Key stats
About T-Rex 2X Long Microsoft Daily Target ETF
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Inception date
Jan 11, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
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
US26923N5793
MSFX is designed for making bullish bets on the stock price of Microsoft Corp. through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to MSFT'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. Note that should MSFT's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if MSFTs performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Cash
Stocks69.86%
Technology Services69.86%
Bonds, Cash & Other30.14%
Cash30.14%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MSFX assets under management is 8.57 M USD. It's fallen 6.08% over the last month.
MSFX fund flows account for −2.57 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, MSFX doesn't pay dividends to its holders.
MSFX shares are issued by Tuttle Capital Management LLC under the brand T-Rex. The ETF was launched on Jan 11, 2024, and its management style is Passive.
MSFX expense ratio is 1.05% meaning you'd have to pay 1.05% of your investment to help manage the fund.
MSFX follows the Microsoft Corporation. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSFX invests in stocks.
MSFX price has fallen by −10.99% over the last month, and its yearly performance shows a 25.68% increase. See more dynamics on MSFX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −3.35% over the last month, have fallen by −3.35% over the last month, showed a 17.50% increase in three-month performance and has increased by 29.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −3.35% over the last month, have fallen by −3.35% over the last month, showed a 17.50% increase in three-month performance and has increased by 29.19% in a year.
MSFX trades at a premium (0.18%) meaning the ETF is trading at a higher price than the calculated NAV.