What is the ISIN of SavvyShort (-2X) TSLA ETF Trust Units?

The ISIN of SavvyShort (-2X) TSLA ETF Trust Units is CA54315B6724.

What does leveraged daily exposure mean for SavvyShort (-2X) TSLA ETF Trust Units?

SavvyShort (-2X) TSLA ETF Trust Units aims to deliver 2 times the daily return of TSLA (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect SavvyShort (-2X) TSLA ETF Trust Units?

Volatility decay (also called compounding drag) occurs because SavvyShort (-2X) TSLA ETF Trust Units rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Know before the market does.One step ahead of Buffett.Try the Terminal for free

SavvyShort (-2X) TSLA ETF Trust Units (TSLD.TO) Price

SavvyShort (-2X) TSLA ETF Trust Units Price

— EUR

TER0 %

AUM2.24 M CAD

IndexTesla, Inc.

CurrencyCAD

Funds Launch8/12/2025

SavvyShort (-2X) TSLA ETF Trust Units Price

Access this data via the Eulerpool API

Docs Get Free API Key

Underlying

TSLA

TSLA2X Long Daily

TSLA

SavvyShort (-2X) TSLA ETF Trust Units provides 2X daily exposure to TSLA.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.