MST ETF

MST ETF
$13.80
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Fund Essentials - as of Aug 6, 2026

Net Assets
$14M
Expense Ratio
1.91%
Dividend Yield (Current)
189.58%
Holdings
13
Inception Date
May 1, 2025
Fund Family
Defiance ETFs, LLC
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD-72.60%
1 Year-96.22%

Asset Allocation

Bonds: 16.36%
Other: 171.87%
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Top Holdings

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TickerNameWeight
-Strategy Inc Swap Cantor53.40%
-Rfr USD Sofr/3.75000 09/17/25-2Y Lch52.59%
-Strategy Inc Swap Marex51.93%
-Sold ILS Bought USD 2026061716.53%
-United States Treasury 0.0 08/27/2026 0 2026-08-2712.86%
Top 10 Concentration: 199.87%Report Date: Aug 6, 2026
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Dividend Summary

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Dividend Yield (Current)
189.58%
Frequency
Monthly
Latest Distribution
$0.07
Aug 12, 2026
12M Distributions
49 payments
Total: $6.59

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

MST ETF Overview

MST ETF (Defiance Leveraged Long + Income MSTR ETF) is managed by Defiance ETFs, LLC with $13.8M in net assets. MST expense ratio is 1.91%, holding 13 positions across sectors including Financials. Inception date: 2025-05-01.

MST performance shows a YTD return of -72.60%. The 1-year return is -96.22%. MST dividend yield stands at 189.58%, paid monthly.

MST top holdings include Strategy Inc Swap Cantor (53.4%), Rfr USD Sofr/3.75000 09/17/25-2Y Lch (52.6%), Strategy Inc Swap Marex (51.9%), Sold ILS Bought USD 20260617 (16.5%), United States Treasury 0.0 08/27/2026 0 2026-08-27 (12.9%). Go to all MST holdings, MST sectors, or MST dividends.

MST can be compared against other funds. Use MST overlap to find shared positions, or MST vs another fund for a side-by-side view. MST alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
+14.95%
YTD
-72.60%
1 Year
-96.22%
3 Year
N/A

Top 10 Holdings (net long exposure of 187% (≈2x))

#TickerNameSectorWeight
1-Strategy Inc Swap CantorOther53.40%
2-Rfr USD Sofr/3.75000 09/17/25-2Y LchOther52.59%
3-Strategy Inc Swap MarexOther51.93%
4-Sold ILS Bought USD 20260617Other16.53%
5-United States Treasury 0.0 08/27/2026 0 2026-08-27Other12.86%
6DGCXXDreyfus Govt Cash Man InsFinancials5.96%
7-United States Treasury Bill 02/18/2027Other3.49%
8FGXXXFirst American Government Obligations FundFinancials2.59%
9-Mstr Us 08/07/26 C105Other0.51%
10-Forward Foreign Currency ContractOther0.01%