Leveraged fund (2x, by its name). The stated multiple applies to one day. It resets daily, so returns over longer periods can differ a lot from the multiple, and the figures below describe the past only.
Issuer and category are assigned by StocksXray rules from the fund name. Expense ratio and net assets come from SEC filings; where a fund does not file them (for example grantor trusts) the field stays empty.
Returns and risk
1 month
−28.1%
3 months
+67.7%
6 months
−58.4%
Year to date
−58.3%
1 year
−89.7%
3 years a year
n/a
5 years a year
n/a
10 years a year
n/a
Volatility (1 year)
162.9%
Largest drop, last year
−96.0%
Largest drop in our data
−99.4%
Total return includes distributions, from end-of-day prices adjusted for splits and distributions, to 22 Oct 2026. Periods of 3 years and longer are annualised and shown only when the fund's history is long enough. Volatility is the standard deviation of daily returns over the last year, annualised. Past performance does not guarantee future results.
Cost: expense ratio
1.05% a year
On $10,000 invested that is about $105 a year in fund costs, taken out of the fund's assets.
Source: the fund's prospectus, as filed with the SEC on 29 Dec 2025 (risk/return summary data). Brokerage commissions and the bid-ask spread are separate costs.
Cash paid per current share (restated for share splits), before tax, from EODHD.
MSTU top holdings
#
Holding
Weight
1
STRATEGY INC
6.00%
2
STRATEGY INC
0.79%
3
STRATEGY INC
0.68%
4
The Laddered T-Bill ETF
0.00%
5
STRATEGY INC
-0.39%
6
STRATEGY INC
-0.91%
7
STRATEGY INC
-3.86%
8
STRATEGY INC
-6.99%
The top 10 make up -4.7% of the fund, out of 8 holdings.
Positions as of 31 May 2026, from the fund's Form N-PORT filed with the SEC. Public N-PORT holdings are quarter-end positions published about 60 days later, so they can be months old and the fund may have changed since.
Funds of the same category, nearest in trading size. Similar does not mean equivalent: check holdings and costs.
MSTU: frequently asked questions
What is MSTU?
MSTU is the T-REX 2X Long MSTR Daily Target ETF, issued by REX / Tidal, listed on BATS. By our rules it is classed as "Leveraged". Its latest SEC filing lists 8 holdings.
What is the expense ratio of MSTU?
MSTU charges 1.05% a year, according to its prospectus filed with the SEC on 29 Dec 2025. On $10,000 that is about $105 a year in fund costs.
Does MSTU pay dividends?
Yes. MSTU paid 0.29 per share over the last 12 months, annual, a trailing yield of 0.84% on today's price. The latest ex-dividend date was 25 Aug 2026.
What does MSTU hold?
The largest holdings in the latest SEC filing are STRATEGY INC (6.0%), STRATEGY INC (0.8%), STRATEGY INC (0.7%). The top 10 together make up -4.7% of the fund.
How has MSTU performed?
Total return including distributions to 22 Oct 2026: 1 year −89.7%. Past performance does not guarantee future results.
Is MSTU leveraged?
By its name MSTU aims for 2x the daily return of its target. The multiple resets every day, so returns over weeks or months can differ a lot from the stated multiple, and losses can compound. Funds like this are designed for short holding periods.
Where the numbers come from
Prices and distributions end-of-day data from EODHD; returns are our own calculations from it.
Expense ratio and holdings SEC filings (prospectus risk/return data and Form N-PORT).
Category, issuer and leverage assigned by StocksXray rules from the fund name.
X-Ray look-through our scores applied to the SEC holdings.
StocksXray is for education only and is not financial advice or a recommendation to buy or sell anything. Past performance does not guarantee future results; funds can lose value.
