MSFL vs NFRX

Comparison between GRANITESHARES 2X LONG MSFT DAILY ETF (MSFL, ETF) and Harrison Street Infrastructure Active ETF (NFRX, ETF).

MSFL vs NFRX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSFL(ETF)	NFRX(ETF)
Net Assets	$116M	$116M
Expense Ratio	N/A	0.80%
Max Drawdown	59.39%	7.26%
Sharpe Ratio	-0.50	1.04
5Y Beta	1.84	0.31
P/E Ratio	N/A	24.53
Forward P/E	N/A	20.21
PEG Ratio	N/A	1.05
5Y EPS CAGR	N/A	13.09%
Debt to Equity	N/A	143.79%
P/S Ratio	N/A	3.74
P/B Ratio	N/A	3.04

Net Assets

MSFL

$116M

NFRX

$116M

Expense Ratio

MSFL

N/A

NFRX

0.80%

Max Drawdown

MSFL

59.39%

Winner

NFRX

7.26%

Sharpe Ratio

MSFL

-0.50

Winner

NFRX

1.04

5Y Beta

MSFL

1.84

Winner

NFRX

0.31

P/E Ratio

MSFL

N/A

NFRX

24.53

Forward P/E

MSFL

N/A

NFRX

20.21

PEG Ratio

MSFL

N/A

NFRX

1.05

5Y EPS CAGR

MSFL

N/A

NFRX

13.09%

Debt to Equity

MSFL

N/A

NFRX

143.79%

P/S Ratio

MSFL

N/A

NFRX

3.74

P/B Ratio

MSFL

N/A

NFRX

3.04

MSFL vs NFRX - Historical Returns

Returns include dividend reinvestment.

Period	MSFL	NFRX
1 month	+1.05%	-1.92%
3 months	-1.48%	-0.91%
6 months	-31.63%	N/A
1 year	-30.20%	N/A
Max(CAGR)	-13.24%	+19.01%

Winner

MSFL

+1.05%

NFRX

-1.92%

MSFL

-1.48%

Winner

NFRX

-0.91%

MSFL

-31.63%

NFRX

N/A

MSFL

-30.20%

NFRX

N/A

Max(CAGR)

MSFL

-13.24%

Winner

NFRX

+19.01%

MSFL vs NFRX - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	MSFL	NFRX
2026	-28.18%	+6.19%
2025	+18.42%	N/A
2024	-9.07%	N/A

MSFL vs NFRX Drawdown Comparison

The maximum drawdown for MSFL was -59.39%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for NFRX was -7.26%, occurring on Mar 20, 2026. This drawdown has not yet recovered.

The current MSFL drawdown is -46.52%. The current NFRX drawdown is -3.62%.

Rank	MSFL	NFRX
#1	-59.39% Oct 29, 2025 - Mar 27, 2026	-7.26% Feb 27, 2026 - Mar 20, 2026
#2	-47.70% Jul 5, 2024 - Jul 9, 2025	-0.76% Feb 17, 2026 - Feb 20, 2026
#3	-19.16% Mar 21, 2024 - Jun 12, 2024	-0.61% Jan 30, 2026 - Feb 3, 2026
#4	-15.03% Aug 4, 2025 - Oct 28, 2025	-0.18% Feb 25, 2026 - Feb 27, 2026
#5	-3.53% Jul 31, 2025 - Aug 4, 2025	N/A
#6	-3.07% Jul 17, 2025 - Jul 25, 2025	N/A
#7	-2.37% Jun 27, 2024 - Jul 1, 2024	N/A
#8	-1.47% Jun 17, 2024 - Jun 21, 2024	N/A
#9	-1.24% Jun 21, 2024 - Jun 25, 2024	N/A
#10	-0.84% Jul 9, 2025 - Jul 15, 2025	N/A
#11	-0.53% Jul 25, 2025 - Jul 30, 2025	N/A
#12	-0.33% Jun 12, 2024 - Jun 14, 2024	N/A
#13	-0.06% Jul 15, 2025 - Jul 17, 2025	N/A

Correlation

Correlation between MSFL and NFRX is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

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