Key stats
About DIREXION SHARES ETF TRUST
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Inception date
Aug 9, 2022
Structure
Open-Ended Fund
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
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
TSLL is a short-term tactical tool that aims to deliver 2x 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 2x 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. Prior to April 2, 2024, the fund was named Direxion Daily TSLA Bull 1.5X Shares, seeking to provide a 1.5x leverage exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Durables
Cash
Stocks22.20%
Consumer Durables22.20%
Bonds, Cash & Other77.80%
Cash77.80%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TSLL last dividends amounted to 0.08 USD. The quarter before, the issuer paid 0.14 USD in dividends, which shows a 65.55% decrease.
Yes, TSLL pays dividends to its holders with the dividend yield of 2.74%. The last dividend (Apr 1, 2025) amounted to 0.08 USD. The dividends are paid quarterly.
TSLL shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Aug 9, 2022, and its management style is Passive.
TSLL expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
TSLL follows the Tesla, Inc.. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TSLL invests in cash.
TSLL price has risen by 89.63% over the last month, and its yearly performance shows a −60.41% decrease. See more dynamics on TSLL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −24.06% decrease in three-month performance and has increased by 118.70% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −24.06% decrease in three-month performance and has increased by 118.70% in a year.
TSLL trades at a premium (0.70%) meaning the ETF is trading at a higher price than the calculated NAV.