T-REX 2X Long Tesla Daily Target ETFT-REX 2X Long Tesla Daily Target ETFT-REX 2X Long Tesla Daily Target ETF

T-REX 2X Long Tesla Daily Target ETF

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Key stats


Assets under management (AUM)
‪340.76 M‬USD
Fund flows (1Y)
‪241.17 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
12.7%

About T-REX 2X Long Tesla Daily Target ETF


Issuer
Tuttle Capital Management LLC
Brand
T-Rex
Expense ratio
1.05%
Home page
Inception date
Oct 19, 2023
Index tracked
Tesla, Inc.
Management style
Passive
TSLT is designed for making bullish bets on the stock price of Tesla, Inc. through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to TSLA'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. Note that should TSLA's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if TSLA's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Automobile manufacturers
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 6, 2024
Exposure type
StocksBonds, Cash & Other
Consumer Durables
Miscellaneous
Cash
Stocks40.94%
Consumer Durables40.94%
Bonds, Cash & Other59.06%
Miscellaneous38.43%
Cash18.40%
Corporate2.23%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows