T-Rex 2X Inverse Tesla Daily Target ETF — Company Overview, News & Financial Data
T-Rex 2X Inverse Tesla Daily Target ETF aims for double the inverse daily return of Tesla stock with a high-risk strategy.
T-Rex 2X Inverse Tesla Daily Target ETF
Company profile
About T-Rex 2X Inverse Tesla Daily Target ETF
T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) is an exchange-traded fund (ETF) that aims to deliver double the inverse (opposite) daily return of Tesla's stock (TSLA). In simpler terms, if Tesla's stock goes down 1% in a day, TSLZ aims to go up 2%. This leveraged approach is risky, and results may differ for holding periods longer than a single day. TSLZ rebalances daily to maintain its 2x inverse exposure to Tesla. It targets the electric car and clean energy giant but with a high-risk, high-reward structure.
Snapshot
2023Year founded
16Employees
Miami, United StatesHead office
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Global footprint
Operations
All Locations
United States
Products and/or services of T-Rex 2X Inverse Tesla Daily Target ETF
- Inverse Daily Tesla Performance: TSLZ aims to deliver twice the inverse daily return of Tesla's stock price.
- Leveraged Exposure: It uses leverage to amplify gains (when Tesla goes down) but also magnifies losses (when Tesla goes up).
- Daily Rebalancing: TSLZ rebalances daily to maintain its 2x inverse target exposure to Tesla's price movement.
- Targeted Investment: It offers targeted exposure to Tesla's stock price but with a leveraged structure.
- High-Risk, High-Reward Potential: Due to leverage, TSLZ carries greater risk but also the potential for amplified gains compared to directly holding Tesla stock.
- Exchange-Traded Fund (ETF): It trades on exchanges like other ETFs, allowing for buying and selling shares throughout the trading day.
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