TSL vs. TSLT ETF Comparison

Comparison of GraniteShares 1.25x Long Tesla Daily ETF (TSL) to T-REX 2X Long Tesla Daily Target ETF (TSLT)
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

$7.05

Average Daily Volume

209,249

Number of Holdings *

1

* may have additional holdings in another (foreign) market
TSLT

T-REX 2X Long Tesla Daily Target ETF

TSLT Description The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to TSLA equal to at least 80% of its net assets (plus any borrowings for investment purposes). The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in TSLA that is equal, on a daily basis, to 200% of the value of the fund"s net assets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.95

Average Daily Volume

5,241,360

Number of Holdings *

1

* may have additional holdings in another (foreign) market
Performance
Period TSL TSLT
30 Days 2.03% -1.17%
60 Days -15.67% -28.52%
90 Days -8.91% -19.60%
12 Months -34.78%
1 Overlapping Holdings
Symbol Grade Weight in TSL Weight in TSLT Overlap
TSLA C 124.92% 68.29% 68.29%
TSL Overweight 0 Positions Relative to TSLT
Symbol Grade Weight
TSL Underweight 0 Positions Relative to TSLT
Symbol Grade Weight
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