Direxion Daily TSLA Bear 1X Shares (TSLS)
TSLS is a passive ETF by Direxion tracking the investment results of the Tesla Inc (--100%). TSLS launched on Aug 8, 2022 and has a 1.07% expense ratio.
ETF Info
| ISIN | US25460G2600 |
|---|---|
| Issuer | Direxion |
| Inception Date | Aug 8, 2022 |
| Region | North America (U.S.) |
| Category | Inverse Equities, Leveraged |
| Leveraged | 1x |
| Index Tracked | Tesla Inc (--100%) |
| Asset Class | Equity |
Expense Ratio
TSLS has a high expense ratio of 1.07%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TSLS vs. TSLQ, TSLS vs. TSLZ, TSLS vs. TSDD, TSLS vs. TSLA, TSLS vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily TSLA Bear 1X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily TSLA Bear 1X Shares had a return of -46.70% year-to-date (YTD) and -54.38% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -46.70% | 25.82% |
| 1 month | -42.87% | 3.20% |
| 6 months | -59.72% | 14.94% |
| 1 year | -54.38% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of TSLS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 30.46% | -7.66% | 13.45% | -9.03% | 2.11% | -10.50% | -18.93% | 6.16% | -19.67% | -1.39% | -46.70% | ||
| 2023 | -33.24% | -17.55% | -2.73% | 24.10% | -20.16% | -23.15% | -3.71% | 2.43% | 1.45% | 22.86% | -17.43% | -3.60% | -60.12% |
| 2022 | 1.84% | 2.38% | 12.96% | 12.96% | 50.71% | 100.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TSLS is 1, indicating that it is in the bottom 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily TSLA Bear 1X Shares (TSLS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily TSLA Bear 1X Shares provided a 7.94% dividend yield over the last twelve months, with an annual payout of $0.78 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.78 | $0.85 | $1.70 |
Dividend yield | 7.94% | 4.52% | 3.46% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily TSLA Bear 1X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.55 | |
| 2023 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.23 | $0.85 |
| 2022 | $0.02 | $0.00 | $0.00 | $1.68 | $1.70 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily TSLA Bear 1X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily TSLA Bear 1X Shares was 81.35%, occurring on Nov 11, 2024. The portfolio has not yet recovered.
The current Direxion Daily TSLA Bear 1X Shares drawdown is 81.35%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -81.35% | Dec 28, 2022 | 471 | Nov 11, 2024 | — | — | — |
| -14.83% | Nov 22, 2022 | 7 | Dec 1, 2022 | 8 | Dec 13, 2022 | 15 |
| -13.29% | Sep 6, 2022 | 10 | Sep 19, 2022 | 9 | Sep 30, 2022 | 19 |
| -11.35% | Oct 17, 2022 | 10 | Oct 28, 2022 | 6 | Nov 7, 2022 | 16 |
| -9.86% | Nov 10, 2022 | 2 | Nov 11, 2022 | 6 | Nov 21, 2022 | 8 |
Volatility
Volatility Chart
The current Direxion Daily TSLA Bear 1X Shares volatility is 31.34%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.