FAS vs MSOX
Direxion Daily Financial Bull 3X ETF vs AdvisorShares MSOS Daily Leveraged ETF
Which is better, FAS or MSOX?
FAS has been ahead.
FAS has a lower expense ratio. FAS led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FAS | MSOX |
|---|---|---|
| Expense Ratio | 0.89%Best | 0.97% |
| AUM | $2.1B | $44M |
| Dividend Yield | 10.41% | 0.00% |
| Holdings | 176 | 15 |
| YTD Return | -11.11%Best | -57.95% |
| 1Y Return | -4.59%Best | -77.48% |
| 3Y Return (annualized) | +40.50%Best | -71.96% |
| 5Y Return (annualized) | +5.72% | - |
| Volatility (annualized) | 52.3%Best | 161.3% |
| Max Drawdown | -45.2% | - |
| $10,000 over 4.1 years | $21,378Best | $35 |
| Fund Family | Direxion Shares ETF Trust | AdvisorShares Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Nov 6, 2008 | Aug 23, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 24, 2022 to Oct 14, 2026 (4.1 years).
FAS vs MSOX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.1 years both funds cover.
FAS vs MSOX Performance
Direxion Daily Financial Bull 3X ETF (FAS) is an ETF from Direxion Shares ETF Trust and AdvisorShares MSOS Daily Leveraged ETF (MSOX) is an ETF from AdvisorShares Trust. Over the past year FAS returned -4.59% while MSOX returned -77.48%. Year to date, FAS is down 11.11% versus a loss of 57.95% for MSOX.
Over three years, FAS compounded at +40.50% per year against -71.96% for MSOX. Across the full 4-year window we track, FAS has the edge at +20.36% annualized vs -74.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSOX has been the more volatile fund, with annualized monthly volatility of 161.3% compared with 52.3% for FAS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.21. They move largely independently of each other.
Fees and Cost Over Time
FAS charges 0.89% per year while MSOX charges 0.97%. On a $10,000 position that is $89 vs $97 annually, a gap of $8 per year that compounds over a long holding period. On income, FAS currently yields 10.41% against 0.00% for MSOX.
Holdings Overlap
We hold position weights for 79 holdings in FAS and 2 in MSOX, totalling 100.8% and 67.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 79 positions we hold weights for in FAS and 2 in MSOX, against full books of 176 and 15.
You are not choosing between two funds in isolation.
Whichever of FAS and MSOX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FAS or MSOX?
FAS has an expense ratio of 0.89% while MSOX charges 0.97%. FAS is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, FAS or MSOX?
Over the past year FAS returned -4.59% vs -77.48% for MSOX, so FAS leads on 1-year performance. Over the longest common window we track (4 years), FAS annualized +20.36% vs -74.74% for MSOX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FAS or MSOX?
MSOX has been the more volatile fund at 161.3% annualized versus 52.3% for FAS.
Should I hold both FAS and MSOX?
FAS and MSOX have a monthly-return correlation of 0.21, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FAS or MSOX?
FAS yields 10.41% while MSOX yields 0.00%, so FAS currently pays the higher dividend yield.
Is MSOX better than FAS?
FAS has a lower expense ratio. FAS led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.