TSLL · Direxion Daily TSLA Bull 2X ETF
Issuer: Direxion
A single-stock leveraged ETF seeking 200% of Tesla (TSLA) shares’ DAILY return before fees and expenses. It employs derivatives such as swaps and resets exposure daily; multi-day performance may deviate substantially from twice Tesla’s cumulative return, with pronounced drawdown and compounding risks. Launched in August 2022, it lacks a full five-year performance history. Its gross expense ratio is 0.95%, versus a net expense ratio of 0.83% after waivers.
A full five-year record is not yet available.
Single-stock concentration and leverage deepen losses.
Derivatives and daily leverage resets increase costs.
Leverage magnifies gains during Tesla rallies.
Active tactical trading in Tesla supports liquidity.
Performance
Stability
Scores are subjective HappyStock assessments from 0 to 10. Past performance does not guarantee future returns.