Key stats
About Tidal Trust III Battleshares TSLA vs F ETF
Home page
Inception date
Feb 12, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ELON focuses on investments in Tesla, Inc. (TSLA) and Ford Motor Company (F) through a long/short strategy that aims to effectively navigate the rapidly changing automotive landscape. It establishes a leveraged long position in TSLA, typically targeting 180% to 220% of its net assets, while maintaining a leveraged short position in Ford, generally ranging from -80% to -120%. This strategy reflects a belief in TSLA's innovative edge in electric vehicles, contrasting with Ford's established position in traditional automobiles. By utilizing a mix of direct equity investments, short sales, swaps, and listed options, ELON seeks to respond flexibly to market shifts and create opportunities. Frequent rebalancing allows the fund to manage risk and adapt to changing market conditions. By targeting a net long exposure of 100% to 120% of its net assets, ELON seeks to maintain a balanced approach to risk and return in the automotive sector.
Related funds
Classification
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash79.35%
Mutual fund20.65%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ELON trades at 14.50 USD today, its price has fallen −3.70% in the past 24 hours. Track more dynamics on ELON price chart.
ELON net asset value is 14.52 today — it's fallen 17.38% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ELON assets under management is 1.12 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ELON fund flows account for 2.75 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ELON invests in cash. See more details in our Analysis section.
ELON expense ratio is 1.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ELON isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, ELON doesn't pay dividends to its holders.
ELON trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ELON shares are issued by Toroso Investments Topco LLC
ELON follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 12, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.