Daily Target 2X Long MSTR ETFMSTX

DefianceSingle-Stock Leverage#136 of 228 by YTD

$14.64

+10.0% last session

−62.0% YTD

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

Dividend-adjusted total return · Dec 31, 2025 – Nov 4, 2026MSTX

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+10.0%	−30.2%	+70.4%	−62.0%	−89.0%	—	—	−90.1%
Peer average	−2.9%	−22.6%	−23.2%	−26.7%	−36.8%	+34.3%	—	—
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: $269M
Expense ratio: 1.31%
Distribution yield: 0.0%
NAV: $13.33
Volume: 9.6M
Avg. volume 30D: 6.7M
High today: $15.35
Low today: $13.36
Previous close: $13.31
52-week high: $139.17
52-week low: $6.72
Our risk indicator: 5/5

MSTX in One Breath

MSTX Among Single-Stock Leverage ETFs

YTD

#1DLLLGraniteShares+399.7%$99.2M

#2PBRGLeverageShares+316.4%$2.0M

#3MUUDirexion+286.1%$2.7B

#4MULLGraniteShares+271.9%$338M

#5OSCXDefiance+240.0%$8.2M

#6AMUUDirexion+209.8%$67.9M

#7AMDLGraniteShares+204.0%$767M

#8AMDGLeverageShares+200.8%$19.2M

#136MSTXDefiance−62.0%$269M

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

$10,000 in MSTX

$10,000 in MSTX became

$988

In the S&P 500 (VOO)

$14,245

Total return, dividends in · Aug 15, 2024 – Nov 4, 2026 · S&P 500 uses VOO

MSTX Returns by Period

Today

YTD

MAX

MSTX

+10.0%

−30.2%

+70.4%

−62.0%

−89.0%

—

−90.1%

Peer average

−2.9%

−22.6%

−23.2%

−26.7%

−36.8%

+34.3%

—

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 = 390 Single-Stock Leverage ETFs

MSTX’s Single-Stock Leverage Rank

YTD

#136of 228
single-stock leverage ETFs

Best · DLLL+399.7%

Average−26.7%

MSTX−62.0%

Worst · SMUP−99.5%

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

MSTX Price and 52-Week Range

From the 52-week high

−89.5%

From the 52-week low

+117.9%

Today $13.36 – $15.35

Previous close $13.31

$14.64 now

52-week low$6.7252-week high$139.17

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%	−44.5%	−51.5%	$3.6B
NVDL	GraniteSharesRead Desk	1.65%	−5.8%	−26.5%	$2.7B
MUU	DirexionRead Desk	1.01%	+286.1%	+418.3%	$2.7B
GGLL	DirexionRead Desk	0.96%	−28.9%	−16.1%	$1.0B
AMDL	GraniteSharesRead Desk	1.89%	+204.0%	+93.7%	$767M
MSTX	DefianceThis fundRead Desk	1.31%	−62.0%	−89.0%	$269M

Single-Stock Leverage peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put MSTX head to head with TSLL →

TSLL vs MSTX

YTD

TSLLDirexionMSTXDefiance

Year to date

−44.5%

−62.0%

TSLL wins+17.5 pts

Past year

−51.5%

−89.0%

TSLL wins+37.5 pts

Fee

0.95%

1.31%

TSLL winslower fee

Yield

9.3%

0.0%

TSLL wins+9.3 pts

AUM

$3.6B

$269M

TSLL13.3× more

4–0TSLL wins

Direxion TSLL and Defiance MSTX · year-to-date · as of Nov 5, 2026 · AUM not scored

MSTX vs VOO

YTD

MSTX · Daily Target 2X Long MSTR

−62.0%

VOO · S&P 500

+13.4%

Gap

75.3 pts

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

MSTX vs Its Peer Average

YTD

MSTXAvsBPeer average

1D+10.0%−2.9%

1M−30.2%−22.6%

3M+70.4%−23.2%

YTD−62.0%−26.7%

1Y−89.0%−36.8%

3Y[…]+34.3%

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 · 1Y160.52%

Deepest drop · 1Y−94.9%

Lowest point · 5Y−94.5%

52-week range

$14.64

$6.72−89.5% from the high$139.17

Defiance MSTX · past-year price moves · as of Nov 5, 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 5, 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 today9.6M

Average volume · 30D6.7M

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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