Daily Target 2X Long MSTR ETFMSTX

DefianceSingle-Stock Leverage#142 of 228 by YTD

$12.01

−18.0% last session

−68.8% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Nov 4, 2025 – Nov 5, 2026MSTXS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−18.0%	−33.6%	+31.5%	−68.8%	−89.6%	—	—	−91.9%
Peer average	−12.8%	−25.7%	−30.6%	−36.4%	−42.0%	+19.8%	—	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $269M
Expense ratio: 1.31%
Distribution yield: 0.0%
NAV: $13.33
Volume: 13.0M
Avg. volume 30D: 6.9M
High today: $14.33
Low today: $10.81
Previous close: $14.64
52-week high: $126.70
52-week low: $6.72
Our risk indicator: 5/5

MSTX in One Breath

MSTX Among Single-Stock Leverage ETFs

YTD

#1PBRGLeverageShares+316.4%$2.0M

#2DLLLGraniteShares+250.9%$99.2M

#3OSCXDefiance+201.0%$8.2M

#4MUUDirexion+153.4%$2.7B

#5MULLGraniteShares+144.6%$338M

#6OKTGLeverageShares+127.0%$7.0M

#7CRWLGraniteShares+112.5%$60.3M

#8PALUDirexion+110.4%$26.8M

#142MSTXDefiance−68.8%$269M

End-of-day Nov 5, 2026 · 228 Single-Stock Leverage ETFs by YTD

$10,000 in MSTX

$10,000 in MSTX became

$810

In the S&P 500 (VOO)

$13,622

Total return, dividends in · Aug 15, 2024 – Nov 5, 2026 · S&P 500 uses VOO

MSTX Returns by Period

Today

YTD

MAX

MSTX

−18.0%

−33.6%

+31.5%

−68.8%

−89.6%

—

−91.9%

Peer average

−12.8%

−25.7%

−30.6%

−36.4%

−42.0%

+19.8%

—

S&P 500 · VOO

−4.4%

−5.7%

−4.9%

+8.4%

+9.8%

+82.2%

+71.6%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 390 Single-Stock Leverage ETFs

MSTX’s Single-Stock Leverage Rank

YTD

#142of 228
single-stock leverage ETFs

Best · PBRG+316.4%

Average−36.4%

MSTX−68.8%

Worst · SMUP−99.6%

Single-Stock Leverage ETFs by YTD return · Nov 5, 2026

MSTX Price and 52-Week Range

From the 52-week high

−90.5%

From the 52-week low

+78.7%

Today $10.81 – $14.33

Previous close $14.64

$12.01 now

52-week low$6.7252-week high$126.70

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

MSTX’s Size vs Its Peers

Today

$269M#19 by size of 391 single-stock leverage ETFs

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

NVDL$1.65

AMDL$1.89

Expense ratio · Single-Stock Leverage peers · Nov 5, 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


TSLL	DirexionRead Desk	0.95%	−56.6%	−57.8%	$3.6B
NVDL	GraniteSharesRead Desk	1.65%	−23.3%	−35.0%	$2.7B
MUU	DirexionRead Desk	1.01%	+153.4%	+295.6%	$2.7B
GGLL	DirexionRead Desk	0.96%	−32.1%	−16.1%	$1.0B
AMDL	GraniteSharesRead Desk	1.89%	+98.0%	+36.2%	$767M
MSTX	DefianceThis fundRead Desk	1.31%	−68.8%	−89.6%	$269M

Single-Stock Leverage peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put MSTX head to head with TSLL →

TSLL vs MSTX

YTD

TSLLDirexionMSTXDefiance

Year to date

−56.6%

−68.8%

TSLL wins+12.2 pts

Past year

−57.8%

−89.6%

TSLL wins+31.8 pts

Fee

0.95%

1.31%

TSLL winslower fee

Yield

11.9%

0.0%

TSLL wins+11.9 pts

AUM

$3.6B

$269M

TSLL13.3× more

4–0TSLL wins

Direxion TSLL and Defiance MSTX · year-to-date · as of Nov 6, 2026 · AUM not scored

MSTX vs VOO

YTD

MSTX · Daily Target 2X Long MSTR

−68.8%

VOO · S&P 500

+8.4%

Gap

77.2 pts

Defiance MSTX and Vanguard VOO · YTD total return · as of Nov 6, 2026

MSTX vs Its Peer Average

YTD

MSTXAvsBPeer average

1D−18.0%−12.8%

1M−33.6%−25.7%

3M+31.5%−30.6%

YTD−68.8%−36.4%

1Y−89.6%−42.0%

3Y[…]+19.8%

1–4Peer average wins

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

The Details

MSTX

Risk

5/5our risk indicator

CalmerBumpier

Volatility · 1Y161.07%

Deepest drop · 1Y−94.5%

Lowest point · 5Y−94.5%

52-week range

$12.01

$6.72−90.5% from the high$126.70

Defiance MSTX · past-year price moves · as of Nov 6, 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 6, 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$13.33

Premium / discount[…]

Median spread · 30D[…]

Volume today13.0M

Average volume · 30D6.9M

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

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