MSTB - LHA Market State Tactical Beta ETF
This actively managed Exchange Traded Fund (ETF) principally invests in instruments tied, directly or indirectly, to the performance or volatility of the S&P 500 Index. Its investment strategy is guided by quantitative analyses intended to forecast the S&P 500's market direction. In typical market environments, the fund maintains a daily S&P 500 exposure of approximately 100%.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $196.7M
- Beta
- 0.92
- 52-Week Range
- 37.33-45.54
- Dividend Yield
- $0.16
- IPO Date
- Sep 30, 2020
- Exchange
- CBOE
MSTB Options Snapshot
Options pricing data for MSTB is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The MSTB overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked MSTB overview questions
- What is MSTB?
- MSTB is the ticker symbol for LHA Market State Tactical Beta ETF, an listed exchange-traded fund. This actively managed Exchange Traded Fund (ETF) principally invests in instruments tied, directly or indirectly, to the performance or volatility of the S&P 500 Index. Its investment strategy is guided by quantitative analyses intended to forecast the S&P 500's market direction. Listed on CBOE. MSTB is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are MSTB's key statistics?
- LHA Market State Tactical Beta ETF (MSTB) carries a market capitalization of $196.7M, 52-week range of 37.33-45.54. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does MSTB belong to?
- LHA Market State Tactical Beta ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare MSTB's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the MSTB data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for MSTB, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.