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T-Rex 2X Inverse MSTR Daily Target ETFT-Rex 2X Inverse MSTR Daily Target ETFT-Rex 2X Inverse MSTR Daily Target ETF

T-Rex 2X Inverse MSTR Daily Target ETF

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MSTZ chart



Key stats


Assets under management (AUM)
‪90.26 M‬ USD
Fund flows (1Y)
—
Dividend yield (indicated)
—
Discount/Premium to NAV
—
Shares outstanding
‪20.75 M‬
Expense ratio
1.05%

About T-Rex 2X Inverse MSTR Daily Target ETF


Issuer
Tuttle Capital Management LLC
Brand
T-Rex
Home page
rexshares.com
Inception date
Sep 18, 2024
Structure
Open-Ended Fund
Index tracked
MicroStrategy Inc - Benchmark Price Return
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tuttle Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US26923N4135
MSTZ is designed for making bearish bets on the stock price of MicroStrategy Incorporated through swap agreements. The objective is to obtain daily inverse exposure equivalent to -200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to MSTR's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. It's important to note that the fund could potentially lose money over time, even if MSTRs performance weakens. The fund is expected to hold money market funds, deposit accounts, and short-term debts.

Broaden your horizons with more funds linked to MSTZ via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Application software
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset

MSTZ analysis


What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Corporate
Bonds, Cash & Other100.00%
Cash58.54%
Corporate41.46%
Top 10 holdings

Ideas



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Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MSTZ assets under management is ‪90.26 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MSTZ invests in cash. See more details in our Analysis section.
MSTZ expense ratio is 1.05%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
MSTZ is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, MSTZ doesn't pay dividends to its holders.
MSTZ shares are issued by Tuttle Capital Management LLC
MSTZ follows the MicroStrategy Inc - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 18, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.