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 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MSTU vs. FAS - Performance Comparison
Key characteristics
MSTU:
224.13%
FAS:
43.18%
MSTU:
-70.40%
FAS:
-94.81%
MSTU:
-48.86%
FAS:
-7.90%
Returns By Period
In the year-to-date period, MSTU achieves a 72.76% return, which is significantly higher than FAS's 10.88% return.
MSTU
72.76%
10.90%
N/A
N/A
N/A
N/A
FAS
10.88%
15.42%
48.10%
101.33%
11.98%
20.64%
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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 0.68%.
| 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 | 0.68% | 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 -70.40%, 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 66.67% compared to Direxion Daily Financial Bull 3X Shares (FAS) at 17.17%. 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.