Tradr TSLA Bear Daily ETF (TSLQ)
33.76
-1.93
(-5.41%)
USD |
NASDAQ |
Jun 17, 16:00
33.90
+0.14
(+0.41%)
Pre-Market: 08:16
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.15% | -0.09% | 90.71M | 1.879M |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 11.05% | -- | 28.08M | 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 | 1.89 yrs |
| Travis Trampe | 1.50 yrs |
Performance Versus Category
As of June 17, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 17, 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 | 1.89 yrs |
| Travis Trampe | 1.50 yrs |