Strategy-Linked Leveraged ETFs Fall Over 80% Year-to-Date as Underlying Stock Drops 46%

Two leveraged exchange-traded funds tied to Strategy have each fallen 82% year-to-date, according to The Kobeissi Letter. According to NS3.AI, the 2x long leveraged ETFs MSTX and MSTU are both down 82% over that period. The update also said MSTP has declined 81% year-to-date. Over the same period, Strategy stock has fallen 46%, the post added.