DRUP vs. MFUS

Last updated Jun 4, 2026

DRUP (GraniteShares Nasdaq Select Disruptors ETF) and MFUS (PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF) are both Large Cap Growth Equities funds - DRUP tracks the Nasdaq US Large Cap Select Disruptors Index - Benchmark TR Gross while MFUS tracks the RAFI Dynamic Multi-Factor U.S. Index​. Both are passively managed. Over the past 5 years, DRUP returned 10.93%/yr vs 12.82%/yr for MFUS. A 0.73 correlation means they provide meaningful diversification when combined. DRUP charges 0.60%/yr vs 0.30%/yr for MFUS.

Performance

DRUP vs. MFUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Nasdaq Select Disruptors ETF (DRUP) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRUP achieves a -3.24% return, which is significantly lower than MFUS's 16.37% return.

DRUP

• 1D: -2.27%
• 1M: 9.28%
• YTD: -3.24%
• 6M: -4.85%
• 1Y: 8.51%
• 3Y*: 18.88%
• 5Y*: 10.93%
• 10Y*: —

MFUS

• 1D: 0.03%
• 1M: 5.72%
• YTD: 16.37%
• 6M: 16.58%
• 1Y: 28.04%
• 3Y*: 22.25%
• 5Y*: 12.82%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DRUP vs. MFUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DRUP GraniteShares Nasdaq Select Disruptors ETF	-3.24%	18.18%	23.11%	42.32%	-28.18%	26.13%	28.71%	11.32%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	16.37%	16.02%	20.17%	12.19%	-5.82%	24.10%	10.64%	6.40%

Correlation

The correlation between DRUP and MFUS is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Oct 8, 2019	0.73

Over the past year, the correlation between DRUP and MFUS has dropped to 0.43 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.

DRUP vs. MFUS - Sectors Allocation Comparison

Sectors	DRUP	MFUS
Technology	55.8%	21.8%
Healthcare	20.8%	13.5%
Communication Services	19.8%	5.3%
Consumer Cyclical	1.3%	10.6%
Financial Services	1.2%	12.6%
Industrials	1.1%	12.6%
Basic Materials	-	2.8%
Consumer Defensive	-	10.3%
Energy	-	7.0%
Real Estate	-	1.8%
Utilities	-	1.7%

Return for Risk

DRUP vs. MFUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DRUP

DRUP Risk / Return Rank: 14
DRUP Sharpe Ratio Rank: 15
DRUP Sortino Ratio Rank: 15
DRUP Omega Ratio Rank: 15
DRUP Calmar Ratio Rank: 13
DRUP Martin Ratio Rank: 13

MFUS

MFUS Risk / Return Rank: 82
MFUS Sharpe Ratio Rank: 80
MFUS Sortino Ratio Rank: 83
MFUS Omega Ratio Rank: 78
MFUS Calmar Ratio Rank: 83
MFUS Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DRUP vs. MFUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Nasdaq Select Disruptors ETF (DRUP) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). 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.

	DRUP	MFUS	Difference
Sharpe ratio Return per unit of total volatility	0.44	2.63	-2.19
Sortino ratio Return per unit of downside risk	0.72	3.77	-3.05
Omega ratio Gain probability vs. loss probability	1.09	1.47	-0.38
Calmar ratio Return relative to maximum drawdown	0.37	4.41	-4.04
Martin ratio Return relative to average drawdown	0.92	18.13	-17.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRUP vs. MFUS - Sharpe Ratio Comparison

The current DRUP Sharpe Ratio is 0.44, which is lower than the MFUS Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of DRUP and MFUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DRUP	MFUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	2.63	-2.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.86	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.79	-0.12

Drawdowns

DRUP vs. MFUS - Drawdown Comparison

The maximum DRUP drawdown since its inception was -31.29%, smaller than the maximum MFUS drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for DRUP and MFUS.

Drawdown Indicators

	DRUP	MFUS	Difference
Max Drawdown Largest peak-to-trough decline	-31.29%	-35.21%	+3.92%
Max Drawdown (1Y) Largest decline over 1 year	-23.21%	-6.39%	-16.82%
Max Drawdown (3Y) Largest decline over 3 years	-23.77%	-15.39%	-8.38%
Max Drawdown (5Y) Largest decline over 5 years	-31.29%	-18.22%	-13.07%
Current Drawdown Current decline from peak	-6.09%	0.00%	-6.09%
Average Drawdown Average peak-to-trough decline	-8.41%	-4.00%	-4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.25%	1.55%	+7.70%

Volatility

DRUP vs. MFUS - Volatility Comparison

GraniteShares Nasdaq Select Disruptors ETF (DRUP) has a higher volatility of 7.48% compared to PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) at 3.19%. This indicates that DRUP's price experiences larger fluctuations and is considered to be riskier than MFUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRUP	MFUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.48%	3.19%	+4.29%
Volatility (6M) Calculated over the trailing 6-month period	16.17%	8.22%	+7.95%
Volatility (1Y) Calculated over the trailing 1-year period	19.55%	10.72%	+8.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.78%	15.03%	+6.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.23%	17.35%	+5.88%

DRUP vs. MFUS - Expense Ratio Comparison

DRUP has a 0.60% expense ratio, which is higher than MFUS's 0.30% expense ratio.

Dividends

DRUP vs. MFUS - Dividend Comparison

DRUP has not paid dividends to shareholders, while MFUS's dividend yield for the trailing twelve months is around 1.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DRUP GraniteShares Nasdaq Select Disruptors ETF	0.00%	0.00%	0.00%	0.40%	0.51%	0.28%	0.53%	0.19%	0.00%	0.00%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	1.36%	1.54%	1.45%	1.96%	2.07%	1.35%	1.72%	1.89%	1.69%	1.01%

Frequently Asked Questions

Can I hold both DRUP and MFUS in my portfolio?

DRUP and MFUS have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRUP or MFUS?

DRUP has higher volatility (7.48%) compared to MFUS (3.19%). In terms of maximum drawdown, DRUP dropped -31.29% vs MFUS's -35.21%.

Which ETF is better, DRUP or MFUS?

On 5-year performance, MFUS leads with 12.82% vs 10.93% for DRUP. On fees, MFUS is cheaper at 0.30% per year. On volatility, MFUS has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRUP or MFUS?

Over the 5-year period, MFUS has performed better with a 12.82% return vs 10.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRUP or MFUS?

MFUS is cheaper with a 0.30% expense ratio, compared with 0.60% for DRUP.

Which ETF pays a higher dividend yield, DRUP or MFUS?

MFUS has the higher dividend yield at 1.36%, compared with 0.00% for DRUP.

What is the main difference between DRUP and MFUS?

DRUP tracks Nasdaq US Large Cap Select Disruptors Index - Benchmark TR Gross, while MFUS tracks RAFI Dynamic Multi-Factor U.S. Index​. They also come from different issuers: GraniteShares and PIMCO. Their fees differ too: 0.60% for DRUP and 0.30% for MFUS.

Which has better risk-adjusted returns?

MFUS currently has the higher Sharpe Ratio (2.63 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.