{"url":"https://etfiq.com/compare/leverage/mstu-vs-mstz","section":"compare","title":"MSTU vs MSTZ: which held to its multiple? | ETFIQ","description":"MSTU sets out to return +2 times MSTR each day and MSTZ -2 times. Over the three months to Sep 30, 2026 they finished \u221210.9 pts and +48.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, MSTU or MSTZ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, MSTU finished 10.9 points from what its multiple implies and MSTZ finished 48.5 points from its own, so MSTU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are MSTU and MSTZ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Strategy, MSTU at +2 times and MSTZ at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, MSTU or MSTZ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window MSTU\u2019s moved at 83% annualized and MSTZ\u2019s at 83%, so MSTU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold MSTU or MSTZ for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, MSTU or MSTZ?","acceptedAnswer":{"@type":"Answer","text":"MSTU charges 1.05% a year and MSTZ charges 1.05%, so MSTU is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"MSTU vs MSTZ","item":"https://etfiq.com/compare/leverage/mstu-vs-mstz"}]},{"@type":"WebPage","name":"MSTU vs MSTZ: which held to its multiple?","description":"MSTU sets out to return +2 times MSTR each day and MSTZ -2 times. Over the three months to Sep 30, 2026 they finished \u221210.9 pts and +48.5 pts away.","url":"https://etfiq.com/compare/leverage/mstu-vs-mstz","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, MSTU finished 13.1 points short and MSTZ 0.1 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MSTU and MSTZ","description":"MSTU sets out to return +2 times MSTR each day and MSTZ -2 times. Over the three months to Sep 30, 2026 they finished \u221210.9 pts and +48.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/mstu-vs-mstz","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7119,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / MSTU vs MSTZ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n MSTU vs MSTZ: which held to its multiple?\n\n Over three months against its own daily promise, MSTU finished 13.1 points short and MSTZ 0.1 points short.\n Copy this for sharing \n \n T-REX 2X LONG MSTR DAILY TARGET ETF and T-REX 2X INVERSE MSTR DAILY TARGET ETF.\n\n Download as PDF \n\n +117.0% MSTU returned, 3 months \n \u221279.3% MSTZ returned, 3 months \n \u221210.9 pts MSTU from its stated multiple \n +48.5 pts MSTZ from its stated multiple \n\n ETFIQ Decay Resistance Score: MSTZ scores h","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/mstu-vs-mstz","a":{"ticker":"MSTU","name":"T-REX 2X LONG MSTR DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MSTU returned +117.0% where its own daily promise gave +130.0%, 13.1 points short.","url":"https://etfiq.com/funds/mstu","key_facts":[{"label":"What MSTR did","value":"+63.9%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+130.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+117.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u221213.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$815m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.05%","as_of":"2026-09-30","source":"485BPOS XBRL, Dec 29, 2025"}]},"b":{"ticker":"MSTZ","name":"T-REX 2X INVERSE MSTR DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: MSTZ returned \u221279.3% where its own daily promise gave \u221279.2%, 0.1 points short.","url":"https://etfiq.com/funds/mstz","key_facts":[{"label":"What MSTR did","value":"+63.9%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221279.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221279.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$99m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.05%","as_of":"2026-09-30","source":"485BPOS XBRL, Dec 29, 2025"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/mstu-vs-mstz"}