TSYXTSPY Lift ETF
Seeks daily investment results, before fees and expenses, of 130% of the daily performance of TSPY.
By TappAlpha · Launched 2026
0.98%
#4,853 of 5,562 · expensive
$11M
#4,712 of 5,562 · small
N/A
5 months
#5,152 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 1 holdings = 73.7% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily investment results, before fees and expenses, of 130% of the daily performance of TSPY.
- Strategy
- Invests primarily in financial instruments to provide 120%-140% exposure to TSPY on a daily basis, rebalancing to 130% exposure. Primarily uses swaps and may also purchase call options on TSPY.
- Inception date
- January 6, 2026
- Fund family
- TappAlpha
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've reviewed TSYX. Save it to your watchlist to track it alongside the other funds you're weighing.
Data updated on 2026-06-19