MSFL vs. MSFU
Compare and contrast key facts about GraniteShares 2x Long MSFT Daily ETF (MSFL) and Direxion Daily MSFT Bull 2X Shares (MSFU).
MSFL and MSFU 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. MSFU is a passively managed fund by Direxion that tracks the performance of the Microsoft Corporation (150%). It was launched on Sep 6, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFL or MSFU.
Correlation
The correlation between MSFL and MSFU is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MSFL vs. MSFU - Performance Comparison
Key characteristics
MSFL:
-0.64
MSFU:
-0.66
MSFL:
-0.72
MSFU:
-0.76
MSFL:
0.91
MSFU:
0.90
MSFL:
-0.66
MSFU:
-0.67
MSFL:
-1.39
MSFU:
-1.41
MSFL:
22.53%
MSFU:
22.93%
MSFL:
48.92%
MSFU:
48.60%
MSFL:
-47.70%
MSFU:
-48.11%
MSFL:
-44.46%
MSFU:
-45.29%
Returns By Period
The year-to-date returns for both stocks are quite close, with MSFL having a -27.58% return and MSFU slightly lower at -28.29%.
MSFL
-27.58%
-12.07%
-28.11%
-27.80%
N/A
N/A
MSFU
-28.29%
-12.32%
-29.00%
-28.69%
N/A
N/A
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MSFL vs. MSFU - Expense Ratio Comparison
MSFL has a 1.15% expense ratio, which is higher than MSFU's 1.04% expense ratio.
Risk-Adjusted Performance
MSFL vs. MSFU — Risk-Adjusted Performance Rank
MSFL
MSFU
MSFL vs. MSFU - 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 MSFT Bull 2X Shares (MSFU). 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.
Dividends
MSFL vs. MSFU - Dividend Comparison
MSFL has not paid dividends to shareholders, while MSFU's dividend yield for the trailing twelve months is around 9.62%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
MSFL GraniteShares 2x Long MSFT Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% |
MSFU Direxion Daily MSFT Bull 2X Shares | 9.62% | 7.00% | 2.11% | 0.54% |
Drawdowns
MSFL vs. MSFU - Drawdown Comparison
The maximum MSFL drawdown since its inception was -47.70%, roughly equal to the maximum MSFU drawdown of -48.11%. Use the drawdown chart below to compare losses from any high point for MSFL and MSFU. For additional features, visit the drawdowns tool.
Volatility
MSFL vs. MSFU - Volatility Comparison
GraniteShares 2x Long MSFT Daily ETF (MSFL) and Direxion Daily MSFT Bull 2X Shares (MSFU) have volatilities of 24.76% and 24.35%, 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.