Summary
MST
Prices · period metrics · 12M
NAV as of 31/08/2026
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: 31/08/2026

Current price: $12.80

Expense ratio: 1.91%

Assets under management
$13.0M
5.18% daily change

Period performance

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

Adjusted return
--
--

Performance metrics

Period total return

63.44%

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

-38.20%

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

-37.64%

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: 02/09/2025 - 31/08/2026.

Methodology: adjusted prices + daily simple return
Average daily return

-0.59%

Best day

49.606%

06/02/2026
Worst day

-32.447%

05/02/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
31/08/2026 $12.17 $12.84 $11.61 $12.80 96,500
28/08/2026 $13.26 $13.47 $11.69 $11.88 141,400
27/08/2026 $12.17 $14.19 $12.00 $13.80 143,800
26/08/2026 $11.74 $12.03 $11.37 $11.75 80,600
25/08/2026 $11.13 $12.62 $11.06 $12.34 160,000
24/08/2026 $11.45 $12.50 $11.20 $11.70 245,600
21/08/2026 $11.25 $11.56 $10.76 $11.10 127,800
20/08/2026 $10.36 $10.40 $9.61 $10.16 206,300
19/08/2026 $7.73 $9.28 $7.73 $8.96 231,200
18/08/2026 $8.03 $8.19 $7.55 $7.55 92,800