ETF overview
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.
Fund facts
- Leverage
- 2x daily
- Expense ratio
- 1.05%
- Fund assets
- 165.46M USD (all share classes)
- Issuer
- Rexshares
- Inception date
- Oct 19, 2023
- Number of holdings
- 3
Holdings (3)
| Name | Ticker | Exposure |
|---|---|---|
| RECV TSLT TRS TSLA EQ | 98.91% | |
| RECV TSLT TRS TSLA.OQ EQ | 68.52% | |
| RECV TSLT TRS TSLA US EQ | 0.97% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
- Leverage
- 2x daily
- Expense ratio
- 1.05%
- Fund assets
- 165.46M USD (all share classes)
- Issuer
- Rexshares
- Inception date
- Oct 19, 2023
- Number of holdings
- 3
| Name | Ticker | Exposure |
|---|---|---|
| RECV TSLT TRS TSLA EQ | 98.91% | |
| RECV TSLT TRS TSLA.OQ EQ | 68.52% | |
| RECV TSLT TRS TSLA US EQ | 0.97% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
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.
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