2FB.L vs. MSTI.L
2FB.L (Leverage Shares 2x Facebook ETC A GBP) and MSTI.L (IncomeShares Microstrategy (MSTR) Options ETP) are both exchange-traded funds - 2FB.L is a Leveraged Equities fund tracking the NYSE Leveraged 2x FB Index, while MSTI.L is a Derivative Income fund actively managed by Leverage Shares. 2FB.L is passively managed, while MSTI.L is actively managed. At a 0.15 correlation, their price movements are largely independent. 2FB.L charges 0.75%/yr vs 0.55%/yr for MSTI.L.
Performance
2FB.L vs. MSTI.L - Performance Comparison
Loading charts...
Different Trading Currencies
2FB.L is traded in GBp, while MSTI.L is traded in USD. To make them comparable, the MSTI.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, 2FB.L achieves a -21.96% return, which is significantly higher than MSTI.L's -53.27% return.
2FB.L
- 1D
- 3.19%
- 1M
- 0.73%
- YTD
- -21.96%
- 6M
- -18.07%
- 1Y
- -30.62%
- 3Y*
- 36.09%
- 5Y*
- -1.29%
- 10Y*
- —
MSTI.L
- 1D
- -1.97%
- 1M
- -36.31%
- YTD
- -53.27%
- 6M
- -58.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
2FB.L vs. MSTI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
2FB.L Leverage Shares 2x Facebook ETC A GBP | -21.96% | -25.92% |
MSTI.L IncomeShares Microstrategy (MSTR) Options ETP | -53.27% | -60.65% |
Correlation
The correlation between 2FB.L and MSTI.L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025 | 0.15 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
2FB.L vs. MSTI.L — Risk / Return Rank
2FB.L
MSTI.L
2FB.L vs. MSTI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Facebook ETC A GBP (2FB.L) and IncomeShares Microstrategy (MSTR) Options ETP (MSTI.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 2FB.L | MSTI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.96 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | — | — |
| Martin ratioReturn relative to average drawdown | -0.94 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 2FB.L | MSTI.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.46 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | -1.34 | +1.41 |
Drawdowns
2FB.L vs. MSTI.L - Drawdown Comparison
The maximum 2FB.L drawdown since its inception was -96.13%, which is greater than MSTI.L's maximum drawdown of -84.75%. Use the drawdown chart below to compare losses from any high point for 2FB.L and MSTI.L.
Loading charts...
Drawdown Indicators
| 2FB.L | MSTI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.13% | -84.75% | -11.38% |
Max Drawdown (1Y)Largest decline over 1 year | -60.32% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -63.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -96.13% | — | — |
Current DrawdownCurrent decline from peak | -52.92% | -84.75% | +31.83% |
Average DrawdownAverage peak-to-trough decline | -39.73% | -52.59% | +12.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.57% | — | — |
Volatility
2FB.L vs. MSTI.L - Volatility Comparison
Loading charts...
Volatility by Period
| 2FB.L | MSTI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.78% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 50.57% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 66.37% | 62.60% | +3.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.77% | 62.60% | +21.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.65% | 62.60% | +16.05% |
2FB.L vs. MSTI.L - Expense Ratio Comparison
2FB.L has a 0.75% expense ratio, which is higher than MSTI.L's 0.55% expense ratio.
Dividends
2FB.L vs. MSTI.L - Dividend Comparison
2FB.L has not paid dividends to shareholders, while MSTI.L's dividend yield for the trailing twelve months is around 1.45%.
| Position | TTM | 2025 |
|---|---|---|
2FB.L Leverage Shares 2x Facebook ETC A GBP | 0.00% | 0.00% |
MSTI.L IncomeShares Microstrategy (MSTR) Options ETP | 1.45% | 0.16% |
Frequently Asked Questions
2FB.L and MSTI.L have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MSTI.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MSTI.L is cheaper with a 0.55% expense ratio, compared with 0.75% for 2FB.L.
2FB.L is categorized as Leveraged Equities, while MSTI.L is Derivative Income. Their fees differ too: 0.75% for 2FB.L and 0.55% for MSTI.L.
Find the right allocation for 2FB.L and MSTI.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer