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TSIBDirexion TSLA Defined Income Boost ETF

Get incomeTake a betNewRanked #726 of 995 in this goal

Tracks the Cboe TSLA Defined Income Index.

By Direxion Funds · Launched 2026

Annual Cost

0.97%

#5,170 of 6,033 · expensive

Fund Size

$2M

#5,564 of 6,033 · small

Return (1Y)

+22.2%

Track Record

2 months

#5,928 of 6,033 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,401+14.0%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

Index tracked

Cboe TSLA Defined Income Index

Holdings

By weight

Concentration

Top 1 holdings = 4.1% of funddiversified

Tesla IncTSLA
4.1%

Asset allocation

Other
66.8%
Cash
29.0%
Stocks
4.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
16.4%Moderate

Year-on-year price swings

Max drawdown
-7.5%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
Cboe BZX

Full fund details

Objective
Tracks the Cboe TSLA Defined Income Index.
Strategy
Seeks to generate income by writing weekly out-of-the-money equity call options on common shares of Tesla, Inc. while delta hedging through long positions in TSLA. The Index targets an annualized distribution rate of 20%.
Inception date
July 28, 2026
Fund family
Direxion Funds

Next steps

Save TSIB to compare it with other funds, or start building a portfolio.

Data updated on 2026-09-16