AMDL vs. MSFL
Compare and contrast key facts about GraniteShares 2x Long AMD Daily ETF (AMDL) and GraniteShares 2x Long MSFT Daily ETF (MSFL).
AMDL and MSFL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMDL is an actively managed fund by GraniteShares. It was launched on Mar 15, 2024. MSFL is an actively managed fund by GraniteShares. It was launched on Mar 15, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMDL or MSFL.
Correlation
The correlation between AMDL and MSFL is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMDL vs. MSFL - Performance Comparison
Key characteristics
AMDL:
89.74%
MSFL:
41.88%
AMDL:
-76.99%
MSFL:
-29.48%
AMDL:
-74.25%
MSFL:
-26.38%
Returns By Period
In the year-to-date period, AMDL achieves a -14.23% return, which is significantly lower than MSFL's -4.00% return.
AMDL
-14.23%
-15.01%
-51.04%
N/A
N/A
N/A
MSFL
-4.00%
-6.81%
-5.63%
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMDL vs. MSFL - Expense Ratio Comparison
Both AMDL and MSFL have an expense ratio of 1.15%.
Risk-Adjusted Performance
AMDL vs. MSFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AMD Daily ETF (AMDL) and GraniteShares 2x Long MSFT Daily ETF (MSFL). 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.
Not enough dataDividends
AMDL vs. MSFL - Dividend Comparison
Neither AMDL nor MSFL has paid dividends to shareholders.
Drawdowns
AMDL vs. MSFL - Drawdown Comparison
The maximum AMDL drawdown since its inception was -76.99%, which is greater than MSFL's maximum drawdown of -29.48%. Use the drawdown chart below to compare losses from any high point for AMDL and MSFL. For additional features, visit the drawdowns tool.
Volatility
AMDL vs. MSFL - Volatility Comparison
GraniteShares 2x Long AMD Daily ETF (AMDL) has a higher volatility of 25.05% compared to GraniteShares 2x Long MSFT Daily ETF (MSFL) at 18.37%. This indicates that AMDL's price experiences larger fluctuations and is considered to be riskier than MSFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.