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T-Rex 2X Inverse Tesla Daily Target ETF declares annual distribution of $0.0813
Seeking Alpha News (Wed, 24-Dec 11:54 AM ET)
The T-REX 2X Inverse Tesla Daily Target ETF (the "Fund") seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -200% of the return of the publicly-traded common stock of Tesla, Inc. (NASDAQ: TSLA).
T-Rex 2X Inverse Tesla Daily Target ETF trades on the NASDAQ stock market under the symbol TSLZ.
As of December 29, 2025, TSLZ stock price climbed to $11.37 with 16,340,488 million shares trading.
TSLZ has a beta of -3.37, meaning it tends to be less sensitive to market movements. TSLZ has a correlation of 0.33 to the broad based SPY ETF.
TSLZ has a market cap of $82.42 million. This is considered a Micro Cap stock.
TSLZ has underperformed the market in the last year with a price return of -71.3% while the SPY ETF gained +15.6%. TSLZ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -21.7% and -2.4%, respectively, while the SPY returned +4.2% and +1.2%, respectively.
TSLZ support price is $10.15 and resistance is $11.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TSLZ shares will trade within this expected range on the day.