MSTZ vs NFXL
T-Rex 2X Inverse MSTR Daily Target ETF vs Direxion Daily NFLX Bull 2X ETF
Which is better, MSTZ or NFXL?
Opposite sides of the same exposure.
MSTZ led over 1Y, NFXL over the full window. The two move opposite each other, correlation -0.51, so holding both offsets the exposure while paying both fees.
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 | MSTZ | NFXL |
|---|---|---|
| Expense Ratio | 1.05%Tie | 1.05%Tie |
| AUM | $90M | $142M |
| Dividend Yield | 0.00% | 12.68% |
| Holdings | 9 | 20 |
| YTD Return | -81.14% | -50.01%Best |
| 1Y Return | -47.19%Best | -73.79% |
| Volatility (annualized) | 184.1% | 72.3%Best |
| Max Drawdown | - | -81.4% |
| $10,000 over 2 years | $108 | $6,268Best |
| Fund Family | REX Shares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Leverage Strategy | Leverage Strategy |
| Inception | Sep 18, 2024 | Oct 3, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Oct 14, 2026 (2 years).
MSTZ vs NFXL 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 2 years both funds cover.
MSTZ vs NFXL Performance
T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) is an ETF from REX Shares and Direxion Daily NFLX Bull 2X ETF (NFXL) is an ETF from Direxion Shares ETF Trust. Over the past year MSTZ returned -47.19% while NFXL returned -73.79%. Year to date, MSTZ is down 81.14% versus a loss of 50.01% for NFXL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSTZ has been the more volatile fund, with annualized monthly volatility of 184.1% compared with 72.3% for NFXL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.51. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
MSTZ charges 1.05% per year while NFXL charges 1.05%. On a $10,000 position that is $105 vs $105 annually. On income, MSTZ currently yields 0.00% against 12.68% for NFXL.
You are not choosing between two funds in isolation.
Whichever of MSTZ and NFXL 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, MSTZ or NFXL?
MSTZ has an expense ratio of 1.05% while NFXL charges 1.05%. At the precision these are quoted to, they cost the same.
Which performed better, MSTZ or NFXL?
Over the past year MSTZ returned -47.19% vs -73.79% for NFXL, so MSTZ leads on 1-year performance. Over the longest common window we track (2 years), MSTZ annualized -89.59% vs -20.83% for NFXL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MSTZ or NFXL?
MSTZ has been the more volatile fund at 184.1% annualized versus 72.3% for NFXL.
Should I hold both MSTZ and NFXL?
MSTZ and NFXL have a monthly-return correlation of -0.51, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, MSTZ or NFXL?
MSTZ yields 0.00% while NFXL yields 12.68%, so NFXL currently pays the higher dividend yield.
Is NFXL better than MSTZ?
MSTZ led over 1Y, NFXL over the full window. The two move opposite each other, correlation -0.51, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.