Daily Target 2X Long MSTR ETF

Frequently Asked Questions About MSTX

What are the top holdings of MSTX?

Daily Target 2X Long MSTR ETF holds 10 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does MSTX have?

MSTX holds 10 positions as reported by the fund's most recent disclosure.

What sectors does MSTX invest in?

Daily Target 2X Long MSTR ETF (MSTX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is MSTX most exposed to?

MSTX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is MSTX a US-only fund?

The country allocation card on this page shows MSTX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does MSTX invest in?

The Defiance Daily Target 2X Long MSTR ETF (referred to as "the Fund") is designed to deliver daily investment returns that are two times (200%) the daily percentage change in the share price of MicroStrategy Incorporated (Nasdaq: MSTR). Distinct from most traditional exchange-traded funds, this Fund employs a leveraged, daily-resetting strategy, and there is no guarantee it will consistently meet its stated daily objective. Investors should be aware that its cumulative performance over periods longer than a single day will very likely not be double the cumulative return of MSTR.