GraniteShares 1.5x Short TSLA Daily ETF (TSDD)

ETF GraniteShares 1.5x Short TSLA Daily (TSLQ)

Profile:

TSLQ is an actively managed exchange-traded fund designed to deliver 1.5x the inverse daily performance of the Tesla Inc. common stock. It achieves this by utilizing a combination of swap agreements and other financial instruments. As a short-term trading tool, TSLQ is not designed for long-term investments.

Objective:

The primary investment goal of TSLQ is to generate returns that are inversely correlated to the daily price movements of Tesla stock. This means if Tesla stock price goes down, TSLQ seeks to amplify the gains by 1.5x, and vice versa.

Issuer:

GraniteShares is the issuer of TSLQ.

• Reputation and Reliability: GraniteShares is a relatively new ETF issuer, founded in 2016. It is a subsidiary of GraniteShares plc, a UK-based asset management company. Compared to larger, established ETF providers, GraniteShares has a smaller market share and a limited track record.
• Management: The GraniteShares management team consists of experienced professionals with backgrounds in finance, investment management, and quantitative analysis. The team is responsible for developing and managing a suite of innovative and thematic ETFs.

Market Share:

TSLQ has a relatively small market share in the inverse Tesla ETF space. However, it is one of the few ETFs offering a 1.5x short exposure to Tesla.

Total Net Assets:

Currently, TSLQ has a total net asset value of approximately $14 million.

Moat:

TSLQ's moat is primarily based on its unique offering of 1.5x short exposure to Tesla stock. This specific leverage ratio caters to investors seeking amplified returns compared to other short Tesla ETFs.

Financial Performance:

TSLQ's performance has been closely tied to Tesla's stock price movements. It has delivered positive returns during periods of Tesla stock price declines and negative returns during periods of Tesla stock price increases. It is important to note that past performance is not indicative of future results.

Benchmark Comparison:

TSLQ's performance is compared to the inverse of the Tesla stock price.

Growth Trajectory:

The growth trajectory of TSLQ is closely tied to the future performance of Tesla stock. If Tesla stock continues to experience significant volatility, TSLQ could see increased investor interest due to its amplified returns potential.

Liquidity:

TSLQ has a relatively low average daily trading volume, which can lead to wider bid-ask spreads and potentially impact execution prices.

Market Dynamics:

Factors affecting TSLQ's market environment include:

• Tesla's stock price performance
• Overall market volatility
• Investor sentiment towards Tesla
• Regulatory changes in the ETF industry

Competitors:

TSLA's main competitors include:

• SQQQ (ProShares UltraPro Short QQQ): Inverse 3x daily performance of the Nasdaq-100 Index.
• SPXU (ProShares UltraPro Short S&P500): Inverse 3x daily performance of the S&P 500 Index.
• TZA (Direxion Daily Semiconductor Bear 3X Shares): Inverse 3x daily performance of the PHLX Semiconductor Sector Index.

Expense Ratio:

TSLQ has an expense ratio of 0.75%.

Investment Approach and Strategy:

TSLQ employs a short-selling strategy using swap agreements to generate returns opposite to Tesla's stock price movements. The fund does not hold any physical Tesla shares.

Key Points:

• Inversely correlated to Tesla stock price movements
• Amplified 1.5x short exposure
• Actively managed
• Suitable for short-term trading
• Lower liquidity compared to other ETFs

Risks:

• High volatility due to leveraged exposure
• Potential for significant losses if Tesla stock price increases
• Counterparty risk associated with swap agreements
• Short-term trading risks

Who Should Consider Investing:

TSLQ is suitable for experienced investors with a high-risk tolerance and a strong understanding of short-selling strategies. It is not recommended for long-term investments or investors with low-risk appetites.

Fundamental Rating Based on AI:

Based on an AI-based analysis of various factors, including financial health, market position, and future prospects, TSLQ receives a 6 out of 10 fundamental rating.

Disclaimer:

This information is for educational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.

Resources:

• GraniteShares website: https://graniteshares.com/
• ETF Database: https://etfdb.com/
• Yahoo Finance: https://finance.yahoo.com/

I hope this summary provides a comprehensive overview of ETF GraniteShares 1.5x Short TSLA Daily (TSLQ). Please let me know if you have any further questions.