🚀 T-REX 2X Long Tesla Daily Target ETF (TSLZ) Dashboard
📊 About REX Shares & Tuttle Capital Management
REX Shares & Tuttle Capital Management is the innovative company behind the T-REX product line. They specialize in alternative-strategy ETFs and ETNs, focusing on cutting-edge exchange-traded products.
The company has developed several product lines including:
- T-REX leveraged and inverse tools for active traders
- MicroSectors™ targeted sector exposure
- Option-based income strategies for yield generation
With decades of experience, they create innovative solutions for unique portfolio challenges faced by traders and investors.
📈 Key Performance Metrics
🎯 Fund Overview & Structure
📋 Basic Information
| Inception Date | October 19, 2023 |
| Objective | 200% daily performance of TSLA |
| Structure | Non-diversified ETF |
| Exposure Method | Total Return Swaps |
| Expense Ratio | 1.05% |
💹 Current Trading Data
| Previous Close | $1.3850 |
| Open | $1.3300 |
| Current NAV | $1.83 |
| 52-Week Range | $1.29 - $29.15 |
| Average Volume | 95,974,264 |
⚠️ Important Risk Notice
Leveraged ETFs are complex financial instruments designed for short-term trading. The 2X leverage means the fund seeks to deliver 200% of Tesla's daily performance, which can lead to significant losses during volatile periods. This fund is suitable only for sophisticated investors who understand volatility decay and compounding effects.
📊 Performance Analysis
📉 Trailing Returns vs Benchmarks
| Period | TSLZ Return | Status |
|---|---|---|
| Year-to-Date | -37.35% | Underperforming |
| 1-Month | -37.85% | Significant Decline |
| 3-Month | -61.48% | Major Losses |
| 1-Year | -94.83% | Severe Underperformance |
💼 Financial Position Analysis
📋 Assets & Liabilities (June 30, 2024)
| Category | Amount (USD) | Percentage |
|---|---|---|
| Cash Collateral for Swaps | $156,854,000 | 45.9% |
| Net Unrealized Appreciation | $98,196,488 | 28.7% |
| Due from Swap Counterparties | $50,655,029 | 14.8% |
| Cash | $34,475,333 | 10.1% |
📊 Operations Summary
Net Investment Loss: -$1,312,440
Net Realized Loss on Swaps: -$146,538,443
Net Unrealized Appreciation: +$98,196,488
Total Net Loss: -$49,654,395
🏦 Current Holdings Breakdown
📈 Portfolio Composition
| Symbol | Name | Weighting | Net Value | Shares Held |
|---|---|---|---|---|
| CASH | Cash and Cash Equivalents | 124.85% | $210,416,233.10 | 210,416,233 |
| TSLZ TRS | TSLZ TRS TSLA EQ | 33.83% | $57,020,929.16 | 57,020,929 |
| RECV | RECV TSLZ TRS TSLA EQ | 30.71% | $51,757,461.92 | 51,757,462 |
| RECV | RECV TSLZ TRS TSLA EQ | 24.45% | $41,215,275.70 | 41,215,276 |
| PAYB | PAYB TSLZ TRS TSLA EQ | -28.22% | -$47,556,813.88 | -136,391 |
| TSLZ TRS | TSLZ TRS TSLA EQ | -40.55% | -$68,348,253.60 | -196,020 |
| PAYB | PAYB TSLZ TRS TSLA EQ | -45.08% | -$75,968,306.32 | -217,874 |
🔧 Creation Unit Details
🔗 Explore More Resources
For more detailed information about leveraged ETFs and Tesla trading:
- Leveraged Exchange-Traded Funds - Understanding leveraged ETF mechanics
- Tesla, Inc. - Complete company information
- Direxion Daily TSLA Bull 2X Shares (TSLL) - Comparison with similar products
- Systematic Risk - Understanding market risks
📚 Investment Disclaimer
This dashboard is for informational purposes only and does not constitute investment advice. Leveraged ETFs carry significant risks including volatility decay, and past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.