Summary
MSTQ
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 31.81% Volatility 16.35% Sharpe 1.27
Official loaded data — not a live quote.

LHA MARKET STATE TACTICAL Q ETF

Symbol: MSTQ

Exchange: BATS

Sector: Technology

Category: Equity Hedged

Inception date: 14/03/2022

Latest date: 03/06/2026

Current price: $40.53

Expense ratio: 1.55%

Assets under management
$36.0M
0.21% 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

9.02%

Ann. -29.18% (Sharpe / Sortino numerator)

Volatility

15.60%

Sharpe ratio

-2.103

VaR 95%

-1.32%

CVaR 95%: -1.57%
Max drawdown: -7.09%
Sortino ratio: -4.425
Calmar ratio: -4.12

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

20.00%

Ann. -14.88% (Sharpe / Sortino numerator)

Volatility

14.81%

Sharpe ratio

-1.250

VaR 95%

-1.51%

CVaR 95%: -1.74%
Max drawdown: -10.13%
Sortino ratio: -2.161
Calmar ratio: -1.47

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

15.69%

Ann. -8.40% (Sharpe / Sortino numerator)

Volatility

16.07%

Sharpe ratio

-0.749

VaR 95%

-1.97%

CVaR 95%: -2.29%
Max drawdown: -12.39%
Sortino ratio: -1.048
Calmar ratio: -0.68

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

31.81%

Ann. 24.39% (Sharpe / Sortino numerator)

Volatility

16.35%

Sharpe ratio

1.270

VaR 95%

-1.73%

CVaR 95%: -2.29%
Max drawdown: -12.39%
Sortino ratio: 1.851
Calmar ratio: 1.97

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

56.30%

Ann. 13.31% (Sharpe / Sortino numerator)

Volatility

17.13%

Sharpe ratio

0.565

VaR 95%

-1.98%

CVaR 95%: -2.51%
Max drawdown: -15.22%
Sortino ratio: 0.781
Calmar ratio: 0.87

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

90.92%

Ann. 18.90% (Sharpe / Sortino numerator)

Volatility

16.24%

Sharpe ratio

0.940

VaR 95%

-1.69%

CVaR 95%: -2.32%
Max drawdown: -15.22%
Sortino ratio: 1.342
Calmar ratio: 1.24

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: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.114%

Best day

2.437%

08/04/2026
Worst day

-3.356%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $40.44 $40.63 $40.44 $40.53 2,600
02/06/2026 $40.52 $40.63 $40.51 $40.61 1,800
01/06/2026 $40.37 $40.52 $40.37 $40.42 6,100
29/05/2026 $40.24 $40.30 $40.18 $40.23 2,200
28/05/2026 $40.03 $40.16 $40.03 $40.16 1,400
27/05/2026 $39.75 $39.86 $39.75 $39.77 1,600
26/05/2026 $39.74 $39.81 $39.74 $39.81 1,100
22/05/2026 $39.09 $39.13 $39.09 $39.13 100
21/05/2026 $38.85 $39.14 $38.85 $38.98 4,300
20/05/2026 $39.04 $39.04 $39.01 $39.01 1,000