T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ)
TSLZ is an actively managed ETF by T-Rex. TSLZ launched on Oct 18, 2023 and has a 1.05% expense ratio.
ETF Info
| Issuer | T-Rex |
|---|---|
| Inception Date | Oct 18, 2023 |
| Category | Inverse Equities, Leveraged |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Expense Ratio
TSLZ has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TSLZ vs. TSLS, TSLZ vs. TSLR, TSLZ vs. VOO, TSLZ vs. TIME
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T-Rex 2X Inverse 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -38.12% | 18.10% |
| 1 month | -15.30% | 1.42% |
| 6 months | -65.51% | 9.39% |
| 1 year | N/A | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of TSLZ, 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 | 66.11% | -16.32% | 25.59% | -23.65% | 2.34% | -21.10% | -38.32% | 9.02% | -38.12% | ||||
| 2023 | 18.23% | -33.45% | -8.58% | -28.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
T-Rex 2X Inverse Tesla Daily Target ETF granted a 19.62% dividend yield in the last twelve months. The annual payout for that period amounted to $2.76 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $2.76 | $2.76 |
Dividend yield | 19.62% | 12.14% |
Monthly Dividends
The table displays the monthly dividend distributions for T-Rex 2X Inverse Tesla Daily Target ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $2.76 | $2.76 |
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 Inverse 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 Inverse Tesla Daily Target ETF was 77.71%, occurring on Jul 10, 2024. The portfolio has not yet recovered.
The current T-Rex 2X Inverse Tesla Daily Target ETF drawdown is 75.85%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.71% | Apr 23, 2024 | 54 | Jul 10, 2024 | — | — | — |
| -46.66% | Oct 31, 2023 | 40 | Dec 27, 2023 | 19 | Jan 25, 2024 | 59 |
| -22.29% | Feb 6, 2024 | 18 | Mar 1, 2024 | 3 | Mar 6, 2024 | 21 |
| -19.79% | Mar 15, 2024 | 9 | Mar 27, 2024 | 13 | Apr 16, 2024 | 22 |
| -9.76% | Jan 26, 2024 | 3 | Jan 30, 2024 | 4 | Feb 5, 2024 | 7 |
Volatility
Volatility Chart
The current T-Rex 2X Inverse Tesla Daily Target ETF volatility is 31.45%, 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.