NBIZ vs MSFD

Comparison between Tradr 2X Short NBIS Daily ETF (NBIZ, ETF) and DIREXION DAILY MSFT BEAR 1X SHARES (MSFD, ETF).

NBIZ vs MSFD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBIZ(ETF)	MSFD(ETF)
Net Assets	$14M	$14M
Expense Ratio	N/A	1.02%
Max Drawdown	97.84%	64.30%
Sharpe Ratio	-2.55	0.67
5Y Beta	-6.74	-0.91

Net Assets

NBIZ

$14M

MSFD

$14M

Expense Ratio

NBIZ

N/A

MSFD

1.02%

Max Drawdown

NBIZ

97.84%

Winner

MSFD

64.30%

Sharpe Ratio

NBIZ

-2.55

Winner

MSFD

0.67

5Y Beta

Winner

NBIZ

-6.74

MSFD

-0.91

NBIZ vs MSFD - Historical Returns

Returns include dividend reinvestment.

Period	NBIZ	MSFD
1 month	-58.96%	+3.52%
3 months	-91.21%	+1.68%
6 months	N/A	+19.70%
1 year	N/A	+21.18%
Max(CAGR)	-99.97%	-11.13%

NBIZ

-58.96%

Winner

MSFD

+3.52%

NBIZ

-91.21%

Winner

MSFD

+1.68%

NBIZ

N/A

MSFD

+19.70%

NBIZ

N/A

MSFD

+21.18%

Max(CAGR)

NBIZ

-99.97%

Winner

MSFD

-11.13%

NBIZ vs MSFD - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	NBIZ	MSFD
2026	-95.92%	+18.04%
2025	N/A	-13.92%
2024	N/A	-9.11%
2023	N/A	-35.46%
2022	N/A	+3.88%

NBIZ vs MSFD Drawdown Comparison

The maximum drawdown for NBIZ was -97.84%, occurring on Jun 1, 2026. 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 NBIZ drawdown is -97.34%. The current MSFD drawdown is -45.58%.

Rank	NBIZ	MSFD
#1	-97.84% Feb 5, 2026 - Jun 1, 2026	-59.90% Nov 3, 2022 - Oct 29, 2025
#2	-18.86% Jan 26, 2026 - Jan 30, 2026	-10.40% Oct 11, 2022 - Nov 2, 2022
#3	-10.70% Jan 30, 2026 - Feb 4, 2026	-6.51% Sep 30, 2022 - Oct 10, 2022
#4	N/A	-3.15% Sep 8, 2022 - Sep 13, 2022
#5	N/A	-2.11% Sep 27, 2022 - Sep 30, 2022
#6	N/A	-0.51% Sep 21, 2022 - Sep 23, 2022