ProShares - Ultra TSLA
TSLI
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Eric C. Silverthorne
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Sep 10, 2025
- Website
- proshares.com
- Similar Companies
- Business
- ProShares Ultra TSLA (TSLI) is a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the common stock of Tesla, Inc. (TSLA). The fund achieves its objective through investments in financial instruments, including swap agreements with major counterparties such as Nomura, Bank of America, Goldman Sachs, Societe Generale, and Citibank, which provide exposure to TSLA; it holds no direct equity positions in Tesla stock. TSLI operates within the trading-leveraged equity segment, targeting investors seeking magnified short-term exposure to Tesla, a leader in electric vehicles, energy storage, and clean energy solutions, and is designed for daily use rather than long-term holding due to compounding effects and volatility decay. TSLI was launched on September 8, 2025, as part of ProShares' expansion of single-stock leveraged ETFs, alongside products targeting 2x daily returns of Coinbase (COIN), NVIDIA (NVDA), and Palantir (PLTR), announced on September 9, 2025. Issued by ProShare Advisors LLC, the fund has a net expense ratio of 0.95% (with contractual waiver through September 30, 2026), quarterly distributions (none made to date), and trades on NYSE Arca with CUSIP 74347Y373. ProShares, founded in 1999 and headquartered in Bethesda, Maryland, is a leading provider of geared ETFs with a broad lineup including leveraged, inverse, and alternative strategies across equities, fixed income, commodities, and volatility. Recent developments include robust trading activity, with average daily volume around 13,000-14,000 shares and assets under management reaching approximately $30 million as of late 2025, alongside a 52-week price range of $25.21 to $44.90. The fund participated in ProShares' November 2025 ETF share split announcements, though not directly affected as a new issuance, reflecting ongoing portfolio adjustments across the issuer's 150+ products. Geographically, TSLI is available to U.S. investors via major exchanges, with ProShares' strategies accessible globally through its U.S.-based operations.