Tesla High Income ETF Update - July 17th
Since common inception, Ninepoint Tesla HighShares ETF (TSHI) leads the peer group with a 3.18% total return. Harvest Tesla Enhanced High Income Shares ETF (TSLY) follows at 1.54%, while Purpose Tesla Yield Shares ETF (YTSL) is nearly flat at -0.10%. Over the same period, Tesla Inc. (TSLA) has declined 2.07%.
Overall, TSHI has delivered the strongest cumulative return since common inception, outperforming both competing Tesla income ETFs as well as direct ownership of Tesla (TSLA). Harvest TSLY has also generated a positive return, while Purpose YTSL has roughly broken even. Direct exposure to TSLA has been the weakest performer over the comparison period.
