MSFX vs. MSFU
Compare and contrast key facts about T-Rex 2X Long Microsoft Daily Target ETF (MSFX) and Direxion Daily MSFT Bull 2X Shares (MSFU).
MSFX and MSFU 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. MSFU is a passively managed fund by Direxion that tracks the performance of the Microsoft Corporation (150%). It was launched on Sep 6, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFX or MSFU.
Correlation
The correlation between MSFX and MSFU 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. MSFU - Performance Comparison
Key characteristics
MSFX:
-0.28
MSFU:
-0.29
MSFX:
-0.11
MSFU:
-0.12
MSFX:
0.99
MSFU:
0.98
MSFX:
-0.39
MSFU:
-0.39
MSFX:
-0.68
MSFU:
-0.68
MSFX:
17.94%
MSFU:
17.43%
MSFX:
42.86%
MSFU:
41.33%
MSFX:
-30.86%
MSFU:
-30.04%
MSFX:
-30.83%
MSFU:
-29.96%
Returns By Period
The year-to-date returns for both investments are quite close, with MSFX having a -8.39% return and MSFU slightly higher at -8.21%.
MSFX
-8.39%
-17.41%
-11.37%
-15.61%
N/A
N/A
MSFU
-8.21%
-17.34%
-10.21%
-14.48%
N/A
N/A
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MSFX vs. MSFU - Expense Ratio Comparison
MSFX has a 1.05% expense ratio, which is higher than MSFU's 1.04% expense ratio.
Risk-Adjusted Performance
MSFX vs. MSFU — Risk-Adjusted Performance Rank
MSFX
MSFU
MSFX vs. MSFU - 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 Direxion Daily MSFT Bull 2X Shares (MSFU). 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
MSFX vs. MSFU - Dividend Comparison
MSFX has not paid dividends to shareholders, while MSFU's dividend yield for the trailing twelve months is around 7.62%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
MSFX T-Rex 2X Long Microsoft Daily Target ETF | 0.00% | 0.00% | 0.00% | 0.00% |
MSFU Direxion Daily MSFT Bull 2X Shares | 7.62% | 7.00% | 2.11% | 0.54% |
Drawdowns
MSFX vs. MSFU - Drawdown Comparison
The maximum MSFX drawdown since its inception was -30.86%, roughly equal to the maximum MSFU drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for MSFX and MSFU. For additional features, visit the drawdowns tool.
Volatility
MSFX vs. MSFU - Volatility Comparison
T-Rex 2X Long Microsoft Daily Target ETF (MSFX) and Direxion Daily MSFT Bull 2X Shares (MSFU) have volatilities of 16.66% and 16.51%, 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.