Savvylong 2X TSLA ETF (TSLU.TO) Price

Savvylong 2X TSLA ETF is offered by LongPoint, a leading player in the field of passive investments.

The ISIN of Savvylong 2X TSLA ETF is CA54315B7144.

Savvylong 2X TSLA ETF 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.

Volatility decay (also called compounding drag) occurs because Savvylong 2X TSLA ETF 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.

Leveraged ETFs like Savvylong 2X TSLA ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

Savvylong 2X TSLA ETF provides 2X daily long exposure to TSLA. When TSLA moves +1% in a day, Savvylong 2X TSLA ETF targets approximately 2% (before fees).

The ETF is listed in CAD.

European investors may incur additional costs for currency exchange and transaction fees.

No, Savvylong 2X TSLA ETF does not comply with the EU UCITS investor protection directives.

Savvylong 2X TSLA ETF tracks the performance of the Tesla, Inc..

Savvylong 2X TSLA ETF is domiciled in CA.

The fund was launched on 6/3/2025.

The Savvylong 2X TSLA ETF mainly invests in Cyclical consumer goods companies.

The NAV of Savvylong 2X TSLA ETF amounts to 17.48 M CAD.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.