TSL vs. TSLL ETF Comparison
Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to Direxion Daily TSLA Bull 1.5X Shares (TSLL)
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
$12.55
Average Daily Volume
361,852
1
TSLL
Direxion Daily TSLA Bull 1.5X Shares
TSLL Description
Direxion Daily TSLA Bull 1.5X Shares is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across electric vehicles and electric vehicle powertrain components sectors. The fund employs short strategy and uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. Direxion Daily TSLA Bull 1.5X Shares is domiciled in the United States.Grade (RS Rating)
Last Trade
$16.52
Average Daily Volume
58,612,130
1
Performance
Period | TSL | TSLL |
---|---|---|
30 Days | 23.54% | 33.08% |
60 Days | 45.60% | 69.44% |
90 Days | 55.14% | 82.32% |
12 Months | -21.41% | 28.69% |
1 Overlapping Holdings
Symbol | Grade | Weight in TSL | Weight in TSLL | Overlap | |
---|---|---|---|---|---|
TSLA | A | 117.88% | 23.65% | 23.65% |
TSL Overweight 0 Positions Relative to TSLL
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TSL Underweight 0 Positions Relative to TSLL
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TSL: Top Represented Industries & Keywords
TSLL: Top Represented Industries & Keywords