MSTR / Bitcoin 🪙 ETF Update - August 7th
Since the common starting point shown, Purpose Bitcoin CAD ETF Currency Hedged (BTCC) has held up best with a -46.78% total return, substantially outperforming both Strategy (MSTR) itself and the MSTR-focused income ETFs.
Among the income strategies, YieldMax MSTR Option Income Strategy ETF (MSTY) has performed best at -68.65%, followed closely by Harvest Strategy Inc. High Income Shares ETF (MSTY.TO) at -69.80%. Harvest Strategy Inc. Enhanced High Income Shares ETF (MSTE) has been the weakest at -79.66%.
Importantly, the underlying Strategy (MSTR) returned -75.12% over the same period. That means YieldMax MSTY outperformed MSTR by 6.47 percentage points, while Harvest MSTY.TO outperformed MSTR by 5.32 points. In contrast, MSTE underperformed MSTR by 4.54 points.
The largest difference is versus Bitcoin itself: BTCC outperformed MSTR by 28.34 percentage points, YieldMax MSTY by 21.87 points, Harvest MSTY.TO by 23.02 points, and MSTE by 32.88 points.
