Weekly Tesla ETF Update — August 24
Over the common period shown, Ninepoint Tesla HighShares ETF (TSHI) leads the group with a -5.54% cumulative total return, followed by Harvest Tesla Enhanced High Income Shares ETF (TSLY) at -6.69%, Tesla (TSLA) at -6.70%, and Purpose Tesla Yield Shares ETF (YTSL) at -8.07%.
TSHI has outperformed Tesla shares by 1.16 percentage points, Harvest TSLY by 1.15 points, and Purpose YTSL by 2.53 points over the common period.
Despite Tesla declining over the period, TSHI has provided the strongest downside outcome of the group, highlighting how option income can contribute to total return during a weaker period for the underlying stock.
