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

Total Real Returns

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

MSTX real return snapshot: after CPI-U inflation, MSTX returned −89.22% over the past year and −70.51% YTD, with dividends reinvested. Since Aug. 15, 2024, MSTX is down −92.56% in real purchasing-power return, or −68.88%/yr, and is currently −99.12% below its real total-return high on Nov. 20, 2024.

Data ending Fri Nov. 6, 2026

Growth of $10,000

Thu 2024-08-15💬 to Fri 2026-11-06 Overall
Return 		Exponential
Trendline
MSTX × 		−92.56%
−68.88%/yr 		−86.07%/yr
R2=0.778
Defiance Daily Target 1.75x Long MSTR ETF NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2024-08-15💬 to Fri 2026-11-06 Start
Value 		End
Value
MSTX × 		$10,000.00
2024-08-15 		$743.97
2026-11-06

This Year’s Performance

through 2026-11-06

  YTD YoY
MSTX × 		−70.51% −89.22%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MSTX × 		−99.12%
on 2026-11-06
from 2024-11-20 peak 		−99.49%
on 2026-06-26
from 2024-11-20 peak

Rolling Returns

Period ending Fri 2026-11-06 1 yr 2 yr 3 yr 5 yr 10 yr
MSTX × 		−89.22% −97.28%
−83.51%/yr 		— — —

Annual Returns

Year MSTX
2026 (YTD) −70.51%
2025 −89.34%
2024 +136.66%