Key stats
About Tradr 2X Short TSLA Daily ETF
Expense ratio
1.15%
Home page
Inception date
Jul 13, 2022
TSLQ is a short-term tactical tool that aims to deliver -2x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -2x multiple. Aside from the inverse exposure, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested. On May 15, 2024, the fund changed its name from AXS TSLA Bear Daily ETF to Tradr TSLA Bear Daily ETF. The fund changed its name again on July 15, 2024, to Tradr 2X Short TSLA Daily ETF.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash117.45%
Miscellaneous−17.45%
Displays a symbol's price movements over previous years to identify recurring trends.