TSLR Profile
The GraniteShares 1.75x Long TSLA Daily ETF is an actively managed exchange-traded fund designed to offer investors leveraged exposure to Tesla Inc.'s stock performance. The fund aims to deliver 1.75 times (175%) the daily percentage change of Tesla’s stock price, providing an amplified return on a daily basis. This leveraged exposure is achieved through financial instruments, specifically a swap agreement linked to Tesla's stock, allowing investors to benefit from short-term price movements with enhanced potential returns.
The ETF’s investment strategy involves entering into a swap agreement that aims to replicate 1.75 times the daily performance of Tesla's stock. By doing so, the fund seeks to provide leveraged exposure that magnifies the daily returns of the underlying stock. This approach is designed to capture the upside potential of Tesla’s stock price movements on a daily basis, catering to investors who anticipate short-term gains and are looking to capitalize on Tesla’s price fluctuations with greater intensity.
Given its focus on delivering 1.75 times the daily performance of Tesla’s stock, the GraniteShares 1.75x Long TSLA Daily ETF is tailored for investors with a high risk tolerance and a short-term investment horizon. The leveraged nature of the fund means it is suited for tactical trading strategies rather than long-term holding. The daily resetting of leverage can result in significant variations from the intended return over longer periods, particularly in volatile or trending markets.
Overall, the GraniteShares 1.75x Long TSLA Daily ETF provides a specialized tool for traders seeking to gain from short-term increases in Tesla’s stock price, using sophisticated financial strategies to achieve its investment objective. The fund's active management and leveraged approach make it a high-risk, high-reward option, ideal for those looking to engage in precise, short-term trading based on Tesla's daily stock performance.
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