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SKDD vs TSLS

GraniteShares 2x Short SK Hynix Daily ETF

SKDDDNasdaq

Direxion Daily TSLA Bear 1X ETF

TSLSANasdaq

Overlap

Expense ratio

TSLS −1.25pt a year

SKDD2.20%TSLS0.95%

Avg volume · 30D

SKDD 24.5×the volume

SKDD7.45MTSLS304K

SKDD vs TSLS Performance

Aug 7, 2026 – Nov 9, 2026

−33.1%SKDD−16.2%TSLS

Aug 7, 2026 to Nov 9, 2026. SKDD −33.1%. TSLS −16.2%. Use the arrow keys to read each point.−60%−50%0%Aug 2026Sep 2026Nov 2026
Expense ratio
SKDD 2.20%
TSLS 0.95%, better
Fund size
SKDD $4M
TSLS $44M
1Y total return
SKDD No data
TSLS −0.7%
Yield (12M)
SKDD No data
TSLS 2.99%
Holdings
SKDD 1
TSLS 4
Avg volume (30D)
SKDD 7.45M sh, better
TSLS 304K sh
NAV per share
SKDD $11.63
TSLS $55.63
52W range

ETF.net Grade

SKDD: Cost 2, Risk 54, Mission not scored, Tradability 83, Holdings not scored, Durability 41. TSLS: Cost 97, Risk 76, Mission 87, Tradability 45, Holdings not scored, Durability 81.
Pillar letters and Scores for SKDD, TSLS, with each pillar’s weight
PillarSKDDTSLS
Cost30% weightF2A97Higher
Mission25% weightNot scoredA87
Risk15% weightC54A76Higher
Tradability15% weightA83HigherC45
Holdings10% weightNot scoredNot scored
Durability5% weightC41A81Higher

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SKDD and TSLS are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

TSLS ranks 3rd and SKDD 38th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 84
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 83
  3. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  4. Rank 4AAMZDDirexion Daily AMZN Bear 1X ETFScore 80
  5. Rank 38DNBIZTradr 2X Short NBIS Daily ETFScore 35
  6. Rank 38DSKDDGraniteShares 2x Short SK Hynix Daily ETFScore 35
  7. Rank 41DRAMZT-Rex 2X Inverse DRAM Daily Target ETFScore 34

Our read on each fund

ETF.net Research

SKDDDGraniteShares 2x Short SK Hynix Daily ETF

TSLSADirexion Daily TSLA Bear 1X ETF

In short

SKDD No data

TSLS The plain short on Tesla: TSLS aims for -1x the stock's daily move, with no leverage stacked on top. Among the small group of Tesla bear funds, it is the cheapest, and the one that dials risk down rather than up.

Stated mandate

SKDD No data

TSLS The Fund seeks daily inverse investment results by maintaining short exposure to TSLA of approximately -100% of its net assets and generally rebalancing that exposure each trading day.

Why people hold it

SKDD No data

  • TSLS Cheapest of the Tesla short funds at 0.95%, undercutting TSDD (1.13%) and TSLZ (1.05%), and running well below the typical inverse single-stock ETF.
  • Inverse, not leveraged inverse. One unit of short Tesla exposure per dollar, which keeps daily compounding drag milder than the -2x versions of the same trade.direxion.com
  • Trading since 2022 and one of the stronger implementations in the inverse single-stock crowd, with enough daily volume to make in-and-out trading practical.

Worth knowing

SKDD No data

  • TSLS Exposure resets every trading day. Over any stretch longer than a day, Tesla's volatility compounds and results can drift well away from -1x the stock's move.direxion.com
  • Direxion calls it a short-term trading vehicle that is not appropriate for investors who will not actively monitor it.sec.gov
  • One company, one story. An earnings print, a product event or a headline about its CEO moves the whole position.

Full SKDD profile⁠

Full TSLS profile⁠

SKDD vs TSLS Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SKDD vs TSLS Cost

Overpaying SKDD vs TSLS

$17,437

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SKDD 2.20%

    $35,306

  • TSLS 0.95%

    $17,869

$10,000
30 years

Cost over time

  • SKDD 2.20%
  • TSLS 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530SKDD $35,306TSLS $17,869

Year by year

YearSKDDTSLSOverpaying
10$3,690$1,678$2,012
20$13,157$6,322$6,835
30$35,306$17,869$17,437

Expense ratio

  • 2.20%SKDD
  • 0.95%TSLS, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

TSLS 2nd cheapest of 43 funds

SKDD 42nd cheapest of 43 funds

SKDD vs TSLS Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
SKDD No data
TSLS 2.99%
Payout (12M)
SKDD None
TSLS $1.57
Last payment
SKDD No data
TSLS $0.40
Ex-dividend
SKDD No data
TSLS Sep 22, 2026
Paid on
SKDD No data
TSLS Sep 29, 2026
Frequency
SKDD No data
TSLS Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

SKDDAll SKDD payments⁠

No distribution history available.

TSLSQuarterly · 18 paymentsAll TSLS payments⁠
One bar per payment. 18 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.23; Dec 8, 2022 $16.19; Dec 20, 2022 $0.56; Mar 21, 2023 $2.55; Jun 21, 2023 $1.86; Sep 19, 2023 $1.80; Dec 21, 2023 $2.29; Mar 19, 2024 $2.40; Jun 25, 2024 $1.68; Sep 24, 2024 $1.39; Dec 23, 2024 $0.66; Mar 25, 2025 $0.76; Jun 24, 2025 $0.53; Sep 23, 2025 $0.40; Dec 23, 2025 $0.49; Mar 24, 2026 $0.34; Jun 23, 2026 $0.34; Sep 22, 2026 $0.40. Use the arrow keys to read each point.$0$1020232026YTD

SKDD vs TSLS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SKDD No dataTSLS 51.7%
Return per unit of riskSharpe ratio, 3 years
SKDD No dataTSLS −0.76
Worst fallMax drawdown, 5 years
SKDD No dataTSLS −90.7%since Aug 2022
Market sensitivityBeta, 5 years
SKDD −3.50TSLS −1.37

SKDD and TSLS in the news

All news⁠

Popular comparisons

  • SKDDDvsAAPDA

    GraniteShares 2x Short SK Hynix Daily ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    2.20% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLSAvsAAPDA

    Direxion Daily TSLA Bear 1X ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    0.95% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SKDDDvsTSDDA

    GraniteShares 2x Short SK Hynix Daily ETF · GraniteShares 2x Short TSLA Daily ETF

    Expense ratio
    2.20% · 0.98%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLSAvsTSDDA

    Direxion Daily TSLA Bear 1X ETF · GraniteShares 2x Short TSLA Daily ETF

    Expense ratio
    0.95% · 0.98%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SKDDDvsAMZDA

    GraniteShares 2x Short SK Hynix Daily ETF · Direxion Daily AMZN Bear 1X ETF

    Expense ratio
    2.20% · 1.02%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLSAvsAMZDA

    Direxion Daily TSLA Bear 1X ETF · Direxion Daily AMZN Bear 1X ETF

    Expense ratio
    0.95% · 1.02%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.