# Direxion Daily TSLA Bear 1X ETF (TSLS) — Overview

TSLS · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/tsls

## Price

Last close $55.95 on Oct 15, 2026. 52-week range $47.00 – $69.65.

## Fund profile

TSLS provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock.

| Metric | Value |
| --- | --- |
| Issuer | Rafferty Asset Management, LLC |
| Industry | Consumer Discretionary |
| Inception | Aug 9, 2022 |
| Assets under management | $48.9M |
| Expense ratio | 0.95% |
| Net asset value | $56.00 (as of Oct 15, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Direxion Daily TSLA Bear 1X ETF (TSLS)?

TSLS provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock.

### What is TSLS's expense ratio?

Direxion Daily TSLA Bear 1X ETF charges an annual expense ratio of 0.95%. The fund is issued by Rafferty Asset Management, LLC.

### How large is TSLS?

Direxion Daily TSLA Bear 1X ETF manages $48.9M in assets and has traded since Aug 9, 2022.

### How do I buy shares of Direxion Daily TSLA Bear 1X ETF (TSLS)?

TSLS trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).