KTUP vs. MSTK

Last updated Jun 23, 2026

KTUP (T-Rex 2X Long KTOS Daily Target ETF) and MSTK (Tuttle Capital MSTR 0DTE Covered Call ETF) are both exchange-traded funds - KTUP is a Leveraged Equities fund actively managed by Tuttle Capital Management, while MSTK is a Derivative Income fund actively managed by Tuttle Capital Management. Both are actively managed. At a 0.33 correlation, their price movements are largely independent. KTUP charges 1.50%/yr vs 0.99%/yr for MSTK.

Performance

KTUP vs. MSTK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long KTOS Daily Target ETF (KTUP) and Tuttle Capital MSTR 0DTE Covered Call ETF (MSTK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KTUP

• 1D: -11.67%
• 1M: -22.89%
• YTD: -70.20%
• 6M: -74.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTK

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

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

KTUP vs. MSTK - Yearly Performance Comparison

	2026 (YTD)	2025
KTUP T-Rex 2X Long KTOS Daily Target ETF	-70.20%	-29.00%
MSTK Tuttle Capital MSTR 0DTE Covered Call ETF	-20.94%	-47.46%

Correlation

The correlation between KTUP and MSTK is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.33

Return for Risk

KTUP vs. MSTK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long KTOS Daily Target ETF (KTUP) and Tuttle Capital MSTR 0DTE Covered Call ETF (MSTK). 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.

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

Drawdowns

Drawdown Indicators

	KTUP	MSTK	Difference
Max Drawdown Largest peak-to-trough decline	-89.45%	—	—
Current Drawdown Current decline from peak	-89.45%	—	—
Average Drawdown Average peak-to-trough decline	-52.99%	—	—

Volatility

Volatility by Period

	KTUP	MSTK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	153.20%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	153.20%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	153.20%	—	—

KTUP vs. MSTK - Expense Ratio Comparison

KTUP has a 1.50% expense ratio, which is higher than MSTK's 0.99% expense ratio.

Dividends

KTUP vs. MSTK - Dividend Comparison

KTUP's dividend yield for the trailing twelve months is around 7.14%, less than MSTK's 49.03% yield.

Position	TTM	2025
KTUP T-Rex 2X Long KTOS Daily Target ETF	7.14%	2.13%
MSTK Tuttle Capital MSTR 0DTE Covered Call ETF	49.03%	26.75%

Frequently Asked Questions

Can I hold both KTUP and MSTK in my portfolio?

KTUP and MSTK have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KTUP or MSTK?

On fees, MSTK is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KTUP or MSTK?

MSTK is cheaper with a 0.99% expense ratio, compared with 1.50% for KTUP.

Which ETF pays a higher dividend yield, KTUP or MSTK?

MSTK has the higher dividend yield at 49.03%, compared with 7.14% for KTUP.

What is the main difference between KTUP and MSTK?

KTUP is categorized as Leveraged Equities, while MSTK is Derivative Income. Their fees differ too: 1.50% for KTUP and 0.99% for MSTK.