# GraniteShares 1.25x Long Tsla Daily ETF (TSL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tsl for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: GraniteShares · Asset class: Leveraged/Inverse - Strategy: Thematic · Inception: 2022-08-09 TSL is a short-term tactical tool that aims to deliver 1.25x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 1.25x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. It may either buy deep in-the-money calls or use a synthetic forward options strategy. Aside from the leverage, the shares take on added volatility due to the lack of diversifi... ## Key Facts | Metric | Value | |---|---| | Price | $14.13 | | Expense Ratio | 1.39% | | Assets Under Management | $11.1M | | NAV | $14.11 | | Holdings Count | 2 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Annual | | 52-Week Range | $10.73 – $21.31 | | Beta | 2.06 | ## Latest Distribution - Amount: $6.6572 /share - Ex-date: 2023-12-27 - Pay date: 2023-12-29 ## Frequently Asked Questions ### What does TSL invest in? TSL is a short-term tactical tool that aims to deliver 1.25x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 1.25x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. It may either buy deep in-the-money calls or use a synthetic forward options strategy. Aside from the leverage, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested. ### What is the expense ratio of TSL? GraniteShares 1.25x Long Tsla Daily ETF (TSL) charges an expense ratio of 1.39%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TSL? GraniteShares 1.25x Long Tsla Daily ETF (TSL) manages $11.1M 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 TSL actively managed or an index fund? TSL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was TSL launched? GraniteShares 1.25x Long Tsla Daily ETF (TSL) launched in August 2022 and is managed by GraniteShares. ### How has TSL performed? TSL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does TSL pay a dividend? GraniteShares 1.25x Long Tsla Daily ETF (TSL) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TSL pay dividends? GraniteShares 1.25x Long Tsla Daily ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TSL's dividend yield? TSL's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is TSL's next ex-dividend date? The most recently announced ex-dividend date for TSL was 2023-12-27. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will TSL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.39% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TSL charge its expense ratio? The expense ratio is deducted in tiny daily slices from TSL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TSL cost more than a fund like VOO? TSL's strategy (current expense ratio 1.39%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where TSL sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to TSL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as TSL (1.39%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tsl - Distribution history: https://www.dividenddata.com/funds/tsl/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tsl/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tsl/expenses - Peer comparison: https://www.dividenddata.com/funds/tsl/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.