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TLAGraniteShares Autocallable TSLA ETF

Grow my moneyNewRanked #2,927 of 2,998 in this goal

Seeks to generate income while providing limited downside protection via autocallables referencing Tesla's common stock.

By Graniteshares · Launched 2026

Annual Cost

1.07%

#5,380 of 5,861 · expensive

Fund Size

$2M

#5,472 of 5,861 · small

Return (1Y)Goal

N/A

Track Record

6 months

#5,135 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$9,900-1.0%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 5 holdings = 98.9% of fundconcentrated

Nomura Securities
19.8%
Nomura Securities
19.8%
Nomura Securities
19.8%
Nomura Securities
19.8%
Nomura Securities
19.7%

Asset allocation

Cash
99.2%
Other
0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-11.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to generate income while providing limited downside protection via autocallables referencing Tesla's common stock.
Strategy
Actively managed ETF that seeks current income by gaining exposure to autocallables referencing Tesla, Inc. The Fund invests at least 80% of net assets in derivatives contracts linked to the Underlying Asset, aiming for monthly distributions while providing limited downside protection.
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

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

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

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 2026-08-04