MSTU vs. FAS
Compare and contrast key facts about T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Direxion Daily Financial Bull 3X Shares (FAS).
MSTU and FAS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSTU is an actively managed fund by T-Rex. It was launched on Sep 18, 2024. FAS is a passively managed fund by Direxion that tracks the performance of the Russell 1000 Financial Services Index (300%). It was launched on Nov 6, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTU or FAS.
Correlation
The correlation between MSTU and FAS is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MSTU vs. FAS - Performance Comparison
Key characteristics
MSTU:
216.87%
FAS:
59.99%
MSTU:
-86.19%
FAS:
-94.81%
MSTU:
-69.54%
FAS:
-27.95%
Returns By Period
In the year-to-date period, MSTU achieves a 2.89% return, which is significantly higher than FAS's -11.43% return.
MSTU
2.89%
7.12%
9.08%
N/A
N/A
N/A
FAS
-11.43%
-18.29%
-4.27%
32.67%
41.07%
16.64%
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MSTU vs. FAS - Expense Ratio Comparison
MSTU has a 1.05% expense ratio, which is higher than FAS's 1.00% expense ratio.
Risk-Adjusted Performance
MSTU vs. FAS — Risk-Adjusted Performance Rank
MSTU
FAS
MSTU vs. FAS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Direxion Daily Financial Bull 3X Shares (FAS). 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
MSTU vs. FAS - Dividend Comparison
MSTU has not paid dividends to shareholders, while FAS's dividend yield for the trailing twelve months is around 0.92%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
MSTU T-Rex 2X Long MSTR Daily Target ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FAS Direxion Daily Financial Bull 3X Shares | 0.92% | 0.76% | 1.77% | 0.91% | 0.60% | 0.47% | 0.62% | 1.43% | 0.11% |
Drawdowns
MSTU vs. FAS - Drawdown Comparison
The maximum MSTU drawdown since its inception was -86.19%, smaller than the maximum FAS drawdown of -94.81%. Use the drawdown chart below to compare losses from any high point for MSTU and FAS. For additional features, visit the drawdowns tool.
Volatility
MSTU vs. FAS - Volatility Comparison
T-Rex 2X Long MSTR Daily Target ETF (MSTU) has a higher volatility of 70.95% compared to Direxion Daily Financial Bull 3X Shares (FAS) at 41.07%. This indicates that MSTU's price experiences larger fluctuations and is considered to be riskier than FAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.