TSLT vs. BIS ETF Comparison
Comparison of T-REX 2X Long Tesla Daily Target ETF (TSLT) to ProShares UltraShort Nasdaq Biotechnology (BIS)
TSLT
T-REX 2X Long Tesla Daily Target ETF
TSLT Description
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to TSLA equal to at least 80% of its net assets (plus any borrowings for investment purposes). The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in TSLA that is equal, on a daily basis, to 200% of the value of the fund"s net assets. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$11.07
Average Daily Volume
5,260,157
1
BIS
ProShares UltraShort Nasdaq Biotechnology
BIS Description
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. It is non-diversified.Grade (RS Rating)
Last Trade
$17.99
Average Daily Volume
7,390
75
Performance
Period | TSLT | BIS |
---|---|---|
30 Days | 8.53% | -3.23% |
60 Days | -15.82% | 4.48% |
90 Days | -17.70% | 0.60% |
12 Months | -6.28% |
0 Overlapping Holdings
Symbol | Grade | Weight in TSLT | Weight in BIS | Overlap |
---|
TSLT Overweight 1 Positions Relative to BIS
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | D | 68.29% |
TSLT Underweight 75 Positions Relative to BIS
Symbol | Grade | Weight | |
---|---|---|---|
AMGN | A | -8.14% | |
GILD | F | -7.41% | |
VRTX | D | -7.21% | |
BIIB | D | -6.12% | |
ILMN | F | -5.67% | |
REGN | B | -4.13% | |
INCY | D | -2.09% | |
BMRN | F | -1.91% | |
ALNY | D | -1.6% | |
VTRS | D | -1.35% | |
SNY | C | -1.29% | |
NBIX | A | -1.16% | |
SRPT | B | -1.15% | |
NVCR | D | -1.1% | |
JAZZ | D | -1.03% | |
TECH | C | -1.02% | |
IONS | F | -1.02% | |
GH | D | -0.96% | |
AMRN | F | -0.85% | |
MRNA | B | -0.83% | |
BGNE | D | -0.83% | |
ACAD | F | -0.81% | |
ASND | D | -0.77% | |
EXEL | D | -0.73% | |
ARWR | F | -0.65% | |
BLUE | F | -0.65% | |
BBIO | F | -0.51% | |
ALLK | F | -0.49% | |
UTHR | A | -0.49% | |
NKTR | B | -0.48% | |
SAGE | F | -0.48% | |
BPMC | A | -0.48% | |
FGEN | F | -0.47% | |
DCPH | A | -0.43% | |
AGIO | A | -0.43% | |
CRSP | F | -0.42% | |
RARE | D | -0.42% | |
ADPT | F | -0.42% | |
MEDP | D | -0.4% | |
PTCT | B | -0.4% | |
ARGX | D | -0.4% | |
AXSM | C | -0.38% | |
ALLO | F | -0.37% | |
GRFS | F | -0.36% | |
IOVA | D | -0.36% | |
ALKS | F | -0.36% | |
KOD | D | -0.35% | |
HALO | D | -0.35% | |
QURE | F | -0.35% | |
FOLD | F | -0.32% | |
APLS | F | -0.31% | |
XNCR | C | -0.26% | |
MYGN | D | -0.26% | |
DNLI | F | -0.26% | |
ZLAB | F | -0.24% | |
IRWD | F | -0.24% | |
ARVN | D | -0.24% | |
INSM | D | -0.23% | |
FATE | D | -0.23% | |
PCRX | F | -0.22% | |
GLPG | F | -0.22% | |
ITCI | C | -0.21% | |
RGNX | F | -0.21% | |
ESPR | D | -0.19% | |
EDIT | F | -0.19% | |
LGND | D | -0.19% | |
INVA | B | -0.18% | |
VCYT | D | -0.18% | |
ALEC | F | -0.18% | |
TBPH | C | -0.17% | |
YMAB | C | -0.16% | |
CHRS | F | -0.16% | |
HCM | B | -0.15% | |
NGM | D | -0.15% | |
SUPN | D | -0.15% |
TSLT: Top Represented Industries & Keywords
BIS: Top Represented Industries & Keywords