VTHR vs. MSTZ

Last updated Jul 12, 2026

VTHR (Vanguard Russell 3000 ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - VTHR is a Large Cap Blend Equities fund tracking the Russell 3000 Index, while MSTZ is a Inverse Equities fund actively managed by REX. VTHR is passively managed, while MSTZ is actively managed. Over the past year, VTHR returned 22.51% vs 264.10% for MSTZ. At a correlation of -0.48, they often move in opposite directions. VTHR charges 0.06%/yr vs 1.05%/yr for MSTZ.

Performance

VTHR vs. MSTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Russell 3000 ETF (VTHR) 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, VTHR achieves a 11.66% return, which is significantly higher than MSTZ's -26.97% return.

VTHR

• 1D: 0.31%
• 1M: 2.01%
• 6M: 9.32%
• YTD: 11.66%
• 1Y: 22.51%
• 3Y*: 20.56%
• 5Y*: 12.08%
• 10Y*: 14.71%

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)

VTHR vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VTHR Vanguard Russell 3000 ETF	11.66%	16.99%	4.80%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-26.97%	-38.95%	-94.43%

Correlation

The correlation between VTHR and MSTZ is -0.49, 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	-0.49
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	-0.48

Return for Risk

VTHR vs. MSTZ — Risk / Return Rank

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

VTHR

VTHR Risk / Return Rank: 66
VTHR Sharpe Ratio Rank: 65
VTHR Sortino Ratio Rank: 64
VTHR Omega Ratio Rank: 64
VTHR Calmar Ratio Rank: 62
VTHR Martin Ratio Rank: 74

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.

VTHR vs. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 3000 ETF (VTHR) 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.

	VTHR	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.64	+0.08
Sortino ratio: Return per unit of downside risk	2.39	2.34	+0.05
Omega ratio: Gain probability vs. loss probability	1.31	1.30	0.00
Calmar ratio: Return relative to maximum drawdown	2.47	2.86	-0.40
Martin ratio: Return relative to average drawdown	10.83	5.59	+5.24

VTHR vs. MSTZ - Sharpe Ratio Comparison

The current VTHR Sharpe Ratio is 1.71, which is comparable to the MSTZ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of VTHR 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

VTHR vs. MSTZ - Drawdown Comparison

The maximum VTHR drawdown since its inception was -34.61%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for VTHR and MSTZ.

Drawdown Indicators

	VTHR	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	-34.61%	-99.38%	+64.77%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-84.89%	+75.98%
Max Drawdown (3Y) Largest decline over 3 years	-19.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.06%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.61%	—	—
Current Drawdown Current decline from peak	-0.05%	-97.51%	+97.46%
Average Drawdown Average peak-to-trough decline	-4.02%	-94.53%	+90.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	43.41%	-41.38%

Volatility

VTHR vs. MSTZ - Volatility Comparison

The current volatility for Vanguard Russell 3000 ETF (VTHR) is 4.19%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 56.46%. This indicates that VTHR 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

	VTHR	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	56.46%	-52.27%
Volatility (6M) Calculated over the trailing 6-month period	10.13%	135.20%	-125.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.83%	148.41%	-135.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.39%	171.17%	-153.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.82%	171.17%	-153.35%

VTHR vs. MSTZ - Expense Ratio Comparison

VTHR has a 0.06% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

VTHR vs. MSTZ - Dividend Comparison

VTHR's dividend yield for the trailing twelve months is around 1.02%, while MSTZ has not 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%
VTHR Vanguard Russell 3000 ETF	1.02%	1.08%	1.19%	1.47%	1.52%	1.16%	1.37%	1.65%	1.89%	1.63%	1.82%	1.84%

Frequently Asked Questions

Can I hold both VTHR and MSTZ in my portfolio?

VTHR and MSTZ 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, VTHR or MSTZ?

MSTZ has higher volatility (56.46%) compared to VTHR (4.19%). In terms of maximum drawdown, VTHR dropped -34.61% vs MSTZ's -99.38%.

Which ETF is better, VTHR or MSTZ?

On 1-year performance, MSTZ leads with 264.10% vs 22.51% for VTHR. On fees, VTHR is cheaper at 0.06% per year. On volatility, VTHR has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTHR or MSTZ?

Over the 1-year period, MSTZ has performed better with a 264.10% return vs 22.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTHR or MSTZ?

VTHR is cheaper with a 0.06% expense ratio, compared with 1.05% for MSTZ.

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

VTHR has the higher dividend yield at 1.02%, compared with 0.00% for MSTZ.

What is the main difference between VTHR and MSTZ?

VTHR is categorized as Large Cap Blend Equities, while MSTZ is Inverse Equities. They also come from different issuers: Vanguard and REX. Their fees differ too: 0.06% for VTHR and 1.05% for MSTZ.

Which has better risk-adjusted returns?

VTHR currently has the higher Sharpe Ratio (1.71 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.