See what your fund actually adds
Defiance Daily Target 2X Short MU ETF MUZ
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | MUZ | Replication |
|---|---|---|
| Annualized growth | -93.7% | -8.4% |
| Annualized volatility | 118.7% | 18.4% |
| Sharpe ratio | -1.71 | -0.39 |
| Maximum drawdown | 59.8% | 8.0% |
| Replication fit (R²) | 0.07 · Tracking error 114.6% | |
Replication portfolio
The published portfolio below is the investable basket used to model MUZ’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLY | Sector · Cons Discr | 100.0% |