GraniteShares 2x Long TSLA Daily ETF (TSLR)
GraniteShares 2x Long TSLA Daily ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $13.84, down 3.28% on the session, giving a market capitalisation of $70.9M. Its beta of 3.51 implies it has historically moved more than the broad market.
This GraniteShares ETF (TSLR) aims to deliver daily investment returns that, before accounting for fees and expenses, are two times (200%) the daily percentage fluctuation of Tesla Inc.'s common stock (TSLA). However, the fund's ability to consistently achieve this stated objective is not guaranteed. Furthermore, it's crucial to understand that the fund is not intended to deliver two times the cumulative return of TSLA when held for periods longer than a single trading day.
GraniteShares 2x Long TSLA Daily ETF is most often compared with the following Financial Services names: