Tradr TSLA Bear Daily ETF (TSLQ)
35.69
+0.17
(+0.48%)
USD |
NASDAQ |
May 31, 16:00
35.75
+0.06
(+0.17%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.15% | 0.03% | 95.81M | 2.781M |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
10.46% | -- | 24.70M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-200%) of the daily performance of the common shares of Tesla, Inc. Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide inverse exposure to two times the daily performance of TSLA. It is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve on a daily basis, before fees and expenses, -200% performance of TSLA for a single day, not for any other period, by entering into one or more swaps on TSLA. The fund 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--Inverse 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 | Specialty - Unaligned |
Fund Owner Firm Name | AXS |
Prospectus Benchmark Index | |
N/A | -200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Parker Binion | 1.80 yrs |
Travis Trampe | 1.42 yrs |
Performance Versus Category
As of May 31, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 31, 2024.
Basic Info
Investment Strategy | |
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-200%) of the daily performance of the common shares of Tesla, Inc. Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide inverse exposure to two times the daily performance of TSLA. It is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve on a daily basis, before fees and expenses, -200% performance of TSLA for a single day, not for any other period, by entering into one or more swaps on TSLA. The fund 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--Inverse 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 | Specialty - Unaligned |
Fund Owner Firm Name | AXS |
Prospectus Benchmark Index | |
N/A | -200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Parker Binion | 1.80 yrs |
Travis Trampe | 1.42 yrs |