Simplify Volt TSLA Revolution ETF
TESL
New York Stock Exchange Arca24.33
USD
-1.24
(+4.20%)
CIK
0001810747
ISIN
US82889N8891
CUSIP
82889N889
Return %
Stock
S&P500
1Y
-18.26
19.01
3Y
282.47
65.48
5Y
94.91
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10845 Griffith Peak Drive Las Vegas NV United States of America 89135
- IPO Date
- Dec 28, 2020
- CIK
- 0001810747
- Website
- simplify.us
- Similar Companies
- Business
- Simplify Volt TSLA Revolution ETF (TESL) is an actively managed exchange-traded fund that seeks capital appreciation through concentrated exposure to Tesla, Inc. (TSLA) and related instruments, including Tesla common stock, Tesla-linked ETFs, swap contracts, and call and put options; it employs a proprietary momentum-based strategy adjusting exposure levels—150% aggressive during strong trends, 100% bullish in steady uptrends, and 80% neutral in uncertain conditions—overlaid with options for downside hedging. Launched on December 28, 2020, and listed on the NYSE Arca, the ETF is issued by Simplify Exchange Traded Funds and sub-advised by Volt Equity LLC, with Simplify Asset Management headquartered in the United States serving as the primary adviser; it targets investors seeking amplified participation in Tesla's growth in electric vehicles, autonomous driving, real-world AI, self-driving technology, and humanoid robotics, primarily through U.S. markets. Top holdings typically feature Tesla stock at around 50%, leveraged Tesla swaps such as TSLBOATRS, U.S. Treasury securities for collateral, and S&P 500 index options, with net assets under management at approximately $44 million and a net expense ratio of 0.97-1.20%. In a recent major change, the fund rebranded from VCAR to its current TESL ticker, reflecting a sharpened focus on Tesla's revolutionary technologies.