TSII vs. MSTZ

Last updated Jun 24, 2026

TSII (REX TSLA Growth & Income ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - TSII is a Leveraged Equities fund actively managed by REX, while MSTZ is a Inverse Equities fund actively managed by REX. Both are actively managed. Over the past year, TSII returned 14.16% vs 138.79% for MSTZ. At a correlation of -0.45, they often move in opposite directions. TSII charges 0.99%/yr vs 1.05%/yr for MSTZ.

Performance

TSII vs. MSTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX TSLA Growth & Income ETF (TSII) 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, TSII achieves a -17.18% return, which is significantly higher than MSTZ's -28.57% return.

TSII

• 1D: -8.05%
• 1M: -11.96%
• YTD: -17.18%
• 6M: -23.93%
• 1Y: 14.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTZ

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

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

TSII vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-17.18%	39.41%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-28.57%	265.67%

Correlation

The correlation between TSII 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 Jun 4, 2025	-0.45

Return for Risk

TSII vs. MSTZ — Risk / Return Rank

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

TSII

TSII Risk / Return Rank: 14
TSII Sharpe Ratio Rank: 13
TSII Sortino Ratio Rank: 14
TSII Omega Ratio Rank: 14
TSII Calmar Ratio Rank: 14
TSII Martin Ratio Rank: 14

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

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.

TSII vs. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) 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.

	TSII	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	0.32	0.97	-0.65
Sortino ratio: Return per unit of downside risk	0.73	1.98	-1.25
Omega ratio: Gain probability vs. loss probability	1.09	1.25	-0.16
Calmar ratio: Return relative to maximum drawdown	0.49	1.64	-1.15
Martin ratio: Return relative to average drawdown	1.10	3.27	-2.17

TSII vs. MSTZ - Sharpe Ratio Comparison

The current TSII Sharpe Ratio is 0.32, which is lower than the MSTZ Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of TSII 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

TSII vs. MSTZ - Drawdown Comparison

The maximum TSII drawdown since its inception was -29.03%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for TSII and MSTZ.

Drawdown Indicators

	TSII	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-99.38%	+70.35%
Max Drawdown (1Y) Largest decline over 1 year	-29.03%	-84.89%	+55.86%
Current Drawdown Current decline from peak	-24.32%	-97.57%	+73.25%
Average Drawdown Average peak-to-trough decline	-9.92%	-94.45%	+84.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.86%	42.87%	-30.01%

Volatility

TSII vs. MSTZ - Volatility Comparison

The current volatility for REX TSLA Growth & Income ETF (TSII) is 16.81%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 42.31%. This indicates that TSII 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

	TSII	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.81%	42.31%	-25.50%
Volatility (6M) Calculated over the trailing 6-month period	30.34%	127.64%	-97.30%
Volatility (1Y) Calculated over the trailing 1-year period	44.60%	143.71%	-99.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.24%	169.81%	-122.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.24%	169.81%	-122.57%

TSII vs. MSTZ - Expense Ratio Comparison

TSII has a 0.99% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

TSII vs. MSTZ - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 81.88%, while MSTZ has not paid dividends to shareholders.

Position	TTM	2025
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%
TSII REX TSLA Growth & Income ETF	81.88%	32.17%

Frequently Asked Questions

Can I hold both TSII and MSTZ in my portfolio?

TSII 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, TSII or MSTZ?

MSTZ has higher volatility (42.31%) compared to TSII (16.81%). In terms of maximum drawdown, TSII dropped -29.03% vs MSTZ's -99.38%.

Which ETF is better, TSII or MSTZ?

On 1-year performance, MSTZ leads with 138.79% vs 14.16% for TSII. On fees, TSII is cheaper at 0.99% per year. On volatility, TSII has been the lower-risk option at 16.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSII or MSTZ?

Over the 1-year period, MSTZ has performed better with a 138.79% return vs 14.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSII or MSTZ?

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

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

TSII has the higher dividend yield at 81.88%, compared with 0.00% for MSTZ.

What is the main difference between TSII and MSTZ?

TSII is categorized as Leveraged Equities, while MSTZ is Inverse Equities. Their fees differ too: 0.99% for TSII and 1.05% for MSTZ.

Which has better risk-adjusted returns?

MSTZ currently has the higher Sharpe Ratio (0.97 vs 0.32), 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.