MST — Defiance Leveraged Long Plus Income MSTR ETF
Data updated: 2026-08-28
MST — Defiance Leveraged Long Plus Income MSTR ETF. United States Value Equity · $11.67M AUM. Holdings, fees, performance and SEC filings.
MST Fund Overview
MST — Defiance Leveraged Long Plus Income MSTR ETF is a US ETF managed by Tidal Trust II, categorised as United States Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Tidal Trust II
- Category: United States Value Equity
- Assets under management: $11.67M
- 1-year return: -97.0%
- Ticker: MST
- SEC CIK: 0001924868
- SEC series ID: S000090830
- Share class ID: C000258199
MST Holdings
Top 4 holdings of Defiance Leveraged Long Plus Income MSTR ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 21.37% |
| Treasury Bill | 10.27% |
| First American Government Obli | 8.67% |
| BNY Dreyfus Government Cash Ma | 0.64% |
MST Portfolio Allocation
Asset-class allocation of Defiance Leveraged Long Plus Income MSTR ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 31.6% |
| Derivatives | 21.2% |
| Cash & Equivalents | 9.3% |
MST Performance
Total returns for MST (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -76.2% |
| 1 year | -97.0% |
MST Risk Information
Risk metrics for MST, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 107.3%
MST Costs and Fees
MST costs about $191 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.91%
- Gross expense ratio: 2.02%
- Portfolio turnover: 0%
- Brokerage commissions: 65.07 bps of average net assets (SEC N-CEN)
MST Cashflows
Over the 12 months to 2026-06, Defiance Leveraged Long Plus Income MSTR ETF had net inflows of $85.14M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $6.59M |
| 2026-05 | $1.97M |
| 2026-04 | −$539.68K |
| 2026-03 | $2.63M |
| 2026-02 | $8.68M |
| 2026-01 | $4.54M |
MST Debt Constituents
Largest debt holdings of Defiance Leveraged Long Plus Income MSTR ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 21.37% |
| Treasury Bill | 10.27% |
MST Prospectus and SEC Filings
Official Defiance Leveraged Long Plus Income MSTR ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.