Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
Simplify Volt TSLA Revolution ETF
BThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$14.19−0.09 (−0.60%)
- 0.97%
- $16M
- −28.2%
- 47.39%
- 0M sh
- $14.48
- low $11.53high $29.54
The ETF.net TESL Grade
B
Score 57 out of 100
- 4 of 10
Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B65 out of 100Rank 4 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A76 out of 100Rank 1 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F24 out of 100Rank 9 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F0 out of 100Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B59 out of 100Rank 5 of 10
Our read on TESL
BMost Tesla funds bolt you to a fixed multiple of yesterday's close. TESL runs a momentum model that dials Tesla exposure between 80%, 100% and 150%, with an options overlay meant to cushion the downside.
The fund seeks capital appreciation through active investment primarily in Tesla, Inc., using dynamic 80%, 100%, or 150% exposure levels and an options overlay intended to manage downside risk.
Why people hold it
- The exposure dial moves: a momentum screen sets Tesla exposure at 80%, 100% or 150% rather than locking every session to one multiple.simplify.us
- A 150% ceiling is milder than the 2x daily Tesla funds, and the options overlay is built to hedge downside rather than amplify every move.simplify.us
- At 0.97%, it prices below the cohort median and below 2x peers TSLR and TSLT, both at 1.05%.
- Tesla exposure is assembled from stock, swaps and options, giving the manager more levers than a single swap line.simplify.us
Worth knowing
- Discretion cuts both ways. There is no published multiple to hold the fund to, and at the 80% setting you capture less than Tesla's move.
- Leveraged exposure resets daily, so multi-day results compound and can drift from any simple multiple of Tesla's move.
- A small fund that trades thinly, so bid-ask spreads and order size matter more here than with the heavyweight Tesla products.
TESL Holdings
- Stocks
- 19
- 173%
- Trs Tsla 031527
Sectors
- Consumer Discretionary100.0%
Geography
- United States100.00%
TESL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
TESL$7,183
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TESL |
|---|---|
| Year to date | −17.8% |
| 1 month | +1.5% |
| 3 months | −12.3% |
| 1 year | −28.2% |
| 3 years | +33.0% |
| 5 years | +11.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TESL |
|---|---|---|
| 2026 YTD | −17.8% | |
| 2025 | +3.7% | |
| 2024 | +152.3% | |
| 2023 | +58.2% | |
| 2022 | −61.1% | |
| 2021 | +18.5% | |
| 2020 | +4.8% |
TESL in the news
TESL Dividends
- 47.39%
- $6.72
- $6.72 per share
- Quarterly
Distribution history
TESL Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 62.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.64
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −69.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.90
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TESL Cost
0.97%
TESL0.97%
- The middle half of 2x Long Tesla (TSLA) funds
- Median 0.99%
3 of the 10 2x Long Tesla (TSLA) funds charge less.
Other funds in 2x Long Tesla (TSLA)
- BTSLGThemes ETF Trust - Leverage Shares 2X Long TSLA Daily ETFExpense ratio 0.75%1 year return −39.8%
- BTSLRGraniteShares 2x Long TSLA Daily ETFExpense ratio 1.05%1 year return −39.0%
- CTSLGraniteShares 1.25x Long Tsla Daily ETFExpense ratio 1.39%1 year return −16.1%
- CTSLWRoundhill Investments - TSLA WeeklyPay ETFExpense ratio 0.99%1 year return −16.1%
- CTSLTT-REX 2X Long Tesla Daily Target ETFExpense ratio 1.05%1 year return −41.8%