TSL vs. ARGT ETF Comparison
Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to Global X FTSE Argentina 20 ETF (ARGT)
TSL
GraniteShares 1.25x Long Tesla Daily ETF
TSL Description
TSL is a short-term tactical tool that aims to deliver 1.25x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 1.25x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested
Grade (RS Rating)
Last Trade
$8.29
Average Daily Volume
649,497
1
ARGT
Global X FTSE Argentina 20 ETF
ARGT Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Argentina 20 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure equity performance of the top 20 companies within the investable universe of Argentina-domiciled companies or companies that have substantial revenues or assets in Argentina. The fund is non-diversified.Grade (RS Rating)
Last Trade
$64.72
Average Daily Volume
105,715
19
Performance
Period | TSL | ARGT |
---|---|---|
30 Days | 11.73% | 15.65% |
60 Days | -21.72% | 13.86% |
90 Days | 20.85% | 13.31% |
12 Months | -54.70% | 42.98% |
0 Overlapping Holdings
Symbol | Grade | Weight in TSL | Weight in ARGT | Overlap |
---|
TSL Overweight 1 Positions Relative to ARGT
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | D | 117.88% |
TSL Underweight 19 Positions Relative to ARGT
TSL: Top Represented Industries & Keywords
ARGT: Top Represented Industries & Keywords