Weekly Strategy ETF Update - August 1st
Since common inception, YieldMax MSTR Option Income Strategy ETF (MSTY) has been the strongest performer among the income-focused MSTR ETFs with a -70.51% total return. Harvest High Income Shares ETF (MSTY) follows at -71.57%, while Harvest Enhanced High Income Shares ETF (MSTE) has returned -81.30%. Over the same period, Strategy Inc. (MSTR) has declined -76.79%. For broader context, iShares Bitcoin Trust (IBIT) has returned -46.26%, while the S&P 500 Index has gained 19.56%.
Among the income-focused MSTR products, YieldMax MSTY continues to lead since common inception, outperforming both Harvest MSTY and Harvest MSTE. Harvest MSTY has also outperformed the underlying MSTR stock, while Harvest MSTE has trailed both.
Overall, the comparison highlights the significant volatility across MSTR-related strategies. Although all MSTR-based products have generated substantial negative returns since common inception, YieldMax MSTY has been the most resilient of the income ETFs, while IBIT has materially outperformed the MSTR-based strategies over the same period.