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The firm’s Institutional Total Stock Market Index Fund (VITNX) is the second-largest fund invested in the electric car company. Morningstar recorded roughly 83.28 million shares, making up 1.39% of the fund’s portfolio. Since this ETF is leveraged, it’s an even riskier product than the unleveraged inverse ETFs we have featured so far. Therefore, it should be used with caution and only for short-term trades. AXS TSLA Bear Daily ETF (TSLQ) is an ETF that seeks to provide inverse investment results (-200%) based on the daily performance of TSLA stock.
Tesla
And with $7.5 billion in assets, it is one of the largest actively managed ETFs. Other top holdings include Zoom Video Communications, Roku, and Coinbase Global. The Clean Edge Green Energy fund is ideally suited for investors interested in the energy transition.
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- Through a series of production delays, lawsuits, and tweets by co-founder and chief executive officer (CEO) Elon Musk, the company has taken investors along for a rollercoaster ride.
- Direxion Daily TSLA Bear 1X Shares (TSLS) is an ETF that aims to provide daily inverse results of Tesla stock.
- The fund, which was established on Aug. 31, 2001, is only open to institutional investors, as it requires a minimum investment of $5 million.
- The Finlo Portfolios analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Tesla, wasn’t one of them.
- This piece provides valuable insights and a side-by-side comparison of the ETFs, helping investors make informed decisions based on their financial goals and risk appetite.
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Which mutual fund invests in Tesla?
You can input the amount of money you invested and the number of years ago you made the investment.. CoinCodex tracks 40,000+ cryptocurrencies on 300+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. There are multiple ETFs and ETPs on the market that allow traders to go short on Tesla. However, these products are relatively complex and their structure makes them only suitable for short-term trades. If you are bearish on Tesla over a longer period of time, these ETFs and ETPs are not a good choice since they are specifically designed for short-term trades.
Tesla Stock Wobbles. Wall Street Is Making a ‘Grave Error.’
As an example – if the price of TSLA decreases by 1% over a trading day, the price of 3STP shares should increase by 3% (minus fees). Inversely, if the price of TSLA rises by 1% over a trading day, the price of 3STP shared should decrease by 3%. Purchasing shares in an inverse ETF is an alternative to other ways of going short on a stock or other asset, such as futures contracts or put options. There are many terms used to refer to such ETFs – examples include “inverse ETF”, “short ETF” or “bear ETF”.
Direxion Daily TSLA Bull 2X Shares ETF (TSLL)
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These ETFs provide you exposure to TSLA without having to invest directly in the stock itself. The ARK Industrial Innovation ETF (ARKQ), formed in September 2009, invests in companies that are likely to benefit from automation or other forms of technological innovation and advancements. Although the fund invests in both domestic and foreign securities, the bulk of its exposure (86.12%) targets U.S. companies. Teradyne Inc. (TER) and Kratos Defense & Security Solutions Inc. (KTOS) round out the ETF’s top three holdings. Select to analyze similar companies using key performance metrics; select up to 4 stocks. XLY has $24.3 billion in assets under management and a low expense ratio of 0.09%.
And let’s not forget the emergence of Tesla founder Elon Musk on the political front. We may also use the personal information you provide to test, further develop and improve our products and services, or to conduct business analysis and market research. For information on how GraniteShares uses and protects the personal information you may provide in and to the Website, please read GraniteShares’ privacy policy located on the Website.
Elon Musk visiting India in 2024? Tesla shares available even before their made-in-India cars hit the road
Transfer your mutual funds holdings to another fund at the same firm where you’re currently invested (Vanguard, BlackRock or State Street). Due to its leveraged nature, this ETF is best suited for short-term trades rather than long-term investing. Like other inverse ETFs, its performance can deviate from expectations over extended periods due to daily rebalancing and compounding effects. Like most other inverse ETFs, TSLS has a fairly high expense ratio of 1.07% and is not designed for long-term holding periods. The fund is best used for short-term short positions when the investor is bearish on TSLA, or as a short-term hedge. When we think of ETFs, we typically think of them as products that allow investors to benefit from the success of companies.
- The following are the three largest mutual funds invested that are invested in the company.
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- The ‘if you had invested’ feature calculates the potential returns of an investment in a particular stock if the user had invested a specified amount of money in the past.
- Determining how to use them, when to use them and how to avoid getting burned from anything related to Tesla’s volatile underlying stock price movement is all part of the “next level” of learning how to design portfolios for modern markets.
Is There an Inverse ETF for Tesla?
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Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive; and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. This segment also provides services and repairs to its energy product customers, including under warranty; and various financing options to its residential customers.
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Unlike traditional ETFs, these ETFs are not designed for long-term holding. If you are going to trade them, you must actively monitor and manage your portfolio to avoid substantial losses. Determining the precise percentage of XBI’s holdings in SPY requires accessing the latest information from the official sources of both ETFs. “All bulled up” on Tesla, with potential to make twice as much as owning the regular common stock.
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- While intended to be helpful, these overviews and tools are no substitute for professional tax, financial or legal advice.
- Remember, you can invest in these ETFs without opening a new US brokerage account.
- Before we begin with our list of the best ETFs to short Tesla, let’s quickly go over the concept of inverse ETFs.
- Performance data quoted represents past performance and is no guarantee of future results.
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As the world is shifting towards renewable and sustainable energy, Tesla is a great option to consider. But some experts raise the concern regarding the impact of Elon Musk’s global presence and his controversial statements on the stock price. However, considering the positive growth history and the growing demand of renewable energy in the future, tesla is a good bet. It has an expense ratio of 0.14% and a total of $921.4 billion in AUM as of July 31, 2023. The fund attempts to mimic and has closely matched the returns of the S&P 500. The Motilal Oswal Nasdaq 100 ETF in India has Tesla among its top holdings.
However, there are also ETFs that are designed to do the opposite, bringing investors profits when the price of a certain stock or other asset declines. For some investors, the volatility risk of TSLA stock outweighs its potential upside. These investors may prefer investing in an ETF that offers exposure to TSLA as well as similar companies.