Key stats
About ETF Opportunities Trust T-Rex 2X Inverse MSTR Daily Target ETF
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Inception date
Sep 18, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tuttle Capital Management LLC
Distributor
Foreside Fund Services LLC
MSTZ is designed for making bearish bets on the stock price of MicroStrategy Incorporated through swap agreements. The objective is to obtain daily inverse exposure equivalent to -200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to MSTR's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. It's important to note that the fund could potentially lose money over time, even if MSTRs performance weakens. The fund is expected to hold money market funds, deposit accounts, and short-term debts.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MSTZ assets under management is 154.64 M USD. It's fallen 16.11% over the last month.
MSTZ fund flows account for 283.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, MSTZ doesn't pay dividends to its holders.
MSTZ shares are issued by Tuttle Capital Management LLC under the brand T-Rex. The ETF was launched on Sep 18, 2024, and its management style is Passive.
MSTZ expense ratio is 1.05% meaning you'd have to pay 1.05% of your investment to help manage the fund.
MSTZ follows the MicroStrategy Inc - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSTZ invests in cash.
MSTZ price has fallen by −1.44% over the last month, and its yearly performance shows a −99.01% decrease. See more dynamics on MSTZ price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.20% over the last month, showed a −72.90% decrease in three-month performance and has decreased by −82.24% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.20% over the last month, showed a −72.90% decrease in three-month performance and has decreased by −82.24% in a year.
MSTZ trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.