MSFL vs QQQ
GraniteShares 2x Long MSFT Daily ETF vs Invesco QQQ Trust, Series 1
Which is better, MSFL or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MSFL | QQQ |
|---|---|---|
| Expense Ratio | 1.15% | 0.18%Best |
| AUM | $74M | $486.1B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 2 | 107 |
| YTD Return | -2.92% | +17.54%Best |
| 1Y Return | -18.38% | +25.59%Best |
| 3Y Return (annualized) | - | +24.63% |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 60.6% | 17.6%Best |
| Max Drawdown | -62.1% | -22.8%Best |
| $10,000 over 2.5 years | $9,866 | $16,758Best |
| Fund Family | GraniteShares | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 4, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 18, 2024 to Sep 4, 2026 (2.5 years).
MSFL vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
MSFL vs QQQ Performance
GraniteShares 2x Long MSFT Daily ETF (MSFL) is an ETF from GraniteShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MSFL returned -18.38% while QQQ returned +25.59%. Year to date, MSFL is down 2.92% versus a gain of 17.54% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSFL has been the more volatile fund, with annualized monthly volatility of 60.6% compared with 17.6% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -62.1% for MSFL and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MSFL charges 1.15% per year while QQQ charges 0.18%. On a $10,000 position that is $115 vs $18 annually, a gap of $97 per year that compounds over a long holding period. On income, MSFL currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
At least 5.8% of QQQ's money is in holdings MSFL also owns.
Stated as a floor: for MSFL, our book for it covers 66.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and MSFL share little of their money.
1 positions in common, counted across the 1 positions we hold weights for in MSFL and 102 in QQQ, against full books of 2 and 107.
Top Shared Holdings
| Stock | Weight in MSFL | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 66.64% | 5.76% | 60.88% |
You are not choosing between two funds in isolation.
Whichever of MSFL and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MSFL or QQQ?
MSFL has an expense ratio of 1.15% while QQQ charges 0.18%. QQQ is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, MSFL or QQQ?
Over the past year MSFL returned -18.38% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MSFL or QQQ?
MSFL has been the more volatile fund at 60.6% annualized versus 17.6% for QQQ. Worst drawdown: MSFL -62.1% vs QQQ -22.8%.
Should I hold both MSFL and QQQ?
MSFL and QQQ have a monthly-return correlation of 0.46, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between MSFL and QQQ?
At least 5.8% of QQQ's money is in holdings MSFL also owns. Our book for MSFL is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 1 positions we hold weights for in MSFL and 102 in QQQ.
Which pays a higher dividend, MSFL or QQQ?
MSFL yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than MSFL?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.