MSFD vs FDFF

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

MSFD vs FDFF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

MSFD

$42M

FDFF

$42M

Expense Ratio

MSFD

1.02%

Winner

FDFF

0.50%

Max Drawdown

MSFD

64.30%

Winner

FDFF

23.68%

Sharpe Ratio

Winner

MSFD

0.37

FDFF

-0.90

5Y Beta

Winner

MSFD

-0.92

FDFF

1.00

P/E Ratio

MSFD

N/A

FDFF

180.16

Forward P/E

MSFD

N/A

FDFF

13.94

Debt to Equity

MSFD

N/A

FDFF

61.68%

P/S Ratio

MSFD

N/A

FDFF

3.29

P/B Ratio

MSFD

N/A

FDFF

2.98

MSFD vs FDFF - Historical Returns

Returns include dividend reinvestment.

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

Winner

MSFD

-2.00%

FDFF

-4.71%

MSFD

-2.46%

Winner

FDFF

-1.74%

Winner

MSFD

+13.28%

FDFF

-7.83%

Winner

MSFD

+10.89%

FDFF

-13.79%

Max(CAGR)

MSFD

-12.70%

Winner

FDFF

+9.26%

MSFD vs FDFF - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

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

MSFD vs FDFF Drawdown Comparison

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

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

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

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