MSFL vs. AAPU
Compare and contrast key facts about GraniteShares 2x Long MSFT Daily ETF (MSFL) and Direxion Daily AAPL Bull 2X Shares (AAPU).
MSFL and AAPU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSFL is an actively managed fund by GraniteShares. It was launched on Mar 15, 2024. AAPU is a passively managed fund by Direxion that tracks the performance of the Apple Inc. (150%). It was launched on Aug 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFL or AAPU.
Key characteristics
| MSFL | AAPU | |
|---|---|---|
| Daily Std Dev | 38.91% | 40.39% |
| Max Drawdown | -29.48% | -41.79% |
| Current Drawdown | -15.39% | -16.82% |
Correlation
The correlation between MSFL and AAPU is 0.37, 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.
Performance
MSFL vs. AAPU - 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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MSFL vs. AAPU - Expense Ratio Comparison
MSFL has a 1.15% expense ratio, which is higher than AAPU's 1.04% expense ratio.
Risk-Adjusted Performance
MSFL vs. AAPU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long MSFT Daily ETF (MSFL) and Direxion Daily AAPL Bull 2X Shares (AAPU). 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
MSFL vs. AAPU - Dividend Comparison
MSFL has not paid dividends to shareholders, while AAPU's dividend yield for the trailing twelve months is around 2.10%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MSFL GraniteShares 2x Long MSFT Daily ETF | 0.00% | 0.00% | 0.00% |
AAPU Direxion Daily AAPL Bull 2X Shares | 1.66% | 2.32% | 0.79% |
Drawdowns
MSFL vs. AAPU - Drawdown Comparison
The maximum MSFL drawdown since its inception was -29.48%, smaller than the maximum AAPU drawdown of -41.79%. Use the drawdown chart below to compare losses from any high point for MSFL and AAPU. For additional features, visit the drawdowns tool.
Volatility
MSFL vs. AAPU - Volatility Comparison
GraniteShares 2x Long MSFT Daily ETF (MSFL) and Direxion Daily AAPL Bull 2X Shares (AAPU) have volatilities of 10.21% and 9.82%, 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.