FLYU vs. MSII

Last updated Jun 26, 2026

FLYU (MicroSectors Travel 3X Leveraged ETNs) and MSII (REX MSTR Growth & Income ETF) are both Leveraged Equities funds from REX. FLYU is passively managed, while MSII is actively managed. Over the past year, FLYU returned 11.04% vs -72.61% for MSII. At a 0.27 correlation, their price movements are largely independent. FLYU charges 0.95%/yr vs 0.99%/yr for MSII.

Performance

FLYU vs. MSII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Travel 3X Leveraged ETNs (FLYU) and REX MSTR Growth & Income ETF (MSII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLYU achieves a -6.83% return, which is significantly higher than MSII's -28.10% return.

FLYU

• 1D: -3.52%
• 1M: 22.36%
• YTD: -6.83%
• 6M: -11.90%
• 1Y: 11.04%
• 3Y*: 11.41%
• 5Y*: —
• 10Y*: —

MSII

• 1D: 0.00%
• 1M: -30.51%
• YTD: -28.10%
• 6M: -30.78%
• 1Y: -72.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLYU vs. MSII - Yearly Performance Comparison

	2026 (YTD)	2025
FLYU MicroSectors Travel 3X Leveraged ETNs	-6.83%	26.17%
MSII REX MSTR Growth & Income ETF	-28.10%	-61.03%

Correlation

The correlation between FLYU and MSII is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.27

Return for Risk

FLYU vs. MSII — Risk / Return Rank

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

FLYU

FLYU Risk / Return Rank: 13
FLYU Sharpe Ratio Rank: 11
FLYU Sortino Ratio Rank: 15
FLYU Omega Ratio Rank: 14
FLYU Calmar Ratio Rank: 11
FLYU Martin Ratio Rank: 11

MSII

MSII Risk / Return Rank: 1
MSII Sharpe Ratio Rank: 2
MSII Sortino Ratio Rank: 1
MSII Omega Ratio Rank: 1
MSII Calmar Ratio Rank: 1
MSII Martin Ratio Rank: 3

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.

FLYU vs. MSII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Travel 3X Leveraged ETNs (FLYU) and REX MSTR Growth & Income ETF (MSII). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLYU	MSII	Difference
Sharpe ratio: Return per unit of total volatility	0.15	-1.01	+1.16
Sortino ratio: Return per unit of downside risk	0.78	-1.90	+2.68
Omega ratio: Gain probability vs. loss probability	1.09	0.78	+0.31
Calmar ratio: Return relative to maximum drawdown	0.21	-0.92	+1.14
Martin ratio: Return relative to average drawdown	0.44	-1.30	+1.74

FLYU vs. MSII - Sharpe Ratio Comparison

The current FLYU Sharpe Ratio is 0.15, which is higher than the MSII Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of FLYU and MSII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FLYU vs. MSII - Drawdown Comparison

The maximum FLYU drawdown since its inception was -69.00%, smaller than the maximum MSII drawdown of -78.73%. Use the drawdown chart below to compare losses from any high point for FLYU and MSII.

Drawdown Indicators

	FLYU	MSII	Difference
Max Drawdown Largest peak-to-trough decline	-69.00%	-78.73%	+9.73%
Max Drawdown (1Y) Largest decline over 1 year	-52.33%	-78.73%	+26.40%
Max Drawdown (3Y) Largest decline over 3 years	-69.00%	—	—
Current Drawdown Current decline from peak	-26.09%	-76.65%	+50.56%
Average Drawdown Average peak-to-trough decline	-26.54%	-47.71%	+21.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.32%	55.76%	-30.44%

Volatility

FLYU vs. MSII - Volatility Comparison

MicroSectors Travel 3X Leveraged ETNs (FLYU) has a higher volatility of 24.88% compared to REX MSTR Growth & Income ETF (MSII) at 21.20%. This indicates that FLYU's price experiences larger fluctuations and is considered to be riskier than MSII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLYU	MSII	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.88%	21.20%	+3.68%
Volatility (6M) Calculated over the trailing 6-month period	60.48%	56.58%	+3.90%
Volatility (1Y) Calculated over the trailing 1-year period	74.84%	71.78%	+3.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.28%	70.36%	+12.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.28%	70.36%	+12.92%

FLYU vs. MSII - Expense Ratio Comparison

FLYU has a 0.95% expense ratio, which is lower than MSII's 0.99% expense ratio.

Dividends

FLYU vs. MSII - Dividend Comparison

FLYU has not paid dividends to shareholders, while MSII's dividend yield for the trailing twelve months is around 85.81%.

Position	TTM	2025
FLYU MicroSectors Travel 3X Leveraged ETNs	0.00%	0.00%
MSII REX MSTR Growth & Income ETF	85.81%	48.93%

Frequently Asked Questions

Can I hold both FLYU and MSII in my portfolio?

FLYU and MSII have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLYU or MSII?

FLYU has higher volatility (24.88%) compared to MSII (21.20%). In terms of maximum drawdown, FLYU dropped -69.00% vs MSII's -78.73%.

Which ETF is better, FLYU or MSII?

On 1-year performance, FLYU leads with 11.04% vs -72.61% for MSII. On fees, FLYU is cheaper at 0.95% per year. On volatility, MSII has been the lower-risk option at 21.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLYU or MSII?

Over the 1-year period, FLYU has performed better with a 11.04% return vs -72.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLYU or MSII?

FLYU is cheaper with a 0.95% expense ratio, compared with 0.99% for MSII.

Which ETF pays a higher dividend yield, FLYU or MSII?

MSII has the higher dividend yield at 85.81%, compared with 0.00% for FLYU.

What is the main difference between FLYU and MSII?

Their fees differ too: 0.95% for FLYU and 0.99% for MSII.

Which has better risk-adjusted returns?

FLYU currently has the higher Sharpe Ratio (0.15 vs -1.01), 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.