MSTK vs. SBTU

Last updated Jun 24, 2026

MSTK (Tuttle Capital MSTR 0DTE Covered Call ETF) and SBTU (T-Rex 2X Long SBET Daily Target ETF) are both exchange-traded funds - MSTK is a Derivative Income fund actively managed by Tuttle Capital Management, while SBTU is a Leveraged Equities fund actively managed by Tuttle Capital Management. Both are actively managed. A 0.69 correlation means they provide meaningful diversification when combined. MSTK charges 0.99%/yr vs 1.50%/yr for SBTU.

Performance

MSTK vs. SBTU - Performance Comparison

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

Returns By Period

MSTK

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

SBTU

• 1D: -12.70%
• 1M: -39.34%
• YTD: -78.65%
• 6M: -80.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSTK vs. SBTU - Yearly Performance Comparison

	2026 (YTD)	2025
MSTK Tuttle Capital MSTR 0DTE Covered Call ETF	-20.94%	-47.46%
SBTU T-Rex 2X Long SBET Daily Target ETF	-78.65%	-62.27%

Correlation

The correlation between MSTK and SBTU is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.69

Return for Risk

MSTK vs. SBTU - Risk-Adjusted Trends Comparison

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

	MSTK	SBTU	Difference
Max Drawdown Largest peak-to-trough decline	—	-93.04%	—
Current Drawdown Current decline from peak	—	-93.04%	—
Average Drawdown Average peak-to-trough decline	—	-69.92%	—

Volatility

Volatility by Period

	MSTK	SBTU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	160.40%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	160.40%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	160.40%	—

MSTK vs. SBTU - Expense Ratio Comparison

MSTK has a 0.99% expense ratio, which is lower than SBTU's 1.50% expense ratio.

Dividends

MSTK vs. SBTU - Dividend Comparison

MSTK's dividend yield for the trailing twelve months is around 49.03%, while SBTU has not paid dividends to shareholders.

Position	TTM	2025
MSTK Tuttle Capital MSTR 0DTE Covered Call ETF	49.03%	26.75%
SBTU T-Rex 2X Long SBET Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSTK and SBTU in my portfolio?

MSTK and SBTU have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSTK or SBTU?

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, MSTK or SBTU?

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

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

MSTK has the higher dividend yield at 49.03%, compared with 0.00% for SBTU.

What is the main difference between MSTK and SBTU?

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