Leverage Shares -3x Short Tesla ETP

ISIN XS3135031279

TER
0.75% p.a.
Distribution policy
Accumulating
Replication
Synthetic
Fund size
EUR 6 m
Inception Date
15 June 2021
 

Overview

Description

The Leverage Shares -3x Short Tesla ETP seeks to track the iSTOXX Inverse Leveraged -3x TSLA index. The iSTOXX Inverse Leveraged -3x TSLA index tracks the three times leveraged inverse performance of the Tesla share on a daily basis.
 
The ETN's TER (total expense ratio) amounts to 0.75% p.a.. The ETN replicates the performance of the underlying index synthetically with a swap. The dividends in the ETN are accumulated and reinvested in the ETF.
 
The Leverage Shares -3x Short Tesla ETP is a very small ETN with 6m Euro assets under management. The ETN was launched on 15 June 2021 and is domiciled in Ireland.
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Chart

Basics

Data

Index
iSTOXX Inverse Leveraged -3x TSLA
Investment focus
Equity, United States, Technology
Fund size
EUR 6 m
Total expense ratio
0.75% p.a.
Replication Synthetic (Swap-based)
Legal structure ETN
Strategy risk Short, Leverage
Sustainability No
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in EUR)
188.09%
Inception/ Listing Date 15 June 2021
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Fund Provider Leverage Shares
Germany Unknown
Switzerland Unknown
Austria Unknown
UK Unknown
Indextype -
Swap counterparty -
Collateral manager -
Securities lending No
Securities lending counterparty -

Similar ETNs

This section provides you with information on other ETNs with a similar investment focus to the Leverage Shares -3x Short Tesla ETP.
How do you like our ETF profile? Here you'll find our Questionnaire.

Performance

Returns overview

YTD -92.73%
1 month +5.82%
3 months -70.32%
6 months -79.00%
1 year -96.07%
3 years -99.99%
5 years -
Since inception (MAX) -100.00%
2024 -97.87%
2023 -97.80%
2022 +66.30%
2021 -

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 188.09%
Volatility 3 years 179.40%
Volatility 5 years -
Return per risk 1 year -0.51
Return per risk 3 years -0.53
Return per risk 5 years -
Maximum drawdown 1 year -98.08%
Maximum drawdown 3 years -100.00%
Maximum drawdown 5 years -
Maximum drawdown since inception -100.00%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Borsa Italiana EUR TSLQ -
-
-
-
-
London Stock Exchange GBX TSLQ -
-
-
-
-
XETRA EUR TS3S -
-
-
-
-
London Stock Exchange EUR 3STL -
-
-
-
-
gettex EUR TS3S -
-
-
-
-
Euronext Amsterdam EUR TSLQ -
-
-
-
-
London Stock Exchange USD TS3S -
-
-
-
-

Further information

Further ETNs with similar investment focus

Fund name Fund Size in m € (AuM) TER p.a. Distribution Replication
Leverage Shares 3x Tesla ETP 332 0.75% p.a. Accumulating Swap-based

Frequently asked questions

What is the name of -?

The name of - is Leverage Shares -3x Short Tesla ETP.

What is the ticker of Leverage Shares -3x Short Tesla ETP?

The primary ticker of Leverage Shares -3x Short Tesla ETP is -.

What is the ISIN of Leverage Shares -3x Short Tesla ETP?

The ISIN of Leverage Shares -3x Short Tesla ETP is XS3135031279.

What are the costs of Leverage Shares -3x Short Tesla ETP?

The total expense ratio (TER) of Leverage Shares -3x Short Tesla ETP amounts to 0.75% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

Is Leverage Shares -3x Short Tesla ETP paying dividends?

Leverage Shares -3x Short Tesla ETP is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.

What's the fund size of Leverage Shares -3x Short Tesla ETP?

The fund size of Leverage Shares -3x Short Tesla ETP is 6m Euro. See the following article for more information about the size of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.