Leveraged Long + Income MSTR ETF (MST)
Leveraged Long + Income MSTR ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $8.01, down 2.06% on the session, giving a market capitalisation of $765,226. Its beta of 5.11 implies it has historically moved more than the broad market.
The Defiance Daily Target 1.5X Long MSTR ETF (referred to as 'the Fund') is designed to deliver investment outcomes that are one-and-a-half times (150%) the daily percentage movement of MicroStrategy Incorporated (Nasdaq: MSTR) stock. Due to its strategy of seeking amplified daily returns, this Fund operates distinctly from conventional exchange-traded funds, and there is no assurance that it will consistently achieve its stated daily objective. Crucially, investors should not anticipate that the Fund will generate 1.5 times the cumulative performance of MSTR over any period exceeding a single trading day, as the leverage applies strictly to daily fluctuations.
Leveraged Long + Income MSTR ETF is most often compared with the following Financial Services names: