Performance analysis of MULL (GRANITESHARES 2X LONG MU DAILY ETF)
Annual Return
Since Nov 12, 2024, MULL has had an average annual return of +985.44%, outperforming the benchmark SPY, which returned +17.54% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +936.87% | +558.30% | -40.10% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +100.21% | -5.74% | -37.16% | +124.36% | +217.64% | +22.69% | +936.87% | ||||||
| 2025 | +11.02% | +1.97% | -17.37% | -31.13% | +46.44% | +66.13% | -23.33% | +15.57% | +90.83% | +71.17% | +4.77% | +38.50% | +558.30% |
| 2024 | -12.81% | -31.30% | -40.10% |
Drawdown analysis of MULL (GRANITESHARES 2X LONG MU DAILY ETF)
The maximum drawdown for the MULL was -72.28%, occurring on Apr 4, 2025. Recovery took 107 trading sessions.
Since Nov 12, 2024 MULL has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 2 times
- 30% or more: 4 times
- 20% or more: 6 times
- 10% or more: 10 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -72.28% | Dec 17, 2024 | 73 | Apr 4, 2025 | 107 | Sep 9, 2025 | 180 |
| -53.09% | Mar 18, 2026 | 8 | Mar 30, 2026 | 16 | Apr 22, 2026 | 24 |
| -38.87% | Nov 10, 2025 | 8 | Nov 20, 2025 | 13 | Dec 10, 2025 | 21 |
| -32.76% | Feb 2, 2026 | 23 | Mar 6, 2026 | 7 | Mar 17, 2026 | 30 |
| -29.21% | May 13, 2026 | 3 | May 18, 2026 | 5 | May 26, 2026 | 8 |
| -27.53% | Dec 10, 2025 | 5 | Dec 17, 2025 | 3 | Dec 22, 2025 | 8 |
| -15.36% | Oct 8, 2025 | 2 | Oct 10, 2025 | 4 | Oct 16, 2025 | 6 |
| -14.63% | Nov 12, 2024 | 3 | Nov 15, 2024 | 20 | Dec 16, 2024 | 23 |
| -14.53% | Sep 18, 2025 | 5 | Sep 25, 2025 | 4 | Oct 1, 2025 | 9 |
| -14.28% | Nov 3, 2025 | 1 | Nov 4, 2025 | 1 | Nov 5, 2025 | 2 |
| -9.76% | Jan 29, 2026 | 1 | Jan 30, 2026 | 1 | Feb 2, 2026 | 2 |
| -9.60% | Jan 6, 2026 | 2 | Jan 8, 2026 | 1 | Jan 9, 2026 | 3 |
| -8.33% | Oct 20, 2025 | 2 | Oct 22, 2025 | 2 | Oct 24, 2025 | 4 |
| -7.70% | Apr 27, 2026 | 1 | Apr 28, 2026 | 3 | May 1, 2026 | 4 |
| -7.49% | May 11, 2026 | 1 | May 12, 2026 | 1 | May 13, 2026 | 2 |
| -7.09% | Jan 12, 2026 | 2 | Jan 14, 2026 | 2 | Jan 16, 2026 | 4 |
| -6.39% | May 6, 2026 | 1 | May 7, 2026 | 1 | May 8, 2026 | 2 |
| -6.30% | Dec 29, 2025 | 2 | Dec 31, 2025 | 1 | Jan 2, 2026 | 3 |
| -5.60% | Oct 6, 2025 | 1 | Oct 7, 2025 | 1 | Oct 8, 2025 | 2 |
| -5.34% | Jan 23, 2026 | 1 | Jan 26, 2026 | 1 | Jan 27, 2026 | 2 |
| -2.83% | Oct 29, 2025 | 2 | Oct 31, 2025 | 1 | Nov 3, 2025 | 3 |
| -2.57% | Apr 22, 2026 | 1 | Apr 23, 2026 | 1 | Apr 24, 2026 | 2 |
| -1.85% | Jan 2, 2026 | 1 | Jan 5, 2026 | 1 | Jan 6, 2026 | 2 |
| -1.52% | May 27, 2026 | 1 | May 28, 2026 | 1 | May 29, 2026 | 2 |
| -1.25% | Dec 24, 2025 | 1 | Dec 26, 2025 | 1 | Dec 29, 2025 | 2 |