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FSYD

$--
--%
1d
1w
1m

Analysis and statistics

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About

The ETF with ticker symbol FSYD.US is the GraniteShares 1.75x Short Tesla Daily ETF. This leveraged and inverse ETF seeks to provide 1.75 times the inverse (opposite) of the daily performance of Tesla (TSLA) stock. Due to its leveraged and inverse nature, it is designed for very short-term holding periods and carries significant risks, making it unsuitable for long-term investors. The fund resets daily, meaning that performance over periods longer than one day can significantly deviate from the stated multiple of the inverse return of Tesla.
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Factors

Market Sentiment: Overall investor confidence and risk appetite impact demand and trading volume, driving price fluctuations.

Underlying Holdings Performance: The performance of the securities held within the ETF directly influences its Net Asset Value (NAV) and market price.

Supply and Demand: Increased demand generally raises the price, while higher supply can lower it.

Interest Rates: Changes in interest rates can affect the attractiveness of dividend yields and influence investment decisions.

Economic Conditions: Macroeconomic factors like inflation, GDP growth, and employment rates can indirectly impact the performance of the underlying companies and investor sentiment.

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