MSFU vs. MSFX
Compare and contrast key facts about Direxion Daily MSFT Bull 2X Shares (MSFU) and T-Rex 2X Long Microsoft Daily Target ETF (MSFX).
MSFU and MSFX 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. 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: MSFU or MSFX.
Correlation
The correlation between MSFU 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
MSFU vs. MSFX - Performance Comparison
Key characteristics
MSFU:
-0.29
MSFX:
-0.28
MSFU:
-0.12
MSFX:
-0.11
MSFU:
0.98
MSFX:
0.99
MSFU:
-0.39
MSFX:
-0.39
MSFU:
-0.68
MSFX:
-0.68
MSFU:
17.43%
MSFX:
17.94%
MSFU:
41.33%
MSFX:
42.86%
MSFU:
-30.04%
MSFX:
-30.86%
MSFU:
-29.96%
MSFX:
-30.83%
Returns By Period
The year-to-date returns for both stocks are quite close, with MSFU having a -8.21% return and MSFX slightly lower at -8.39%.
MSFU
-8.21%
-17.41%
-10.21%
-14.10%
N/A
N/A
MSFX
-8.39%
-17.41%
-11.37%
-15.61%
N/A
N/A
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MSFU vs. MSFX - Expense Ratio Comparison
MSFU has a 1.04% expense ratio, which is lower than MSFX's 1.05% expense ratio.
Risk-Adjusted Performance
MSFU vs. MSFX — Risk-Adjusted Performance Rank
MSFU
MSFX
MSFU vs. MSFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSFT Bull 2X Shares (MSFU) 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.
Dividends
MSFU vs. MSFX - Dividend Comparison
MSFU's dividend yield for the trailing twelve months is around 7.62%, while MSFX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
MSFU Direxion Daily MSFT Bull 2X Shares | 7.62% | 7.00% | 2.11% | 0.54% |
MSFX T-Rex 2X Long Microsoft Daily Target ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MSFU vs. MSFX - Drawdown Comparison
The maximum MSFU drawdown since its inception was -30.04%, roughly equal to the maximum MSFX drawdown of -30.86%. Use the drawdown chart below to compare losses from any high point for MSFU and MSFX. For additional features, visit the drawdowns tool.
Volatility
MSFU vs. MSFX - Volatility Comparison
Direxion Daily MSFT Bull 2X Shares (MSFU) and T-Rex 2X Long Microsoft Daily Target ETF (MSFX) have volatilities of 16.51% 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.