TSL vs. ARKQ ETF Comparison
Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to ARK Autonomous Technology & Robotics ETF (ARKQ)
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
$14.81
Average Daily Volume
390,591
1
ARKQ
ARK Autonomous Technology & Robotics ETF
ARKQ Description
Companies within ARK Autonomous Technology & Robotics ETF are focused on and are expected to substantially benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, energy, automation and manufacturing, materials, and transportation. These companies may develop, produce, or enable: Autonomous Transportation Robotics and Automation 3D Printing Energy Storage Space Exploration ARKQ is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of of autonomous technology and robotics companies that are relevant to the Fund’s investment theme of disruptive innovation.Grade (RS Rating)
Last Trade
$71.56
Average Daily Volume
76,579
30
Performance
| Period | TSL | ARKQ |
|---|---|---|
| 30 Days | 71.76% | 11.46% |
| 60 Days | 53.94% | 20.56% |
| 90 Days | 78.37% | 26.32% |
| 12 Months | -12.40% | 34.27% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TSL | Weight in ARKQ | Overlap | |
|---|---|---|---|---|---|
| TSLA | B | 117.88% | 15.91% | 15.91% |
TSL Overweight 0 Positions Relative to ARKQ
| Symbol | Grade | Weight |
|---|
TSL Underweight 29 Positions Relative to ARKQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| KTOS | C | -9.33% | |
| TER | F | -7.31% | |
| RKLB | B | -6.43% | |
| IRDM | F | -5.44% | |
| TRMB | B | -4.8% | |
| AVAV | C | -4.31% | |
| PLTR | B | -3.56% | |
| PATH | C | -3.26% | |
| ACHR | B | -2.95% | |
| DE | C | -2.8% | |
| TSM | C | -2.72% | |
| BLDE | D | -2.14% | |
| NVDA | A | -2.13% | |
| GOOG | B | -1.99% | |
| AMD | F | -1.96% | |
| AMZN | B | -1.68% | |
| JOBY | B | -1.42% | |
| SNPS | C | -1.28% | |
| AUR | C | -1.27% | |
| TDY | B | -1.27% | |
| OKLO | C | -1.2% | |
| QCOM | F | -1.19% | |
| ISRG | A | -1.19% | |
| LMT | D | -1.07% | |
| CAT | C | -0.96% | |
| DDD | C | -0.93% | |
| BWXT | B | -0.92% | |
| ANSS | B | -0.74% | |
| MTLS | B | -0.0% |
TSL: Top Represented Industries & Keywords
ARKQ: Top Represented Industries & Keywords
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