MSFL vs. MSFX
Compare and contrast key facts about GraniteShares 2x Long MSFT Daily ETF (MSFL) and T-Rex 2X Long Microsoft Daily Target ETF (MSFX).
MSFL and MSFX 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. MSFX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFL or MSFX.
Correlation
The correlation between MSFL and MSFX 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. MSFX - Performance Comparison
Key characteristics
MSFL:
41.98%
MSFX:
42.86%
MSFL:
-29.48%
MSFX:
-30.86%
MSFL:
-29.22%
MSFX:
-30.83%
Returns By Period
In the year-to-date period, MSFL achieves a -7.70% return, which is significantly higher than MSFX's -8.39% return.
MSFL
-7.70%
-17.15%
-9.34%
N/A
N/A
N/A
MSFX
-8.39%
-17.41%
-11.37%
-15.61%
N/A
N/A
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MSFL vs. MSFX - Expense Ratio Comparison
MSFL has a 1.15% expense ratio, which is higher than MSFX's 1.05% expense ratio.
Risk-Adjusted Performance
MSFL vs. MSFX — Risk-Adjusted Performance Rank
MSFL
MSFX
MSFL vs. MSFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long MSFT Daily ETF (MSFL) and T-Rex 2X Long Microsoft Daily Target ETF (MSFX). 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. MSFX - Dividend Comparison
Neither MSFL nor MSFX has paid dividends to shareholders.
Drawdowns
MSFL vs. MSFX - Drawdown Comparison
The maximum MSFL drawdown since its inception was -29.48%, roughly equal to the maximum MSFX drawdown of -30.86%. Use the drawdown chart below to compare losses from any high point for MSFL and MSFX. For additional features, visit the drawdowns tool.
Volatility
MSFL vs. MSFX - Volatility Comparison
GraniteShares 2x Long MSFT Daily ETF (MSFL) and T-Rex 2X Long Microsoft Daily Target ETF (MSFX) have volatilities of 16.56% and 16.66%, 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.