NasdaqGM - Nasdaq Real Time Price USD

GraniteShares 1.25x Long Tsla Daily ETF (TSL)

6.45 -0.15 (-2.27%)
As of 2:46 PM EDT. Market Open.

ETF Summary

The fund is an actively managed etf that attempts to replicate 1.25 times (125%) the daily percentage change of the underlying stock by entering into a swap agreement on the underlying stock. The adviser will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the adviser and the financial institution will agree to exchange the return earned or realized on the underling stock. It is non-diversified.

ETF Overview

Category Trading--Leveraged Equity
Fund Family Graniteshares
Net Assets 4.86M
YTD Daily Total Return -39.80%
Yield 96.36%
Legal Type Exchange Traded Fund

ETF Operations

Attributes TSL Category Average
Annual Report Expense Ratio (net) 1.15% 0.00%
Holdings Turnover 0.00% --
Total Net Assets 642,531.50 642,531.50

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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