Daily Target 2X Long MSTR ETFMSTX

DefianceSingle-Stock Leverage#143 of 228 by YTD

$13.31

+7.0% last session

−65.4% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026MSTXS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+7.0%	−36.4%	+50.2%	−65.4%	−90.4%	—	—	−91.0%
Peer average	+4.3%	−22.5%	−23.8%	−25.0%	−34.8%	+35.9%	—	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $250M
Expense ratio: 1.31%
Distribution yield: 0.0%
NAV: $12.41
Volume: 4.6M
Avg. volume 30D: 6.6M
High today: $13.85
Low today: $12.48
Previous close: $12.44
52-week high: $145.25
52-week low: $6.72
Our risk indicator: 5/5

MSTX in One Breath

MSTX Among Single-Stock Leverage ETFs

YTD

#1DLLLGraniteShares+506.3%$113M

#2MUUDirexion+349.0%$2.4B

#3MULLGraniteShares+331.2%$428M

#4PBRGLeverageShares+316.4%$2.0M

#5AMUUDirexion+204.3%$57.6M

#6AMDLGraniteShares+199.0%$746M

#7AMDGLeverageShares+196.1%$17.9M

#8OSCXDefiance+190.6%$7.5M

#143MSTXDefiance−65.4%$250M

End-of-day Nov 4, 2026 · 228 Single-Stock Leverage ETFs by YTD

$10,000 in MSTX

$10,000 in MSTX became

$898

In the S&P 500 (VOO)

$14,018

Total return, dividends in · Aug 15, 2024 – Nov 3, 2026 · S&P 500 uses VOO

MSTX Returns by Period

Today

YTD

MAX

MSTX

+7.0%

−36.4%

+50.2%

−65.4%

−90.4%

—

−91.0%

Peer average

+4.3%

−22.5%

−23.8%

−25.0%

−34.8%

+35.9%

—

S&P 500 · VOO

+0.3%

−2.6%

−1.7%

+11.5%

+11.9%

+90.9%

+77.5%

—

End-of-day Nov 4, 2026 · total return, dividends in · peers = 390 Single-Stock Leverage ETFs

MSTX’s Single-Stock Leverage Rank

YTD

#143of 228
single-stock leverage ETFs

Best · DLLL+506.3%

Average−25.0%

MSTX−65.4%

Worst · SMUP−99.4%

Single-Stock Leverage ETFs by YTD return · Nov 4, 2026

MSTX Price and 52-Week Range

From the 52-week high

−90.8%

From the 52-week low

+98.1%

Today $12.48 – $13.85

Previous close $12.44

$13.31 now

52-week low$6.7252-week high$145.25

End-of-day Nov 4, 2026 · box = today’s range, dashed = previous close

MSTX’s Size vs Its Peers

Today

$250M#20 by size of 391 single-stock leverage ETFs

AUM · MSTX and the 5 largest peers · Nov 4, 2026

MSTX Fee per $100 vs Peers

Today

$1.31a year
per $100

$131 a year on $10,000

TSLL$0.95

GGLL$0.96

MUU$1.01

MSTX$1.31

SNXX$1.49

NVDL$1.65

Expense ratio · Single-Stock Leverage peers · Nov 4, 2026

Inside MSTX

10 holdings

MSTX

Daily Target 2X Long MSTR ETF

Today

MSTX gets its 2× exposure through swaps and futures, so a list of holdings would not show what you own: […]

Defiance MSTX · holdings

How It Compares

MSTX

Daily Target 2X Long MSTR ETF’s Peers

YTD

		Trend
TSLL	DirexionRead Desk		0.95%	−40.7%	−45.6%	$3.7B
NVDL	GraniteSharesRead Desk		1.65%	+0.3%	−18.2%	$2.9B
MUU	DirexionRead Desk		1.01%	+349.0%	+563.5%	$2.4B
GGLL	DirexionRead Desk		0.96%	−33.2%	−19.9%	$1.0B
SNXX	TradrRead Desk	New fund	1.49%	new	new	$780M
MSTX	DefianceThis fundRead Desk		1.31%	−65.4%	−90.4%	$250M

Single-Stock Leverage peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put MSTX head to head with TSLL →

TSLL vs MSTX

YTD

TSLLDirexionMSTXDefiance

Year to date

−40.7%

−65.4%

TSLL wins+24.7 pts

Past year

−45.6%

−90.4%

TSLL wins+44.8 pts

Fee

0.95%

1.31%

TSLL winslower fee

Yield

8.7%

0.0%

TSLL wins+8.7 pts

AUM

$3.7B

$250M

TSLL14.7× more

4–0TSLL wins

Direxion TSLL and Defiance MSTX · year-to-date · as of Nov 4, 2026 · AUM not scored

MSTX vs VOO

YTD

MSTX · Daily Target 2X Long MSTR

−65.4%

VOO · S&P 500

+11.5%

Gap

77.0 pts

Defiance MSTX and Vanguard VOO · YTD total return · as of Nov 4, 2026

MSTX vs Its Peer Average

YTD

MSTXAvsBPeer average

1D+7.0%+4.3%

1M−36.4%−22.5%

3M+50.2%−23.8%

YTD−65.4%−25.0%

1Y−90.4%−34.8%

3Y[…]+35.9%

2–3Peer average wins

390 Single-Stock Leverage peers · each row scaled to its leader

The Details

MSTX

Risk

5/5our risk indicator

CalmerBumpier

Volatility · 1Y160.21%

Deepest drop · 1Y−95.1%

Lowest point · 5Y−95.0%

52-week range

$13.31

$6.72−90.8% from the high$145.25

Defiance MSTX · past-year price moves · as of Nov 4, 2026

MSTX

Fund Facts

Today

2024launched Aug 14

Tracks[…]

Exchange · CUSIPNASDAQ · 88636W221

StructureETF

Leverage2x

Cost on $10,000$131 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Defiance MSTX · fund facts · as of Nov 4, 2026

MSTX

Payouts by Year

$144.28per share, Dec 2024

Distribution yield0.0%

Paid[…]

Latest ex-date · paidDec 31 · Jan 3, 2025

1 payouts added up$144.28 a share

Defiance MSTX · distributions by ex-date · 2024–2024

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗SEC reported portfolio · 2025-10-31 ↗

Trading & Liquidity

Net asset value$12.41

Premium / discount[…]

Median spread · 30D[…]

Volume today4.6M

Average volume · 30D6.6M

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio1.31%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$131.00

Our risk indicator5/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 31, 2024	Jan 3, 2025	$144.28

Issuer contentFrom DefianceHear the strategy from the people behind MSTX.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →