MSTU vs. BAMU

Last updated Jun 23, 2026

MSTU (T-Rex 2X Long MSTR Daily Target ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - MSTU is a Leveraged Equities fund actively managed by T-Rex, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. Both are actively managed. Over the past year, MSTU returned -96.32% vs 2.91% for BAMU. At a 0.06 correlation, their price movements are largely independent. MSTU charges 1.05%/yr vs 1.09%/yr for BAMU.

Performance

MSTU vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSTU achieves a -67.51% return, which is significantly lower than BAMU's 1.18% return.

MSTU

• 1D: -5.59%
• 1M: -56.73%
• YTD: -67.51%
• 6M: -72.64%
• 1Y: -96.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAMU

• 1D: 0.02%
• 1M: 0.16%
• YTD: 1.18%
• 6M: 1.23%
• 1Y: 2.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSTU vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MSTU T-Rex 2X Long MSTR Daily Target ETF	-67.51%	-89.07%	205.47%
BAMU Brookstone Ultra-Short Bond ETF	1.18%	3.21%	1.08%

Correlation

The correlation between MSTU and BAMU is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	0.06

The correlation between MSTU and BAMU shifts across timeframes, from -0.07 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MSTU vs. BAMU — Risk / Return Rank

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

MSTU

MSTU Risk / Return Rank: 2
MSTU Sharpe Ratio Rank: 4
MSTU Sortino Ratio Rank: 0
MSTU Omega Ratio Rank: 0
MSTU Calmar Ratio Rank: 0
MSTU Martin Ratio Rank: 3

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 98
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

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.

MSTU vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

	MSTU	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	-0.68	5.01	-5.69
Sortino ratio: Return per unit of downside risk	-2.22	8.84	-11.06
Omega ratio: Gain probability vs. loss probability	0.77	2.43	-1.66
Calmar ratio: Return relative to maximum drawdown	-0.99	24.72	-25.71
Martin ratio: Return relative to average drawdown	-1.23	97.90	-99.13

MSTU vs. BAMU - Sharpe Ratio Comparison

The current MSTU Sharpe Ratio is -0.68, which is lower than the BAMU Sharpe Ratio of 5.01. The chart below compares the historical Sharpe Ratios of MSTU and BAMU, 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

MSTU vs. BAMU - Drawdown Comparison

The maximum MSTU drawdown since its inception was -98.95%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for MSTU and BAMU.

Drawdown Indicators

	MSTU	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-98.95%	-0.36%	-98.59%
Max Drawdown (1Y) Largest decline over 1 year	-97.47%	-0.12%	-97.35%
Current Drawdown Current decline from peak	-98.95%	0.00%	-98.95%
Average Drawdown Average peak-to-trough decline	-72.51%	-0.02%	-72.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	78.06%	0.03%	+78.03%

Volatility

MSTU vs. BAMU - Volatility Comparison

T-Rex 2X Long MSTR Daily Target ETF (MSTU) has a higher volatility of 43.88% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that MSTU's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSTU	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	43.88%	0.09%	+43.79%
Volatility (6M) Calculated over the trailing 6-month period	113.60%	0.40%	+113.20%
Volatility (1Y) Calculated over the trailing 1-year period	141.98%	0.58%	+141.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	168.54%	0.87%	+167.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	168.54%	0.87%	+167.67%

MSTU vs. BAMU - Expense Ratio Comparison

MSTU has a 1.05% expense ratio, which is lower than BAMU's 1.09% expense ratio.

Dividends

MSTU vs. BAMU - Dividend Comparison

MSTU has not paid dividends to shareholders, while BAMU's dividend yield for the trailing twelve months is around 3.05%.

Position	TTM	2025	2024	2023
BAMU Brookstone Ultra-Short Bond ETF	3.05%	3.20%	3.97%	0.84%
MSTU T-Rex 2X Long MSTR Daily Target ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSTU and BAMU in my portfolio?

MSTU and BAMU have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSTU or BAMU?

MSTU has higher volatility (43.88%) compared to BAMU (0.09%). In terms of maximum drawdown, MSTU dropped -98.95% vs BAMU's -0.36%.

Which ETF is better, MSTU or BAMU?

On 1-year performance, BAMU leads with 2.91% vs -96.32% for MSTU. On fees, MSTU is cheaper at 1.05% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSTU or BAMU?

Over the 1-year period, BAMU has performed better with a 2.91% return vs -96.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSTU or BAMU?

MSTU is cheaper with a 1.05% expense ratio, compared with 1.09% for BAMU.

Which ETF pays a higher dividend yield, MSTU or BAMU?

BAMU has the higher dividend yield at 3.05%, compared with 0.00% for MSTU.

What is the main difference between MSTU and BAMU?

MSTU is categorized as Leveraged Equities, while BAMU is Ultrashort Bond. They also come from different issuers: T-Rex and Brookstone. Their fees differ too: 1.05% for MSTU and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (5.01 vs -0.68), 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.