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MUD vs TSDD

Direxion Daily MU Bear 1X ETF

MUDBNasdaq

GraniteShares 2x Short TSLA Daily ETF

TSDDANasdaq

Overlap

Expense ratio

TSDD −0.04pt a year

MUD1.02%TSDD0.98%

Avg volume · 30D

MUD 1.1×the volume

MUD12.4MTSDD11M

MUD vs TSDD Performance

Oct 31, 2025 – Oct 30, 2026

−98.6%MUD−24.7%TSDD

Oct 31, 2025 to Oct 30, 2026. MUD −98.6%. TSDD −24.7%. Use the arrow keys to read each point.−75%−50%0%25%50%Oct 2025Apr 2026Oct 2026
Expense ratio
MUD 1.02%
TSDD 0.98%, better
Fund size
MUD $32M
TSDD $31M
1Y total return
MUD −98.6%
TSDD −24.7%, better
Yield (12M)
MUD No data
TSDD 10.55%
Holdings
MUD 4
TSDD 1
Avg volume (30D)
MUD 12.4M sh, better
TSDD 11M sh
NAV per share
MUD $10.15
TSDD $6.07
52W range

ETF.net Grade

MUD: Cost 78, Risk 16, Mission not scored, Tradability 66, Holdings not scored, Durability 73. TSDD: Cost 94, Risk 49, Mission 98, Tradability 81, Holdings not scored, Durability 72.
Pillar letters and Scores for MUD, TSDD, with each pillar’s weight
PillarMUDTSDD
Cost30% weightA78A94Higher
Mission25% weightNot scoredA98
Risk15% weightF16C49Higher
Tradability15% weightB66A81Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA73HigherA72

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MUD and TSDD are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

TSDD ranks 2nd and MUD 20th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 19BNVDQT-REX 2X Inverse NVIDIA Daily Target ETFScore 64
  5. Rank 20BMUDDirexion Daily MU Bear 1X ETFScore 60
  6. Rank 20BSMSTDefiance Daily Target 2x Short MSTR ETFScore 60

Our read on each fund

ETF.net Research

MUDBDirexion Daily MU Bear 1X ETF

TSDDAGraniteShares 2x Short TSLA Daily ETF

In short

MUD No data

TSDD Tesla bears pick their dosage; this is the double. TSDD aims for -2x TSLA's move each day, reset daily, at 0.95% net of a waiver through December 31, 2026. Designed as a short-term tool, not a buy-and-forget holding.

Stated mandate

MUD No data

TSDD The fund seeks daily results before fees and expenses equal to negative 200% of the daily percentage change in Tesla's common stock. It is designed as a short-term inverse leveraged vehicle.

Why people hold it

MUD No data

  • TSDD 0.95% net of a waiver through December 31, 2026 (1.13% gross) undercuts fellow 2x short Tesla fund TSLZ at 1.05% and matches 1x bear TSLS at 0.95%, for double the daily exposure.
  • Hews closely to its stated -2x daily target, one of the tighter implementations among single-stock bear funds.
  • Heavily traded for an inverse single-stock fund, so getting in and out is rarely a chore.
  • A 1940 Act ETF that uses swaps and options on TSLA to sit near 200% short at each close: no margin account or stock borrow on your end.graniteshares.com

Worth knowing

MUD No data

  • TSDD The -2x target resets every day. Hold longer and compounding pulls results away from -2x TSLA's cumulative move, in either direction.graniteshares.com
  • One stock, geared twice: a sharp TSLA rally bites just as hard in reverse. Risk is the highest-octane part of this package.
  • A small fund, and the fee waiver runs through December 31, 2026; after that costs can step up toward the 1.13% gross level.

Full MUD profile⁠

Full TSDD profile⁠

MUD vs TSDD Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MUD vs TSDD Cost

Overpaying MUD vs TSDD

$650

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MUD 1.02%

    $19,012

  • TSDD 0.98%

    $18,362

$10,000
30 years

Cost over time

  • MUD 1.02%
  • TSDD 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MUD $19,012TSDD $18,362

Year by year

YearMUDTSDDOverpaying
10$1,797$1,729$68
20$6,746$6,504$242
30$19,012$18,362$650

Expense ratio

  • 1.02%MUD
  • 0.98%TSDD, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

TSDD 5th cheapest of 43 funds

MUD 12th cheapest of 43 funds

MUD vs TSDD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MUD No data
TSDD 10.55%
Payout (12M)
MUD No data
TSDD $0.65
Last payment
MUD $0.15
TSDD $0.65
Ex-dividend
MUD Sep 22, 2026
TSDD Dec 29, 2025
Paid on
MUD Sep 29, 2026
TSDD Dec 31, 2025
Frequency
MUD Quarterly
TSDD Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

MUDQuarterly · 3 paymentsAll MUD payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Mar 24, 2026 $0.27; Jun 23, 2026 $0.05; Sep 22, 2026 $0.15. Use the arrow keys to read each point.$0$5020232026YTD
TSDDIrregular · 2 paymentsAll TSDD payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2023 $77.34; Dec 29, 2025 $0.65. Use the arrow keys to read each point.$0$5020232026YTD

MUD vs TSDD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MUD 84.7%since Nov 2024TSDD 100.6%
Return per unit of riskSharpe ratio, 3 years
MUD −2.10since Nov 2024TSDD −0.87
Worst fallMax drawdown, 5 years
MUD −99.7%since Oct 2024TSDD −99.1%since Aug 2023
Market sensitivityBeta, 5 years
MUD −3.03TSDD −2.40

Popular comparisons

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