TSLT vs. GRID ETF Comparison
Comparison of T-REX 2X Long Tesla Daily Target ETF (TSLT) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)
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
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.Grade (RS Rating)
Last Trade
$114.94
Average Daily Volume
48,647
44
Performance
| Period | TSLT | GRID |
|---|---|---|
| 30 Days | 8.53% | 0.66% |
| 60 Days | -15.82% | 4.38% |
| 90 Days | -17.70% | 12.04% |
| 12 Months | 21.62% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TSLT | Weight in GRID | Overlap | |
|---|---|---|---|---|---|
| TSLA | D | 68.29% | 1.4% | 1.4% |
TSLT Overweight 0 Positions Relative to GRID
| Symbol | Grade | Weight |
|---|
TSLT Underweight 43 Positions Relative to GRID
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETN | A | -8.46% | |
| ABBV | D | -8.3% | |
| JCI | C | -7.81% | |
| PWR | A | -4.03% | |
| HUBB | D | -3.79% | |
| APTV | D | -3.5% | |
| ENPH | F | -2.66% | |
| NVT | A | -2.06% | |
| NVDA | C | -1.99% | |
| CSCO | F | -1.47% | |
| ORCL | D | -1.46% | |
| QCOM | A | -1.36% | |
| IBM | D | -1.25% | |
| GE | A | -1.14% | |
| TXN | A | -1.12% | |
| ATKR | B | -1.12% | |
| HON | C | -1.02% | |
| ADI | A | -0.7% | |
| ITRI | A | -0.67% | |
| SEDG | F | -0.52% | |
| EMR | D | -0.5% | |
| AEIS | D | -0.49% | |
| MYRG | F | -0.43% | |
| NXPI | A | -0.37% | |
| FLNC | B | -0.15% | |
| TRMB | D | -0.1% | |
| AMSC | C | -0.08% | |
| WLDN | A | -0.07% | |
| AES | B | -0.07% | |
| GNRC | B | -0.06% | |
| PLPC | D | -0.06% | |
| WCC | C | -0.05% | |
| MTZ | B | -0.04% | |
| LFUS | C | -0.04% | |
| ACA | B | -0.03% | |
| ENS | D | -0.03% | |
| VMI | B | -0.03% | |
| ESE | B | -0.02% | |
| STM | F | -0.02% | |
| BDC | C | -0.02% | |
| DGII | F | -0.01% | |
| AZZ | C | -0.01% | |
| EBR | D | -0.0% |
TSLT: Top Represented Industries & Keywords
GRID: Top Represented Industries & Keywords
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