MSFU vs. MSFT

Last updated Jun 24, 2026

MSFU (Direxion Daily MSFT Bull 2X Shares) is Leveraged Equities fund tracking the Microsoft Corporation (150%), while MSFT (Microsoft Corporation) is a stock. Over the past 3 years, MSFU returned -9.21%/yr vs 4.54%/yr for MSFT. With a 0.99 correlation, they move nearly in lockstep.

Performance

MSFU vs. MSFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily MSFT Bull 2X Shares (MSFU) and Microsoft Corporation (MSFT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSFU achieves a -45.68% return, which is significantly lower than MSFT's -22.33% return.

MSFU

• 1D: 2.99%
• 1M: -22.25%
• YTD: -45.68%
• 6M: -46.49%
• 1Y: -49.63%
• 3Y*: -9.21%
• 5Y*: —
• 10Y*: —

MSFT

• 1D: 1.80%
• 1M: -10.66%
• YTD: -22.33%
• 6M: -22.85%
• 1Y: -22.44%
• 3Y*: 4.54%
• 5Y*: 7.88%
• 10Y*: 23.85%

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

MSFU vs. MSFT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MSFU Direxion Daily MSFT Bull 2X Shares	-45.68%	13.36%	5.80%	83.04%	-13.28%
MSFT Microsoft Corporation	-22.33%	15.58%	12.93%	58.19%	-5.04%

Correlation

The correlation between MSFU and MSFT is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022	0.99

The correlation between MSFU and MSFT has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

Return for Risk

MSFU vs. MSFT — Risk / Return Rank

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

MSFU

MSFU Risk / Return Rank: 2
MSFU Sharpe Ratio Rank: 1
MSFU Sortino Ratio Rank: 2
MSFU Omega Ratio Rank: 1
MSFU Calmar Ratio Rank: 2
MSFU Martin Ratio Rank: 1

MSFT

MSFT Risk / Return Rank: 12
MSFT Sharpe Ratio Rank: 8
MSFT Sortino Ratio Rank: 11
MSFT Omega Ratio Rank: 11
MSFT Calmar Ratio Rank: 17
MSFT Martin Ratio Rank: 11

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.

MSFU vs. MSFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSFT Bull 2X Shares (MSFU) and Microsoft Corporation (MSFT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MSFU	MSFT	Difference
Sharpe ratio: Return per unit of total volatility	-0.96	-0.87	-0.09
Sortino ratio: Return per unit of downside risk	-1.36	-1.10	-0.25
Omega ratio: Gain probability vs. loss probability	0.83	0.86	-0.03
Calmar ratio: Return relative to maximum drawdown	-0.83	-0.66	-0.17
Martin ratio: Return relative to average drawdown	-1.50	-1.32	-0.18

MSFU vs. MSFT - Sharpe Ratio Comparison

The current MSFU Sharpe Ratio is -0.96, which is comparable to the MSFT Sharpe Ratio of -0.87. The chart below compares the historical Sharpe Ratios of MSFU and MSFT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MSFU vs. MSFT - Drawdown Comparison

The maximum MSFU drawdown since its inception was -59.83%, smaller than the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for MSFU and MSFT.

Drawdown Indicators

	MSFU	MSFT	Difference
Max Drawdown Largest peak-to-trough decline	-59.83%	-69.38%	+9.55%
Max Drawdown (1Y) Largest decline over 1 year	-59.83%	-33.91%	-25.92%
Max Drawdown (3Y) Largest decline over 3 years	-59.83%	-33.91%	-25.92%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.15%	—
Current Drawdown Current decline from peak	-57.95%	-30.58%	-27.37%
Average Drawdown Average peak-to-trough decline	-16.98%	-21.79%	+4.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.19%	17.08%	+16.11%

Volatility

MSFU vs. MSFT - Volatility Comparison

Direxion Daily MSFT Bull 2X Shares (MSFU) has a higher volatility of 22.49% compared to Microsoft Corporation (MSFT) at 11.34%. This indicates that MSFU's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFU	MSFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.49%	11.34%	+11.15%
Volatility (6M) Calculated over the trailing 6-month period	46.49%	22.94%	+23.55%
Volatility (1Y) Calculated over the trailing 1-year period	51.94%	26.02%	+25.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.60%	26.79%	+19.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.60%	27.09%	+19.51%

Dividends

MSFU vs. MSFT - Dividend Comparison

MSFU's dividend yield for the trailing twelve months is around 14.56%, more than MSFT's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSFT Microsoft Corporation	0.95%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%
MSFU Direxion Daily MSFT Bull 2X Shares	14.56%	8.15%	7.00%	2.11%	0.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSFU and MSFT in my portfolio?

With a correlation of 1.00, MSFU and MSFT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MSFU or MSFT?

MSFU has higher volatility (22.49%) compared to MSFT (11.34%). In terms of maximum drawdown, MSFU dropped -59.83% vs MSFT's -69.38%.

Which has better risk-adjusted returns?

MSFT currently has the higher Sharpe Ratio (-0.87 vs -0.96), 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.