Direxion Daily TSLA Bear 1X ETF (TSLS) NASDAQ
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Address
1301 Avenue of the Americas, 28th Floor
New York, NY 10019
United States of America (the)
Phone
1-866-476-7523
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
August 10, 2022
The Direxion Daily TSLA Bull 2X ETF and Direxion Daily TSLA Bear 1X ETF are designed to achieve particular daily returns based on the performance of Tesla, Inc. (NASDAQ: TSLA) common stock. The Bull 2X ETF targets daily investment outcomes that are double (200%) the stock's performance, before deducting fees and expenses. In contrast, the Bear 1X ETF strives for daily results equal to the inverse (or opposite) movement of Tesla's shares, prior to any associated costs.