TSLL

Direxion Shares ETF Trust Direxion Daily TSLA Bull 2X Shares

$16.58
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Direxion Daily TSLA Bull 2X Shares ETF (TSLL) seeks to provide 2x the daily return of the common stock of Tesla, Inc. (TSLA).

Overview

ETF tracking Direxion Shares ETF Trust Direxion Daily TSLA Bull 2X Shares

Category Leveraged
Issuer Other
Inception Date 2022-08-09
Market Cap $6.5B
Average Volume N/A
Dividend Yield 4.24%
52-Week Range $6.78 - $40.09
VWAP $16.04

Performance

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Investment Summary

📎 Investment Objective

The Direxion Daily TSLA Bull 2X Shares ETF (TSLL) seeks to provide 2x the daily return of the common stock of Tesla, Inc. (TSLA).

🎯 Investment Strategy

The fund uses derivatives and leveraged investment techniques to amplify the daily performance of the TSLA stock price. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

  • Provides 2x the daily return of Tesla, Inc. stock
  • Utilizes derivatives and leverage to magnify daily performance
  • Resets exposure daily, not designed for long-term holding
  • Very high risk and volatility profile

⚠️ Primary Risks

  • Significant daily volatility and risk of losses
  • Leverage amplifies both gains and losses
  • Potential for divergence from underlying asset performance over time
  • Not suitable for long-term or buy-and-hold investors

👤 Best For

This ETF is intended for experienced, risk-tolerant traders who seek to make short-term, speculative bets on the daily price movements of Tesla stock. It is not recommended for long-term investors or those with a low risk appetite.