MSFU vs. MSFL
Compare and contrast key facts about Direxion Daily MSFT Bull 2X Shares (MSFU) and GraniteShares 2x Long MSFT Daily ETF (MSFL).
MSFU and MSFL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSFU is a passively managed fund by Direxion that tracks the performance of the Microsoft Corporation (150%). It was launched on Sep 6, 2022. MSFL is an actively managed fund by GraniteShares. It was launched on Mar 15, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFU or MSFL.
Key characteristics
| MSFU | MSFL | |
|---|---|---|
| Daily Std Dev | 34.76% | 38.86% |
| Max Drawdown | -29.51% | -29.48% |
| Current Drawdown | -17.24% | -17.08% |
Correlation
The correlation between MSFU and MSFL 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
MSFU vs. MSFL - 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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MSFU vs. MSFL - Expense Ratio Comparison
MSFU has a 1.04% expense ratio, which is lower than MSFL's 1.15% expense ratio.
Risk-Adjusted Performance
MSFU vs. MSFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSFT Bull 2X Shares (MSFU) and GraniteShares 2x Long MSFT Daily ETF (MSFL). 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
MSFU vs. MSFL - Dividend Comparison
MSFU's dividend yield for the trailing twelve months is around 2.18%, while MSFL has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MSFU Direxion Daily MSFT Bull 2X Shares | 2.18% | 2.11% | 0.54% |
MSFL GraniteShares 2x Long MSFT Daily ETF | 0.00% | 0.00% | 0.00% |
Drawdowns
MSFU vs. MSFL - Drawdown Comparison
The maximum MSFU drawdown since its inception was -29.51%, roughly equal to the maximum MSFL drawdown of -29.48%. Use the drawdown chart below to compare losses from any high point for MSFU and MSFL. For additional features, visit the drawdowns tool.
Volatility
MSFU vs. MSFL - Volatility Comparison
Direxion Daily MSFT Bull 2X Shares (MSFU) and GraniteShares 2x Long MSFT Daily ETF (MSFL) have volatilities of 10.52% and 10.42%, 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.