MSTZ

T-Rex 2X Inverse MSTR Daily Target ETF

$11.43

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The MSTZ - T-Rex 2X Inverse MSTR Daily Target ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the MSTR index.

Overview

ETF tracking T-Rex 2X Inverse MSTR Daily Target ETF

Category Inverse

Issuer Other

Inception Date 2024-09-18

Market Cap $236.6M

Average Volume N/A

Dividend Yield N/A

52-Week Range $3.12 - $36.20

VWAP $11.27

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The MSTZ - T-Rex 2X Inverse MSTR Daily Target ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the MSTR index.

🎯 Investment Strategy

The fund uses a range of financial instruments, such as derivatives, to seek its daily inverse leveraged investment objective. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x daily inverse exposure to the MSTR index
Resets exposure daily, not designed for long-term holding
Utilizes derivatives to achieve its inverse leveraged objective
Relatively low assets under management and expense ratio

⚠️ Primary Risks

Significant daily rebalancing risk due to the leveraged inverse exposure
Potential for large and unexpected losses, especially over longer holding periods
Tracking error risk as the fund may not perfectly match the -2x daily MSTR return
Counterparty risk associated with the derivatives used to gain inverse exposure

👤 Best For

This ETF is best suited for experienced, sophisticated investors with a very short-term trading horizon who understand the risks of daily leveraged/inverse products and can actively monitor their positions. It is not recommended for buy-and-hold investors or those with a low risk tolerance.