Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
Roundhill Investments - TSLA WeeklyPay ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$17.88−0.17 (−0.96%)
- 0.99%
- $77M
- −16.1%
- 78.40%
- 0.1M sh
- $18.46
- low $15.02high $39.69
The ETF.net TSLW Grade
C
Score 54 out of 100
- 5 of 10
Score 54 of 100 falls in the C 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.C51 out of 100Rank 5 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.C53 out of 100Rank 6 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 2 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C47 out of 100Rank 6 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A70 out of 100Rank 2 of 10
Our read on TSLW
CThe Tesla leverage aisle runs on daily resets and pays nothing. TSLW takes the other road: 1.2x Tesla's calendar-week total return, reset weekly, with a distribution scheduled every week.
TSLW's primary objective is to pay weekly distributions; its secondary objective is to target calendar-week returns, before fees and expenses, equal to 1.2 times the total return of Tesla common shares.
Why people hold it
- The clock resets on the calendar week, not overnight, so the fund tracks 1.2x Tesla's week-over-week total return rather than compounding a fresh daily multiple every session.roundhillinvestments.comsec.gov
- 1.2x is the lightest leverage on the shelf here. The daily bull peers (TSLL, TSLR, TSLT) all target 2x, so this dials the amplification down rather than up.roundhillinvestments.com
- 0.99% expense ratio, below the median for leveraged Tesla funds, which is unusual for a structure that also runs a weekly payout schedule.
Worth knowing
- The adviser expects all or a significant portion of the weekly distributions to be return of capital. That is your own principal cycling back, not income or profit.sec.gov
- Exposure comes from total return swaps, not Tesla shares, and over stretches longer than a week returns can vary in size and direction from the 1.2x target.sec.gov
- Launched in 2025 and moderately traded, so the record is short and the order book is thinner than the aisle's heaviest names. Spreads deserve a look before you click.
TSLW Holdings
- Stocks
- 4
- 204%
- 88160R101 TRS 082627 NM
TSLW 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.Not enough history yet.Not enough history yet.
TSLW$8,392
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 | TSLW |
|---|---|
| Year to date | −22.6% |
| 1 month | +4.1% |
| 3 months | −9.9% |
| 1 year | −16.1% |
| 3 years | — |
| 5 years | — |
| 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 | TSLW |
|---|---|---|
| 2026 YTD | −22.6% | |
| 2025 | +27.6% |
TSLW in the news
TSLW Dividends
- 78.40%
- $14.28
- $0.17 per share
- Weekly
Distribution history
TSLW Risk
- 56.4%
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.
- 0.31
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.
- −47.2%
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.
- 1.59
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TSLW Cost
0.99%
TSLW0.99%
- The middle half of 2x Long Tesla (TSLA) funds
- Median 0.99%
4 of the 10 2x Long Tesla (TSLA) funds charge less.
Other funds in 2x Long Tesla (TSLA)
- BTESLSimplify Volt TSLA Revolution ETFExpense ratio 0.97%1 year return −28.2%
- CTSLGraniteShares 1.25x Long Tsla Daily ETFExpense ratio 1.39%1 year return −16.1%
- CTSLTT-REX 2X Long Tesla Daily Target ETFExpense ratio 1.05%1 year return −41.8%
- CTESCCorgi ETF Trust I - Corgi TSLA 2x Daily ETFExpense ratio 0.20%1 year return —
- CTSLIProShares - Ultra TSLAExpense ratio 1.08%1 year return −40.7%