# Defiance Daily Target 2X Short MSTR ETF (SMST)

> Source: Nexqual · https://nexqual.com/SMST · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Defiance Daily Target 2X Short MSTR ETF (SMST), nexqual.com/SMST" · informational, not investment advice.

**Price:** USD 13.12 (-0.46% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 13.18 · day 12.03–13.42 · 52w 10.7–154.16 · market cap null · NGM

## Key facts
- Total return with dividends: 1Y -60.6% vs S&P 500 +13.4%; 5Y -96.0% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2024-08-19) |
|---|---|---|
| Total return | -60.6% | -96.0% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -60.7% | -77.0% |
| Volatility (annualized) | 177.8% | 165.5% |
| Max drawdown | -92.5% (Feb 2026→Sep 2026) | -97.4% (Sep 2024→Sep 2026) |

## Peers
MSTZ (T-Rex 2X Inverse MSTR Daily Tar) USD 2.71 -0.00% · MSTU (T-Rex 2X Long MSTR Daily Target) USD 34.28 -0.03% · SBIT (ProShares UltraShort Bitcoin ET) USD 32.04 +0.44% · MSTX (Defiance Daily Target 2x Long M) USD 15.75 +0.19% · SMCX (Defiance Daily Target 2X Long S) USD 8.3 -5.03%

## More
Full page: https://nexqual.com/SMST · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt