MSFX vs. MSFL
Compare and contrast key facts about T-Rex 2X Long Microsoft Daily Target ETF (MSFX) and GraniteShares 2x Long MSFT Daily ETF (MSFL).
MSFX and MSFL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSFX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024. 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: MSFX or MSFL.
Correlation
The correlation between MSFX 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
MSFX vs. MSFL - Performance Comparison
Key characteristics
MSFX:
42.67%
MSFL:
41.96%
MSFX:
-30.86%
MSFL:
-29.48%
MSFX:
-30.54%
MSFL:
-28.92%
Returns By Period
In the year-to-date period, MSFX achieves a -8.01% return, which is significantly lower than MSFL's -7.31% return.
MSFX
-8.01%
-10.34%
-14.53%
-12.39%
N/A
N/A
MSFL
-7.31%
-10.21%
-12.86%
N/A
N/A
N/A
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MSFX vs. MSFL - Expense Ratio Comparison
MSFX has a 1.05% expense ratio, which is lower than MSFL's 1.15% expense ratio.
Risk-Adjusted Performance
MSFX vs. MSFL — Risk-Adjusted Performance Rank
MSFX
MSFL
MSFX vs. MSFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Microsoft Daily Target ETF (MSFX) 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
MSFX vs. MSFL - Dividend Comparison
Neither MSFX nor MSFL has paid dividends to shareholders.
Drawdowns
MSFX vs. MSFL - Drawdown Comparison
The maximum MSFX drawdown since its inception was -30.86%, roughly equal to the maximum MSFL drawdown of -29.48%. Use the drawdown chart below to compare losses from any high point for MSFX and MSFL. For additional features, visit the drawdowns tool.
Volatility
MSFX vs. MSFL - Volatility Comparison
T-Rex 2X Long Microsoft Daily Target ETF (MSFX) and GraniteShares 2x Long MSFT Daily ETF (MSFL) have volatilities of 18.40% and 18.24%, 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.