MSFL vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricMSFLVOOWinner
Expense Ratio1.15%0.03%
AUM$124M$979.0B
Dividend Yield0.00%1.09%
Holdings2509
YTD Return-2.08%+13.80%
1Y Return-22.06%+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)61.3%14.1%
Max Drawdown-62.1%-34.3%
Fund FamilyGraniteSharesVanguard (US)
CategoryEquityEquity
InceptionMar 4, 2024Sep 7, 2010

MSFL vs VOO Performance

GraniteShares 2x Long MSFT Daily ETF (MSFL) is a ETF from GraniteShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MSFL returned -22.06% while VOO returned +23.71%. Year to date, MSFL is down 2.08% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

MSFL has been the more volatile fund, with annualized monthly volatility of 61.3% compared with 14.1% for VOO. 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MSFL charges 1.15% per year while VOO charges 0.03%. On a $10,000 position that is $115 vs $3 annually, a gap of $112 per year that compounds over a long holding period. On income, MSFL currently yields 0.00% against 1.09% for VOO.

Holdings Overlap

4.3%overlap

MSFL and VOO share 1 holdings out of 505 unique holdings combined, representing a 4.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MSFLWeight in VOODifference
MSFT66.65%4.30%62.35%

Frequently Asked Questions

Which is cheaper, MSFL or VOO?

MSFL has an expense ratio of 1.15% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $112 per year of difference.

Which performed better, MSFL or VOO?

Over the past year MSFL returned -22.06% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), MSFL annualized -0.19% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, MSFL or VOO?

MSFL has been the more volatile fund at 61.3% annualized versus 14.1% for VOO. Worst drawdown: MSFL -62.1% vs VOO -34.3%.

Should I hold both MSFL and VOO?

MSFL and VOO have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MSFL and VOO?

MSFL and VOO share 1 common holdings with a 4.3% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, MSFL or VOO?

MSFL yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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