Key stats
About SavvyShort (-2X) TSLA ETF Trust Units
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Inception date
Aug 12, 2025
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
LongPoint Asset Management, Inc.
ISIN
CA54315B6724
The fund is designed to make bearish bets on the stock price of Tesla (TSLA). The fund is expected to enter into cash borrowing, invest in equity securities, interest-bearing accounts, and T-Bills, and enter into derivative agreements. The objective is to obtain daily inverse leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is conducted to adjust for TSLAs daily price movements. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TSLD assets under management is 2.65 M CAD. It's fallen 6.01% over the last month.
TSLD fund flows account for 0.00 CAD (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, TSLD doesn't pay dividends to its holders.
TSLD shares are issued by LongPoint Asset Management, Inc. under the brand LongPoint. The ETF was launched on Aug 12, 2025, and its management style is Passive.
TSLD follows the Tesla, Inc.. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TSLD trades at a premium (0.80%) meaning the ETF is trading at a higher price than the calculated NAV.