GraniteShares 1.25x Long TSLA Daily ETF

No trades
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Key stats

Assets under management (AUM)
‪4.00 M‬USD
Fund flows (1Y)
‪3.46 M‬USD
Dividend yield (indicated)
81.98%
Discount/Premium to NAV
0%

About GraniteShares 1.25x Long TSLA Daily ETF

Issuer
GraniteShares, Inc.
Brand
GraniteShares
Expense ratio
1.15%
Inception date
Aug 9, 2022
Index tracked
No Underlying Index
Management style
Active
ISIN
US38747R7026
TSL is a short-term tactical tool that aims to deliver 1.25x 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 1.25x 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.

Classification

Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Automobile manufacturers
Strategy
Vanilla
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Consumer Durables
Cash
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy