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MSTX ETF · Defiance Daily Target 2X Long MSTR ETF
The MSTX Exchange Traded Fund (ETF) is provided by Defiance ETFs. It is built to track an index: MSTR Price. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). This share class generates a stream of income by distributing dividends.
Last update Today at 1:30 PM UTC
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CLOSED
This fund is part ofLeveraged Equity1M perf.-4.28%
Last price
$2.48
1M perf.
+0.98%
1M flows
+€26M
AuM
€240M
E/R
1.31%
Rating
Not rated
ESG Consensus®
MSTX
$2.48
Performance & flows
December 10, 2025 → March 10, 2026
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MSTX
$2.49
-57.79%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.98% | -57.79% | -87.09% | N/A | N/A | +11.08% | -35.26% | -35.26% | |
| Flows |
Key fund info
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
88636J253
ISIN
US88636J2539
AuM
€240M
E/R
1.31%
Replication rating
Not rated
ESG Consensus®
More details
NAV
3/10/2026
$2.49
1D NAV change
-0.79%
Dividend policy
Replication method
Indirect
Replication model
Unfunded swap
No. of holdings
N/A
Inception date
8/14/2024
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The Defiance Daily Target 2X Long MSTR ETF (the “Fund”) seeks daily leveraged investment results of 2 (200%) the daily percentage change in the share price of MicroStrategy Incorporated (Nasdaq: MSTR) (the “Underlying Security” or “MSTR”).
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -57.79% | -87.09% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
No
SDG
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Defiance ETFs
Defiance ETFs ID Card
Number of funds
67
Total AuM
€6.61B
Expense ratio range
0.3% - 1.43%
Average expense ratio
1.1896%
Top 5 funds by Defiance ETFs
| AuM | ||
|---|---|---|
QTUM | Defiance Quantum ETF | €3.04B |
SIXG | Defiance Connective Technologies ETF | €604M |
MSTX | Defiance Daily Target 2X Long MSTR ETF | €240M |
IRE | Defiance Daily Target 2X Long IREN ETF | €210M |
AIPO | Defiance AI & Power Infrastructure ETF | €210M |
Frequently asked questions about MSTX
What does Defiance Daily Target 2X Long MSTR ETF, MSTX, invest in?
MSTX is a Passive ETF. This ETF provides leveraged exposure (2x) to Equities.
Which benchmark or index does MSTX replicate?
MSTX tracks the MSTR Price - USD, through a unfunded swap replication method.
What is the Total Expense ratio (TER) of MSTX?
MSTX carries a total expense ratio (TER) of 1.31%, indicating the annual cost for holding the fund.
When was MSTX launched?
MSTX was introduced to the market on August 14, 2024. It trades on United States
Who is the ETF issuer of MSTX?
Defiance Daily Target 2X Long MSTR ETF, MSTX, is provided by Defiance ETFs. Learn more about Defiance ETFs here.
What is the current assets under management (AUM) of MSTX?
MSTX oversees €240M in assets as of March 10, 2026.
How has MSTX performed lately?
Based on data from March 10, 2026, MSTX returned 0.98% over the past month, -57.79% over the last three months and -35.26% year-to-date.
What are the latest inflows or outflows for MSTX?
As of March 10, 2026, MSTX recorded net flows of +€27M over the last month and +€115M year-to-date.
Does MSTX distribute dividends?
MSTX follows a distributing dividend policy, meaning it pays out income to investors.
What is the base currency of MSTX?
The base currency of MSTX is USD.
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