DUKQ vs. MSDD

Last updated Jun 5, 2026

DUKQ (Ocean Park Domestic ETF) and MSDD (GraniteShares 2x Short MSTR Daily ETF) are both exchange-traded funds - DUKQ is a Large Cap Blend Equities fund actively managed by Ocean Park, while MSDD is a Inverse Equities fund actively managed by GraniteShares. Both are actively managed. At a correlation of -0.47, they often move in opposite directions. DUKQ charges 0.98%/yr vs 1.50%/yr for MSDD.

Performance

DUKQ vs. MSDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park Domestic ETF (DUKQ) and GraniteShares 2x Short MSTR Daily ETF (MSDD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUKQ achieves a 13.22% return, which is significantly higher than MSDD's -49.24% return.

DUKQ

• 1D: 0.29%
• 1M: 5.34%
• YTD: 13.22%
• 6M: 12.99%
• 1Y: 27.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSDD

• 1D: -3.94%
• 1M: 84.54%
• YTD: -49.24%
• 6M: -28.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DUKQ vs. MSDD - Yearly Performance Comparison

	2026 (YTD)	2025
DUKQ Ocean Park Domestic ETF	13.22%	10.98%
MSDD GraniteShares 2x Short MSTR Daily ETF	-49.24%	271.43%

Correlation

The correlation between DUKQ and MSDD is -0.47, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025	-0.47

DUKQ vs. MSDD - Sectors Allocation Comparison

Sectors	DUKQ	MSDD
Technology	30.1%	200.1%
Industrials	11.5%	-
Consumer Cyclical	10.5%	-
Financial Services	10.3%	-
Healthcare	8.6%	-
Communication Services	8.0%	-
Consumer Defensive	5.9%	-
Energy	4.9%	-
Utilities	4.1%	-
Real Estate	3.3%	-
Basic Materials	2.9%	-

Return for Risk

DUKQ vs. MSDD — Risk / Return Rank

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

DUKQ

DUKQ Risk / Return Rank: 70
DUKQ Sharpe Ratio Rank: 67
DUKQ Sortino Ratio Rank: 66
DUKQ Omega Ratio Rank: 66
DUKQ Calmar Ratio Rank: 71
DUKQ Martin Ratio Rank: 77

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.

DUKQ vs. MSDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park Domestic ETF (DUKQ) and GraniteShares 2x Short MSTR Daily ETF (MSDD). 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.

	DUKQ	MSDD	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	3.01	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	3.47	—	—
Martin ratio: Return relative to average drawdown	14.61	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DUKQ	MSDD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.64	+0.23

Drawdowns

DUKQ vs. MSDD - Drawdown Comparison

The maximum DUKQ drawdown since its inception was -18.44%, smaller than the maximum MSDD drawdown of -84.91%. Use the drawdown chart below to compare losses from any high point for DUKQ and MSDD.

Drawdown Indicators

	DUKQ	MSDD	Difference
Max Drawdown Largest peak-to-trough decline	-18.44%	-84.91%	+66.47%
Max Drawdown (1Y) Largest decline over 1 year	-7.84%	—	—
Current Drawdown Current decline from peak	-0.19%	-68.95%	+68.76%
Average Drawdown Average peak-to-trough decline	-3.90%	-29.58%	+25.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	—	—

Volatility

Volatility by Period

	DUKQ	MSDD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.43%	141.35%	-128.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.77%	141.35%	-126.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.77%	141.35%	-126.58%

DUKQ vs. MSDD - Expense Ratio Comparison

DUKQ has a 0.98% expense ratio, which is lower than MSDD's 1.50% expense ratio.

Dividends

DUKQ vs. MSDD - Dividend Comparison

DUKQ's dividend yield for the trailing twelve months is around 0.66%, while MSDD has not paid dividends to shareholders.

Position	TTM	2025	2024
DUKQ Ocean Park Domestic ETF	0.66%	0.68%	0.28%
MSDD GraniteShares 2x Short MSTR Daily ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DUKQ and MSDD in my portfolio?

DUKQ and MSDD have a correlation of -0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DUKQ or MSDD?

On fees, DUKQ is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DUKQ or MSDD?

DUKQ is cheaper with a 0.98% expense ratio, compared with 1.50% for MSDD.

Which ETF pays a higher dividend yield, DUKQ or MSDD?

DUKQ has the higher dividend yield at 0.66%, compared with 0.00% for MSDD.

What is the main difference between DUKQ and MSDD?

DUKQ is categorized as Large Cap Blend Equities, while MSDD is Inverse Equities. They also come from different issuers: Ocean Park and GraniteShares. Their fees differ too: 0.98% for DUKQ and 1.50% for MSDD.