[Hog's Gone Fishin]

Originally Posted by lewdog

Here's what I can honestly figure out.

I think something like TSLY works in sideways and maybe slightly down markets, to keep you ahead of the regular TSLA stock as far as total return. Remember, total return is all that matters. I don't give a shit if that's from the stock price or dividends.

However, you will assume much more risk in downside loss in a true bear market with TSLY. Also during a rapid recovery and very bullish pattern, you won't gather the same upside gains that the straight TSLA stock would see and you'll lag returns then.

Just what I can gather from the price action on both.

TSLA dropped from 279 to 215 the last 30 days (-22.93%)
TSLY dropped from 16.74 to 13.37 last 30 days (-20.13%)

That amount of drop in 30 days I would think constitute a full Bear market (For TSLA/TSLY) so we will see what the dividend announcement is for September.

edit : Also the fund manager states on the upside if the underlying stock will increase 5% or less during the 30 day period , they can pretty much capture ALL the upside, but when it grows at a faster pace it will lag.