Defiance Daily Target 2X Long MSTR ETF (MSTX)
42.02
+0.33
(+0.79%)
USD |
NASDAQ |
May 16, 16:00
40.00
-2.02
(-4.81%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.29% | -0.37% | 1.602B | 11.47M |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 666.0% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks daily leveraged investment results of 2.00 (200%) the daily percentage change in the share price of MSTR. The fund will enter into one or more swap agreements with financial institutions for a specified period, which may range from one day to longer than a year. The advisor has adopted a policy to have at least 80% exposure to financial instruments with economic characteristics that should perform 2X the daily performance of the underlying security’s shares. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Global Peer Group | Alternative Equity Leveraged |
| Peer Group | Equity Leverage Funds |
| Global Macro | Alternative Equity |
| US Macro | Large-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth & Income Funds |
| Fund Owner Firm Name | Defiance |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 17, 2025.
Asset Allocation
As of May 15, 2025.
| Type | % Net |
|---|---|
| Cash | -78.65% |
| Stock | 178.7% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Basic Info
| Investment Strategy | |
| The investment seeks daily leveraged investment results of 2.00 (200%) the daily percentage change in the share price of MSTR. The fund will enter into one or more swap agreements with financial institutions for a specified period, which may range from one day to longer than a year. The advisor has adopted a policy to have at least 80% exposure to financial instruments with economic characteristics that should perform 2X the daily performance of the underlying security’s shares. The fund is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Global Peer Group | Alternative Equity Leveraged |
| Peer Group | Equity Leverage Funds |
| Global Macro | Alternative Equity |
| US Macro | Large-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth & Income Funds |
| Fund Owner Firm Name | Defiance |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |