DV
Dividend Vision

TSL — GraniteShares 1.25x Long Tsla Daily ETF

GraniteShares 1.25x Long Tsla Daily ETF (TSL)

TSL carries a 1.15% expense ratio. Total return is -16.7% over the past 4 years, 37.5 points behind TSLA at 20.8%. Its deepest 1-year drawdown was 48.4%.

GraniteShares 1.25x Long Tesla Daily ETF provides leveraged daily exposure to Tesla stock, amplifying price movements by a factor of 1.25 through the use of financial derivatives. The fund carries a 1.15% expense ratio, generates no dividend distribution, and is designed for tactical trading rather than income generation. This leveraged equity ETF appeals primarily to active traders and investors seeking magnified short-term exposure to Tesla's stock price movements, not buy-and-hold income investors.

TSL key facts

Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Inception date
08/08/2022
Expense ratio
1.15%
Last close
$12.76
AUM
$10,502,745
Average volume
590000.0
Ex-dividend date
12/27/2023
Payment date
12/29/2023
Beta
2.17