Amidst the storm of single-stock ETFs, Innovator ETFs is expected to launch an ETF that will leverage Tesla (TSLA). The Innovator Hedged TSLA Strategy ETF (TSLH) plans to use Flexible Exchange options of TSLA stock to give investors the positive performance up to a certain point, estimated around 8.7% and it will cover losses greater than 10%.
ETF Newz Says:
TSLH wants to offer lower risk tolerance investors a way to gain exposure to TSLA capital appreciation.
