MSTZ vs. MSTR
MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) is Inverse Equities fund actively managed by REX, while MSTR (Strategy Inc) is a stock. Over the past year, MSTZ returned 119.74% vs -70.39% for MSTR. At a correlation of -1.00, they often move in opposite directions.
Performance
MSTZ vs. MSTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MSTZ achieves a -35.10% return, which is significantly lower than MSTR's -27.96% return.
MSTZ
- 1D
- 5.10%
- 1M
- 83.66%
- YTD
- -35.10%
- 6M
- -24.64%
- 1Y
- 119.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTR
- 1D
- -2.73%
- 1M
- -31.54%
- YTD
- -27.96%
- 6M
- -33.39%
- 1Y
- -70.39%
- 3Y*
- 49.27%
- 5Y*
- 14.63%
- 10Y*
- 20.25%
MSTZ vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MSTZ T-REX 2X Inverse MSTR Daily Target ETF | -35.10% | -38.95% | -94.43% |
MSTR Strategy Inc | -27.96% | -47.53% | 120.63% |
Correlation
The correlation between MSTZ and MSTR is -1.00, 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 | -1.00 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024 | -1.00 |
The correlation between MSTZ and MSTR has been stable across timeframes, ranging from -1.00 to -1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MSTZ vs. MSTR — Risk / Return Rank
MSTZ
MSTR
MSTZ vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) and Strategy Inc (MSTR). 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.
| MSTZ | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +3.75 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.80 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.92 | +2.34 |
| Martin ratioReturn relative to average drawdown | 2.81 | -1.30 | +4.12 |
Loading charts...
Drawdowns
MSTZ vs. MSTR - Drawdown Comparison
The maximum MSTZ drawdown since its inception was -99.38%, roughly equal to the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for MSTZ and MSTR.
Loading charts...
Drawdown Indicators
| MSTZ | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.38% | -99.86% | +0.48% |
Max Drawdown (1Y)Largest decline over 1 year | -84.89% | -76.53% | -8.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -77.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.27% | — |
Current DrawdownCurrent decline from peak | -97.79% | -76.90% | -20.89% |
Average DrawdownAverage peak-to-trough decline | -94.44% | -86.45% | -7.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.73% | 54.03% | -11.30% |
Volatility
MSTZ vs. MSTR - Volatility Comparison
T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a higher volatility of 41.90% compared to Strategy Inc (MSTR) at 21.83%. This indicates that MSTZ's price experiences larger fluctuations and is considered to be riskier than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MSTZ | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.90% | 21.83% | +20.07% |
Volatility (6M)Calculated over the trailing 6-month period | 127.30% | 57.40% | +69.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 143.69% | 72.01% | +71.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 169.83% | 90.54% | +79.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 169.83% | 73.91% | +95.92% |
Dividends
MSTZ vs. MSTR - Dividend Comparison
Neither MSTZ nor MSTR has paid dividends to shareholders.
Frequently Asked Questions
MSTZ and MSTR have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTZ has higher volatility (41.90%) compared to MSTR (21.83%). In terms of maximum drawdown, MSTZ dropped -99.38% vs MSTR's -99.86%.
MSTZ currently has the higher Sharpe Ratio (0.84 vs -0.98), 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.
Find the right allocation for MSTZ and MSTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer