All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

MST: Total Return Chart (with Dividends Reinvested)

MST total return snapshot: MST returned −87.56% over the past year and −34.84% YTD, with dividends reinvested. Since May 2, 2025, MST is down −92.00% in nominal total return, or −83.79%/yr, and is currently −93.06% below its total-return high on Jul. 16, 2025.

Data ending Mon Sep. 21, 2026

Growth of $10,000

Fri 2025-05-02💬 to Mon 2026-09-21 Overall
Return 		Exponential
Trendline
MST × 		−92.00%
−83.79%/yr 		−93.66%/yr
R2=0.908
Defiance Leveraged Long + Income MSTR ETF NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Fri 2025-05-02💬 to Mon 2026-09-21 Start
Value 		End
Value
MST × 		$10,000.00
2025-05-02 		$799.71
2026-09-21

This Year’s Performance

through 2026-09-21

  YTD YoY
MST × 		−34.84% −87.56%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MST × 		−93.06%
on 2026-09-21
from 2025-07-16 peak 		−97.68%
on 2026-06-26
from 2025-07-16 peak

Rolling Returns

Period ending Mon 2026-09-21 1 yr 2 yr 3 yr 5 yr 10 yr
MST × 		−87.56% — — — —

Annual Returns

Year MST
2026 (YTD) −34.84%
2025 −87.73%