GraniteShares 2x Long MSTR Daily ETF (MSTP) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MSTP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSTP
MSTP charges 1.50% annually. There are 406 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | MSTP vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | MSTP vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | MSTP vs SPUU | |
| Leverage Shares 2X Long PLUG Daily ETF | 0.75% | — | Jan 2026 | MSTP vs PLUL | |
| Leverage Shares 2X Long VALE Daily ETF | 0.75% | — | Dec 2025 | MSTP vs VALG |
Best Risk-Adjusted Alternatives to MSTP
MSTP has a PortfoliosLab risk / return rank of 2. There are 240 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 6.16B | Oct 2024 | MSTP vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | MSTP vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | MSTP vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | MSTP vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 509.42M | Feb 2025 | MSTP vs INTW |
Top Performing MSTP Alternatives (YTD)
MSTP is at -74.79% YTD. There are 365 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 857.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 857.58% | 162.40M | Feb 2025 | MSTP vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 640.02% | 6.16B | Oct 2024 | MSTP vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 619.42% | 923.53M | Nov 2024 | MSTP vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 438.70% | 101.49M | Nov 2025 | MSTP vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 438.59% | 509.42M | Feb 2025 | MSTP vs INTW |
Lowest Volatility Alternatives to MSTP
MSTP has 148.74% 1-year volatility. There are 345 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.76% | 22.82M | Apr 2021 | MSTP vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.21% | 20.50M | Apr 2021 | MSTP vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.39% | 13.45M | Jul 2021 | MSTP vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.51% | 20.95M | Jul 2021 | MSTP vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 69.49M | Apr 2021 | MSTP vs XDSQ |
Lowest Drawdown Alternatives to MSTP
MSTP has a 1-year max drawdown of -98.40%. There are 264 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | MSTP vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | MSTP vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | MSTP vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | MSTP vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | MSTP vs XDSQ |
Other ETFs from GraniteShares
The 10 most viewed GraniteShares ETFs shown here include NVDL, TSYY, BAR and span 8 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities, Technology Equities | 20 | 13.07% | 3.82B | Dec 2022 | MSTP vs NVDL | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income, Options Trading, Actively Managed | 6 | -17.50% | 73.72M | Dec 2024 | MSTP vs TSYY | |
| GraniteShares Gold Trust | Gold, Precious Metals | 24 | -6.10% | 1.37B | Aug 2017 | MSTP vs BAR | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 6 | -54.47% | 295.90M | Sep 2024 | MSTP vs PTIR | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities | 95 | 359.74% | 1.30B | Mar 2024 | MSTP vs AMDL | |
| GraniteShares Platinum Trust | Precious Metals | 17 | -20.73% | 169.16M | Jan 2018 | MSTP vs PLTM | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 3 | -2.07% | 29.93M | Aug 2023 | MSTP vs TSDD | |
| GraniteShares 2x Short NVDA Daily ETF | Inverse Equities | 2 | -36.08% | 53.76M | Aug 2023 | MSTP vs NVD | |
| GraniteShares 2x Long META Daily ETF | Leveraged Equities | 6 | -13.07% | 229.45M | Dec 2022 | MSTP vs FBL | |
| GraniteShares 2x Long TSLA Daily ETF | Leveraged Equities | 15 | -33.79% | 93.87M | Aug 2023 | MSTP vs TSLR |
Often Compared With MSTP
Investors most often compare MSTP with BAMU, NVDG, IREG. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare MSTP with Any Fund or Stock
Compare MSTP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSTP with funds that move differently
GraniteShares 2x Long MSTR Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSTP.
Explore MSTP Diversifiers