iShares Global Clean Energy ETF vs Direxion Daily TSLA Bull 2X Shares — how do they compare? iShares Global Clean Energy ETF trades at $18.5, while Direxion Daily TSLA Bull 2X Shares trades at $8.33. The key difference: iShares Global Clean Energy ETF is trading nearer its 52-week high, Direxion Daily TSLA Bull 2X Shares nearer its low. Which is the better fit depends on your goals.
| ICLN | TSLL | |
|---|---|---|
52-Week High | $23.75 | $23.03 |
52-Week Low | $13.66 | $6.74 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the target index. The index may invest up to 20% of its assets in certain futures, trading options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-diversified.
Read more on ICLN →TSLL provides 200% of the daily performance of Tesla, Inc. (TSLA). It uses swaps and financial derivatives to achieve its 2x leverage, making it a high-volatility tool for tactical trading rather than long-term investment due to daily resets.
Read more on TSLL →