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TSLG

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

Analysis and statistics

  • Open
    5.8011$
  • Previous Close
    5.6702$
  • 52 Week Change
    --
  • Day Range
    0.13$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

TSLG.US refers to the Direxion Daily TSLA Bull 1.5X Shares ETF. This ETF seeks daily investment results, before fees and expenses, of 150% (1.5x) of the daily performance of the common stock of Tesla, Inc. (TSLA). It is designed for sophisticated investors who understand the risks associated with leveraged and inverse ETFs and are seeking a short-term tactical investment. Due to the effects of compounding, the ETF's performance over periods longer than one day will likely differ in amount and possibly direction from the stated multiple of the underlying benchmark's return.
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Factors

Tesla Stock Performance: TSLG.US is heavily influenced by Tesla's stock (TSLA) price fluctuations.

Leverage Ratio: Its leveraged nature (3x) magnifies both gains and losses in TSLA, increasing volatility.

Interest Rates: ETF borrowing costs affect expenses, indirectly impacting its price.

Trading Volume/Liquidity: Higher volume ensures tighter bid-ask spreads, reducing transaction costs.

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