Defiance Daily Target 2x Long MSTR ETF (MSTX)
| Assets | $388.42M |
| Expense Ratio | 1.31% |
| PE Ratio | n/a |
| Shares Out | 10.89M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 2,083,408 |
| Open | 32.31 |
| Previous Close | 35.67 |
| Day's Range | 29.50 - 32.32 |
| 52-Week Low | 15.70 |
| 52-Week High | 497.55 |
| Beta | n/a |
| Holdings | 12 |
| Inception Date | Aug 14, 2024 |
About MSTX
Fund Home PageThe Defiance Daily Target 2x Long MSTR ETF (MSTX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of the MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. MSTX was launched on Aug 14, 2024 and is issued by Defiance.
Top 10 Holdings
249.53% of assets| Name | Symbol | Weight |
|---|---|---|
| STRATEGY INC SWAP CLEARSTREET | n/a | 38.51% |
| STRATEGY INC INC SWAP CANTOR | n/a | 37.86% |
| STRATEGY INC SWAP JNST-L | n/a | 37.47% |
| STRATEGY SWAP NBC-L | n/a | 36.36% |
| STRATEGY INC SWAP MAREX | n/a | 35.26% |
| US DOLLARS | n/a | 28.88% |
| STRATEGY INC SWAP BMO | n/a | 22.04% |
| United States Treasury Bills 0% | B.0 05.21.26 | 7.84% |
| First American Government Obligations Fund | FGXXX | 3.91% |
| OTHER ASSETS AND LIABILITIES | n/a | 1.39% |
Performance
MSTX had a total return of -92.65% in the past year, including dividends. Since the fund's inception, the average annual return has been -58.81%.
News
Top Performing Leveraged/Inverse ETFs: 04/19/2026
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Largest borrow rate increases among liquid names
Latest data shows the largest indicative borrow rate increases among liquid option names include: Humacyte (HUMA) 16.96% +1.30, Infosys (INFY) 14.10% +1.29, Defiance 1.75x MSTR ETF (MSTX) 27.68% +1.03...
Largest borrow rate increases among liquid names
Latest data shows the largest indicative borrow rate increases among liquid option names include: Merlin Inc (MRLN) 71.83% +3.66, Defiance 1.75x MSTR ETF (MSTX) 28.50% +1.20, Lucid Group (LCID) 26.37%...
UPDATE -- Tidal Financial Group and Defiance ETFs Announce Reverse Stock Splits for Select ETFs
NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for twenty four of Defiance's exchange-traded funds (“ETFs”). These reverse splits ar...
Tidal Financial Group and Defiance ETFs Announce Reverse Stock Splits for Select ETFs
NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for twenty four of Defiance's exchange-traded funds (“ETFs”). These reverse splits are...
Largest borrow rate increases among liquid names
Latest data shows the largest indicative borrow rate increases among liquid option names include: Cracker Barrel (CBRL) 16.90% +4.35, Defiance 1.75x MSTR ETF (MSTX) 27.92% +0.91, VisionWave Holdings I...
Unusually active option classes on open December 23rd
Unusual total active option classes on open include: Rezolve AI Ltd (RZLV), Novo Nordisk (NVO), PepsiCo (PEP), Kinder Morgan (KMI), Defiance 1.75x MSTR ETF (MSTX), Recursion Pharmaceuticals (RXRX), ZI...
Strategy's leveraged ETFs hit hard by crypto slump
Leveraged exchange‑traded funds (ETFs) linked to bitcoin hoarder Strategy are among the biggest casualties of this year's crypto slump, as falling bitcoin price battered shares of the largest corporat...
Strategy ETFs crash 80% amid Bitcoin turmoil; MSTR gains 6% in surprising divergence
While Bitcoin's December descent triggered an 80% collapse in Strategy Inc.'s (previously known as Microstrategy) leveraged ETFs, erasing $1.5 billion in retail savings from MSTX and MSTU. Yet MSTR st...
Largest borrow rate increases among liquid names
Latest data shows the largest indicative borrow rate increases among liquid option names include: Olema Pharmaceuticals (OLMA) 22.87% +7.90, HighPeak Energy (HPK) 28.61% +7.23, Defiance 1.75x MSTR ETF...
Avoid MicroStrategy stock and buy MSTX and MSTU ETFs instead
MicroStrategy stock price has done well this year, helped by the ongoing Bitcoin price rally. MSTR has jumped by 542% this year, beating the S&P 500 and Nasdaq 100 indices, which are up by less than 3...
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds
Single stock ETFs are seeing high trading volumes, and some are showing signs of stress.
Avoid MicroStrategy stock: buy MSTU and MSTX ETFs instead
MicroStrategy stock price continued its strong rally, reaching its all-time high of $503 this week. MSTR has been one of the best-performing companies in Wall Street as it jumped by over 830% in the l...
Defiance ETFs Announces Increase in Leverage for MSTX and SMST ETFs to 2x
MIAMI, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a pioneer in leveraged single-stock ETFs, is excited to announce an increase in leverage for two of its flagship products, MSTX and SMST, from 1...
AVGO Does the "Same Thing" NVDA Does, Trading MSTX & LLY
Sylvia Jablonski, CEO of Defiance ETFs, talks about the Defiance Daily Target ETF (MSTX) that began public trading last month. She talks about why it's "a bang for your buck" for tactical traders.
MSTX, The First Leveraged MicroStrategy ETF in the U.S. Surpasses $300 Million
MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of thematic and leverage-focused exchange-traded funds, is thrilled to announce that its MSTX ETF (1.75X MicroStrategy ETF) ...
MSTX, The First Leveraged MicroStrategy ETF in the U.S. Surpasses $200 Million
MIAMI, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of thematic and leverage-focused exchange-traded funds, is thrilled to announce that its MSTX ETF (1.75X MicroStrategy ETF) ...
Defiance ETFs Files to Increase Leverage on MSTX (MicroStrategy) ETF from 1.75x to 2x, Surpassing $100 Million in Assets
NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of leverage-focused exchange-traded funds (ETFs), has filed with the SEC to increase the leverage exposure on its flagshi...
Defiance Launches MSTX, The First Leveraged Single-Stock ETF on MicroStrategy in the US
MIAMI, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to unveil MSTX, the first single-stock long leveraged ETF for MicroStrategy. MSTX seeks to provide 175% long daily targeted exposure to ...