GraniteShares 2x Long TSLA Daily ETFGraniteShares 2x Long TSLA Daily ETFGraniteShares 2x Long TSLA Daily ETF

GraniteShares 2x Long TSLA Daily ETF

No trades
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Key stats


Assets under management (AUM)
‪114.84 M‬USD
Fund flows (1Y)
‪43.34 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−2.3%

About GraniteShares 2x Long TSLA Daily ETF


Issuer
GraniteShares, Inc.
Brand
GraniteShares
Expense ratio
0.95%
Inception date
Aug 22, 2023
Index tracked
Tesla, Inc.
Management style
Passive
TSLR 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 leverage, compared to traditional ETFs, 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. Prior to January 22, 2024, the fund traded under the name GraniteShares 1.75x Long TSLA Daily ETF.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Automobile manufacturers
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash60.12%
Miscellaneous39.88%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows