Overview
Description
Tradr 2X Short TSLA Daily ETF is an exchange-traded fund designed to deliver two times the inverse daily performance of Tesla, Inc. stock, enabling investors to profit from declines in Tesla's share price. This leveraged short product utilizes short positions in the underlying Tesla stock along with resulting cash balances to achieve its objective, providing amplified exposure to downward movements on a daily basis. It operates within the equity sector, focusing specifically on the United States technology industry through its targeted inverse strategy on a single prominent stock. The ETF employs physical replication methods and maintains a base currency in USD, making it accessible for traders seeking tactical short-term positioning against Tesla's volatility. With an emphasis on daily resets, it caters to sophisticated market participants looking to hedge or speculate on intraday Tesla price fluctuations. Domiciled in Ireland and issued by a provider specializing in leveraged instruments, Tradr 2X Short TSLA Daily ETF plays a niche role in the derivatives and leveraged ETF segment of the financial markets, offering liquidity through exchange trading and multiple market makers.
About
Address
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL