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TSLS
-1.08 · -17.17%
$5.22 · NASDAQ

Direxion Shares ETF Trust - Direxion Daily TSLA Bear 1X Shares (TSLS) ETF Analysis | Trading--Inverse Equity

Direxion Funds · USA
AUM:$79.2M
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 46.6% over the past year, indicating meaningful price weakness.

Cost Efficiency

Ongoing charge of 1.07% — above average for this category.

What is TSLS?

The fund, under normal circumstances, invests at least 80% of the it"s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to TSLA, consistent with the fund"s investment objective.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
TSLS returned -46.6% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.07% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 89.1% of the ETF — significant weight in a small number of names.
ETF Information
AUM$79.2M
Expense Ratio1.07%
Dividend Yield4.13%
Holdings1
Inception DateAug 2022
Domicile–
Distribution–
Index–
ProviderDirexion Funds
Beta-1.37
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+5.7%
1Y
-14.0%
3Y
-66.5%
5Y
-72.9%
OpenBook InsightIf you had invested £10,000 in TSLS 5 years ago, it would have fallen to £2,708 — a loss of £7,292.

Annual Returns

Calendar year performance

TSLS delivered positive returns in 2 of the last 5 calendar years.
YearTSLS
2026 YTD+14.2%
2025-38.7%
2024-55.7%
2023-64.5%
2022+100.5%
CAGR 4yr-33.7%
2/5 positive yearsAvg return: -8.8%Worst year: -64.5% (2023)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
56.3%
Very High
Momentum
+3.2%
30-day change
Support Level
57.02
Key floor
Key Insights
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.
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