Simplify Volt TSLA Revolution ETF
TESL
New York Stock Exchange Arca24.33
USD
-1.24
(+4.20%)
Simplify Volt TSLA Revolution ETF
TESL
(New York Stock Exchange Arca)
Recent
price
24.33
P/E
ratio
51.86
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- 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.
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