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Dividend Vision

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

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

Updated October 16, 2026.

TSLT is an ETF linked to Tesla (TSLA). its expense ratio is 1.05%. Total return is -39.0% over the past 3 years, 100.2 points behind TSLA at 61.2%.

T-REX 2X Long Tesla Daily Target ETF is a leveraged ETF that seeks to deliver twice the daily price performance of Tesla stock through financial instruments designed to provide 200% exposure to TSLA. The fund does not make regular distributions and carries an expense ratio of 1.05%. This fund is designed for experienced traders seeking leveraged equity exposure to Tesla on a short-term basis, not for buy-and-hold income investors.

TSLT holdings and sector exposure

Holdings are not available for this snapshot.

Economic / reference exposure: TSLA (physical holdings below may be collateral and options, not the reference asset itself).

TSLT performance versus TSLA

Price and return data through 2026-10-16.

Total return is -39.0% over the past 3 years, 100.2 points behind TSLA at 61.2%. Over the past year its total return — price change plus distributions reinvested — is -52.2%. Its deepest 1-year drawdown was 70.6%.

WindowTotal returnCAGR
1M-3.9%—
3M-25.8%—
6M-31.7%—
YTD-53.3%—
1Y-52.2%—
2Y CAGR—-2.90%
Since inception (3 years)-39.0%-15.20%

TSLT key facts

Issuer
REX Shares
Asset type
ETF
Asset class
Equity
Inception date
10/18/2023
Expense ratio
1.05%
Distribution frequency
None
Last close
$12.47 (as of 2026-10-16)
AUM
$158,695,494
Average volume
2773559.0
Beta
4.0386

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: REX Shares; Index: Tesla (TSLA); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TSLT risks and drawbacks

Total return has trailed TSLA over the available window. The deepest 1-year drawdown on record here is 70.6%.

Who may consider TSLT — and who may not

It is a weaker fit for investors who need monthly cash flow (TSLT does not currently distribute); investors whose main goal is matching TSLA total return. This is educational context, not a recommendation to buy or sell.

More on TSLT

Tagged: Leverage.

Frequently asked questions

Does TSLT pay monthly?

No. TSLT does not currently distribute.

What is TSLT linked to?

TSLT is linked to Tesla (TSLA), not a broad market index.

What is TSLT's expense ratio?

TSLT's expense ratio is 1.05%.

When does TSLT pay a dividend?

TSLT does not currently distribute.

How has TSLT performed?

Total return is -39.0% over the past 3 years, 100.2 points behind TSLA at 61.2%. Over the past year its total return — price change plus distributions reinvested — is -52.2%. Its deepest 1-year drawdown was 70.6%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.