T-Rex 2X Long Tesla Daily Target ETF (TSLT)
TSLT is an actively managed ETF by T-Rex. TSLT launched on Oct 18, 2023 and has a 1.05% expense ratio.
ETF Info
Oct 18, 2023
1x
No Index (Active)
Large-Cap
Growth
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T-Rex 2X Long Tesla Daily Target ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
T-Rex 2X Long Tesla Daily Target ETF had a return of 17.13% year-to-date (YTD) and 21.33% in the last 12 months.
TSLT
17.13%
122.76%
167.22%
21.33%
N/A
N/A
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of TSLT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -45.42% | 13.35% | -26.51% | 1.97% | -8.17% | 20.84% | 27.69% | -18.53% | 43.88% | -14.69% | 17.13% | ||
| 2023 | -17.87% | 39.23% | 5.04% | 20.11% |
Expense Ratio
TSLT has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TSLT is 18, indicating that it is in the bottom 18% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T-Rex 2X Long Tesla Daily Target ETF (TSLT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the T-Rex 2X Long Tesla Daily Target ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T-Rex 2X Long Tesla Daily Target ETF was 73.98%, occurring on Apr 22, 2024. Recovery took 141 trading sessions.
The current T-Rex 2X Long Tesla Daily Target ETF drawdown is 6.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -73.98% | Dec 28, 2023 | 79 | Apr 22, 2024 | 141 | Nov 11, 2024 | 220 |
| -21.78% | Nov 12, 2024 | 3 | Nov 14, 2024 | — | — | — |
| -20.32% | Oct 20, 2023 | 7 | Oct 30, 2023 | 10 | Nov 13, 2023 | 17 |
| -8.74% | Nov 29, 2023 | 4 | Dec 4, 2023 | 8 | Dec 14, 2023 | 12 |
| -7.78% | Dec 20, 2023 | 1 | Dec 20, 2023 | 4 | Dec 27, 2023 | 5 |
Volatility
Volatility Chart
The current T-Rex 2X Long Tesla Daily Target ETF volatility is 55.33%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.