Key stats
About Leverage Shares -3x Short Tesla ETP
Home page
Inception date
Jun 16, 2021
Structure
Special Purpose Vehicle
Replication method
Physical
Dividend treatment
Capitalizes
Primary advisor
Leverage Shares Management Co. Ltd.
ISIN
XS3135031279
The objective of the ETP Securities is to provide -3 times the value of the daily performance of the Tesla, Inc. equity security, net of fees and expenses
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash399.99%
Miscellaneous−299.99%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TS3S assets under management is 6.80 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TS3S invests in cash. See more details in our Analysis section.
TS3S expense ratio is 4.78%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
TS3S is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, TS3S doesn't pay dividends to its holders.
TS3S shares are issued by Leverage Shares LLC
TS3S follows the iSTOXX Inverse Leveraged -3X TSLA (USD)(NR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 16, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.