FBL vs. MSFL
Compare and contrast key facts about GraniteShares 2x Long META Daily ETF (FBL) and GraniteShares 2x Long MSFT Daily ETF (MSFL).
FBL and MSFL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBL is an actively managed fund by GraniteShares. It was launched on Dec 12, 2022. 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: FBL or MSFL.
Key characteristics
| FBL | MSFL | |
|---|---|---|
| Daily Std Dev | 71.47% | 40.02% |
| Max Drawdown | -35.25% | -29.48% |
| Current Drawdown | -6.71% | -20.87% |
Correlation
The correlation between FBL and MSFL is 0.60, 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
FBL vs. MSFL - Performance Comparison
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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FBL vs. MSFL - Expense Ratio Comparison
Both FBL and MSFL have an expense ratio of 1.15%.
Risk-Adjusted Performance
FBL vs. MSFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long META Daily ETF (FBL) 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
FBL vs. MSFL - Dividend Comparison
FBL's dividend yield for the trailing twelve months is around 24.30%, while MSFL has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
FBL GraniteShares 2x Long META Daily ETF | 24.30% | 51.58% |
MSFL GraniteShares 2x Long MSFT Daily ETF | 0.00% | 0.00% |
Drawdowns
FBL vs. MSFL - Drawdown Comparison
The maximum FBL drawdown since its inception was -35.25%, which is greater than MSFL's maximum drawdown of -29.48%. Use the drawdown chart below to compare losses from any high point for FBL and MSFL. For additional features, visit the drawdowns tool.
Volatility
FBL vs. MSFL - Volatility Comparison
GraniteShares 2x Long META Daily ETF (FBL) and GraniteShares 2x Long MSFT Daily ETF (MSFL) have volatilities of 16.02% and 16.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.