MSTU vs. MSTX
Compare and contrast key facts about T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Defiance Daily Target 2X Long MSTR ETF (MSTX).
MSTU and MSTX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSTU is an actively managed fund by T-Rex. It was launched on Sep 18, 2024. MSTX is an actively managed fund by Defiance. It was launched on Aug 14, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTU or MSTX.
Correlation
The correlation between MSTU and MSTX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MSTU vs. MSTX - Performance Comparison
Key characteristics
MSTU:
224.13%
MSTX:
205.93%
MSTU:
-70.40%
MSTX:
-71.87%
MSTU:
-48.86%
MSTX:
-50.49%
Returns By Period
The year-to-date returns for both investments are quite close, with MSTU having a 72.76% return and MSTX slightly higher at 75.98%.
MSTU
72.76%
10.90%
N/A
N/A
N/A
N/A
MSTX
75.98%
11.96%
N/A
N/A
N/A
N/A
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MSTU vs. MSTX - Expense Ratio Comparison
MSTU has a 1.05% expense ratio, which is lower than MSTX's 1.29% expense ratio.
Risk-Adjusted Performance
MSTU vs. MSTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Defiance Daily Target 2X Long MSTR ETF (MSTX). 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.
Not enough dataDividends
MSTU vs. MSTX - Dividend Comparison
MSTU has not paid dividends to shareholders, while MSTX's dividend yield for the trailing twelve months is around 23.30%.
| TTM | 2024 | |
|---|---|---|
MSTU T-Rex 2X Long MSTR Daily Target ETF | 0.00% | 0.00% |
MSTX Defiance Daily Target 2X Long MSTR ETF | 23.30% | 41.01% |
Drawdowns
MSTU vs. MSTX - Drawdown Comparison
The maximum MSTU drawdown since its inception was -70.40%, roughly equal to the maximum MSTX drawdown of -71.87%. Use the drawdown chart below to compare losses from any high point for MSTU and MSTX. For additional features, visit the drawdowns tool.
Volatility
MSTU vs. MSTX - Volatility Comparison
T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Defiance Daily Target 2X Long MSTR ETF (MSTX) have volatilities of 66.67% and 66.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.