PSCT vs. MSTZ

Last updated Jul 12, 2026

PSCT (Invesco S&P SmallCap Information Technology ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - PSCT is a Technology Equities fund tracking the S&P SmallCap 600 Information Technology Index, while MSTZ is a Inverse Equities fund actively managed by REX. PSCT is passively managed, while MSTZ is actively managed. Over the past year, PSCT returned 79.13% vs 264.10% for MSTZ. At a correlation of -0.44, they often move in opposite directions. PSCT charges 0.29%/yr vs 1.05%/yr for MSTZ.

Performance

PSCT vs. MSTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Information Technology ETF (PSCT) 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, PSCT achieves a 48.34% return, which is significantly higher than MSTZ's -26.97% return.

PSCT

• 1D: -0.13%
• 1M: -3.06%
• 6M: 40.49%
• YTD: 48.34%
• 1Y: 79.13%
• 3Y*: 20.00%
• 5Y*: 12.56%
• 10Y*: 15.98%

MSTZ

• 1D: -1.53%
• 1M: 39.32%
• 6M: -19.19%
• YTD: -26.97%
• 1Y: 264.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCT vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PSCT Invesco S&P SmallCap Information Technology ETF	48.34%	18.63%	3.36%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-26.97%	-38.95%	-94.43%

Correlation

The correlation between PSCT and MSTZ is -0.44, 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	-0.44
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	-0.44

Return for Risk

PSCT vs. MSTZ — Risk / Return Rank

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

PSCT

PSCT Risk / Return Rank: 86
PSCT Sharpe Ratio Rank: 88
PSCT Sortino Ratio Rank: 79
PSCT Omega Ratio Rank: 76
PSCT Calmar Ratio Rank: 93
PSCT Martin Ratio Rank: 93

MSTZ

MSTZ Risk / Return Rank: 60
MSTZ Sharpe Ratio Rank: 61
MSTZ Sortino Ratio Rank: 62
MSTZ Omega Ratio Rank: 63
MSTZ Calmar Ratio Rank: 71
MSTZ Martin Ratio Rank: 43

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.

PSCT vs. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Information Technology ETF (PSCT) 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.

	PSCT	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	2.29	1.64	+0.65
Sortino ratio: Return per unit of downside risk	2.79	2.34	+0.45
Omega ratio: Gain probability vs. loss probability	1.36	1.30	+0.05
Calmar ratio: Return relative to maximum drawdown	5.12	2.86	+2.26
Martin ratio: Return relative to average drawdown	19.22	5.59	+13.64

PSCT vs. MSTZ - Sharpe Ratio Comparison

The current PSCT Sharpe Ratio is 2.29, which is higher than the MSTZ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of PSCT 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

PSCT vs. MSTZ - Drawdown Comparison

The maximum PSCT drawdown since its inception was -40.44%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for PSCT and MSTZ.

Drawdown Indicators

	PSCT	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-99.38%	+58.94%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-84.89%	+70.09%
Max Drawdown (3Y) Largest decline over 3 years	-33.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	—	—
Current Drawdown Current decline from peak	-9.14%	-97.51%	+88.37%
Average Drawdown Average peak-to-trough decline	-7.89%	-94.53%	+86.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	43.41%	-39.43%

Volatility

PSCT vs. MSTZ - Volatility Comparison

The current volatility for Invesco S&P SmallCap Information Technology ETF (PSCT) is 14.05%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 56.46%. This indicates that PSCT 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

	PSCT	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.05%	56.46%	-42.41%
Volatility (6M) Calculated over the trailing 6-month period	25.57%	135.20%	-109.63%
Volatility (1Y) Calculated over the trailing 1-year period	33.16%	148.41%	-115.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.50%	171.17%	-142.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.01%	171.17%	-144.16%

PSCT vs. MSTZ - Expense Ratio Comparison

PSCT has a 0.29% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

PSCT vs. MSTZ - Dividend Comparison

Neither PSCT nor MSTZ has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSCT Invesco S&P SmallCap Information Technology ETF	0.00%	0.02%	0.01%	0.02%	0.00%	0.01%	0.08%	0.22%	0.47%	0.19%	0.25%	0.15%

Frequently Asked Questions

Can I hold both PSCT and MSTZ in my portfolio?

PSCT and MSTZ have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCT or MSTZ?

MSTZ has higher volatility (56.46%) compared to PSCT (14.05%). In terms of maximum drawdown, PSCT dropped -40.44% vs MSTZ's -99.38%.

Which ETF is better, PSCT or MSTZ?

On 1-year performance, MSTZ leads with 264.10% vs 79.13% for PSCT. On fees, PSCT is cheaper at 0.29% per year. On volatility, PSCT has been the lower-risk option at 14.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCT or MSTZ?

Over the 1-year period, MSTZ has performed better with a 264.10% return vs 79.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCT or MSTZ?

PSCT is cheaper with a 0.29% expense ratio, compared with 1.05% for MSTZ.

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

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

What is the main difference between PSCT and MSTZ?

PSCT is categorized as Technology Equities, while MSTZ is Inverse Equities. They also come from different issuers: Invesco and REX. Their fees differ too: 0.29% for PSCT and 1.05% for MSTZ.

Which has better risk-adjusted returns?

PSCT currently has the higher Sharpe Ratio (2.29 vs 1.64), 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.