MSFD vs. OILD
Compare and contrast key facts about Direxion Daily MSFT Bear 1X Shares (MSFD) and MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD).
MSFD and OILD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSFD is a passively managed fund by Direxion that tracks the performance of the Microsoft Corporation (-100%). It was launched on Sep 6, 2022. OILD is a passively managed fund by REX that tracks the performance of the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%). It was launched on Nov 8, 2021. Both MSFD and OILD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
MSFD vs. OILD - Performance Comparison
Loading graphics...
MSFD vs. OILD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MSFD Direxion Daily MSFT Bear 1X Shares | 28.73% | -13.36% | -7.86% | -35.90% | 3.88% |
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs | -63.64% | -41.67% | -14.58% | -19.58% | -40.05% |
Returns By Period
In the year-to-date period, MSFD achieves a 28.73% return, which is significantly higher than OILD's -63.64% return.
MSFD
- 1D
- -3.15%
- 1M
- 6.11%
- YTD
- 28.73%
- 6M
- 38.42%
- 1Y
- -0.32%
- 3Y*
- -7.18%
- 5Y*
- —
- 10Y*
- —
OILD
- 1D
- 3.60%
- 1M
- -28.44%
- YTD
- -63.64%
- 6M
- -65.88%
- 1Y
- -71.02%
- 3Y*
- -48.29%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MSFD vs. OILD - Expense Ratio Comparison
MSFD has a 1.06% expense ratio, which is higher than OILD's 0.95% expense ratio.
Return for Risk
MSFD vs. OILD — Risk / Return Rank
MSFD
OILD
MSFD vs. OILD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSFT Bear 1X Shares (MSFD) and MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD). 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.
| MSFD | OILD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.01 | -0.94 | +0.92 |
Sortino ratioReturn per unit of downside risk | 0.17 | -1.85 | +2.02 |
Omega ratioGain probability vs. loss probability | 1.02 | 0.80 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 0.02 | -0.85 | +0.87 |
Martin ratioReturn relative to average drawdown | 0.03 | -1.37 | +1.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MSFD | OILD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | -0.94 | +0.92 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | -0.78 | +0.39 |
Correlation
The correlation between MSFD and OILD is 0.08, 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.
Dividends
MSFD vs. OILD - Dividend Comparison
MSFD's dividend yield for the trailing twelve months is around 2.43%, while OILD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MSFD Direxion Daily MSFT Bear 1X Shares | 2.43% | 3.33% | 4.46% | 4.43% | 0.74% |
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MSFD vs. OILD - Drawdown Comparison
The maximum MSFD drawdown since its inception was -59.90%, smaller than the maximum OILD drawdown of -98.90%. Use the drawdown chart below to compare losses from any high point for MSFD and OILD.
Loading graphics...
Drawdown Indicators
| MSFD | OILD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.90% | -98.90% | +39.00% |
Max Drawdown (1Y)Largest decline over 1 year | -34.84% | -84.54% | +49.70% |
Current DrawdownCurrent decline from peak | -41.94% | -98.82% | +56.88% |
Average DrawdownAverage peak-to-trough decline | -41.28% | -88.24% | +46.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.22% | 52.46% | -27.24% |
Volatility
MSFD vs. OILD - Volatility Comparison
The current volatility for Direxion Daily MSFT Bear 1X Shares (MSFD) is 6.60%, while MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) has a volatility of 15.87%. This indicates that MSFD experiences smaller price fluctuations and is considered to be less risky than OILD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MSFD | OILD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 15.87% | -9.27% |
Volatility (6M)Calculated over the trailing 6-month period | 18.84% | 42.00% | -23.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.78% | 76.09% | -49.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.77% | 79.40% | -53.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.77% | 79.40% | -53.63% |