Key stats
About Tradr 1.5X Long TSLA Weekly ETF
Expense ratio
1.30%
Home page
Inception date
Sep 3, 2024
TSLW is a short-term tactical tool that provides 1.5x leveraged exposure to the weekly performance of TSLA. The strategy involves entering into one or more swap agreements intended to produce leveraged investment results relative to the returns of TSLA. Unlike traditional ETFs, TSLW introduces added volatility due to its lack of diversification and use of leverage. Holdings are rebalanced weekly to maintain the 150% exposure. However, if TSLAs price drops by 40% or more during a week, the fund will rebalance early to protect against further losses, although this may prevent it from meeting its target return for that week. To maximize results, the fund places its remaining cash in US government securities, money market funds, short-term bond ETFs, or high-quality corporate debt as collateral. The fund is designed for investors with a high-risk tolerance and a short-term outlook.
Classification
What's in the fund
Exposure type
Miscellaneous
Cash
Bonds, Cash & Other100.00%
Miscellaneous63.76%
Cash36.24%
Displays a symbol's price movements over previous years to identify recurring trends.