NACP vs MUD

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

NACP vs MUD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

NACP

$76M

Winner

MUD

$76M

Expense Ratio

Winner

NACP

0.49%

MUD

1.02%

Max Drawdown

Winner

NACP

30.96%

MUD

97.14%

Sharpe Ratio

Winner

NACP

1.77

MUD

-3.13

5Y Beta

NACP

1.02

Winner

MUD

-2.44

P/E Ratio

NACP

28.91

MUD

N/A

Forward P/E

NACP

19.38

MUD

N/A

PEG Ratio

NACP

0.21

MUD

N/A

5Y Dividends CAGR

NACP

-6.37%

MUD

N/A

5Y EPS CAGR

NACP

23.29%

MUD

N/A

Debt to Equity

NACP

42.30%

MUD

N/A

P/S Ratio

NACP

3.72

MUD

N/A

P/B Ratio

NACP

5.43

MUD

N/A

NACP vs MUD - Historical Returns

Returns include dividend reinvestment.

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

NACP

-1.86%

Winner

MUD

+14.20%

Winner

NACP

+12.00%

MUD

-65.12%

Winner

NACP

+16.22%

MUD

-72.77%

Winner

NACP

+35.11%

MUD

-93.27%

5Y(CAGR)

NACP

+14.97%

MUD

N/A

10Y(CAGR)

NACP

+16.82%

MUD

N/A

Max(CAGR)

Winner

NACP

+16.82%

MUD

-81.71%

NACP vs MUD - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

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

NACP vs MUD Drawdown Comparison

The maximum drawdown for NACP was -30.96%, occurring on Mar 23, 2020. Recovery took 104 trading sessions.

The maximum drawdown for MUD was -97.03%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

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

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

Correlation

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

-0.92

-101