MSTZ vs. WTIU

Last updated Jun 24, 2026

MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) and WTIU (MicroSectors Energy 3X Leveraged ETN) are both exchange-traded funds - MSTZ is a Inverse Equities fund actively managed by REX, while WTIU is a Leveraged Equities fund tracking the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). MSTZ is actively managed, while WTIU is passively managed. Over the past year, MSTZ returned 138.79% vs 40.86% for WTIU. At a correlation of -0.10, they often move in opposite directions. MSTZ charges 1.05%/yr vs 0.95%/yr for WTIU.

Performance

MSTZ vs. WTIU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) and MicroSectors Energy 3X Leveraged ETN (WTIU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSTZ achieves a -28.57% return, which is significantly lower than WTIU's 48.25% return.

MSTZ

• 1D: 10.06%
• 1M: 102.15%
• YTD: -28.57%
• 6M: -23.10%
• 1Y: 138.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WTIU

• 1D: 1.81%
• 1M: -23.04%
• YTD: 48.25%
• 6M: 48.93%
• 1Y: 40.86%
• 3Y*: 0.71%
• 5Y*: —
• 10Y*: —

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

MSTZ vs. WTIU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-28.57%	-38.95%	-94.43%
WTIU MicroSectors Energy 3X Leveraged ETN	48.25%	-17.13%	-19.63%

Correlation

The correlation between MSTZ and WTIU is -0.03, 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	-0.03
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	-0.10

Return for Risk

MSTZ vs. WTIU — Risk / Return Rank

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

MSTZ

MSTZ Risk / Return Rank: 34
MSTZ Sharpe Ratio Rank: 28
MSTZ Sortino Ratio Rank: 41
MSTZ Omega Ratio Rank: 40
MSTZ Calmar Ratio Rank: 35
MSTZ Martin Ratio Rank: 26

WTIU

WTIU Risk / Return Rank: 20
WTIU Sharpe Ratio Rank: 18
WTIU Sortino Ratio Rank: 22
WTIU Omega Ratio Rank: 21
WTIU Calmar Ratio Rank: 20
WTIU Martin Ratio Rank: 20

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.

MSTZ vs. WTIU - 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 MicroSectors Energy 3X Leveraged ETN (WTIU). 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	WTIU	Difference
Sharpe ratio: Return per unit of total volatility	0.97	0.60	+0.37
Sortino ratio: Return per unit of downside risk	1.98	1.19	+0.79
Omega ratio: Gain probability vs. loss probability	1.25	1.14	+0.11
Calmar ratio: Return relative to maximum drawdown	1.64	0.87	+0.77
Martin ratio: Return relative to average drawdown	3.27	2.30	+0.97

MSTZ vs. WTIU - Sharpe Ratio Comparison

The current MSTZ Sharpe Ratio is 0.97, which is higher than the WTIU Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of MSTZ and WTIU, 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

MSTZ vs. WTIU - Drawdown Comparison

The maximum MSTZ drawdown since its inception was -99.38%, which is greater than WTIU's maximum drawdown of -75.73%. Use the drawdown chart below to compare losses from any high point for MSTZ and WTIU.

Drawdown Indicators

	MSTZ	WTIU	Difference
Max Drawdown Largest peak-to-trough decline	-99.38%	-75.73%	-23.65%
Max Drawdown (1Y) Largest decline over 1 year	-84.89%	-47.07%	-37.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-75.73%	—
Current Drawdown Current decline from peak	-97.57%	-47.45%	-50.12%
Average Drawdown Average peak-to-trough decline	-94.45%	-39.19%	-55.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.87%	17.80%	+25.07%

Volatility

MSTZ vs. WTIU - Volatility Comparison

T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a higher volatility of 42.31% compared to MicroSectors Energy 3X Leveraged ETN (WTIU) at 23.51%. This indicates that MSTZ's price experiences larger fluctuations and is considered to be riskier than WTIU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSTZ	WTIU	Difference
Volatility (1M) Calculated over the trailing 1-month period	42.31%	23.51%	+18.80%
Volatility (6M) Calculated over the trailing 6-month period	127.64%	56.01%	+71.63%
Volatility (1Y) Calculated over the trailing 1-year period	143.71%	68.81%	+74.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	169.81%	70.79%	+99.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	169.81%	70.79%	+99.02%

MSTZ vs. WTIU - Expense Ratio Comparison

MSTZ has a 1.05% expense ratio, which is higher than WTIU's 0.95% expense ratio.

Dividends

MSTZ vs. WTIU - Dividend Comparison

Neither MSTZ nor WTIU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MSTZ and WTIU in my portfolio?

MSTZ and WTIU have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSTZ or WTIU?

MSTZ has higher volatility (42.31%) compared to WTIU (23.51%). In terms of maximum drawdown, MSTZ dropped -99.38% vs WTIU's -75.73%.

Which ETF is better, MSTZ or WTIU?

On 1-year performance, MSTZ leads with 138.79% vs 40.86% for WTIU. On fees, WTIU is cheaper at 0.95% per year. On volatility, WTIU has been the lower-risk option at 23.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSTZ or WTIU?

Over the 1-year period, MSTZ has performed better with a 138.79% return vs 40.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSTZ or WTIU?

WTIU is cheaper with a 0.95% expense ratio, compared with 1.05% for MSTZ.

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

MSTZ and WTIU have nearly identical dividend yields, around 0.00%.

What is the main difference between MSTZ and WTIU?

MSTZ is categorized as Inverse Equities, while WTIU is Leveraged Equities. Their fees differ too: 1.05% for MSTZ and 0.95% for WTIU.

Which has better risk-adjusted returns?

MSTZ currently has the higher Sharpe Ratio (0.97 vs 0.60), 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.