MST vs VOO
Defiance Leveraged Long + Income MSTR ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MST | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.31% | 0.03% | |
| AUM | $14M | $979.0B | |
| Dividend Yield | 3.43% | 1.09% | |
| Holdings | 13 | 509 | |
| YTD Return | -73.08% | +13.44% | |
| 1Y Return | -95.96% | +22.62% | |
| 3Y Return (annualized) | - | +21.47% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 107.3% | 14.1% | |
| Max Drawdown | -97.7% | -34.3% | |
| Fund Family | Defiance ETFs, LLC | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | May 1, 2025 | Sep 7, 2010 |
MST vs VOO Performance
Defiance Leveraged Long + Income MSTR ETF (MST) is a ETF from Defiance ETFs, LLC and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MST returned -95.96% while VOO returned +22.62%. Year to date, MST is down 73.08% versus a gain of 13.44% for VOO.
Risk: Volatility and Drawdowns
MST has been the more volatile fund, with annualized monthly volatility of 107.3% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -97.7% for MST and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MST charges 1.31% per year while VOO charges 0.03%. On a $10,000 position that is $131 vs $3 annually, a gap of $128 per year that compounds over a long holding period. On income, MST currently yields 3.43% against 1.09% for VOO.
Holdings Overlap
MST and VOO share 0 holdings out of 508 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MST or VOO?
MST has an expense ratio of 1.31% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $128 per year of difference.
Which performed better, MST or VOO?
Over the past year MST returned -95.96% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), MST annualized -92.24% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, MST or VOO?
MST has been the more volatile fund at 107.3% annualized versus 14.1% for VOO. Worst drawdown: MST -97.7% vs VOO -34.3%.
Should I hold both MST and VOO?
MST and VOO have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MST and VOO?
MST and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, MST or VOO?
MST yields 3.43% while VOO yields 1.09%, so MST currently pays the higher dividend yield.
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