'Russian Nesting Doll' Of Problems: MSTX And DIPS Top Morningstar's Worst ETF List For 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 27 2024
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Source: Benzinga
Worst Performing ETFs: The Defiance Daily Target 2X Long MSTR ETF (MSTX) and YieldMax Short NVDA Option Income Strategy ETF (DIPS) have been identified as the worst performing leveraged ETFs of the year, with MSTX suffering from structural issues and DIPS facing high risks due to complex derivatives.
Top Performing ETFs: In contrast, Jensen's Quality Growth ETF (JGRW) and Neuberger Berman's Small-Mid Cap ETF (NBSM) were praised for their effective strategies, showing positive year-to-date returns of 3.96% and 0.90%, respectively.
Analyst Views on MSTX
Wall Street analysts forecast MSTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSTX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 4.120
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Current: 4.120
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
