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4 ETFs with High Exposure to Tesla
Gain exposure to Tesla without investing directly into it
Tesla, the American electric vehicle and clean energy company, has been one of the most spoken about companies in the media over the past couple of months. From having its fourth profitable quarter in a row in Q2 2020, to its stock price soaring past $2,000 before its recent stock split, there has been a lot to talk about when it comes to Tesla.
Analysts and investors have fought back and forth regarding the valuation of Tesla due to how volatile the stock has been over the past year. If you are an individual that believes in Tesla but does not want to be exposed to a lot of volatility from a single company, you should consider looking into investing in an exchange-traded fund (ETF) with high exposure to Tesla.
The following are 4 ETFs with high exposure to Tesla: ARK Innovation ETF (ARKK), First Trust Nasdaq Transportation ETF (FTXR), First Trust Nasdaq Clean Edge Green Energy Index Fund (QCLN), and VanEck Vectors Low Carbon Energy ETF (SMOG).
Note: It is essential to always do your own research and due diligence before investing.
1. ARK Innovation ETF (ARKK)
ARKK is an ETF that seeks long-term growth of capital from investments in domestic and foreign equity…
