Notable companies
The most notable companies in this group are Tesla (NASDAQ:TSLA).
Industry description
The investment seeks investment results, before fees and expenses, that track the Cboe TSLA Defined Income Index (the “Index”).
The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the index’s constituent securities and financial instruments, such as swap agreements and options, that, in combination, provide exposure to the index consistent with the fund’s investment objective.
High and low price notable news
The average weekly price growth across all stocks in the Direxion TSLA Defined Income Boost ETF (TSIB) ETF was 1%. For the same ETF, the average monthly price growth was 3%, and the average quarterly price growth was -7%. TSLA experienced the highest price growth at -5%, while TSLA experienced the biggest fall at -5%.