MSFL vs. PTIR

Last updated Jun 6, 2026

MSFL (GraniteShares 2x Long MSFT Daily ETF) and PTIR (GraniteShares 2x Long PLTR Daily ETF) are both Leveraged Equities funds from GraniteShares. Both are actively managed. Over the past year, MSFL returned -30.20% vs -11.45% for PTIR. At a 0.46 correlation, their price movements are largely independent. Both charge a 1.15% expense ratio.

Performance

MSFL vs. PTIR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long MSFT Daily ETF (MSFL) and GraniteShares 2x Long PLTR Daily ETF (PTIR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSFL achieves a -31.37% return, which is significantly higher than PTIR's -51.18% return.

MSFL

• 1D: -5.47%
• 1M: -0.00%
• YTD: -31.37%
• 6M: -31.63%
• 1Y: -30.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PTIR

• 1D: -8.42%
• 1M: -0.68%
• YTD: -51.18%
• 6M: -54.13%
• 1Y: -11.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSFL vs. PTIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MSFL GraniteShares 2x Long MSFT Daily ETF	-31.37%	16.99%	2.06%
PTIR GraniteShares 2x Long PLTR Daily ETF	-51.18%	221.36%	425.36%

Correlation

The correlation between MSFL and PTIR is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024	0.46

MSFL vs. PTIR - Sectors Allocation Comparison

Sectors	MSFL	PTIR
Technology	66.6%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

MSFL vs. PTIR — Risk / Return Rank

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

MSFL

MSFL Risk / Return Rank: 4
MSFL Sharpe Ratio Rank: 4
MSFL Sortino Ratio Rank: 5
MSFL Omega Ratio Rank: 4
MSFL Calmar Ratio Rank: 5
MSFL Martin Ratio Rank: 5

PTIR

PTIR Risk / Return Rank: 10
PTIR Sharpe Ratio Rank: 8
PTIR Sortino Ratio Rank: 14
PTIR Omega Ratio Rank: 14
PTIR Calmar Ratio Rank: 7
PTIR Martin Ratio Rank: 8

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.

MSFL vs. PTIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long MSFT Daily ETF (MSFL) and GraniteShares 2x Long PLTR Daily ETF (PTIR). 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.

	MSFL	PTIR	Difference
Sharpe ratio: Return per unit of total volatility	-0.60	-0.11	-0.49
Sortino ratio: Return per unit of downside risk	-0.60	0.55	-1.15
Omega ratio: Gain probability vs. loss probability	0.92	1.07	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.51	-0.17	-0.34
Martin ratio: Return relative to average drawdown	-0.98	-0.29	-0.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSFL vs. PTIR - Sharpe Ratio Comparison

The current MSFL Sharpe Ratio is -0.60, which is lower than the PTIR Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of MSFL and PTIR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MSFL	PTIR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.60	-0.11	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	-0.27	1.82	-2.09

Drawdowns

MSFL vs. PTIR - Drawdown Comparison

The maximum MSFL drawdown since its inception was -59.39%, smaller than the maximum PTIR drawdown of -69.10%. Use the drawdown chart below to compare losses from any high point for MSFL and PTIR.

Drawdown Indicators

	MSFL	PTIR	Difference
Max Drawdown Largest peak-to-trough decline	-59.39%	-69.10%	+9.71%
Max Drawdown (1Y) Largest decline over 1 year	-59.39%	-68.11%	+8.72%
Current Drawdown Current decline from peak	-46.52%	-66.35%	+19.83%
Average Drawdown Average peak-to-trough decline	-21.67%	-27.64%	+5.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.87%	39.95%	-9.08%

Volatility

MSFL vs. PTIR - Volatility Comparison

The current volatility for GraniteShares 2x Long MSFT Daily ETF (MSFL) is 20.61%, while GraniteShares 2x Long PLTR Daily ETF (PTIR) has a volatility of 34.45%. This indicates that MSFL experiences smaller price fluctuations and is considered to be less risky than PTIR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFL	PTIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.61%	34.45%	-13.84%
Volatility (6M) Calculated over the trailing 6-month period	45.27%	77.24%	-31.97%
Volatility (1Y) Calculated over the trailing 1-year period	50.47%	103.33%	-52.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.65%	129.48%	-79.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.65%	129.48%	-79.83%

MSFL vs. PTIR - Expense Ratio Comparison

Both MSFL and PTIR have an expense ratio of 1.15%.

Dividends

MSFL vs. PTIR - Dividend Comparison

MSFL has not paid dividends to shareholders, while PTIR's dividend yield for the trailing twelve months is around 11.90%.

Position	TTM	2025
MSFL GraniteShares 2x Long MSFT Daily ETF	0.00%	0.00%
PTIR GraniteShares 2x Long PLTR Daily ETF	11.90%	5.81%

Frequently Asked Questions

Can I hold both MSFL and PTIR in my portfolio?

MSFL and PTIR have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSFL or PTIR?

PTIR has higher volatility (34.45%) compared to MSFL (20.61%). In terms of maximum drawdown, MSFL dropped -59.39% vs PTIR's -69.10%.

Which ETF is better, MSFL or PTIR?

On 1-year performance, PTIR leads with -11.45% vs -30.20% for MSFL. Both ETFs have the same 1.15% expense ratio. On volatility, MSFL has been the lower-risk option at 20.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSFL or PTIR?

Over the 1-year period, PTIR has performed better with a -11.45% return vs -30.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSFL or PTIR?

MSFL and PTIR have the same expense ratio: 1.15% per year.

Which ETF pays a higher dividend yield, MSFL or PTIR?

PTIR has the higher dividend yield at 11.90%, compared with 0.00% for MSFL.

Which has better risk-adjusted returns?

PTIR currently has the higher Sharpe Ratio (-0.11 vs -0.60), 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.