MSFX vs. TQQQ
Compare and contrast key facts about T-Rex 2X Long Microsoft Daily Target ETF (MSFX) and ProShares UltraPro QQQ (TQQQ).
MSFX and TQQQ 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. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFX or TQQQ.
Key characteristics
| MSFX | TQQQ | |
|---|---|---|
| Daily Std Dev | 39.49% | 52.75% |
| Max Drawdown | -29.62% | -81.66% |
| Current Drawdown | -16.05% | -22.69% |
Correlation
The correlation between MSFX and TQQQ is 0.79, 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. TQQQ - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MSFX vs. TQQQ - Expense Ratio Comparison
MSFX has a 1.05% expense ratio, which is higher than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
MSFX vs. TQQQ - 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 ProShares UltraPro QQQ (TQQQ). 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. TQQQ - Dividend Comparison
MSFX has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.29%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
MSFX T-Rex 2X Long Microsoft Daily Target ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.29% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
MSFX vs. TQQQ - Drawdown Comparison
The maximum MSFX drawdown since its inception was -29.62%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for MSFX and TQQQ. For additional features, visit the drawdowns tool.
Volatility
MSFX vs. TQQQ - Volatility Comparison
The current volatility for T-Rex 2X Long Microsoft Daily Target ETF (MSFX) is 10.60%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 18.26%. This indicates that MSFX experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.