T-REX 2X Long Tesla Daily Target ETF (TSLT)
ETF analysis · CBOE · Financial Services · Asset Management - Leveraged
T-REX 2X Long Tesla Daily Target ETF (TSLT) is an exchange-traded fund in the Financial Services sector. Latest price: $15.92. Market cap $183.99M. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About T-REX 2X Long Tesla Daily Target ETF
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.
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