TSL vs. FTXR ETF Comparison
Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to First Trust Nasdaq Transportation ETF (FTXR)
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
$14.27
Average Daily Volume
386,409
1
FTXR
First Trust Nasdaq Transportation ETF
FTXR Description
The First Trust Nasdaq Transportation ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Transportation Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Transportation Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Transportation Index.Grade (RS Rating)
Last Trade
$36.16
Average Daily Volume
4,751
40
Performance
| Period | TSL | FTXR |
|---|---|---|
| 30 Days | 64.78% | 11.48% |
| 60 Days | 54.27% | 17.39% |
| 90 Days | 67.69% | 21.23% |
| 12 Months | -13.99% | 36.15% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TSL | Weight in FTXR | Overlap | |
|---|---|---|---|---|---|
| TSLA | B | 117.88% | 8.73% | 8.73% |
TSL Overweight 0 Positions Relative to FTXR
| Symbol | Grade | Weight |
|---|
TSL Underweight 39 Positions Relative to FTXR
| Symbol | Grade | Weight | |
|---|---|---|---|
| UPS | C | -7.8% | |
| GM | A | -7.63% | |
| F | C | -6.88% | |
| UNP | C | -6.78% | |
| UAL | B | -6.64% | |
| DAL | A | -5.04% | |
| URI | B | -4.1% | |
| PCAR | B | -4.05% | |
| CSX | B | -3.67% | |
| NSC | B | -3.66% | |
| FDX | B | -3.43% | |
| R | A | -2.7% | |
| WAB | A | -2.23% | |
| ODFL | B | -2.15% | |
| APTV | D | -2.11% | |
| HRI | B | -1.96% | |
| AL | B | -1.91% | |
| JBHT | B | -1.84% | |
| BWA | B | -1.66% | |
| GPC | D | -1.54% | |
| LKQ | D | -1.2% | |
| LUV | B | -1.14% | |
| ALSN | A | -1.1% | |
| XPO | B | -1.08% | |
| SKYW | B | -1.06% | |
| EXPD | D | -0.81% | |
| MATX | A | -0.81% | |
| KEX | B | -0.71% | |
| GNTX | C | -0.62% | |
| GATX | A | -0.58% | |
| INSW | F | -0.57% | |
| TRN | B | -0.55% | |
| DORM | B | -0.48% | |
| RXO | C | -0.47% | |
| CHRW | A | -0.47% | |
| LSTR | B | -0.46% | |
| OSK | B | -0.45% | |
| VC | D | -0.42% | |
| FSS | C | -0.41% |
TSL: Top Represented Industries & Keywords
FTXR: Top Represented Industries & Keywords
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