MSTXDefiance Daily Target 2X Long MSTR ETF

Take a bet2y track recordRanked #177 of 995 in this goal

Seeks daily investment results of 200% the daily percentage change in the share price of MicroStrategy Incorporated.

By Defiance ETFs LLC · Launched 2024

Annual Cost

1.31%

#5,752 of 6,040 · expensive

Fund Size

$277M

#2,170 of 6,040 · mid-size

Return (1Y)

-94.1%

Track Record

2 years

#3,664 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$491-95.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Holdings

By weight

Concentration

single-stock exposure — holdings shown are derivatives collateral, not the fund's position

N/A

9.8%

N/A

8.7%

TREASURY BILL

8.2%

N/A

7.9%

N/A

7.5%

First American Government Obli

5.9%

N/A

5.6%

N/A

4.5%

Dreyfus Government Cash Management

0.0%

Asset allocation

Stocks

158.8%

Other

28.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

159.2%High

Year-on-year price swings

Max drawdown

-100.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.09Below average

Sortino (3Y)

0.14Moderate downside risk

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks daily investment results of 200% the daily percentage change in the share price of MicroStrategy Incorporated.
Strategy: Actively managed ETF aiming for 200% daily exposure to the share price of MicroStrategy (MSTR) using derivatives like swaps and options. The strategy focuses on achieving this target for a single trading day, with high turnover and potential volatility risks.
Inception date: August 14, 2024
Fund family: Defiance ETFs LLC