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 −97.57% over the past year and −80.31% YTD, with dividends reinvested. Since Aug. 15, 2024, MSTX is down −95.03% in real purchasing-power return, or −77.78%/yr, and is currently −99.41% below its real total-return high on Nov. 20, 2024.

Data ending Fri Aug. 14, 2026

Growth of $10,000

Thu 2024-08-15💬 to Fri 2026-08-14 Overall
Return 		Exponential
Trendline
MSTX × 		−95.03%
−77.78%/yr 		−86.64%/yr
R2=0.728
Defiance Daily Target 1.75x Long MSTR ETF NASDAQ Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2024-08-15💬 to Fri 2026-08-14 Start
Value 		End
Value
MSTX × 		$10,000.00
2024-08-15 		$496.61
2026-08-14

This Year’s Performance

through 2026-08-14

  YTD YoY
MSTX × 		−80.31% −97.57%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MSTX × 		−99.41%
on 2026-08-14
from 2024-11-20 peak 		−99.49%
on 2026-06-26
from 2024-11-20 peak

Rolling Returns

Period ending Fri 2026-08-14 1 yr 2 yr 3 yr 5 yr 10 yr
MSTX × 		−97.57% — — — —

Annual Returns

Year MSTX
2026 (YTD) −80.31%
2025 −89.34%
2024 +136.66%