(TSLS) Direxion Daily TSLA Bear - Overview

ETF Category: Trading--Inverse Equity | Exchange: NASDAQ (USA) | Market Cap: 55m USD | Total Return: -35.1% in 12m

Inverse ETFs, Swap Agreements, Options, Short Exposure
Total Rating 62
Safety 76
Buy Signal 1.04
Trading--Inverse Equity
Category Rotation: +26.0
TER: 1.07%
AUM: 54.9M
Avg Turnover: 18.9M
Risk 3d forecast
Volatility49.8%
VaR 5th Pctl8.89%
VaR vs Median-0.86%
Reward TTM
Sharpe Ratio-0.84
Rel. Str. IBD17.7
Rel. Str. Peer Group85.2
Character TTM
Beta-2.355
Beta Downside-2.510
Hurst Exponent0.470
Drawdowns 3y
Max DD84.16%
CAGR/Max DD-0.40
CAGR/Mean DD-0.68

Warnings

No concerns identified

Tailwinds

Idiosyncratic Leader, Tailwind

Description: TSLS Direxion Daily TSLA Bear

The Direxion Daily TSLA Bear 1X Shares (TSLS) is a non-diversified exchange-traded fund designed to provide the daily inverse performance of Tesla, Inc. common stock. To achieve its 1X short exposure, the fund invests at least 80% of its net assets in financial derivatives, primarily swap agreements and options contracts.

Inverse ETFs function as tactical trading tools rather than long-term investments because their performance is reset daily, which can lead to compounding effects during periods of high volatility. This specific fund operates within the single-stock ETF sector, a relatively new category of financial products that allows investors to hedge against or speculate on the price movements of individual equities without using a standard margin account.

For a more detailed breakdown of these risk factors and underlying holdings, you can review the latest data on ValueRay. Investors should monitor the daily rebalancing process, as the funds return over periods longer than one day may deviate significantly from the inverse performance of the underlying stock.

Headlines to Watch Out For
  • Tesla vehicle delivery figures and production volume fluctuations
  • Elon Musk leadership volatility and strategic shift sentiment
  • Global electric vehicle demand and competitive pricing pressure
  • Daily rebalancing costs and compounding effects of fund leverage
  • Federal Reserve interest rate policy impacting growth stock valuations
What is the price of TSLS shares?

As of June 07, 2026, the stock is trading at USD 56.15 with a total of 239,145 shares traded.
Over the past week, the price has changed by +10.86%, over one month by -1.59%, over three months by +1.02% and over the past year by -35.08%.

Is TSLS a buy, sell or hold?

Direxion Daily TSLA Bear has no consensus analysts rating.