GraniteShares 1.25x Long Tsla Daily ETF (TSL)
6.89
+0.52
(+8.16%)
USD |
NASDAQ |
Mar 18, 16:00
6.96
+0.07
(+1.02%)
After-Hours: 07:39
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.15% | 0.29% | 4.669M | 138697.0 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
96.62% | 0.00% | 1.912M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, of 1.25 times (125%) the daily percentage change of the common stock of Tesla Inc. The fund is an actively managed etf that attempts to replicate 1.25 times (125%) the daily percentage change of the underlying stock by entering into a swap agreement on the underlying stock. The adviser will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the adviser and the financial institution will agree to exchange the return earned or realized on the underling stock. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Large Cap/Growth |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | Graniteshares |
Prospectus Benchmark Index | |
S&P 500 TR USD | 125.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Benoit Autier | 1.56 yrs |
Jeff Klearman | 1.56 yrs |
Performance Versus Category
As of March 18, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 18, 2024.
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, of 1.25 times (125%) the daily percentage change of the common stock of Tesla Inc. The fund is an actively managed etf that attempts to replicate 1.25 times (125%) the daily percentage change of the underlying stock by entering into a swap agreement on the underlying stock. The adviser will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the adviser and the financial institution will agree to exchange the return earned or realized on the underling stock. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Large Cap/Growth |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | Graniteshares |
Prospectus Benchmark Index | |
S&P 500 TR USD | 125.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Benoit Autier | 1.56 yrs |
Jeff Klearman | 1.56 yrs |