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TSLT Stock Price, Chart, Stats & News
T-REX 2X Long Tesla Daily Target ETF
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T-REX 2X Long Tesla Daily Target ETF (TSLT) does not currently pay a dividend.
Leveraged & Inverse Equity
Category
1.05%
Expense ratio
115.65M
Assets
-60.93%
1Y return
TSLT chart
TSLT returns
| YTD | -55.36% |
| 1Y | -60.93% |
| 3Y | -17.20% |
| 1Y volatility | 84.15% |
| 3Y volatility | 103.27% |
| Sharpe ratio | 0.44 |
About
This ETF aims to provide daily returns that are double the performance of Tesla (TSLA) stock. It primarily achieves this magnified exposure by allocating at least 80% of its net assets, along with any borrowed capital, to swap agreements. These financial contracts are established with prominent global financial institutions and are designed to exchange returns, effectively targeting a daily exposure to TSLA equivalent to 200% of the fund's net asset value.
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