TSLG

Leverage Shares 2X Long TSLA Daily ETF

$8.27

+0.00%

Market closed. Last update: 12:00 PM ET

📎 Investment Objective

The Leverage Shares 2X Long TSLA Daily ETF (TSLG) seeks to provide 2x the daily return of the Tesla, Inc. (TSLA) stock.

Overview

ETF tracking Leverage Shares 2X Long TSLA Daily ETF

Category Leveraged

Issuer Other

Inception Date 2024-12-13

Market Cap $37.9M

Average Volume N/A

Dividend Yield N/A

52-Week Range $3.36 - $19.60

VWAP $8.16

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long TSLA Daily ETF (TSLG) seeks to provide 2x the daily return of the Tesla, Inc. (TSLA) stock.

🎯 Investment Strategy

The ETF uses derivatives and leverage to amplify the daily performance of the underlying TSLA stock. It does not seek to achieve its stated investment objective over periods longer than one day.

✨ Key Features

Provides 2x leveraged exposure to the daily performance of TSLA stock
Resets leverage daily, which can lead to compounding effects over longer periods
Designed for short-term trading, not long-term buy-and-hold investment
Has not yet accumulated significant assets under management

⚠️ Primary Risks

Significant risk of loss due to the use of leverage and daily reset
Potential for large tracking errors and divergence from the underlying asset over time
High volatility and risk of sudden and substantial losses
Not suitable for investors with a low risk tolerance or long-term investment horizon

👤 Best For

This ETF is best suited for experienced, sophisticated traders who understand the risks of leveraged products and are looking for short-term, speculative exposure to the daily performance of TSLA stock. It is not recommended for long-term, buy-and-hold investors.