TSL vs. QQQT ETF Comparison

Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to Defiance Nasdaq 100 Income Target ETF (QQQT)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQT

Defiance Nasdaq 100 Income Target ETF

QQQT Description

The fund is an actively managed exchange-traded fund ("ETF") that primarily seeks to generate current income. It"s strategy involves holding shares of unaffiliated passively managed ETFs that seek to track the performance of the Index ("Index ETFs") and selling daily credit call spreads on the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.33

Average Daily Volume

20,410

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TSL	QQQT
30 Days	83.02%	3.39%
60 Days	50.49%	4.07%
90 Days	75.11%	4.84%
12 Months	-5.49%

0 Overlapping Holdings

	Symbol	Grade	Weight in TSL	Weight in QQQT	Overlap

TSL Overweight 1 Positions Relative to QQQT

	Symbol	Grade	Weight
	TSLA	B	117.88%

TSL Underweight 1 Positions Relative to QQQT

	Symbol	Grade	Weight
	QQQ	B	-99.37%

TSL: Top Represented Industries & Keywords

Industries: Auto Manufacturers

Keywords: Automotive Manufacturers Cars Charging Station Electric Vehicle Motor Vehicles Nasdaq 100 Powertrain Powertrain Systems S&P 500 Transport

QQQT: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Invesco Powershares Nasdaq 100 Nasdaq 100 Index Nasdaq Composite Index Stock Market Index