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TSLS ETF Profile


Family: Direxion Shares
Name: Direxion Daily TSLA Bear 1X ETF
Inception Date: 9-Aug-2022
Termination Date:
Investment Objective: The Direxion Daily TSLA Bear 1X Shares (TSLS) seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the fund for a period longer than a full trading day may have no resemblance to -100% of the return of the common shares of Tesla, Inc. (NASDAQ: TSLA) This means that the return of the fund for a period longer than a trading day will be the result of each single day's compounded return over the period, which will very likely differ from -100% of the return of TSLA for that period. Longer holding periods and higher volatility of TSLA increase the impact of compounding on an investor's returns. During periods of higher volatility, the volatility of TSLA may affect the fund's return as much as, or more than, the return of TSLA. Further, the return for investors that invest for periods longer or shorter than a trading day should not be expected to be -100% of the performance of TSLA for the period.
Prospectus
Top 10 Holdings
Derivatives offset 101.8798%
DREYFUS GOVT CASH MAN INS 68.1436%
TESLA INC SWAP -32.3125%
TESLA INC SWAP -30.6012%
TESLA INC SWAP -14.4323%
TESLA INC SWAP -13.2270%
DREYFUS TRSRY SECURITIES CASH MGMT X9USDDTP3 11.9487%
TESLA INC SWAP -11.3069%
GOLDMAN FINL SQ TRSRY INST 506 10.4488%
GOLDMAN SACHS FIN GOV 465 INSTITUT X9USDGLDS 9.4589%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 10
Shares Outstanding: 1,209,909
Total Net Assets: 71,094,260
NAV: 58.75
Net Expense Ratio: 0.95%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Consumer Discretionary
Industry: Automobiles & Components
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Large Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor: Inverse (-1)
Is Currency Hedged: No
US or Ex-US: Domestic
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