FDFF vs MSFD

Comparison between FIDELITY DISRUPTIVE FINANCE ETF (FDFF, ETF) and DIREXION DAILY MSFT BEAR 1X SHARES (MSFD, ETF).

FDFF vs MSFD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDFF(ETF)	MSFD(ETF)
Net Assets	$42M	$42M
Expense Ratio	0.50%	1.02%
Max Drawdown	23.68%	64.30%
Sharpe Ratio	-0.90	0.37
5Y Beta	1.00	-0.92
P/E Ratio	180.16	N/A
Forward P/E	13.94	N/A
Debt to Equity	61.68%	N/A
P/S Ratio	3.29	N/A
P/B Ratio	2.98	N/A

Net Assets

FDFF

$42M

MSFD

$42M

Expense Ratio

Winner

FDFF

0.50%

MSFD

1.02%

Max Drawdown

Winner

FDFF

23.68%

MSFD

64.30%

Sharpe Ratio

FDFF

-0.90

Winner

MSFD

0.37

5Y Beta

FDFF

1.00

Winner

MSFD

-0.92

P/E Ratio

FDFF

180.16

MSFD

N/A

Forward P/E

FDFF

13.94

MSFD

N/A

Debt to Equity

FDFF

61.68%

MSFD

N/A

P/S Ratio

FDFF

3.29

MSFD

N/A

P/B Ratio

FDFF

2.98

MSFD

N/A

FDFF vs MSFD - Historical Returns

Returns include dividend reinvestment.

Period	FDFF	MSFD
1 month	-4.71%	-2.00%
3 months	-1.74%	-2.46%
6 months	-7.83%	+13.28%
1 year	-13.79%	+10.89%
Max(CAGR)	+9.26%	-12.70%

FDFF

-4.71%

Winner

MSFD

-2.00%

Winner

FDFF

-1.74%

MSFD

-2.46%

FDFF

-7.83%

Winner

MSFD

+13.28%

FDFF

-13.79%

Winner

MSFD

+10.89%

Max(CAGR)

Winner

FDFF

+9.26%

MSFD

-12.70%

FDFF vs MSFD - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	FDFF	MSFD
2026	-10.17%	+10.68%
2025	-2.68%	-13.92%
2024	+30.15%	-9.11%
2023	+15.99%	-35.46%
2022	N/A	+3.88%

FDFF vs MSFD Drawdown Comparison

The maximum drawdown for FDFF was -23.06%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for MSFD was -59.90%, occurring on Oct 29, 2025. This drawdown has not yet recovered.

The current FDFF drawdown is -18.00%. The current MSFD drawdown is -48.97%.

Rank	FDFF	MSFD
#1	-23.06% Jan 30, 2025 - Apr 8, 2025	-59.90% Nov 3, 2022 - Oct 29, 2025
#2	-13.47% Jul 26, 2023 - Dec 1, 2023	-10.40% Oct 11, 2022 - Nov 2, 2022
#3	-10.41% Mar 21, 2024 - Aug 23, 2024	-6.51% Sep 30, 2022 - Oct 10, 2022
#4	-8.75% Dec 6, 2024 - Jan 30, 2025	-3.15% Sep 8, 2022 - Sep 13, 2022
#5	-3.88% Dec 28, 2023 - Feb 9, 2024	-2.11% Sep 27, 2022 - Sep 30, 2022
#6	-3.71% Aug 30, 2024 - Sep 19, 2024	-0.51% Sep 21, 2022 - Sep 23, 2022
#7	-3.00% Jun 15, 2023 - Jul 11, 2023	N/A
#8	-3.00% Oct 18, 2024 - Nov 6, 2024	N/A
#9	-2.69% Nov 11, 2024 - Nov 22, 2024	N/A
#10	-2.57% Mar 13, 2024 - Mar 21, 2024	N/A
#11	-2.24% Feb 12, 2024 - Feb 15, 2024	N/A
#12	-1.87% Dec 19, 2023 - Dec 22, 2023	N/A
#13	-1.55% Feb 15, 2024 - Feb 22, 2024	N/A
#14	-1.53% Sep 19, 2024 - Oct 4, 2024	N/A
#15	-1.27% Mar 4, 2024 - Mar 7, 2024	N/A