TSLQ
Tradr 2X Short TSLA Daily ETF·NASDAQ
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Key Stats
Assets Under Management
311.68MUSD
Fund Flows (1Y)
494.06MUSD
Dividend Yield
10.56%
Discount/Premium to NAV
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Shares Outstanding
16.75M
Expense Ratio
1.17%
About Tradr 2X Short TSLA Daily ETF
Issuer
AXS Investments LLC
Brand
Tradr
Inception Date
Jul 13, 2022
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
AXS Investments LLC
Distributor
ALPS Distributors, Inc.
TSLQ is a short-term tactical tool that aims to deliver -1x 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 -1x multiple. Aside from the inverse exposure, 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.
Classification
Asset Class
Equity
Category
Sector
Focus
Consumer Discretionary
Niche
Automobile Manufacturers
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Single Asset
Selection Criteria
Single asset
Analysis
Asset
Holdings
Symbol
Ratio
CASHUSD
116.95%
CFD TESLA INC
115.65%
TRS TESLA INC
29.86%
CFD TESLA INC-1
26.56%
CFD TESLA INC-2
26.14%
CFD TESLA INC-3
3.91%
Symbol
Ratio
CFD TESLA INC-4
-4.09%
NET OTHER ASSETS
-19.05%
CFD TESLA INC-5
-25.46%
CFD TESLA INC-6
-28.06%
Top 10 Weight 242.41%
10 Total Holdings
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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