ETF fund manager T-REX Single-Stock has debuted on the Nasdaq and CBOE, offering targeted 200% and -200% exposure to two of the most widely-traded stocks on the market: Tesla and NVIDIA. Brought to investors by REX Shares and Tuttle Capital Management, T-REX ETFs are built for sophisticated traders looking to enhance potential returns via pinpoint positioning.
The suite of T-REX ETFs includes the T-REX 2X Long Tesla Daily Target ETF (Nasdaq: TSLT), the T-REX 2X Inverse Tesla Daily Target ETF (Nasdaq: TSLZ), the T-REX 2X Long NVIDIA Daily Target ETF (CBOE: NVDX), and the T-REX 2X Inverse NVIDIA Daily Target ETF (CBOE: NVDQ).
“Our journey at REX Shares is defined by an unyielding commitment to innovation and pushing boundaries,” said Scott Acheychek, CEO of REX Shares. “The partnership with Tuttle and the unveiling of the T-REX Single-Stock ETFs mark a pivotal moment for our team, illustrating our dedication to offering traders enhanced tools that are both innovative and transparent.”
REX is an innovative ETF provider that specializes in alternative-strategy ETFs and ETNs. The firm created the MicroSectors and co-created the T-REX product lines of leveraged and inverse tools for traders and recently launched the first of a series of option-based income strategies.
The firm is rooted in decades of experience building inventive solutions that solve a range of specific challenges in investor and trader portfolios.
“This collaboration is more than just a partnership; it’s a fusion of a shared vision and unparalleled expertise in the ETF market,” said Matt Tuttle, CEO of Tuttle Capital Management. “REX Shares has established itself as a leading provider of alternative-strategy products. Combined with our track record in active management and thematics, We are excited to bring the only single stock ETFs that offer 2x exposure to the marketplace.”
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The launch of T-REX Single-Stock ETFs comes on the heels of another ground-breaking ETF launch from REX Shares. The REX FANG & Innovation Equity Premium Income ETF (FEPI) began trading on October 11 and offers investors distinct access to the 15 biggest U.S. technology stocks through the Solactive FANG & Innovation Index.
The latter fund seeks to turn the volatility of these top-performers into a steady income source using an advanced covered call strategy.