GraniteShares 1.25x Long Tsla Daily ETF (TSL)
5.935
-0.28
(-4.43%)
USD |
NASDAQ |
Apr 16, 13:32
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.15% | 0.00% | 3.541M | 205889.5 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 112.7% | 0.00% | 3.426M | 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 | 1.65 yrs |
| Jeff Klearman | 1.65 yrs |
Performance Versus Category
As of April 15, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 15, 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 | 1.65 yrs |
| Jeff Klearman | 1.65 yrs |