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TLAGraniteshares Autocallable Tsla ETF

Grow my moneyNewRanked #2,897 of 2,960 in this goal

Seeks to generate income with limited downside protection by investing in autocallables linked to Tesla's stock price.

By Graniteshares · Launched 2026

Annual Cost

1.07%

#5,126 of 5,562 · expensive

Fund Size

$2M

#5,338 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

4 months

#5,225 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,746+7.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Asset allocation

Cash
98.9%
Other
1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-5.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to generate income with limited downside protection by investing in autocallables linked to Tesla's stock price.
Strategy
Actively managed ETF that invests primarily in autocallables referencing Tesla, Inc. to provide current income and aims for monthly distributions. Utilizes derivatives contracts for exposure, with a focus on maintaining a cash balance in U.S. government securities and high-quality corporate debt.
Inception date
February 2, 2026
Fund family
Graniteshares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20