MSTX

Tidal Trust II Defiance Daily Target 2x Long MSTR ETF

$7.32

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Tidal Trust II Defiance Daily Target 2x Long MSTR ETF (MSTX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the MSTR stock.

Overview

ETF tracking Tidal Trust II Defiance Daily Target 2x Long MSTR ETF

Category Leveraged

Issuer Other

Inception Date 2024-08-15

Market Cap $216.3M

Average Volume N/A

Dividend Yield 197.10%

52-Week Range $7.32 - $171.80

VWAP $7.40

Performance

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Investment Summary

📎 Investment Objective

The Tidal Trust II Defiance Daily Target 2x Long MSTR ETF (MSTX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the MSTR stock.

🎯 Investment Strategy

The ETF uses a combination of financial instruments, such as derivatives, to seek to achieve its daily 2x leveraged investment objective. It does not seek to achieve its stated investment objective over any period of time other than daily.

✨ Key Features

Provides 2x daily leveraged exposure to the MSTR stock
Resets leverage daily, so performance may not match 2x the underlying over longer periods
Relatively new ETF with limited performance history
Expense ratio of 0.00%

⚠️ Primary Risks

Leveraged funds can experience significant losses in a short period of time
Daily rebalancing can cause returns to deviate from the target multiple over time
Lack of long-term performance history makes it difficult to evaluate
Low assets under management may indicate limited liquidity

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors who understand the unique risks of leveraged funds and are seeking short-term, speculative exposure to the MSTR stock. It is not recommended for long-term buy-and-hold investors.