Simplify Volt RoboCar Disruption and Tech ETF
VCAR
New York Stock Exchange Arca- -
USD
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- -
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10845 Griffith Peak Drive Las Vegas NV United States of America 89135
- IPO Date
- Dec 29, 2020
- CIK
- 0001810747
- Similar Companies
- Business
- Simplify Volt TSLA Revolution ETF (TESL), formerly known as Simplify Volt RoboCar Disruption and Tech ETF (VCAR), is an actively managed exchange-traded fund that seeks capital appreciation by providing dynamic exposure to Tesla, Inc. (TSLA) common stock and related instruments, including options, swaps, and exchange-traded funds. The fund employs a proprietary algorithm combining momentum analysis—utilizing technical indicators such as moving averages, MACD, Heiken Ashi charts, and RSI—with AI-driven sentiment analysis from news and social media to adjust exposure levels: 150% aggressive during strong momentum, 100% bullish in steady uptrends, and 80% neutral in uncertain conditions; an options overlay further hedges downside risks while enhancing convexity. It targets investors seeking leveraged participation in Tesla's growth in electric vehicles, autonomous driving, real-world AI, energy markets, and humanoid robotics. Launched on December 28, 2020, and issued by Simplify Asset Management Inc.—a New York-based firm founded in 2020 and headquartered at 54 W 40th Street—the ETF is sub-advised by Volt Equity LLC, which applies a first-principles approach to Tesla's disruptive potential. Simplify Asset Management oversees a suite of alternative ETFs focused on institutional-grade strategies with options for risk management and convexity, distributed by Foreside Financial Services, LLC. The fund trades on the NYSE Arca exchange under CUSIP 82889N889, with a gross expense ratio of 1.20% and net assets approximating $25 million as of late 2025. In a significant rebranding within the last year, the fund changed its name to Simplify Volt TSLA Revolution ETF and adopted the ticker TESL from VCAR effective January 2, 2025, to better reflect its concentrated focus on Tesla's stock price movements and options-enhanced strategy amid heightened volatility expectations. This shift followed an evolution from its original robocar disruption theme, which emphasized a narrow portfolio of autonomous driving leaders like TSLA, NVDA, and AMD, to a Tesla-centric approach investing at least 80% of net assets in TSLA-related securities under normal circumstances. Simplify has pursued strategic partnerships, including a September 2025 letter of intent with Streamex Corp. to explore tokenized yield-bearing gold integration into ETF structures, signaling broader innovation in alternative assets.