OMAH vs. MSTZ

Last updated Jul 14, 2026

OMAH (VistaShares Target 15™ Berkshire Select Income ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - OMAH is a Derivative Income fund actively managed by VistaShares, while MSTZ is a Inverse Equities fund actively managed by REX. Both are actively managed. Over the past year, OMAH returned 13.01% vs 282.56% for MSTZ. At a correlation of -0.23, they often move in opposite directions. OMAH charges 0.95%/yr vs 1.05%/yr for MSTZ.

Performance

OMAH vs. MSTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15™ Berkshire Select Income ETF (OMAH) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OMAH achieves a 9.21% return, which is significantly higher than MSTZ's -23.27% return.

OMAH

• 1D: 0.53%
• 1M: 2.66%
• 6M: 9.10%
• YTD: 9.21%
• 1Y: 13.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTZ

• 1D: 5.07%
• 1M: 46.38%
• 6M: -9.68%
• YTD: -23.27%
• 1Y: 282.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OMAH vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025
OMAH VistaShares Target 15™ Berkshire Select Income ETF	9.21%	6.55%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-23.27%	-20.08%

Correlation

The correlation between OMAH and MSTZ is -0.16, 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	-0.16
Correlation (All Time) Calculated using the full available price history since Mar 5, 2025	-0.23

Return for Risk

OMAH vs. MSTZ — Risk / Return Rank

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

OMAH

OMAH Risk / Return Rank: 67
OMAH Sharpe Ratio Rank: 60
OMAH Sortino Ratio Rank: 60
OMAH Omega Ratio Rank: 57
OMAH Calmar Ratio Rank: 90
OMAH Martin Ratio Rank: 70

MSTZ

MSTZ Risk / Return Rank: 68
MSTZ Sharpe Ratio Rank: 76
MSTZ Sortino Ratio Rank: 67
MSTZ Omega Ratio Rank: 68
MSTZ Calmar Ratio Rank: 80
MSTZ Martin Ratio Rank: 49

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.

OMAH vs. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15™ Berkshire Select Income ETF (OMAH) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). 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.

	OMAH	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	1.59	1.92	-0.33
Sortino ratio: Return per unit of downside risk	2.24	2.45	-0.21
Omega ratio: Gain probability vs. loss probability	1.28	1.32	-0.04
Calmar ratio: Return relative to maximum drawdown	4.35	3.35	+1.00
Martin ratio: Return relative to average drawdown	10.23	6.53	+3.70

OMAH vs. MSTZ - Sharpe Ratio Comparison

The current OMAH Sharpe Ratio is 1.59, which is comparable to the MSTZ Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of OMAH and MSTZ, 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

OMAH vs. MSTZ - Drawdown Comparison

The maximum OMAH drawdown since its inception was -11.83%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for OMAH and MSTZ.

Drawdown Indicators

	OMAH	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	-11.83%	-99.38%	+87.55%
Max Drawdown (1Y) Largest decline over 1 year	-3.00%	-84.89%	+81.89%
Current Drawdown Current decline from peak	0.00%	-97.39%	+97.39%
Average Drawdown Average peak-to-trough decline	-1.25%	-94.53%	+93.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.27%	43.51%	-42.24%

Volatility

OMAH vs. MSTZ - Volatility Comparison

The current volatility for VistaShares Target 15™ Berkshire Select Income ETF (OMAH) is 2.75%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 56.56%. This indicates that OMAH experiences smaller price fluctuations and is considered to be less risky than MSTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OMAH	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.75%	56.56%	-53.81%
Volatility (6M) Calculated over the trailing 6-month period	5.73%	135.11%	-129.38%
Volatility (1Y) Calculated over the trailing 1-year period	8.21%	148.53%	-140.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.92%	171.02%	-158.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.92%	171.02%	-158.10%

OMAH vs. MSTZ - Expense Ratio Comparison

OMAH has a 0.95% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

OMAH vs. MSTZ - Dividend Comparison

OMAH's dividend yield for the trailing twelve months is around 14.94%, while MSTZ has not paid dividends to shareholders.

Position	TTM	2025
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	14.94%	12.86%

Frequently Asked Questions

Can I hold both OMAH and MSTZ in my portfolio?

OMAH and MSTZ have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OMAH or MSTZ?

MSTZ has higher volatility (56.56%) compared to OMAH (2.75%). In terms of maximum drawdown, OMAH dropped -11.83% vs MSTZ's -99.38%.

Which ETF is better, OMAH or MSTZ?

On 1-year performance, MSTZ leads with 282.56% vs 13.01% for OMAH. On fees, OMAH is cheaper at 0.95% per year. On volatility, OMAH has been the lower-risk option at 2.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OMAH or MSTZ?

Over the 1-year period, MSTZ has performed better with a 282.56% return vs 13.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OMAH or MSTZ?

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

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

OMAH has the higher dividend yield at 14.94%, compared with 0.00% for MSTZ.

What is the main difference between OMAH and MSTZ?

OMAH is categorized as Derivative Income, while MSTZ is Inverse Equities. They also come from different issuers: VistaShares and REX. Their fees differ too: 0.95% for OMAH and 1.05% for MSTZ.

Which has better risk-adjusted returns?

MSTZ currently has the higher Sharpe Ratio (1.92 vs 1.59), 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.