DISO vs. MSTZ

Last updated Aug 2, 2026

DISO (YieldMax DIS Option Income Strategy ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - DISO is a Derivative Income fund actively managed by YieldMax, while MSTZ is a Inverse Equities fund actively managed by REX. Both are actively managed. Their -0.21 correlation means they have often moved in opposite directions in the past. DISO charges 1.01%/yr vs 1.05%/yr for MSTZ.

Performance

DISO vs. MSTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax DIS Option Income Strategy ETF (DISO) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DISO

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

MSTZ

• 1D: 8.95%
• 1M: 7.38%
• 6M: -24.16%
• YTD: -30.44%
• 1Y: 159.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -86.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	$101.73M	$133.33M	$177.41M

DISO vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DISO YieldMax DIS Option Income Strategy ETF	-10.18%	2.12%	15.92%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-30.44%	-38.95%	-94.43%

Correlation

The correlation between DISO and MSTZ is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.15
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	-0.21

Return for Risk

DISO vs. MSTZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DISO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MSTZ

MSTZ Risk / Return Rank: 61
MSTZ Sharpe Ratio Rank: 58
MSTZ Sortino Ratio Rank: 68
MSTZ Omega Ratio Rank: 68
MSTZ Calmar Ratio Rank: 70
MSTZ Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DISO vs. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax DIS Option Income Strategy ETF (DISO) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DISO	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.38	—
Sortino ratio: Return per unit of downside risk	—	2.22	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	2.44	—
Martin ratio: Return relative to average drawdown	—	4.53	—

Drawdowns

Drawdown Indicators

	DISO	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	—	-99.38%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-84.89%	—
Current Drawdown Current decline from peak	—	-97.63%	—
Average Drawdown Average peak-to-trough decline	—	-94.63%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	45.62%	—

Volatility

Volatility by Period

	DISO	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	37.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	134.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	150.23%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	169.87%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	169.87%	—

DISO vs. MSTZ - Expense Ratio Comparison

DISO has a 1.01% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

DISO vs. MSTZ - Dividend Comparison

Neither DISO nor MSTZ has paid dividends to shareholders.

Position	TTM	2025	2024	2023
DISO YieldMax DIS Option Income Strategy ETF	32.86%	38.87%	37.33%	6.87%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DISO and MSTZ in my portfolio?

DISO and MSTZ have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DISO or MSTZ?

On fees, DISO is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DISO or MSTZ?

DISO is cheaper with a 1.01% expense ratio, compared with 1.05% for MSTZ.

Which ETF pays a higher dividend yield, DISO or MSTZ?

DISO has the higher dividend yield at 32.86%, compared with 0.00% for MSTZ.

What is the main difference between DISO and MSTZ?

DISO is categorized as Derivative Income, while MSTZ is Inverse Equities. They also come from different issuers: YieldMax and REX. Their fees differ too: 1.01% for DISO and 1.05% for MSTZ.