Tradr 2X Short TSLA Daily ETF (TSLQ) is an actively managed exchange-traded fund whose manager typically allocates at least 80% of its portfolio, under normal market conditions, to financial instruments designed to deliver returns inversely proportional to TSLA's daily stock performance. The fund's primary objective is to achieve, on a strictly daily basis and before fees and expenses, a performance that is the exact opposite (-100%) of TSLA's return for that specific day. It's crucial to understand that this inverse performance target is intended for a single day only and is not designed to be maintained over longer periods.