NFRX vs MSFL

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

NFRX vs MSFL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

NFRX

$116M

MSFL

$116M

Expense Ratio

NFRX

0.80%

MSFL

N/A

Max Drawdown

Winner

NFRX

7.26%

MSFL

59.39%

Sharpe Ratio

Winner

NFRX

1.04

MSFL

-0.50

5Y Beta

Winner

NFRX

0.31

MSFL

1.84

P/E Ratio

NFRX

24.53

MSFL

N/A

Forward P/E

NFRX

20.21

MSFL

N/A

PEG Ratio

NFRX

1.05

MSFL

N/A

5Y EPS CAGR

NFRX

13.09%

MSFL

N/A

Debt to Equity

NFRX

143.79%

MSFL

N/A

P/S Ratio

NFRX

3.74

MSFL

N/A

P/B Ratio

NFRX

3.04

MSFL

N/A

NFRX vs MSFL - Historical Returns

Returns include dividend reinvestment.

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

NFRX

-1.92%

Winner

MSFL

+1.05%

Winner

NFRX

-0.91%

MSFL

-1.48%

NFRX

N/A

MSFL

-31.63%

NFRX

N/A

MSFL

-30.20%

Max(CAGR)

Winner

NFRX

+19.01%

MSFL

-13.24%

NFRX vs MSFL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

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

NFRX vs MSFL Drawdown Comparison

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

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

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

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

Correlation

Correlation between NFRX and MSFL 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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