Browse everything: Tickers A–Z · Issuers · Comparisons · Tags
MSTP ETF — GraniteShares 2x Long MSTR Daily ETF
GraniteShares 2x Long MSTR Daily ETF (MSTP)
Updated October 16, 2026.
MSTP is an ETF linked to Strategy (MSTR). its expense ratio is 1.50%. Total return is 862448.0% over the past 8.5 years, 861498.2 points ahead of MSTR at 949.8%.
GraniteShares 2x Long MSTR Daily ETF is an actively managed ETF that seeks to deliver twice the daily percentage change of Microstrategy stock (MSTR) through derivatives such as swaps and options, resetting its leverage exposure to approximately 200% of net asset value each trading day. The fund does not currently distribute income, carries an expense ratio of 1.50%, and is non-diversified. This security is designed for active traders seeking leveraged exposure to MSTR price movements on a daily basis, not for buy-and-hold income investors.
MSTP holdings and sector exposure
Holdings are not available for this snapshot.
Economic / reference exposure: MSTR (physical holdings below may be collateral and options, not the reference asset itself).
MSTP performance versus MSTR
Price and return data through 2026-10-16.
Total return is 862448.0% over the past 8.5 years, 861498.2 points ahead of MSTR at 949.8%. Over the past year its total return — price change plus distributions reinvested — is -90.2%. Its deepest 1-year drawdown was 95.9%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 8.7% | — |
| 3M | 67.2% | — |
| 6M | -46.5% | — |
| YTD | -60.6% | — |
| 1Y | -90.2% | — |
| Since inception (8.5 years) | 862448.0% | 191.20% |
MSTP key facts
- Issuer
- GraniteShares
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 06/09/2025
- Expense ratio
- 1.50%
- Distribution frequency
- None
- Last close
- $21.56 (as of 2026-10-16)
- AUM
- $17,974,243
- Average volume
- 59650.0
- Beta
- 6.0328
How Dividend Vision calculates yield and returns
Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: GraniteShares; Index: Strategy (MSTR); prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
MSTP risks and drawbacks
The deepest 1-year drawdown on record here is 95.9%.
Who may consider MSTP — and who may not
It is a weaker fit for investors who need monthly cash flow (MSTP does not currently distribute). This is educational context, not a recommendation to buy or sell.
More on MSTP
Frequently asked questions
Does MSTP pay monthly?
No. MSTP does not currently distribute.
What is MSTP linked to?
MSTP is linked to Strategy (MSTR), not a broad market index.
What is MSTP's expense ratio?
MSTP's expense ratio is 1.50%.
When does MSTP pay a dividend?
MSTP does not currently distribute.
How has MSTP performed?
Total return is 862448.0% over the past 8.5 years, 861498.2 points ahead of MSTR at 949.8%. Over the past year its total return — price change plus distributions reinvested — is -90.2%. Its deepest 1-year drawdown was 95.9%.
More securities from GraniteShares.
Tickers
Holdings as-of date unavailable.
| Ticker | Name | Weight |
|---|
See how this investment would fit into your portfolio.