TYYYxETFs TSLA Daily Income ETF
Seeks to provide investment results that correspond generally to the total return of the common stock of Tesla, Inc.
By xETFS · Launched 2026
0.01%
#59 of 5,609 · low cost
$0.5M
#5,576 of 5,609 · small
—
1 month
#5,521 of 5,609 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide investment results that correspond generally to the total return of the common stock of Tesla, Inc.
- Strategy
- Actively manages a synthetic covered call strategy to generate current income while providing exposure to TSLA. Invests primarily in cash equivalents and total return swaps to replicate TSLA's performance, while selling call options to generate income.
- Inception date
- May 14, 2026
- Fund family
- xETFS
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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 2026-06-30