(TSLG) Leverage Shares 2X Long - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 40m USD | Total Return: 9.1% in 12m
Avg Turnover: 337M
Warnings
Choppy
Tailwinds
No distinct edge detected
The Leverage Shares 2X Long TSLA Daily ETF (TSLG) is a non-diversified financial instrument designed to provide 200% of the daily price performance of Tesla, Inc. common stock. To achieve this objective, the fund allocates at least 80% of its net assets into various financial instruments that create leveraged exposure. This strategy falls under the Trading-Leveraged Equity category, which typically utilizes derivatives or debt to amplify short-term returns.
Tesla operates within the electric vehicle (EV) and clean energy sectors, maintaining a business model integrated across manufacturing, battery technology, and software-driven autonomous driving features. The EV sector is characterized by high capital intensity and sensitivity to global supply chain fluctuations, which often results in significant equity price volatility. Use ValueRay to analyze how these underlying sector trends impact specific equity valuations. This leveraged ETF is specifically structured for daily rebalancing, meaning its long-term performance may deviate significantly from twice the performance of the underlying stock due to the effects of compounding and market volatility.
- Tesla quarterly vehicle delivery numbers drive underlying asset volatility
- Federal Reserve interest rate policy impacts growth stock valuation premiums
- Full Self-Driving software adoption rates influence long-term margin expectations
- Global lithium prices and battery manufacturing costs affect production profitability
- Daily compounding effects and tracking error risk amplify leveraged fund performance
As of May 29, 2026, the stock is trading at USD 8.07 with a total of 25,623,906 shares traded.
Over the past week, the price has changed by +11.62%,
over one month by +34.95%,
over three months by +12.24% and
over the past year by +9.10%.
Leverage Shares 2X Long has no consensus analysts rating.