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MSTZ vs SKHZ

T-REX 2X Inverse MSTR Daily Target ETF

MSTZBCboe

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.30pt a year

MSTZ1.05%SKHZ0.75%

Avg volume · 30D

MSTZ 18.4×the volume

MSTZ34.9MSKHZ1.9M

MSTZ vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

−72.4%MSTZ−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. MSTZ −72.4%. SKHZ −15.5%. Use the arrow keys to read each point.−60%−40%0%Jul 2026Sep 2026Oct 2026
Expense ratio
MSTZ 1.05%
SKHZ 0.75%, better
Fund size
MSTZ $75M
SKHZ $4M
1Y total return
MSTZ −50.7%
SKHZ No data
Holdings
MSTZ 2
SKHZ 2
Avg volume (30D)
MSTZ 34.9M sh, better
SKHZ 1.9M sh
NAV per share
MSTZ $2.85
SKHZ $11.21
52W range

ETF.net Grade

MSTZ: Cost 65, Risk 47, Mission 88, Tradability 62, Holdings not scored, Durability 68. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for MSTZ, SKHZ, with each pillar’s weight
PillarMSTZSKHZ
Cost30% weightB65A100Higher
Mission25% weightA88Not scored
Risk15% weightC47A75Higher
Tradability15% weightB62A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB68HigherF20

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MSTZ and SKHZ are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

SKHZ ranks 3rd and MSTZ 17th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  5. Rank 15BTSLZT-REX 2X Inverse Tesla Daily Target ETFScore 68
  6. Rank 17BMSTZT-REX 2X Inverse MSTR Daily Target ETFScore 67
  7. Rank 18BPLTZDaily Target 2X Short PLTR ETFScore 65

Our read on each fund

ETF.net Research

MSTZBT-REX 2X Inverse MSTR Daily Target ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

MSTZ A double-inverse day trade on MicroStrategy in a single ticker. MSTZ aims to deliver -2x MSTR's move each day, resets every night, and charges less than the typical single-stock bear fund. Built for short holds, by design.

SKHZ No data

Stated mandate

MSTZ The fund seeks inverse leveraged daily investment results tied to MSTR and is designed for short-term trading.

SKHZ No data

Why people hold it

  • MSTZ Puts a -2x MSTR position in one ticker: no margin account, no share borrow to arrange, and as a 1940 Act fund you can't lose more than you put in.rexshares.com
  • At 1.05%, it undercuts the typical fee in its single-stock bear cohort. Fees bite hardest on a product you keep trading in and out of.
  • One of the more heavily traded names in the single-stock bear group, which is what keeps spreads and exit liquidity workable for short holds.
  • Hits its stated daily -2x target closely, one of the tighter implementations among single-stock bear funds.

SKHZ No data

Worth knowing

  • MSTZ The -2x is a one-day target that resets each night. Hold through a choppy stretch and results can land far from -2x the period move, either direction.rexshares.com
  • Two times the inverse of one volatile stock means violent sessions. The fund's own materials frame it as a short-term trading tool needing daily attention.rexshares.com
  • Launched in 2024, so the record covers a limited run of market conditions, and it pays no regular distribution. Price direction is the whole return.

SKHZ No data

Full MSTZ profile⁠

Full SKHZ profile⁠

MSTZ vs SKHZ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MSTZ vs SKHZ Cost

Overpaying MSTZ vs SKHZ

$5,013

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MSTZ 1.05%

    $19,495

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • MSTZ 1.05%
  • SKHZ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MSTZ $19,495SKHZ $14,482

Year by year

YearMSTZSKHZOverpaying
10$1,847$1,336$511
20$6,927$5,078$1,849
30$19,495$14,482$5,013

Expense ratio

  • 1.05%MSTZ
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

MSTZ 20th cheapest of 43 funds

MSTZ vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
MSTZ None
SKHZ None

Distribution history

MSTZAll MSTZ payments⁠

No distribution history available.

SKHZAll SKHZ payments⁠

No distribution history available.

MSTZ vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MSTZ 185.8%since Oct 2024SKHZ No data
Return per unit of riskSharpe ratio, 3 years
MSTZ −0.21since Oct 2024SKHZ No data
Worst fallMax drawdown, 5 years
MSTZ −99.5%since Sep 2024SKHZ No data
Market sensitivityBeta, 5 years
MSTZ −3.35SKHZ 0.00

Popular comparisons

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    T-REX 2X Inverse MSTR Daily Target ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    1.05% · 0.96%
    Category
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  • SKHZAvsAAPDA

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    0.75% · 0.96%
    Category
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  • MSTZBvsTSDDA

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  • SKHZAvsTSDDA

    Leverage Shares 1X Short SK Hynix Daily ETF · GraniteShares 2x Short TSLA Daily ETF

    Expense ratio
    0.75% · 0.98%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MSTZBvsTSLSA

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    Expense ratio
    1.05% · 0.95%
    Category
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  • SKHZAvsTSLSA

    Leverage Shares 1X Short SK Hynix Daily ETF · Direxion Daily TSLA Bear 1X ETF

    Expense ratio
    0.75% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.