MSTZ/ T-REX 2X Inverse MSTR Daily Target ETF
Comprehensive risk audit, payout history, and forward-looking dividend projections.
What This Page Shows
- Dividend yield and net yield after fees (0.00% vs 0.00%)
- Risk tier classification: Tier 5 High Octane
- TTM NAV change: -38.7%
- Income sustainability flags and payout history trends
DivAgent Audit Brief
MSTZ is a Tier 5 High Octane asset yielding 0.00%. It generates income through options on a volatile underlying asset. NAV fluctuations primarily reflect asset price movements, not structural erosion. Note: Price has changed -38.7% over the TTM, tracking underlying asset performance.
Provider
Rex Shares
Sector
Crypto
Asset Class
—
Expense Ratio
1.05%
AUM
$105.69M
Inception
—
Distribution
—
NAV Change (1Y)
-38.7%
Underlying Asset Volatility
This fund's NAV reflects the price movement of its underlying volatile assets (e.g., Bitcoin). The 38.7% NAV change is driven by asset price fluctuations, not structural erosion. Distributions are generated from options premiums, not principal liquidation.
Who Should Buy MSTZ?
MSTZ is best suited for Income Maximizers. The fund generates a 0.00% yield through collecting dividends from portfolio companies.
Speculative traders looking for short-term yield capture, willing to risk principal decay.
You are building a 'forever portfolio' and cannot tolerate NAV (share price) decline.
Quick Audit
- TypeTraditional Equity
- ComplexityHigh
- Tax EfficiencyLow (Ordinary Income)
- VolatilityModerate (Lower Beta)
Comparing stated yield to actual total return performance
Underlying Asset Note: This fund's NAV reflects the price movement of its underlying volatile assets (e.g., Bitcoin). The 38.7% NAV change is driven by asset price fluctuations, not structural erosion. Distributions are generated from options premiums, not principal liquidation.
Liquidity Warning: High Risk
MSTZ has high liquidity risk. You may experience wide bid-ask spreads and significant slippage when entering or exiting positions. Consider using limit orders and avoid market orders for large positions.
Institutional Data Locked
Advanced liquidity metrics for Tier 5 assets are available to Premium members.
Unlock MetricsDivAgent Analyst Verdict
“MSTZ is currently serving as a high-yield accelerator. Investors should be aware that a traditional equity holding that pays dividends from corporate earnings and cash flow. focused on long-term sustainability and potential dividend growth.”
Risk Profile Audit
Classified as high risk due to volatile underlying asset exposure. Price fluctuations primarily track the underlying asset (e.g., Bitcoin), not structural fund issues. Suitable for investors comfortable with asset volatility who want income generation.
Price Chart
Live DataCalculate Your Returns
Estimate income for MSTZ
~63.57 shares at $15.73
Estimates use the latest forecasted distribution and are not guarantees.
Track MSTZ in DivAgentVerified Payout History
Last 0 of 0 Payments| Ex-Dividend Date | Amount | Frequency | Status |
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Compare MSTZ Alternatives
See All ComparisonsMSTZ FAQ
Common questions about MSTZ dividends, safety, and performance
Institutional Analysis Context
This FAQ section provides institutional-grade analysis of MSTZ. DivAgent evaluates dividend ETFs using a proprietary 5-Tier Risk Spectrum that measures income sustainability, NAV erosion risk, and distribution source quality. Data is updated daily from market sources.
DivAgent Data Methodology
Risk Tier Classification
Our 5-Tier Risk Spectrum is not an editorial opinion. It is a quantitative scoring model derived from 36-month volatility, max drawdown depth, and option skew (for derivative funds). A "Tier 1" rating implies volatility comparable to short-term treasuries, while "Tier 5" indicates localized volatility exceeding the S&P 500.
NAV Erosion Calculation
We calculate "Erosion" by stripping out distribution payments to isolate the price performance of the underlying collateral. If a fund's share price drops by more than its distribution yield over a rolling 12-month period, it is flagged as eroding capital. This protects investors from "Yield Traps" that return their own principal as taxable income.
Yield vs. Income
DivAgent distinguishes between "SEC Yield" (standardized) and "Distribution Rate" (cash-on-cash). For option-income ETFs (e.g., Covered Calls), we prioritize the Trailing 12-Month (TTM) distribution rate as a more accurate reflection of realized income, while flagging that future payouts fluctuate with implied volatility.
Performance Benchmarking
All "Total Return" metrics differ from price return. We assume immediate reinvestment of all dividends (DRIP) on the pay date, with no tax friction. This "Net Total Return" metric allows for a true apples-to-apples comparison between high-yield/flat-price funds and low-yield/high-growth funds.