MSFU vs. MSFW

Last updated Jun 24, 2026

MSFU (Direxion Daily MSFT Bull 2X Shares) and MSFW (Roundhill MSFT WeeklyPay™ ETF) are both exchange-traded funds - MSFU is a Leveraged Equities fund tracking the Microsoft Corporation (150%), while MSFW is a Derivative Income fund actively managed by Roundhill. MSFU is passively managed, while MSFW is actively managed. With a 0.99 correlation, they move nearly in lockstep. MSFU charges 1.04%/yr vs 0.99%/yr for MSFW.

Performance

MSFU vs. MSFW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily MSFT Bull 2X Shares (MSFU) and Roundhill MSFT WeeklyPay™ ETF (MSFW). 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 MSFW's -27.29% return.

MSFU

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

MSFW

• 1D: 2.55%
• 1M: -12.61%
• YTD: -27.29%
• 6M: -27.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSFU vs. MSFW - Yearly Performance Comparison

	2026 (YTD)	2025
MSFU Direxion Daily MSFT Bull 2X Shares	-45.68%	-13.90%
MSFW Roundhill MSFT WeeklyPay™ ETF	-27.29%	-7.80%

Correlation

The correlation between MSFU and MSFW is 0.99 - 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 (All Time) Calculated using the full available price history since Jul 24, 2025	0.99

MSFU vs. MSFW - Sectors Allocation Comparison

Sectors	MSFU	MSFW
Technology	100.0%	35.1%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

MSFU vs. MSFW — 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

MSFW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. MSFW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSFT Bull 2X Shares (MSFU) and Roundhill MSFT WeeklyPay™ ETF (MSFW). 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	MSFW	Difference
Sharpe ratio: Return per unit of total volatility	-0.96	—	—
Sortino ratio: Return per unit of downside risk	-1.36	—	—
Omega ratio: Gain probability vs. loss probability	0.83	—	—
Calmar ratio: Return relative to maximum drawdown	-0.83	—	—
Martin ratio: Return relative to average drawdown	-1.50	—	—

Drawdowns

MSFU vs. MSFW - Drawdown Comparison

The maximum MSFU drawdown since its inception was -59.83%, which is greater than MSFW's maximum drawdown of -40.42%. Use the drawdown chart below to compare losses from any high point for MSFU and MSFW.

Drawdown Indicators

	MSFU	MSFW	Difference
Max Drawdown Largest peak-to-trough decline	-59.83%	-40.42%	-19.41%
Max Drawdown (1Y) Largest decline over 1 year	-59.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-59.83%	—	—
Current Drawdown Current decline from peak	-57.95%	-37.13%	-20.82%
Average Drawdown Average peak-to-trough decline	-16.98%	-18.26%	+1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.19%	—	—

Volatility

Volatility by Period

	MSFU	MSFW	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	51.94%	32.71%	+19.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.60%	32.71%	+13.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.60%	32.71%	+13.89%

MSFU vs. MSFW - Expense Ratio Comparison

MSFU has a 1.04% expense ratio, which is higher than MSFW's 0.99% expense ratio.

Dividends

MSFU vs. MSFW - Dividend Comparison

MSFU's dividend yield for the trailing twelve months is around 14.56%, less than MSFW's 48.66% yield.

Position	TTM	2025	2024	2023	2022
MSFU Direxion Daily MSFT Bull 2X Shares	14.56%	8.15%	7.00%	2.11%	0.54%
MSFW Roundhill MSFT WeeklyPay™ ETF	48.66%	20.25%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSFU and MSFW in my portfolio?

With a correlation of 0.99, MSFU and MSFW 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 ETF is better, MSFU or MSFW?

On fees, MSFW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSFU or MSFW?

MSFW is cheaper with a 0.99% expense ratio, compared with 1.04% for MSFU.

Which ETF pays a higher dividend yield, MSFU or MSFW?

MSFW has the higher dividend yield at 48.66%, compared with 14.56% for MSFU.

What is the main difference between MSFU and MSFW?

MSFU is categorized as Leveraged Equities, while MSFW is Derivative Income. They also come from different issuers: Direxion and Roundhill. Their fees differ too: 1.04% for MSFU and 0.99% for MSFW.