T-REX 2X Long Tesla Daily Target ETF (TSLT)
TSLT Price Chart
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TSLT ETF Profile
Key details and information about T-REX 2X Long Tesla Daily Target ETF (TSLT).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
19 Oct 2023
Country
US
Website
https://www.rexshares.com/TSLTDescription
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. The fund operates as a non-diversified portfolio.
TSLT ETF Performance
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