MST ETF

MST ETF
$14.28
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Fund Essentials - as of Sep 15, 2026

Net Assets
$30M
Expense Ratio
1.91%
Dividend Yield (Current)
196.33%
Holdings
23
Inception Date
May 1, 2025
Fund Family
Defiance ETFs, LLC
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Weekly
SEC 30-Day Yield
PRO

Performance

YTD-54.06%
1 Year-90.73%

Asset Allocation

Bonds: 23.38%
Other: 177.37%
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Top Holdings

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TickerNameWeight
-Strategy Inc Swap Marex56.25%
-Strategy Inc Swap Cantor55.28%
-Strategy Inc Swap Cs53.64%
-United States Treasury Bills, 3.615%, 11/19/202621.05%
-Mstr Us 09/18/26 C8014.52%
Top 10 Concentration: 207.11%Report Date: Sep 15, 2026
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Dividend Summary

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Dividend Yield (Current)
196.33%
Frequency
Weekly
Latest Distribution
$0.11
Sep 30, 2026
12M Distributions
50 payments
Total: $6.34

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 $29.5M in net assets. MST expense ratio is 1.91%, holding 23 positions across sectors including Financials. Inception date: 2025-05-01.

MST performance shows a YTD return of -54.06%. The 1-year return is -90.73%. MST dividend yield stands at 196.33%, paid weekly.

MST top holdings include Strategy Inc Swap Marex (56.3%), Strategy Inc Swap Cantor (55.3%), Strategy Inc Swap Cs (53.6%), United States Treasury Bills, 3.615%, 11/19/2026 (21.1%), Mstr Us 09/18/26 C80 (14.5%). 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
+67.64%
YTD
-54.06%
1 Year
-90.73%
3 Year
N/A

Top 10 Holdings (net long exposure of 179% (≈2x))

#TickerNameSectorWeight
1-Strategy Inc Swap MarexOther56.25%
2-Strategy Inc Swap CantorOther55.28%
3-Strategy Inc Swap CsOther53.64%
4-United States Treasury Bills, 3.615%, 11/19/2026Other21.05%
5-Mstr Us 09/18/26 C80Other14.52%
6-Mstr Us 09/18/26 C142Other2.22%
7-United States Treasury Bill 02/18/2027Other2.08%
8FGXXXFirst American Government Obligations FundFinancials1.79%
9DGCXXDreyfus Govt Cash Man InsFinancials0.24%
10-Strategy Cll Opt 09/26 147Other0.04%