MSFY vs. GGLS
MSFY (Kurv Yield Premium Strategy Microsoft ETF) and GGLS (Direxion Daily GOOGL Bear 1X Shares) are both exchange-traded funds - MSFY is a Derivative Income fund actively managed by Kurv, while GGLS is a Inverse Equities fund tracking the Alphabet Inc. Class A (--100%). MSFY is actively managed, while GGLS is passively managed. Over the past year, MSFY returned -7.25% vs -55.43% for GGLS. At a correlation of -0.42, they often move in opposite directions. MSFY charges 1.00%/yr vs 1.09%/yr for GGLS.
Performance
MSFY vs. GGLS - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with MSFY having a -13.99% return and GGLS slightly lower at -14.40%.
MSFY
- 1D
- -3.43%
- 1M
- 4.37%
- YTD
- -13.99%
- 6M
- -12.67%
- 1Y
- -7.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GGLS
- 1D
- 0.70%
- 1M
- 6.67%
- YTD
- -14.40%
- 6M
- -12.57%
- 1Y
- -55.43%
- 3Y*
- -31.29%
- 5Y*
- —
- 10Y*
- —
MSFY vs. GGLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MSFY Kurv Yield Premium Strategy Microsoft ETF | -13.99% | 14.11% | 10.88% | 2.57% |
GGLS Direxion Daily GOOGL Bear 1X Shares | -14.40% | -42.64% | -26.50% | -6.25% |
Correlation
The correlation between MSFY and GGLS is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2023 | -0.42 |
Over the past year, the inverse relationship between MSFY and GGLS has weakened: their correlation has moved from -0.42 to -0.16, meaning they move in opposite directions less often than they have historically.
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Return for Risk
MSFY vs. GGLS — Risk / Return Rank
MSFY
GGLS
MSFY vs. GGLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Microsoft ETF (MSFY) and Direxion Daily GOOGL Bear 1X Shares (GGLS). 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.
| MSFY | GGLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.64 | ||
| Sortino ratioReturn per unit of downside risk | +2.87 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.63 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | -0.92 | +0.71 |
| Martin ratioReturn relative to average drawdown | -0.47 | -1.35 | +0.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MSFY | GGLS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | -1.91 | +1.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | -0.95 | +1.15 |
Drawdowns
MSFY vs. GGLS - Drawdown Comparison
The maximum MSFY drawdown since its inception was -34.21%, smaller than the maximum GGLS drawdown of -81.24%. Use the drawdown chart below to compare losses from any high point for MSFY and GGLS.
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Drawdown Indicators
| MSFY | GGLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.21% | -81.24% | +47.03% |
Max Drawdown (1Y)Largest decline over 1 year | -34.21% | -60.43% | +26.22% |
Max Drawdown (3Y)Largest decline over 3 years | — | -73.06% | — |
Current DrawdownCurrent decline from peak | -20.53% | -78.97% | +58.44% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -46.86% | +39.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.40% | 41.18% | -25.78% |
Volatility
MSFY vs. GGLS - Volatility Comparison
Kurv Yield Premium Strategy Microsoft ETF (MSFY) has a higher volatility of 10.84% compared to Direxion Daily GOOGL Bear 1X Shares (GGLS) at 8.19%. This indicates that MSFY's price experiences larger fluctuations and is considered to be riskier than GGLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSFY | GGLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.84% | 8.19% | +2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 25.02% | 21.23% | +3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.51% | 29.17% | -2.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.27% | 31.27% | -9.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.27% | 31.27% | -9.00% |
MSFY vs. GGLS - Expense Ratio Comparison
MSFY has a 1.00% expense ratio, which is lower than GGLS's 1.09% expense ratio.
Dividends
MSFY vs. GGLS - Dividend Comparison
MSFY's dividend yield for the trailing twelve months is around 24.31%, more than GGLS's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GGLS Direxion Daily GOOGL Bear 1X Shares | 4.93% | 4.87% | 4.31% | 5.80% | 0.20% |
MSFY Kurv Yield Premium Strategy Microsoft ETF | 24.31% | 18.56% | 14.35% | 1.94% | 0.00% |
Frequently Asked Questions
MSFY and GGLS have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFY has higher volatility (10.84%) compared to GGLS (8.19%). In terms of maximum drawdown, MSFY dropped -34.21% vs GGLS's -81.24%.
On 1-year performance, MSFY leads with -7.25% vs -55.43% for GGLS. On fees, MSFY is cheaper at 1.00% per year. On volatility, GGLS has been the lower-risk option at 8.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MSFY has performed better with a -7.25% return vs -55.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MSFY is cheaper with a 1.00% expense ratio, compared with 1.09% for GGLS.
MSFY has the higher dividend yield at 24.31%, compared with 4.93% for GGLS.
MSFY is categorized as Derivative Income, while GGLS is Inverse Equities. They also come from different issuers: Kurv and Direxion. Their fees differ too: 1.00% for MSFY and 1.09% for GGLS.
MSFY currently has the higher Sharpe Ratio (-0.27 vs -1.91), 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.
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