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Dividend Vision

TSLT — T-REX 2X Long Tesla Daily Target ETF

T-REX 2X Long Tesla Daily Target ETF (TSLT)

TSLT pays a 0.00% distribution rate, none, on a 1.05% expense ratio. Total return is -40.2% over the past 2.8 years, 95.7 points behind TSLA at 55.5%. Its deepest 1-year drawdown was 70.6%.

TSLT is a leveraged equity ETF that seeks to deliver twice the daily performance of Tesla stock through the use of financial derivatives and leverage. The fund does not distribute dividends and carries a 1.05% expense ratio, making it designed for tactical trading rather than income generation. This ETF appeals primarily to active traders and investors seeking short-term directional exposure to Tesla, as leveraged funds reset daily and are not intended for buy-and-hold strategies.

TSLT key facts

Issuer
REX Shares
Asset type
ETF
Asset class
Equity
Inception date
10/18/2023
Expense ratio
1.05%
Distribution rate
0.00%
Distribution frequency
None
Last close
$12.23
AUM
$144,789,883
Average volume
3159700.0
Beta
4.0386
P/E ratio
70.9858