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MSFU vs ERY

Direxion Daily MSFT Bull 2X Shares vs Direxion Daily Energy Bear 2X Shares

MSFU

Direxion Daily MSFT Bull 2X Shares

Direxion Funds

Annual cost

0.98%

Fund size

$816M

ERY

Direxion Daily Energy Bear 2X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$40M

Key differences

  • MSFU is significantly larger than ERY — larger funds tend to be more liquid and less likely to close.
  • MSFU follows a leveraged strategy; ERY uses inverse.
  • Over the last 3 years, MSFU has delivered higher annualized returns.
  • ERY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MSFUERY
Annual cost (TER)0.98%0.99%
Fund size (AUM)$816M$40M
Since20222008
Dividend yield11.88%3.84%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y-26.0%-55.7%
CAGR 3Y+1.7%-29.2%
CAGR 5YN/A-38.9%
Sharpe 3Y0.18-0.68
Volatility 1Y47.41%40.28%
Max drawdown-59.83%-99.66%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to MSFU and ERY