TSDD

GRANITESHARES 2X SHORT TSLA DAILY ETF

ETF NASDAQ – Stock Market Prices, News & Analysis

Inverse ETF aiming to produce double the opposite of Tesla's daily returns.

$ 8.97
0.11 %

GRANITESHARES 2X SHORT TSLA DAILY ETF

$ 8.97
0.11 %
TSDD

Inverse ETF aiming to produce double the opposite of Tesla's daily returns.

Price history of GRANITESHARES 2X SHORT TSLA DAILY ETF
Price history of GRANITESHARES 2X SHORT TSLA DAILY ETF

Performance & Momentum

6 Months 42.18 %
1 Year 83.78 %
3 Years 97.39 %
5 Years 97.25 %
Momentum
79

Strategic Analysis

GRANITESHARES 2X SHORT TSLA DAILY ETF • 2026

The GraniteShares 2x Short TSLA Daily ETF is designed to provide experienced investors with short exposure to Tesla, aiming to generate double the inverse of the daily returns of the stock. This ETF is targeted at investors who anticipate negative performance from Tesla and wish to potentially benefit from these declines.

Strengths
  • Provides an opportunity for hedging against price declines of Tesla, which is attractive during periods of volatility or anticipated downturns in Tesla stocks.
  • Allows for leveraged exposure, offering the potential for increased gains in the event of a decline in Tesla shares.
Weaknesses
  • Extremely risky, especially due to market volatility and the fact that it targets double the opposite returns, which can lead to significant losses.
  • Dependence on the performance of a single company (Tesla), resulting in a high concentration risk.
Momentum

The ETF has experienced very negative performance during the observed periods, reflecting a significant decline resulting from the increase in Tesla's stock price. The current momentum indicates a challenging strategy in a market where Tesla continues to innovate and perform. This negative trend should prompt investors to exercise caution and conduct a thorough analysis of the risks.

Analysis performed 2 weeks ago

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