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Dividend Vision

TSLS — Direxion Daily TSLA Bear 1X Shares

Direxion Daily TSLA Bear 1X Shares (TSLS)

TSLS pays a 2.26% distribution rate, quarterly, on a 0.95% expense ratio. Total return is -72.1% over the past 4 years, 92.9 points behind TSLA at 20.8%. Its deepest 1-year drawdown was 37.9%.

Direxion Daily TSLA Bear 1X Shares is an inverse equity ETF designed to provide daily inverse exposure to Tesla, making it a bearish bet on the stock that moves opposite to Tesla's price movements. The fund distributes quarterly with a 2.19% distribution rate and carries a 0.95% expense ratio. This fund is structured for traders and investors seeking short exposure to Tesla rather than traditional income-focused dividend investors.

TSLS key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
08/08/2022
Expense ratio
0.95%
Distribution rate
2.26%
Distribution frequency
Quarterly
Trailing yield
2.60%
Last close
$60.63
AUM
$76,716,488
Average volume
348701.0
Last dividend
$0.3419
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
-1.44