Leveraged Long + Income MSTR ETFMST

$11.61

+8.1% last session

−55.1% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Nov 3, 2025 – Nov 4, 2026MSTS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+8.1%	−28.3%	+53.4%	−55.1%	−85.0%	—	—	−94.6%
Peer average	−0.1%	−6.4%	+12.0%	−5.5%	−17.5%	+81.1%	—	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $21M
Expense ratio: 2.02%
Distribution yield: 222.2%
NAV: $10.06
Volume: 126K
Avg. volume 30D: 122K
High today: $12.12
Low today: $10.72
Previous close: $10.74
52-week high: $157.36
52-week low: $6.53
Our risk indicator: 4/5

MST in One Breath

MST Among Thematic Income ETFs

YTD

#1APLYYieldMax+18.6%$110M

#2MSFOYieldMax+14.4%$95.6M

#3NVITYieldMax+12.7%$16.1M

#4AMZYYieldMax+12.4%$215M

#5NVIIRexshares+9.4%$105M

#6NVDYYieldMax+8.3%$1.3B

#7PLTYYieldMax+0.7%$341M

#8MSTYYieldMax−7.5%$962M

#15MSTDefiance−55.1%$20.6M

End-of-day Nov 5, 2026 · 15 Thematic Income ETFs by YTD

$10,000 in MST

$10,000 in MST became

$536

In the S&P 500 (VOO)

$13,772

Total return, dividends in · May 2, 2025 – Nov 4, 2026 · S&P 500 uses VOO

MST Returns by Period

Today

YTD

MAX

MST

+8.1%

−28.3%

+53.4%

−55.1%

−85.0%

—

−94.6%

Peer average

−0.1%

−6.4%

+12.0%

−5.5%

−17.5%

+81.1%

—

S&P 500 · VOO

+1.6%

−1.6%

0.0%

+13.4%

+13.5%

+91.7%

+81.2%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 24 Thematic Income ETFs

MST’s Thematic Income Rank

YTD

#36of 36
thematic income ETFs

Best · SOXY+40.8%

Average−0.7%

MST−55.1%

Worst · MST−55.1%

Thematic Income ETFs by YTD return · Nov 5, 2026

MST Price and 52-Week Range

From the 52-week high

−92.6%

From the 52-week low

+77.7%

Today $10.72 – $12.12

Previous close $10.74

$11.61 now

52-week low$6.5352-week high$157.36

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

MST’s Size vs Its Peers

Today

$20.6M#11 by size of 25 thematic income ETFs

AUM · MST and the 5 largest peers · Nov 5, 2026

MST Fee per $100 vs Peers

Today

$2.02a year
per $100

$202 a year on $10,000

MSTY$1.03

CONY$1.04

TSLY$1.07

PLTY$1.07

NVDY$1.09

MST$2.02

Expense ratio · Thematic Income peers · Nov 5, 2026

Inside MST

11 holdings

MST

Leveraged Long + Income MSTR ETF

Today

MST reports no holdings we can show: […]

Defiance MST · holdings

How It Compares

MST

Leveraged Long + Income MSTR ETF’s Peers

YTD


NVDY	YieldMaxRead Desk	1.09%	+8.3%	+1.3%	$1.3B
MSTY	YieldMaxRead Desk	1.03%	−7.5%	−41.3%	$962M
TSLY	YieldMaxRead Desk	1.07%	−10.4%	−13.0%	$673M
PLTY	YieldMaxRead Desk	1.07%	+0.7%	−12.7%	$341M
CONY	YieldMaxRead Desk	1.04%	−27.8%	−48.0%	$289M
MST	DefianceThis fundRead Desk	2.02%	−55.1%	−85.0%	$21M

Thematic Income peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put MST head to head with NVDY →

NVDY vs MST

YTD

NVDYYieldMaxMSTDefiance

Year to date

+8.3%

−55.1%

NVDY wins+63.3 pts

Past year

+1.3%

−85.0%

NVDY wins+86.3 pts

Fee

1.09%

2.02%

NVDY winslower fee

Yield

55.6%

222.2%

MST wins+166.6 pts

AUM

$1.3B

$20.6M

NVDY60.7× more

3–1NVDY wins

YieldMax NVDY and Defiance MST · year-to-date · as of Nov 5, 2026 · AUM not scored

MST vs VOO

YTD

MST · Leveraged Long + Income MSTR

−55.1%

VOO · S&P 500

+13.4%

Gap

68.4 pts

Defiance MST and Vanguard VOO · YTD total return · as of Nov 5, 2026

MST vs Its Peer Average

YTD

MSTAvsBPeer average

1D+8.1%−0.1%

1M−28.3%−6.4%

3M+53.4%+12.0%

YTD−55.1%−5.5%

1Y−85.0%−17.5%

3Y[…]+81.1%

2–3Peer average wins

24 Thematic Income peers · each row scaled to its leader

The Details

MST

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y144.62%

Deepest drop · 1Y−92.7%

Lowest point · 5Y−97.2%

52-week range

$11.61

$6.53−92.6% from the high$157.36

Defiance MST · past-year price moves · as of Nov 5, 2026

MST

Fund Facts

Today

2025launched May 1

Tracks[…]

Exchange · CUSIPNASDAQ · 88636W189

StructureETF

Leverage1x

Cost on $10,000$202 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Defiance MST · fund facts · as of Nov 5, 2026

MST

Payouts by Year

$0.0832per share, Nov 2026

Distribution yield222.2%

PaidEvery week

Latest ex-date · paidNov 4 · Nov 5, 2026

12 payouts added up$1.12 a share

Defiance MST · distributions by ex-date · 2025–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗summary prospectus · SEC 497K ↗annual report · SEC N-CSR ↗SEC reported portfolio · 2026-03-31 ↗prospectus · SEC 497 ↗SEC reported portfolio · 2025-12-31 ↗SEC reported portfolio · 2025-09-30 ↗prospectus · SEC 497 ↗

Trading & Liquidity

Net asset value$10.06

Premium / discount[…]

Median spread · 30D[…]

Volume today126K

Average volume · 30D122K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio2.02%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$202.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 4, 2026	Nov 5, 2026	$0.0832
Oct 28, 2026	Oct 29, 2026	$0.0717
Oct 21, 2026	Oct 22, 2026	$0.0763
Oct 14, 2026	Oct 15, 2026	$0.0947
Oct 7, 2026	Oct 8, 2026	$0.11
Sep 30, 2026	Oct 1, 2026	$0.11
Sep 23, 2026	Sep 24, 2026	$0.10
Sep 16, 2026	Sep 17, 2026	$0.10
Sep 9, 2026	Sep 10, 2026	$0.11
Sep 2, 2026	Sep 3, 2026	$0.11
Aug 26, 2026	Aug 27, 2026	$0.0798
Aug 19, 2026	Aug 20, 2026	$0.0722

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