After the SEC’s recent approval of single-stock ETFs, companies have started applying for their own. AXS Investments is the first in the new scene after launching two ETFs that will track the inverse and leveraged return of Tesla Inc. (TSLA). The ETFs are, AXS TSLA Bear Daily ETF (TSLQ) and the AXS TSLA Bull Daily ETF (TSLU).
AXS Investments Launches Inverse & Leveraged Tesla ETFs
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ETF Newz Says:
There is a lot of volatility involved with single-stock ETFs so investors should understand the risks before investing.