Direxion TSLA Defined Income Boost ETF

Frequently Asked Questions About TSIB

What does TSIB invest in?

An exchange-traded fund that seeks to track the investment results of the Cboe TSLA Defined Income Index. The fund, under normal circumstances, invests in financial instruments such as swap agreements and options that provide exposure to the index. The index is designed to generate income by systematically selling weekly, out-of-the-money call options on Tesla, Inc. (TSLA) stock, combined with a daily delta hedging strategy. The fund was formed on July 29, 2026 and is domiciled in the United States.

What is the expense ratio of TSIB?

Direxion TSLA Defined Income Boost ETF (TSIB) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

What is TSIB's dividend yield?

TSIB's trailing-twelve-month yield is 5.56%, calculated from the sum of dividends over the past year divided by the current price.

How big is TSIB?

Direxion TSLA Defined Income Boost ETF (TSIB) manages $2.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is TSIB actively managed or an index fund?

TSIB is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (TSIB's is 0.99%) because there's no security selection cost.

When was TSIB launched?

Direxion TSLA Defined Income Boost ETF (TSIB) launched in July 2026 and is managed by Direxion.