T-REX 2X Long Tesla Daily Target ETF (TSLT) Dividend Yield, History & Forecast

T-REX 2X Long Tesla Daily Target ETF (TSLT) is an exchange-traded fund (ETF) listed on the Chicago Board Options Exchange. market capitalization is approximately $110M.

TSLT fund composition

TSLT holds 11 positions. It charges an expense ratio of 1.05%, and manages $138.5M.

Sector allocation

Consumer Cyclical100.0%

Frequently Asked Questions about T-REX 2X Long Tesla Daily Target ETF (TSLT)

What does T-REX 2X Long Tesla Daily Target ETF invest in?
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.