NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUNC, ETF) and Direxion Daily LMT Bull 2X ETF (LMTL, ETF).

MUNC vs LMTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MUNC(ETF)	LMTL(ETF)
Net Assets	$8.20M	$8.40M
Expense Ratio	0.18%	N/A
Max Drawdown	3.38%	50.03%
Sharpe Ratio	0.27	0.58
5Y Beta	0.06	0.22

Net Assets

MUNC

$8.20M

Winner

LMTL

$8.40M

Expense Ratio

MUNC

0.18%

LMTL

N/A

Max Drawdown

Winner

MUNC

3.38%

LMTL

50.03%

Sharpe Ratio

MUNC

0.27

Winner

LMTL

0.58

5Y Beta

Winner

MUNC

0.06

LMTL

0.22

MUNC vs LMTL - Holdings Comparison

MUNC and LMTL have 0 common holdings. Overlap is 0.00%

MUNC's top 25 holdings weight is 50.41%. LMTL's top 25 holdings weight is 16.14%.

Rank	MUNC	LMTL
#1	UTILITY DEBT SECURITIZATION AUTH N Y 5% (n/a) - 3.34%	LOCKHEED MARTIN CORP (LMT) - 16.14%
#2	NEW JERSEY ST TRANSN TR FD AUTH 5% (n/a) - 3.31%	N/A
#3	SUN PRAIRIE WIS 5% (n/a) - 3.25%	N/A
#4	LOS ANGELES CALIF DEPT WTR & PWR REV 5% (n/a) - 3.22%	N/A
#5	IOWA FIN AUTH REV 5% (n/a) - 3.18%	N/A
#6	WAKE CNTY N C 5% (n/a) - 3.06%	N/A
#7	NEW YORK N Y 5% (n/a) - 2.92%	N/A
#8	KENTUCKY ST PPTY & BLDGS COMMN REVS 5% (n/a) - 2.19%	N/A
#9	ROUND ROCK TEX INDPT SCH DIST 5% (n/a) - 2.16%	N/A
#10	MASSACHUSETTS ST 5% (n/a) - 1.95%	N/A
#11	CENTRAL FLA TOURISM OVERSIGHT DIST 5% (n/a) - 1.87%	N/A
#12	FERRIS ST UNIV MICH REV 5% (n/a) - 1.87%	N/A
#13	n/a (n/a) - 1.73%	N/A
#14	DISTRICT COLUMBIA INCOME TAX REV 5% (n/a) - 1.55%	N/A
#15	CASH (n/a) - 1.46%	N/A
#16	n/a (n/a) - 1.43%	N/A
#17	SAN ANTONIO TEX ELEC & GAS REV 5% (n/a) - 1.43%	N/A
#18	n/a (n/a) - 1.41%	N/A
#19	QUITMAN TEX INDPT SCH DIST 5% (n/a) - 1.39%	N/A
#20	ST PAUL MINN INDPT SCH DIST NO 625 5% (n/a) - 1.35%	N/A
#21	MADISON CNTY ALA BRD ED CAP OUTLAY 5% (n/a) - 1.31%	N/A
#22	UNIVERSITY WASH UNIV REVS 5% (n/a) - 1.28%	N/A
#23	NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% (n/a) - 1.27%	N/A
#24	MANSFIELD TEX INDPT SCH DIST 5% (n/a) - 1.26%	N/A
#25	n/a (n/a) - 1.22%	N/A
Total Holdings	108	1

MUNC vs LMTL - Historical Returns

Returns include dividend reinvestment.

Period	MUNC	LMTL
1 month	-0.76%	+3.56%
3 months	-0.52%	-24.38%
6 months	-0.34%	-30.17%
1 year	+4.13%	+21.44%
Max(CAGR)	+4.50%	+22.55%

MUNC

-0.76%

Winner

LMTL

+3.56%

Winner

MUNC

-0.52%

LMTL

-24.38%

Winner

MUNC

-0.34%

LMTL

-30.17%

MUNC

+4.13%

Winner

LMTL

+21.44%

Max(CAGR)

MUNC

+4.50%

Winner

LMTL

+22.55%

MUNC vs LMTL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	MUNC	LMTL
2026	+0.29%	-4.11%
2025	+3.78%	+20.59%

MUNC vs LMTL Drawdown Comparison

The maximum drawdown for MUNC was -3.17%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for LMTL was -49.47%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The current MUNC drawdown is -1.93%. The current LMTL drawdown is -47.15%.

Rank	MUNC	LMTL
#1	-3.17% Feb 26, 2026 - Mar 27, 2026	-49.47% Mar 2, 2026 - Jun 24, 2026
#2	-0.57% Sep 17, 2025 - Oct 10, 2025	-27.75% Oct 6, 2025 - Jan 6, 2026
#3	-0.56% Jan 16, 2026 - Jan 28, 2026	-10.20% Feb 2, 2026 - Feb 9, 2026
#4	-0.33% Nov 11, 2025 - Dec 23, 2025	-9.55% Jan 6, 2026 - Jan 9, 2026
#5	-0.25% Oct 24, 2025 - Nov 7, 2025	-8.00% Feb 19, 2026 - Mar 2, 2026
#6	-0.18% Feb 3, 2026 - Feb 5, 2026	-4.27% Aug 6, 2025 - Aug 13, 2025
#7	-0.14% Feb 17, 2026 - Feb 23, 2026	-4.03% Jan 22, 2026 - Jan 27, 2026
#8	-0.09% Dec 23, 2025 - Dec 30, 2025	-3.08% Feb 9, 2026 - Feb 13, 2026
#9	-0.09% Aug 29, 2025 - Sep 4, 2025	-2.79% Sep 5, 2025 - Sep 11, 2025
#10	-0.07% Aug 19, 2025 - Aug 22, 2025	-2.13% Jan 16, 2026 - Jan 21, 2026
#11	-0.06% Feb 24, 2026 - Feb 26, 2026	-2.01% Aug 28, 2025 - Sep 4, 2025
#12	-0.04% Oct 17, 2025 - Oct 21, 2025	-1.67% Aug 13, 2025 - Aug 20, 2025
#13	-0.04% Feb 10, 2026 - Feb 12, 2026	-0.65% Feb 13, 2026 - Feb 19, 2026
#14	-0.03% Oct 10, 2025 - Oct 14, 2025	-0.64% Sep 24, 2025 - Sep 26, 2025
#15	-0.03% Oct 22, 2025 - Oct 24, 2025	-0.54% Sep 16, 2025 - Sep 22, 2025