Skip to content
etf.net

Launched · SEC filings

Themes ETF Trust - Leverage Shares 2X Long TSLA Daily ETF

TSLGNasdaqBThis 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.

$5.00−0.09 (−1.77%)

At close: Oct 13, 2026, 4:00 PM

B70/ 100

Rank 2 of 10 in 2x Long Tesla (TSLA)

B70/100Rank 2 of 10in2x Long Tesla (TSLA)
Intraday session: down, 78 prints from 5.09 to 5.00. Range 4.92 to 5.04. Use the arrow keys to read each point.4.955.0510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$53M
1Y total return
−39.8%
Yield · Last 12 months
Data unavailable
Holdings
4
Avg volume · 30D
42.1M sh
NAV per share
$5.21
52W range
low $3.32high $12.24
Launched
Filings
SEC EDGAR

The ETF.net TSLG Grade

Based on 4 of 6 pillars

B

Score 70 out of 100

Category
2x Long Tesla (TSLA)⁠
Rank
2 of 10
Six-pillar profile for TSLG. Scores out of 100: Cost 84, Risk 40, Mission not scored, Tradability 82, Holdings not scored, Durability 45. Strongest: Cost (84). Weakest: Risk (40). Based on 4 of 6 pillars.

Score 70 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays B for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A84 out of 100
    Rank 2 of 10

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 6 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A82 out of 100
    Rank 1 of 10

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C45 out of 100
    Rank 7 of 10

TSLG Holdings

As of Oct 11, 2026
Asset class
Stocks
Holdings
4
Top-10 weight
211%
Largest holding
Tesla Inc Swap - L - Cs114.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Tesla Inc Swap - L - Cs114.19%135,760$49M1
002—Tesla Inc Swap - L - Marex47.58%56,567$21M1
003—Tesla Inc Swap - L - Cf38.19%45,400$16M1
004—First American Treasury Obligations Fund 01/01/204010.86%4,685,839$5M151

Showing 1–4 of 4 holdings

TSLG Performance

Launched Dec 13, 2024

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.Not enough history yet.Not enough history yet.
TSLG$6,018
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. TSLG $6,018. SPY $12,044. Use the arrow keys to read each point.$3,234$8,419$13,604Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for TSLG. Periods over one year show the average yearly return.
PeriodTSLG
Year to date−45.4%
1 month+5.6%
3 months−21.7%
1 year−39.8%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TSLG
YearReturn barTSLG
2026 YTD−45.4%
2025−26.6%
2024−16.8%

Since listing, Dec 13, 2024

TSLG in the news

Filtered to TSLG · 2x Long Tesla (TSLA) · LeverageShares

TSLG Dividends

Last payment
$0.61 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.61. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 2, 2026$0.61

TSLG 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.

How much the fund’s monthly returns vary, scaled to a year.
100.8%
Annualised · 21 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.13
vs 3-month T-bills · 21 months to Sep 2026
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.

The largest fall from a peak to the low that followed.
−82.9%
21 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
4.01
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TSLG Cost

Expense ratio0.75%
  • The middle half of 2x Long Tesla (TSLA) funds
  • Median 0.99%

1 of the 10 2x Long Tesla (TSLA) funds charge less.

TSLG costs $75.00 a year on $10,000. The median 2x Long Tesla (TSLA) fund costs $99.00.

Other funds in 2x Long Tesla (TSLA)

See others