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 −96.03% over the past year and −72.53% YTD, with dividends reinvested. Since May 2, 2025, MST is down −96.66% in real purchasing-power return, or −93.00%/yr, and is currently −97.08% below its real total-return high on Jul. 16, 2025.

Data ending Wed Aug. 12, 2026

Growth of $10,000

Fri 2025-05-02💬 to Wed 2026-08-12 Overall
Return 		Exponential
Trendline
MST × 		−96.66%
−93.00%/yr 		−95.01%/yr
R2=0.925
Defiance Leveraged Long + Income MSTR ETF NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Fri 2025-05-02💬 to Wed 2026-08-12 Start
Value 		End
Value
MST × 		$10,000.00
2025-05-02 		$333.86
2026-08-12

This Year’s Performance

through 2026-08-12

  YTD YoY
MST × 		−72.53% −96.03%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MST × 		−97.08%
on 2026-08-12
from 2025-07-16 peak 		−97.76%
on 2026-06-26
from 2025-07-16 peak

Rolling Returns

Period ending Wed 2026-08-12 1 yr 2 yr 3 yr 5 yr 10 yr
MST × 		−96.03% — — — —

Annual Returns

Year MST
2026 (YTD) −72.53%
2025 −87.85%