MSFL vs ITAN

Comparison between GRANITESHARES 2X LONG MSFT DAILY ETF (MSFL, ETF) and SPARKLINE INTANGIBLE VALUE ETF (ITAN, ETF).

MSFL vs ITAN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSFL(ETF)	ITAN(ETF)
Net Assets	$111M	$111M
Expense Ratio	N/A	0.50%
Max Drawdown	62.08%	30.62%
Sharpe Ratio	-0.11	1.80
5Y Beta	1.85	0.96
P/E Ratio	N/A	23.79
Forward P/E	N/A	15.15
PEG Ratio	N/A	0.09
5Y EPS CAGR	N/A	10.10%
Debt to Equity	N/A	5.02%
P/S Ratio	N/A	1.14
P/B Ratio	N/A	2.78

Net Assets

Winner

MSFL

$111M

ITAN

$111M

Expense Ratio

MSFL

N/A

ITAN

0.50%

Max Drawdown

MSFL

62.08%

Winner

ITAN

30.62%

Sharpe Ratio

MSFL

-0.11

Winner

ITAN

1.80

5Y Beta

MSFL

1.85

Winner

ITAN

0.96

P/E Ratio

MSFL

N/A

ITAN

23.79

Forward P/E

MSFL

N/A

ITAN

15.15

PEG Ratio

MSFL

N/A

ITAN

0.09

5Y EPS CAGR

MSFL

N/A

ITAN

10.10%

Debt to Equity

MSFL

N/A

ITAN

5.02%

P/S Ratio

MSFL

N/A

ITAN

1.14

P/B Ratio

MSFL

N/A

ITAN

2.78

MSFL vs ITAN - Historical Returns

Returns include dividend reinvestment.

Period	MSFL	ITAN
1 month	+60.79%	+7.93%
3 months	+30.29%	+7.82%
6 months	+35.60%	+20.12%
1 year	-19.76%	+34.44%
5 years(CAGR)	N/A	+12.59%
Max(CAGR)	-1.69%	+12.98%

Winner

MSFL

+60.79%

ITAN

+7.93%

Winner

MSFL

+30.29%

ITAN

+7.82%

Winner

MSFL

+35.60%

ITAN

+20.12%

MSFL

-19.76%

Winner

ITAN

+34.44%

5Y(CAGR)

MSFL

N/A

ITAN

+12.59%

Max(CAGR)

MSFL

-1.69%

Winner

ITAN

+12.98%

MSFL vs ITAN - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	MSFL	ITAN
2026	-5.62%	+20.80%
2025	+18.42%	+20.60%
2024	-9.07%	+18.57%
2023	N/A	+33.93%
2022	N/A	-24.78%
2021	N/A	+6.97%

MSFL vs ITAN Drawdown Comparison

The maximum drawdown for MSFL was -62.08%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The maximum drawdown for ITAN was -30.41%, occurring on Oct 12, 2022. Recovery took 525 trading sessions.

The current MSFL drawdown is -29.72%. The current ITAN drawdown is -0.74%.

Rank	MSFL	ITAN
#1	-62.08% Oct 29, 2025 - Jun 25, 2026	-30.41% Nov 16, 2021 - Dec 19, 2023
#2	-47.70% Jul 5, 2024 - Jul 9, 2025	-20.47% Feb 19, 2025 - Jul 3, 2025
#3	-19.16% Mar 21, 2024 - Jun 12, 2024	-9.03% Jan 12, 2026 - Apr 17, 2026
#4	-15.03% Aug 4, 2025 - Oct 28, 2025	-8.48% Jul 16, 2024 - Aug 30, 2024
#5	-3.53% Jul 31, 2025 - Aug 4, 2025	-6.02% Mar 28, 2024 - Jul 15, 2024
#6	-3.07% Jul 17, 2025 - Jul 25, 2025	-5.72% Nov 12, 2025 - Nov 28, 2025
#7	-2.37% Jun 27, 2024 - Jul 1, 2024	-5.68% Aug 30, 2021 - Nov 1, 2021
#8	-1.47% Jun 17, 2024 - Jun 21, 2024	-4.95% Dec 6, 2024 - Jan 23, 2025
#9	-1.24% Jun 21, 2024 - Jun 25, 2024	-4.91% Jul 23, 2025 - Aug 22, 2025
#10	-0.84% Jul 9, 2025 - Jul 15, 2025	-4.60% Jun 1, 2026 - Aug 3, 2026
#11	-0.53% Jul 25, 2025 - Jul 30, 2025	-4.33% Aug 30, 2024 - Sep 16, 2024
#12	-0.33% Jun 12, 2024 - Jun 14, 2024	-3.87% Oct 6, 2025 - Oct 21, 2025
#13	-0.06% Jul 15, 2025 - Jul 17, 2025	-3.63% Jul 12, 2021 - Jul 23, 2021
#14	N/A	-2.94% Dec 28, 2023 - Jan 23, 2024
#15	N/A	-2.92% Nov 11, 2024 - Nov 25, 2024