AAPB vs. MSFO
Compare and contrast key facts about GraniteShares 2x Long AAPL Daily ETF (AAPB) and YieldMax MSFT Option Income Strategy ETF (MSFO).
AAPB and MSFO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAPB is an actively managed fund by GraniteShares. It was launched on Aug 8, 2022. MSFO is an actively managed fund by Tidal. It was launched on Aug 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPB or MSFO.
Key characteristics
| AAPB | MSFO | |
|---|---|---|
| YTD Return | 19.85% | 11.80% |
| 1Y Return | 35.66% | 26.67% |
| Sharpe Ratio | 0.89 | 1.67 |
| Daily Std Dev | 42.58% | 16.34% |
| Max Drawdown | -47.65% | -13.17% |
| Current Drawdown | -12.10% | -6.55% |
Correlation
The correlation between AAPB and MSFO is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AAPB vs. MSFO - Performance Comparison
In the year-to-date period, AAPB achieves a 19.85% return, which is significantly higher than MSFO's 11.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AAPB vs. MSFO - Expense Ratio Comparison
AAPB has a 1.15% expense ratio, which is higher than MSFO's 0.99% expense ratio.
Risk-Adjusted Performance
AAPB vs. MSFO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AAPL Daily ETF (AAPB) and YieldMax MSFT Option Income Strategy ETF (MSFO). 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.
Dividends
AAPB vs. MSFO - Dividend Comparison
AAPB's dividend yield for the trailing twelve months is around 15.64%, less than MSFO's 32.25% yield.
| TTM | 2023 | |
|---|---|---|
AAPB GraniteShares 2x Long AAPL Daily ETF | 15.64% | 18.75% |
MSFO YieldMax MSFT Option Income Strategy ETF
| 32.25% | 6.44% |
Drawdowns
AAPB vs. MSFO - Drawdown Comparison
The maximum AAPB drawdown since its inception was -47.65%, which is greater than MSFO's maximum drawdown of -13.17%. Use the drawdown chart below to compare losses from any high point for AAPB and MSFO. For additional features, visit the drawdowns tool.
Volatility
AAPB vs. MSFO - Volatility Comparison
GraniteShares 2x Long AAPL Daily ETF (AAPB) has a higher volatility of 8.84% compared to YieldMax MSFT Option Income Strategy ETF (MSFO) at 4.28%. This indicates that AAPB's price experiences larger fluctuations and is considered to be riskier than MSFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.