LFGY vs. MSTZ

Last updated Jul 12, 2026

LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - LFGY is a Derivative Income fund actively managed by YieldMax, while MSTZ is a Inverse Equities fund actively managed by REX. Both are actively managed. Over the past year, LFGY returned -6.23% vs 264.10% for MSTZ. At a correlation of -0.72, they often move in opposite directions. LFGY charges 1.02%/yr vs 1.05%/yr for MSTZ.

Performance

LFGY vs. MSTZ - Performance Comparison

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

Returns By Period

In the year-to-date period, LFGY achieves a 9.03% return, which is significantly higher than MSTZ's -26.97% return.

LFGY

• 1D: -1.40%
• 1M: -5.05%
• 6M: 3.45%
• YTD: 9.03%
• 1Y: -6.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTZ

• 1D: -1.53%
• 1M: 39.32%
• 6M: -19.19%
• YTD: -26.97%
• 1Y: 264.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LFGY vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	9.03%	-9.35%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-26.97%	-9.45%

Correlation

The correlation between LFGY and MSTZ is -0.71, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.71
Correlation (All Time) Calculated using the full available price history since Jan 14, 2025	-0.72

The correlation between LFGY and MSTZ has been stable across timeframes, ranging from -0.72 to -0.71 - a consistent structural relationship.

Return for Risk

LFGY vs. MSTZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LFGY

LFGY Risk / Return Rank: 8
LFGY Sharpe Ratio Rank: 8
LFGY Sortino Ratio Rank: 8
LFGY Omega Ratio Rank: 8
LFGY Calmar Ratio Rank: 8
LFGY Martin Ratio Rank: 7

MSTZ

MSTZ Risk / Return Rank: 60
MSTZ Sharpe Ratio Rank: 61
MSTZ Sortino Ratio Rank: 62
MSTZ Omega Ratio Rank: 63
MSTZ Calmar Ratio Rank: 71
MSTZ Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LFGY vs. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) 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.

	LFGY	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	1.64	-1.82
Sortino ratio: Return per unit of downside risk	0.01	2.34	-2.33
Omega ratio: Gain probability vs. loss probability	1.00	1.30	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.20	2.86	-3.06
Martin ratio: Return relative to average drawdown	-0.42	5.59	-6.00

LFGY vs. MSTZ - Sharpe Ratio Comparison

The current LFGY Sharpe Ratio is -0.18, which is lower than the MSTZ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of LFGY and MSTZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LFGY vs. MSTZ - Drawdown Comparison

The maximum LFGY drawdown since its inception was -35.94%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for LFGY and MSTZ.

Drawdown Indicators

	LFGY	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	-35.94%	-99.38%	+63.44%
Max Drawdown (1Y) Largest decline over 1 year	-35.94%	-84.89%	+48.95%
Current Drawdown Current decline from peak	-16.72%	-97.51%	+80.79%
Average Drawdown Average peak-to-trough decline	-14.00%	-94.53%	+80.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.98%	43.41%	-26.43%

Volatility

LFGY vs. MSTZ - Volatility Comparison

The current volatility for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) is 11.97%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 56.46%. This indicates that LFGY experiences smaller price fluctuations and is considered to be less risky than MSTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFGY	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.97%	56.46%	-44.49%
Volatility (6M) Calculated over the trailing 6-month period	31.66%	135.20%	-103.54%
Volatility (1Y) Calculated over the trailing 1-year period	38.93%	148.41%	-109.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.20%	171.17%	-128.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.20%	171.17%	-128.97%

LFGY vs. MSTZ - Expense Ratio Comparison

LFGY has a 1.02% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

LFGY vs. MSTZ - Dividend Comparison

LFGY's dividend yield for the trailing twelve months is around 85.45%, while MSTZ has not paid dividends to shareholders.

Position	TTM	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	85.45%	94.90%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both LFGY and MSTZ in my portfolio?

LFGY and MSTZ have a correlation of -0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFGY or MSTZ?

MSTZ has higher volatility (56.46%) compared to LFGY (11.97%). In terms of maximum drawdown, LFGY dropped -35.94% vs MSTZ's -99.38%.

Which ETF is better, LFGY or MSTZ?

On 1-year performance, MSTZ leads with 264.10% vs -6.23% for LFGY. On fees, LFGY is cheaper at 1.02% per year. On volatility, LFGY has been the lower-risk option at 11.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LFGY or MSTZ?

Over the 1-year period, MSTZ has performed better with a 264.10% return vs -6.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LFGY or MSTZ?

LFGY is cheaper with a 1.02% expense ratio, compared with 1.05% for MSTZ.

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

LFGY has the higher dividend yield at 85.45%, compared with 0.00% for MSTZ.

What is the main difference between LFGY and MSTZ?

LFGY is categorized as Derivative Income, while MSTZ is Inverse Equities. They also come from different issuers: YieldMax and REX. Their fees differ too: 1.02% for LFGY and 1.05% for MSTZ.

Which has better risk-adjusted returns?

MSTZ currently has the higher Sharpe Ratio (1.64 vs -0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.