TSL vs. QRMI ETF Comparison
Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to Global X NASDAQ 100 Risk Managed Income ETF (QRMI)
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
$15.41
Average Daily Volume
388,637
1
QRMI
Global X NASDAQ 100 Risk Managed Income ETF
QRMI Description
Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$17.00
Average Daily Volume
8,933
101
Performance
| Period | TSL | QRMI |
|---|---|---|
| 30 Days | 83.02% | 1.66% |
| 60 Days | 50.49% | 2.63% |
| 90 Days | 75.11% | 3.97% |
| 12 Months | -5.49% | 11.21% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TSL | Weight in QRMI | Overlap | |
|---|---|---|---|---|---|
| TSLA | B | 117.88% | 4.02% | 4.02% |
TSL Overweight 0 Positions Relative to QRMI
| Symbol | Grade | Weight |
|---|
TSL Underweight 100 Positions Relative to QRMI
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | -9.04% | |
| AAPL | C | -8.63% | |
| MSFT | F | -7.96% | |
| AMZN | C | -5.66% | |
| AVGO | D | -5.23% | |
| META | D | -5.08% | |
| COST | B | -2.69% | |
| GOOGL | C | -2.64% | |
| GOOG | C | -2.54% | |
| NFLX | A | -2.31% | |
| TMUS | B | -1.83% | |
| CSCO | B | -1.55% | |
| ADBE | C | -1.53% | |
| PEP | F | -1.47% | |
| AMD | F | -1.46% | |
| LIN | D | -1.42% | |
| INTU | C | -1.28% | |
| ISRG | A | -1.24% | |
| TXN | C | -1.22% | |
| QCOM | F | -1.16% | |
| BKNG | A | -1.12% | |
| CMCSA | B | -1.1% | |
| AMGN | D | -1.05% | |
| HON | B | -0.98% | |
| AMAT | F | -0.98% | |
| PANW | C | -0.84% | |
| VRTX | F | -0.83% | |
| ADP | B | -0.81% | |
| GILD | C | -0.75% | |
| SBUX | A | -0.73% | |
| MU | D | -0.72% | |
| INTC | D | -0.69% | |
| ADI | D | -0.68% | |
| MELI | D | -0.63% | |
| LRCX | F | -0.62% | |
| CTAS | B | -0.59% | |
| PYPL | B | -0.58% | |
| KLAC | D | -0.58% | |
| MDLZ | F | -0.57% | |
| CDNS | B | -0.56% | |
| SNPS | B | -0.56% | |
| REGN | F | -0.56% | |
| CRWD | B | -0.54% | |
| MAR | B | -0.53% | |
| MRVL | B | -0.5% | |
| PDD | F | -0.49% | |
| ORLY | B | -0.48% | |
| FTNT | C | -0.48% | |
| CEG | D | -0.47% | |
| CSX | B | -0.46% | |
| ADSK | A | -0.45% | |
| DASH | A | -0.44% | |
| ASML | F | -0.42% | |
| ROP | B | -0.41% | |
| WDAY | B | -0.39% | |
| PCAR | B | -0.39% | |
| NXPI | D | -0.38% | |
| ABNB | C | -0.38% | |
| CHTR | C | -0.38% | |
| TTD | B | -0.37% | |
| MNST | C | -0.36% | |
| CPRT | A | -0.36% | |
| FANG | D | -0.35% | |
| PAYX | C | -0.34% | |
| AEP | D | -0.32% | |
| ODFL | B | -0.32% | |
| FAST | B | -0.31% | |
| ROST | C | -0.3% | |
| KDP | D | -0.29% | |
| EA | A | -0.28% | |
| TEAM | A | -0.27% | |
| VRSK | A | -0.27% | |
| BKR | B | -0.27% | |
| DDOG | A | -0.26% | |
| CTSH | B | -0.26% | |
| GEHC | F | -0.25% | |
| KHC | F | -0.25% | |
| LULU | C | -0.25% | |
| IDXX | F | -0.24% | |
| AZN | D | -0.24% | |
| EXC | C | -0.24% | |
| XEL | A | -0.24% | |
| MCHP | D | -0.23% | |
| CCEP | C | -0.23% | |
| CSGP | D | -0.21% | |
| TTWO | A | -0.21% | |
| ZS | C | -0.21% | |
| ON | D | -0.2% | |
| ANSS | B | -0.2% | |
| DXCM | D | -0.19% | |
| WBD | C | -0.16% | |
| CDW | F | -0.16% | |
| BIIB | F | -0.16% | |
| MDB | C | -0.15% | |
| GFS | C | -0.15% | |
| ILMN | D | -0.15% | |
| MRNA | F | -0.11% | |
| ARM | D | -0.11% | |
| DLTR | F | -0.1% | |
| SMCI | F | -0.08% |
TSL: Top Represented Industries & Keywords
QRMI: Top Represented Industries & Keywords
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