MSTZ vs. YQQQ

Last updated Jun 4, 2026

MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) and YQQQ (YieldMax Short N100 Option Income Strategy ETF) are both exchange-traded funds - MSTZ is a Inverse Equities fund actively managed by REX, while YQQQ is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, MSTZ returned 94.24% vs -14.25% for YQQQ. At a 0.50 correlation, their price movements are largely independent. MSTZ charges 1.05%/yr vs 0.99%/yr for YQQQ.

Performance

MSTZ vs. YQQQ - 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 YieldMax Short N100 Option Income Strategy ETF (YQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSTZ achieves a -46.88% return, which is significantly lower than YQQQ's -8.94% return.

MSTZ

• 1D: 14.02%
• 1M: 86.49%
• YTD: -46.88%
• 6M: -23.06%
• 1Y: 94.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: 0.06%
• 1M: -7.64%
• YTD: -8.94%
• 6M: -6.62%
• 1Y: -14.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSTZ vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-46.88%	-38.95%	-94.26%
YQQQ YieldMax Short N100 Option Income Strategy ETF	-8.94%	-9.97%	-3.71%

Correlation

The correlation between MSTZ and YQQQ is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Sep 19, 2024	0.50

Return for Risk

MSTZ vs. YQQQ — Risk / Return Rank

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

MSTZ

MSTZ Risk / Return Rank: 26
MSTZ Sharpe Ratio Rank: 20
MSTZ Sortino Ratio Rank: 32
MSTZ Omega Ratio Rank: 34
MSTZ Calmar Ratio Rank: 24
MSTZ Martin Ratio Rank: 20

YQQQ

YQQQ Risk / Return Rank: 1
YQQQ Sharpe Ratio Rank: 1
YQQQ Sortino Ratio Rank: 1
YQQQ Omega Ratio Rank: 1
YQQQ Calmar Ratio Rank: 3
YQQQ Martin Ratio Rank: 1

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. YQQQ - 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 YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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.

	MSTZ	YQQQ	Difference
Sharpe ratio: Return per unit of total volatility	0.68	-1.14	+1.82
Sortino ratio: Return per unit of downside risk	1.74	-1.55	+3.29
Omega ratio: Gain probability vs. loss probability	1.23	0.83	+0.40
Calmar ratio: Return relative to maximum drawdown	1.12	-0.69	+1.80
Martin ratio: Return relative to average drawdown	2.35	-1.68	+4.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSTZ vs. YQQQ - Sharpe Ratio Comparison

The current MSTZ Sharpe Ratio is 0.68, which is higher than the YQQQ Sharpe Ratio of -1.14. The chart below compares the historical Sharpe Ratios of MSTZ and YQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MSTZ	YQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	-1.14	+1.82
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	-0.77	+0.24

Drawdowns

MSTZ vs. YQQQ - Drawdown Comparison

The maximum MSTZ drawdown since its inception was -99.36%, which is greater than YQQQ's maximum drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for MSTZ and YQQQ.

Drawdown Indicators

	MSTZ	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-99.36%	-28.21%	-71.15%
Max Drawdown (1Y) Largest decline over 1 year	-84.89%	-20.82%	-64.07%
Current Drawdown Current decline from peak	-98.14%	-28.17%	-69.97%
Average Drawdown Average peak-to-trough decline	-94.39%	-14.22%	-80.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.30%	8.52%	+31.78%

Volatility

MSTZ vs. YQQQ - Volatility Comparison

T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a higher volatility of 37.49% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 3.90%. This indicates that MSTZ's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSTZ	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.49%	3.90%	+33.59%
Volatility (6M) Calculated over the trailing 6-month period	125.82%	9.87%	+115.95%
Volatility (1Y) Calculated over the trailing 1-year period	140.34%	12.51%	+127.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	170.37%	16.26%	+154.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	170.37%	16.26%	+154.11%

MSTZ vs. YQQQ - Expense Ratio Comparison

MSTZ has a 1.05% expense ratio, which is higher than YQQQ's 0.99% expense ratio.

Dividends

MSTZ vs. YQQQ - Dividend Comparison

MSTZ has not paid dividends to shareholders, while YQQQ's dividend yield for the trailing twelve months is around 31.75%.

Position	TTM	2025	2024
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%	0.00%
YQQQ YieldMax Short N100 Option Income Strategy ETF	31.75%	31.71%	7.88%

Frequently Asked Questions

Can I hold both MSTZ and YQQQ in my portfolio?

MSTZ and YQQQ have a correlation of 0.49, 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 YQQQ?

MSTZ has higher volatility (37.49%) compared to YQQQ (3.90%). In terms of maximum drawdown, MSTZ dropped -99.36% vs YQQQ's -28.21%.

Which ETF is better, MSTZ or YQQQ?

On 1-year performance, MSTZ leads with 94.24% vs -14.25% for YQQQ. On fees, YQQQ is cheaper at 0.99% per year. On volatility, YQQQ has been the lower-risk option at 3.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSTZ or YQQQ?

Over the 1-year period, MSTZ has performed better with a 94.24% return vs -14.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSTZ or YQQQ?

YQQQ is cheaper with a 0.99% expense ratio, compared with 1.05% for MSTZ.

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

YQQQ has the higher dividend yield at 31.75%, compared with 0.00% for MSTZ.

What is the main difference between MSTZ and YQQQ?

MSTZ is categorized as Inverse Equities, while YQQQ is Derivative Income. They also come from different issuers: REX and YieldMax. Their fees differ too: 1.05% for MSTZ and 0.99% for YQQQ.

Which has better risk-adjusted returns?

MSTZ currently has the higher Sharpe Ratio (0.68 vs -1.14), 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.