MSII vs. MVLL

Last updated Jun 4, 2026

MSII (REX MSTR Growth & Income ETF) and MVLL (GraniteShares 2x Long MRVL Daily ETF) are both Leveraged Equities funds. MSII is actively managed, while MVLL is passively managed. At a 0.27 correlation, their price movements are largely independent. MSII charges 0.99%/yr vs 1.50%/yr for MVLL.

Performance

MSII vs. MVLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX MSTR Growth & Income ETF (MSII) and GraniteShares 2x Long MRVL Daily ETF (MVLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSII achieves a -21.10% return, which is significantly lower than MVLL's 842.68% return.

MSII

• 1D: -8.30%
• 1M: -32.66%
• YTD: -21.10%
• 6M: -34.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MVLL

• 1D: 7.14%
• 1M: 201.84%
• YTD: 842.68%
• 6M: 558.01%
• 1Y: 1,215.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSII vs. MVLL - Yearly Performance Comparison

	2026 (YTD)	2025
MSII REX MSTR Growth & Income ETF	-21.10%	-60.25%
MVLL GraniteShares 2x Long MRVL Daily ETF	842.68%	24.79%

Correlation

The correlation between MSII and MVLL is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.27

Return for Risk

MSII vs. MVLL — Risk / Return Rank

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

MVLL

MVLL Risk / Return Rank: 96
MVLL Sharpe Ratio Rank: 99
MVLL Sortino Ratio Rank: 94
MVLL Omega Ratio Rank: 92
MVLL Calmar Ratio Rank: 99
MVLL Martin Ratio Rank: 97

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.

MSII vs. MVLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX MSTR Growth & Income ETF (MSII) and GraniteShares 2x Long MRVL Daily ETF (MVLL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MSII	MVLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	9.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.97	3.33	-4.30

Drawdowns

MSII vs. MVLL - Drawdown Comparison

The maximum MSII drawdown since its inception was -78.73%, which is greater than MVLL's maximum drawdown of -59.02%. Use the drawdown chart below to compare losses from any high point for MSII and MVLL.

Drawdown Indicators

	MSII	MVLL	Difference
Max Drawdown Largest peak-to-trough decline	-78.73%	-59.02%	-19.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-48.93%	—
Current Drawdown Current decline from peak	-74.38%	0.00%	-74.38%
Average Drawdown Average peak-to-trough decline	-46.16%	-22.42%	-23.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.46%	—

Volatility

Volatility by Period

	MSII	MVLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	60.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	96.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	71.20%	133.11%	-61.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.20%	139.63%	-68.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.20%	139.63%	-68.43%

MSII vs. MVLL - Expense Ratio Comparison

MSII has a 0.99% expense ratio, which is lower than MVLL's 1.50% expense ratio.

Dividends

MSII vs. MVLL - Dividend Comparison

MSII's dividend yield for the trailing twelve months is around 90.41%, while MVLL has not paid dividends to shareholders.

Position	TTM	2025
MSII REX MSTR Growth & Income ETF	90.41%	48.93%
MVLL GraniteShares 2x Long MRVL Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSII and MVLL in my portfolio?

MSII and MVLL have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSII or MVLL?

On fees, MSII is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSII or MVLL?

MSII is cheaper with a 0.99% expense ratio, compared with 1.50% for MVLL.

Which ETF pays a higher dividend yield, MSII or MVLL?

MSII has the higher dividend yield at 90.41%, compared with 0.00% for MVLL.

What is the main difference between MSII and MVLL?

They also come from different issuers: REX and GraniteShares. Their fees differ too: 0.99% for MSII and 1.50% for MVLL.