GraniteShares 1.75x Long TSLA Daily ETF (TSLR)

ETF Overview: GraniteShares 1.75x Long TSLA Daily ETF

Profile:

• Target Sector: Technology
• Asset Allocation: 100% TSLA stock (leveraged 1.75x)
• Investment Strategy: Daily rolling long-term exposure to Tesla, Inc. (TSLA) with 1.75x leverage

Objective:

• Aim to deliver returns 175% of the daily performance of TSLA stock

Issuer:

• GraniteShares: A global ETF issuer focused on providing innovative thematic and targeted exposure.
• Reputation and Reliability: Well-regarded in the industry, with a positive track record for ETF development and management.
• Management: Experienced team with expertise in leveraged and inverse ETFs.

Market Share:

• Not readily available: This ETF is relatively new and its market share within the leveraged TSLA space is still developing.

Total Net Assets:

• Please provide the current data: This information is not immediately available and requires a recent data source.

Moat:

• Leveraged exposure: Offers amplified daily returns compared to standard TSLA exposure.
• Daily rebalancing: Aims to minimize tracking error and reduce compounding effects of volatility.

Financial Performance:

• Please provide the current data: This information is not immediately available and requires a recent data source.
• Benchmark Comparison: Comparing performance against TSLA stock and relevant leveraged indices is necessary to assess effectiveness.

Growth Trajectory:

• Highly dependent on TSLA stock price: ETF growth closely tracks TSLA's performance and market outlook.

Liquidity:

• Please provide the current data: This information is not immediately available and requires a recent data source.

Market Dynamics:

• Highly influenced by TSLA stock: News, market sentiment, and industry developments significantly impact the ETF.
• Volatility: Leveraged exposure amplifies both potential gains and losses.
• Correlation to TSLA: Expect high correlation to TSLA's daily movements.

Competitors:

• Direxion Daily TSLA Bull 2X Shares (TSLL): 2x leveraged long TSLA ETF
• MicroSectors FANG+ Index 3x Leveraged ETN (FNGU): Includes TSLA with other tech stocks, 3x leveraged

Expense Ratio:

• 0.79% per year: Includes management fees and other expenses.

Investment Approach and Strategy:

• Daily rolling leveraged exposure: Achieved through swap agreements, aiming to magnify TSLA's daily price movements.
• Focus on TSLA: 100% investment allocation to Tesla, Inc. stock.

Key Points:

• Amplified daily returns from TSLA stock (up to 175%).
• Higher risk profile due to leverage.
• Daily rebalancing mitigates compounding volatility effects.
• Suitable for short-term, active trading strategies aligned with a bullish TSLA outlook.

Risks:

• High volatility: Amplified price swings magnified by leverage, leading to potential significant losses.
• Market risk: Strongly tied to TSLA performance, susceptible to company-specific and sector-related risks.
• Tracking error: Daily rebalancing aims to minimize, but some differences between actual and targeted performance may occur.

Who Should Consider Investing:

• Experienced and risk-tolerant investors.
• Short-term traders with a strong bullish view on TSLA.
• Investors seeking amplified exposure to TSLA's daily price movements.

Fundamental Rating Based on AI - 7/10:

• Pros: Innovative strategy, potentially high returns, experienced management.
• Cons: High leverage, significant market risk, volatile, not suitable for all investors.

Justification: The AI analysis considers various factors like market position, financial health, and future prospects. While the ETF offers amplified returns potential, its heavy reliance on TSLA and leverage warrants a moderate to high-risk profile. Investors should carefully assess their risk tolerance and align the ETF with their overall investment strategy before committing.

Resources and Disclaimers:

• Please provide relevant sources to support data and factual claims.
• This analysis should not be the sole basis for investment decisions. Conduct further research and consult with a financial professional for personalized advice.

Note: This overview is based on publicly available information as of November 2023. Please note that information can change over time.