Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide inverse exposure to two times the daily performance of TSLA. It is an actively-managed exchange-traded fund ("ETF") that seeks to achieve on a daily basis, before fees and expenses, -200% performance of TSLA for a single day, not for any other period, by entering into one or more swaps on TSLA. The fund is non-diversified.
Frequently asked questions
What is the AXS TSLA Bear Daily ETF (TSLQ) expense ratio?
The AXS TSLA Bear Daily ETF funds expense ratio is 1.15%.
What is AXS TSLA Bear Daily ETF (TSLQ) current stock price?
As of the latest data, AXS TSLA Bear Daily ETF stock price is $15.46, with a previous close of $17.26. AXS TSLA Bear Daily ETF lost -$1.80 in the last trading session, representing a -10.43% loss.
Does AXS TSLA Bear Daily ETF (TSLQ) pay dividends?
Yes. AXS TSLA Bear Daily ETF pays annual dividends with an annualized yield of 12.41% and an estimated annual payout of $1.92 per share.