ETF -Ills for lovers and haters of Tesla
As Elon Musk assumes a growing role as the head of the new Department for the Efficiency of the Government of Trump’s Administration (Doge), the discussion is increasing about how politics influences Tesla Inc. (Tsla).
Although the supplies of an electric car manufacturer has received 45% in the last 12 months, it has been immersed 28% so far and has been mostly unchanged from the November elections.
For ETF investors, field of opportunity Betting strongly for or against stocks is wide open.
AND TRNAND 2x Short Tesla Dalest Etf (TSLQ), What is the strategy for trading daily betting on the price of Tesla shares, has increased by 78%this year.
The interruption of that trade would be T-Rex 2x Long Tesla Daily Target ETF (TSLT)which underlines the double sword of these types of one-way ETFs with a 56% fall this year.
But out of the most aggressive ways to bet for or against Tesla’s stock, screening data ETF.com Show the extracts to the car manufacturer that expanded to 355 ETF in varying degrees.
With a weighting of nearly 46%, TSLT stands out as an ETF with the highest extracting of TSLA. The highest share is held in Invesco QQQ TRUST ETF (QQQ)with 36 million out of a total of 273 million held by ETF. Tesla makes up 4% of ETF of $ 329 billion.
There are also many ways to expose Tesla Bulls without making large heart bets.
AND Mart Global recycling battery and ETF (EV) production It has a comfortable but significant weight of 9% in tsla.
Tesla is also a regular posture among sustainable ESG categories. Tsla represents 7.7% of Invesco MSCI Sustainable Future Etf (Erth) and 8% of God bless America Etf (yall)which some could describe as the opposite of the ESG strategy.
For those investors who want to completely avoid Tesla for political or other reasons, a good place to start would be tools etf.com Section, where 355 ETF with Tesla exposure can be viewed according to various criteria.
Near the bottom of the list there is Nuveen Sustainable Core Etf (NSCR)which has only 0.05% of the TSLA distribution.
Right behind it, with a distribution of 0.07%, is Invesco Russell 1000 equal to the weight of ETF (Eqal).