TSLZ

T-Rex 2X Inverse Tesla Daily Target ETF

$15.54

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of Tesla, Inc. (TSLA) stock.

Overview

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

Category Inverse

Issuer Other

Inception Date 2024-12-16

Market Cap N/A

Average Volume N/A

Dividend Yield 0.33%

52-Week Range $12.06 - $129.60

VWAP $16.04

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of Tesla, Inc. (TSLA) stock.

🎯 Investment Strategy

TSLZ uses a range of financial instruments, such as derivatives, to establish short positions in Tesla stock in an effort to generate returns that are twice the inverse of Tesla's daily price movements.

✨ Key Features

Provides -2x daily exposure to Tesla stock performance
Designed for short-term, tactical trading rather than long-term investment
Highly speculative and volatile due to its leveraged inverse nature
Very low assets under management and expense ratio of 0.00%

⚠️ Primary Risks

Extremely high volatility and risk of loss due to the leveraged inverse exposure
Potential for significant tracking error relative to the -2x Tesla daily return
Liquidity risk due to low trading volume and assets under management
Counterparty risk associated with the derivatives used to implement the strategy

👤 Best For

This ETF is intended for highly experienced, risk-tolerant traders who have a very short-term investment horizon and are seeking to speculate on or hedge against sharp declines in Tesla's stock price on a daily basis. It is not suitable for long-term investors or those with a low risk tolerance.