TSL vs. IYT ETF Comparison
Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to iShares Transportation AverageETF (IYT)
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
$10.26
Average Daily Volume
362,935
1
IYT
iShares Transportation AverageETF
IYT Description
The investment seeks to track the investment results of an index composed of U.S. equities in the transportation sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones Transportation Average Index (the "underlying index"), which measures the performance of the transportation sector of the U.S. equity market.Grade (RS Rating)
Last Trade
$65.05
Average Daily Volume
594,532
44
Performance
| Period | TSL | IYT |
|---|---|---|
| 30 Days | 50.44% | 2.66% |
| 60 Days | 44.71% | -0.93% |
| 90 Days | 53.13% | -4.65% |
| 12 Months | -51.88% | 4.60% |
0 Overlapping Holdings
| Symbol | Grade | Weight in TSL | Weight in IYT | Overlap |
|---|
TSL Overweight 1 Positions Relative to IYT
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | 117.88% |
TSL Underweight 44 Positions Relative to IYT
| Symbol | Grade | Weight | |
|---|---|---|---|
| UBER | B | -18.33% | |
| UNP | D | -17.01% | |
| UPS | F | -8.99% | |
| FDX | B | -5.39% | |
| CSX | D | -4.57% | |
| ODFL | D | -4.52% | |
| DAL | D | -4.35% | |
| NSC | D | -4.25% | |
| EXPD | B | -3.2% | |
| LUV | B | -3.06% | |
| UAL | D | -2.85% | |
| JBHT | F | -2.3% | |
| SAIA | B | -2.19% | |
| XPO | D | -2.15% | |
| CHRW | C | -1.84% | |
| KNX | C | -1.41% | |
| AAL | F | -1.33% | |
| KEX | B | -1.26% | |
| LSTR | B | -1.17% | |
| GXO | D | -1.06% | |
| R | B | -0.96% | |
| ALK | D | -0.93% | |
| LYFT | F | -0.85% | |
| MATX | B | -0.79% | |
| SKYW | B | -0.59% | |
| RXO | B | -0.53% | |
| HUBG | B | -0.47% | |
| ARCB | D | -0.44% | |
| WERN | D | -0.41% | |
| JBLU | B | -0.36% | |
| JOBY | D | -0.34% | |
| CAR | F | -0.34% | |
| MRTN | C | -0.19% | |
| FIP | B | -0.16% | |
| SNDR | B | -0.16% | |
| GNK | C | -0.16% | |
| ALGT | F | -0.13% | |
| ATSG | C | -0.12% | |
| UHAL | C | -0.11% | |
| FWRD | D | -0.11% | |
| HTLD | C | -0.1% | |
| SNCY | C | -0.08% | |
| HTZ | F | -0.08% | |
| SAVE | F | -0.07% |
TSL: Top Represented Industries & Keywords
IYT: Top Represented Industries & Keywords
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