ESSC vs MST

Comparison between EVENTIDE SMALL CAP ETF (ESSC, ETF) and DEFIANCE LEVERAGED LONG + INCOME MSTR ETF (MST, ETF).

ESSC vs MST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ESSC(ETF)	MST(ETF)
Net Assets	$28M	$27M
Expense Ratio	0.49%	N/A
Max Drawdown	60.33%	97.95%
Sharpe Ratio	0.95	-1.51
5Y Beta	1.21	4.70
P/E Ratio	74.69	N/A
Forward P/E	16.18	N/A
5Y EPS CAGR	8.30%	N/A
Debt to Equity	33.18%	N/A
P/S Ratio	1.75	N/A
P/B Ratio	2.40	N/A

Net Assets

Winner

ESSC

$28M

MST

$27M

Expense Ratio

ESSC

0.49%

MST

N/A

Max Drawdown

Winner

ESSC

60.33%

MST

97.95%

Sharpe Ratio

Winner

ESSC

0.95

MST

-1.51

5Y Beta

Winner

ESSC

1.21

MST

4.70

P/E Ratio

ESSC

74.69

MST

N/A

Forward P/E

ESSC

16.18

MST

N/A

5Y EPS CAGR

ESSC

8.30%

MST

N/A

Debt to Equity

ESSC

33.18%

MST

N/A

P/S Ratio

ESSC

1.75

MST

N/A

P/B Ratio

ESSC

2.40

MST

N/A

ESSC vs MST - Holdings Comparison

ESSC and MST have 0 common holdings. Overlap is 0.00%

ESSC's top 25 holdings weight is 20.83%. MST's top 25 holdings weight is 9.35%.

Rank	ESSC	MST
#1	REVOLUTION MEDICINES INC ORDINARY SHARES (RVMD) - 1.53%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 8.05%
#2	FLEX LTD (FLEX) - 1.49%	BNY DREYFUS GOVT CASH MGMT INSTL (DGCXX) - 1.30%
#3	STERLING INFRASTRUCTURE INC (STRL) - 1.19%	N/A
#4	ELEMENT SOLUTIONS INC (ESI) - 1.14%	N/A
#5	ARGAN INC (AGX) - 1.11%	N/A
#6	DIGITALOCEAN HOLDINGS INC (DOCN) - 1.05%	N/A
#7	CENTURY ALUMINUM CO (CENX) - 0.91%	N/A
#8	MODINE MANUFACTURING CO (MOD) - 0.83%	N/A
#9	ARCHROCK INC (AROC) - 0.79%	N/A
#10	ADVANCED ENERGY INDUSTRIES INC (AEIS) - 0.74%	N/A
#11	SYNAPTICS INC (SYNA) - 0.74%	N/A
#12	F N B CORP (FNB) - 0.71%	N/A
#13	LIBERTY ENERGY INC CLASS A (LBRT) - 0.70%	N/A
#14	GUARDANT HEALTH INC (GH) - 0.70%	N/A
#15	ROGERS CORP (ROG) - 0.68%	N/A
#16	DANA INC (DAN) - 0.67%	N/A
#17	ASSOCIATED BANC-CORP (ASB) - 0.67%	N/A
#18	SOUTHWEST GAS HOLDINGS INC (SWX) - 0.67%	N/A
#19	ICHOR HOLDINGS LTD (ICHR) - 0.66%	N/A
#20	HIGHWOODS PROPERTIES INC (HIW) - 0.66%	N/A
#21	NORTHWEST BANCSHARES INC (NWBI) - 0.66%	N/A
#22	CABOT CORP (CBT) - 0.65%	N/A
#23	ORMAT TECHNOLOGIES INC (ORA) - 0.63%	N/A
#24	PLANET LABS PBC CLASS A (PL) - 0.63%	N/A
#25	NOVANTA INC (NOVT) - 0.62%	N/A
Total Holdings	332	2

ESSC vs MST - Historical Returns

Returns include dividend reinvestment.

Period	ESSC	MST
1 month	+3.26%	-54.80%
3 months	+18.46%	-31.83%
6 months	+15.01%	-62.37%
1 year	N/A	-93.18%
5 years(CAGR)	+24.75%	N/A
Max(CAGR)	+20.86%	-91.94%

Winner

ESSC

+3.26%

MST

-54.80%

Winner

ESSC

+18.46%

MST

-31.83%

Winner

ESSC

+15.01%

MST

-62.37%

ESSC

N/A

MST

-93.18%

5Y(CAGR)

ESSC

+24.75%

MST

N/A

Max(CAGR)

Winner

ESSC

+20.86%

MST

-91.94%

ESSC vs MST - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	ESSC	MST
2026	+17.51%	-53.68%
2025	+3.65%	-87.64%
2022	-43.54%	N/A
2021	+17.61%	N/A
2020	+7.49%	N/A

ESSC vs MST Drawdown Comparison

The maximum drawdown for ESSC was -60.33%, occurring on Nov 11, 2022. Recovery took 232 trading sessions.

The maximum drawdown for MST was -95.30%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current MST drawdown is -94.70%.

Rank	ESSC	MST
#1	-60.33% Dec 13, 2021 - Sep 30, 2025	-95.30% Jul 16, 2025 - Jun 10, 2026
#2	-11.89% Dec 1, 2021 - Dec 6, 2021	-24.82% May 13, 2025 - Jul 14, 2025
#3	-9.51% Feb 10, 2026 - Apr 14, 2026	-4.88% May 9, 2025 - May 13, 2025
#4	-7.35% Oct 27, 2025 - Nov 28, 2025	-4.07% May 2, 2025 - May 8, 2025
#5	-4.95% May 6, 2026 - May 26, 2026	-3.45% Jul 14, 2025 - Jul 16, 2025
#6	-4.17% Jan 7, 2021 - Nov 29, 2021	N/A
#7	-3.48% Oct 6, 2025 - Oct 15, 2025	N/A
#8	-3.44% Jan 22, 2026 - Feb 6, 2026	N/A
#9	-3.16% Dec 11, 2025 - Jan 8, 2026	N/A
#10	-3.16% Dec 6, 2021 - Dec 8, 2021	N/A
#11	-3.10% Jun 4, 2026 - Jun 12, 2026	N/A
#12	-3.09% Mar 27, 2020 - Apr 14, 2020	N/A
#13	-2.20% Jul 23, 2020 - Dec 4, 2020	N/A
#14	-2.09% Apr 20, 2026 - May 1, 2026	N/A
#15	-1.98% Oct 15, 2025 - Oct 20, 2025	N/A

Correlation

Correlation between ESSC and MST is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.60

-101