MSFU vs. QCOM

Last updated Jun 16, 2026

MSFU (Direxion Daily MSFT Bull 2X Shares) is Leveraged Equities fund tracking the Microsoft Corporation (150%), while QCOM (QUALCOMM Incorporated) is a stock. Over the past 3 years, MSFU returned -5.80%/yr vs 24.31%/yr for QCOM. At a 0.42 correlation, their price movements are largely independent.

Performance

MSFU vs. QCOM - Performance Comparison

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

Returns By Period

In the year-to-date period, MSFU achieves a -37.11% return, which is significantly lower than QCOM's 30.40% return.

MSFU

• 1D: 4.68%
• 1M: -11.32%
• YTD: -37.11%
• 6M: -35.10%
• 1Y: -39.10%
• 3Y*: -5.80%
• 5Y*: —
• 10Y*: —

QCOM

• 1D: 4.29%
• 1M: 9.99%
• YTD: 30.40%
• 6M: 24.43%
• 1Y: 45.72%
• 3Y*: 24.31%
• 5Y*: 12.76%
• 10Y*: 18.41%

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

MSFU vs. QCOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MSFU Direxion Daily MSFT Bull 2X Shares	-37.11%	13.36%	5.80%	83.04%	-13.28%
QCOM QUALCOMM Incorporated	30.40%	13.84%	8.31%	35.07%	-12.65%

Correlation

The correlation between MSFU and QCOM is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022	0.42

Over the past year, the correlation between MSFU and QCOM has dropped to 0.15 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

Return for Risk

MSFU vs. QCOM — Risk / Return Rank

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

MSFU

MSFU Risk / Return Rank: 3
MSFU Sharpe Ratio Rank: 3
MSFU Sortino Ratio Rank: 4
MSFU Omega Ratio Rank: 3
MSFU Calmar Ratio Rank: 4
MSFU Martin Ratio Rank: 3

QCOM

QCOM Risk / Return Rank: 70
QCOM Sharpe Ratio Rank: 72
QCOM Sortino Ratio Rank: 69
QCOM Omega Ratio Rank: 72
QCOM Calmar Ratio Rank: 69
QCOM Martin Ratio Rank: 68

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. QCOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MSFT Bull 2X Shares (MSFU) and QUALCOMM Incorporated (QCOM). 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	QCOM	Difference
Sharpe ratio: Return per unit of total volatility	-0.77	0.94	-1.72
Sortino ratio: Return per unit of downside risk	-0.93	1.58	-2.51
Omega ratio: Gain probability vs. loss probability	0.88	1.23	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.66	1.39	-2.04
Martin ratio: Return relative to average drawdown	-1.22	3.08	-4.29

MSFU vs. QCOM - Sharpe Ratio Comparison

The current MSFU Sharpe Ratio is -0.77, which is lower than the QCOM Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of MSFU and QCOM, 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. QCOM - Drawdown Comparison

The maximum MSFU drawdown since its inception was -59.83%, smaller than the maximum QCOM drawdown of -86.75%. Use the drawdown chart below to compare losses from any high point for MSFU and QCOM.

Drawdown Indicators

	MSFU	QCOM	Difference
Max Drawdown Largest peak-to-trough decline	-59.83%	-86.75%	+26.92%
Max Drawdown (1Y) Largest decline over 1 year	-59.83%	-33.13%	-26.70%
Max Drawdown (3Y) Largest decline over 3 years	-59.83%	-44.23%	-15.60%
Max Drawdown (5Y) Largest decline over 5 years	—	-44.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.29%	—
Current Drawdown Current decline from peak	-51.32%	-11.71%	-39.61%
Average Drawdown Average peak-to-trough decline	-16.78%	-32.87%	+16.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.21%	14.90%	+17.31%

Volatility

MSFU vs. QCOM - Volatility Comparison

The current volatility for Direxion Daily MSFT Bull 2X Shares (MSFU) is 21.34%, while QUALCOMM Incorporated (QCOM) has a volatility of 26.79%. This indicates that MSFU experiences smaller price fluctuations and is considered to be less risky than QCOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFU	QCOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.34%	26.79%	-5.45%
Volatility (6M) Calculated over the trailing 6-month period	45.46%	42.38%	+3.08%
Volatility (1Y) Calculated over the trailing 1-year period	51.01%	48.72%	+2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.39%	41.22%	+5.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.39%	39.31%	+7.08%

Dividends

MSFU vs. QCOM - Dividend Comparison

MSFU's dividend yield for the trailing twelve months is around 12.58%, more than QCOM's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSFU Direxion Daily MSFT Bull 2X Shares	12.58%	8.15%	7.00%	2.11%	0.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QCOM QUALCOMM Incorporated	1.63%	2.06%	2.18%	2.18%	2.67%	1.47%	1.69%	2.81%	4.27%	3.50%	3.17%	3.72%

Frequently Asked Questions

Can I hold both MSFU and QCOM in my portfolio?

MSFU and QCOM have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSFU or QCOM?

QCOM has higher volatility (26.79%) compared to MSFU (21.34%). In terms of maximum drawdown, MSFU dropped -59.83% vs QCOM's -86.75%.

Which has better risk-adjusted returns?

QCOM currently has the higher Sharpe Ratio (0.94 vs -0.77), 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.