All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

MST: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

MST real return snapshot: after CPI-U inflation, MST returned −87.51% over the past year and −46.31% YTD, with dividends reinvested. Since May 2, 2025, MST is down −93.48% in real purchasing-power return, or −85.03%/yr, and is currently −94.30% below its real total-return high on Jul. 16, 2025.

Data ending Fri Oct. 9, 2026

Growth of $10,000

Fri 2025-05-02💬 to Fri 2026-10-09 Overall
Return 		Exponential
Trendline
MST × 		−93.48%
−85.03%/yr 		−92.82%/yr
R2=0.888
Defiance Leveraged Long + Income MSTR ETF NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Fri 2025-05-02💬 to Fri 2026-10-09 Start
Value 		End
Value
MST × 		$10,000.00
2025-05-02 		$652.46
2026-10-09

This Year’s Performance

through 2026-10-09

  YTD YoY
MST × 		−46.31% −87.51%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MST × 		−94.30%
on 2026-10-09
from 2025-07-16 peak 		−97.76%
on 2026-06-26
from 2025-07-16 peak

Rolling Returns

Period ending Fri 2026-10-09 1 yr 2 yr 3 yr 5 yr 10 yr
MST × 		−87.51% — — — —

Annual Returns

Year MST
2026 (YTD) −46.31%
2025 −87.85%