Here are some stats you should know about Direxions TSLA Defined Income Boost ETF $TSIB:
Launched: July 29, 2026
Expense Ratio: 0.97%
Target Distribution Yield: 20% annualized
Distribution Frequency: Twice monthly
Listed on: Cboe
Holdings:
๐ฅ100% single-stock exposure to Tesla $TSLA
$TSIB is Direxion's TSLA Defined Income Boost ETF, designed to distribute income twice a month by systematically selling weekly out-of-the-money call options on Tesla $TSLA while delta hedging with a long position in the stock.
Performance since launch: +1.25% ๐ข
Disclosure: Direxion is a WOLF Financial Partner.
@Tesla follower? $TSIB is designed for investors seeking 2X monthly income tied to $TSLA volatility.
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The Fund has significant options risk. Please read the prospectus carefully.