Summary
MST
Prices · period metrics · 12M
NAV as of 02/06/2026
30/05/2025 → 28/05/2026
Return -91.10% Volatility 124.32% Sharpe -0.75
Official loaded data — not a live quote.

DEFIANCE LEVERAGED LONG + INCOME MSTR ETF

Symbol: MST

Exchange: NASDAQ

Sector: N/A

Category: Trading--Miscellaneous

Inception date: 01/05/2025

Latest date: 02/06/2026

Current price: $19.53

Expense ratio: 1.31%

Assets under management
$29.5M
-8.09% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-43.60%

Ann. -90.81% (Sharpe / Sortino numerator)

Volatility

108.61%

Sharpe ratio

-0.870

VaR 95%

-10.40%

CVaR 95%: -11.00%
Max drawdown: -37.35%
Sortino ratio: -1.630
Calmar ratio: -2.43

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-15.71%

Ann. 13.05% (Sharpe / Sortino numerator)

Volatility

112.17%

Sharpe ratio

0.084

VaR 95%

-10.03%

CVaR 95%: -10.53%
Max drawdown: -37.35%
Sortino ratio: 0.183
Calmar ratio: 0.35

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-54.46%

Ann. -65.74% (Sharpe / Sortino numerator)

Volatility

139.63%

Sharpe ratio

-0.497

VaR 95%

-10.40%

CVaR 95%: -18.19%
Max drawdown: -67.80%
Sortino ratio: -0.765
Calmar ratio: -0.97

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-91.10%

Ann. -89.27% (Sharpe / Sortino numerator)

Volatility

124.32%

Sharpe ratio

-0.747

VaR 95%

-14.14%

CVaR 95%: -18.36%
Max drawdown: -94.99%
Sortino ratio: -1.090
Calmar ratio: -0.94

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 02/06/2025 - 02/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

-0.649%

Best day

49.607%

06/02/2026
Worst day

-32.447%

05/02/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
02/06/2026 $21.25 $21.25 $18.73 $19.53 177,900
01/06/2026 $23.43 $24.46 $21.97 $23.38 53,500
29/05/2026 $23.08 $26.86 $22.80 $26.12 53,300
28/05/2026 $22.96 $24.36 $21.56 $23.88 71,200
27/05/2026 $25.27 $25.61 $24.54 $24.65 62,800
26/05/2026 $26.93 $28.47 $26.39 $26.56 54,900
22/05/2026 $27.88 $28.38 $26.38 $26.48 88,200
21/05/2026 $27.87 $29.10 $27.45 $28.21 48,000
20/05/2026 $28.45 $29.46 $28.12 $28.46 43,500
19/05/2026 $28.00 $29.33 $28.00 $28.34 54,800