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TESL vs TSLR

Simplify Volt TSLA Revolution ETF

TESLCNYSE Arca

GraniteShares 2x Long TSLA Daily ETF

TSLRBNasdaq

Overlap

Expense ratio

TESL −0.01pt a year

TESL0.97%TSLR0.98%

Avg volume · 30D

TSLR 177.6×the volume

TESL7.43KTSLR1.32M

3Y return · a year

TESL +28.7pt

TESL+30.4%TSLR+1.7%

TESL vs TSLR Performance

Oct 31, 2025 – Oct 30, 2026

−40.1%TESL−44.0%TSLR

Oct 31, 2025 to Oct 30, 2026. TESL −40.1%. TSLR −44.0%. Use the arrow keys to read each point.−60%−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
TESL 0.97%, better
TSLR 0.98%
Fund size
TESL $13M
TSLR $82M
1Y total return
TESL −40.1%, better
TSLR −44.0%
Yield (12M)
TESL 54.22%
TSLR No data
Holdings
TESL 1
TSLR 2
Avg volume (30D)
TESL 7.43K sh
TSLR 1.32M sh, better
NAV per share
TESL $12.60
TSLR $19.78
52W range

ETF.net Grade

TESL: Cost 51, Risk 67, Mission not scored, Tradability 24, Holdings 100, Durability 61. TSLR: Cost 51, Risk 37, Mission 95, Tradability 75, Holdings not scored, Durability 63.
Pillar letters and Scores for TESL, TSLR, with each pillar’s weight
PillarTESLTSLR
Cost30% weightC51C51
Mission25% weightNot scoredA95
Risk15% weightB67HigherD37
Tradability15% weightF24A75Higher
Holdings10% weightA100Not scored
Durability5% weightB61B63Higher

Rank among 2x Long Tesla (TSLA) funds

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

Same Category. TESL and TSLR are both graded against the same 10 2x Long Tesla (TSLA) funds, so their Grades compare head to head.

2x Long Tesla (TSLA)⁠

Category · 10 funds
See all 10 ›

TSLR ranks 3rd and TESL 5th of 10 funds in the 2x Long Tesla (TSLA) Category.

  1. Rank 1ATSLLDirexion Daily TSLA Bull 2X ETFScore 72
  2. Rank 2ATSLGLeverage Shares 2X Long TSLA Daily ETFScore 70
  3. Rank 3BTSLRGraniteShares 2x Long TSLA Daily ETFScore 65
  4. Rank 4CTSLGraniteShares 1.25x Long Tsla Daily ETFScore 54
  5. Rank 5CTESLSimplify Volt TSLA Revolution ETFScore 49
  6. Rank 6CTSLTT-REX 2X Long Tesla Daily Target ETFScore 48

Our read on each fund

ETF.net Research

TESLCSimplify Volt TSLA Revolution ETF

TSLRBGraniteShares 2x Long TSLA Daily ETF

In short

TESL Most 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.

TSLR Tesla, doubled, for a single day. TSLR aims for 2x TSLA's daily move through swaps, resets every night, and charges 0.95% net of a waiver through December 31, 2026.

Stated mandate

TESL 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.

TSLR The Fund seeks daily investment results equal to twice the daily percentage change of Tesla Inc.'s common stock, before fees and expenses.

Why people hold it

  • TESL 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
  • TSLR Clean mechanism: 2x Tesla's daily percentage change via total-return swaps collateralised by cash and short-term Treasuries, rebalanced daily. No index detour.graniteshares.com
  • Since its 2023 launch it has stayed close to its stated 2x daily target, putting it in the upper half of the Tesla-leverage field.
  • GraniteShares runs the whole Tesla dial: 1.25x (TSL), this 2x rung, and a -2x short (TSDD). Same issuer, same swap plumbing.graniteshares.comgraniteshares.com 2
  • Actively traded for a single-stock leveraged fund, which matters when the plan is to be out by the close.

Worth knowing

  • TESL 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.
  • TSLR Daily reset: hold past one day and compounding pulls returns away from 2x, most of all in choppy markets. GraniteShares calls it not a buy-and-hold.graniteshares.com
  • Fee is 0.95% net of a waiver through December 31, 2026 (1.05% gross), near the category median. TSLG charges 0.80% and TSLL 0.83% net of a waiver through September 1, 2027.
  • One stock, doubled. An earnings gap or a single headline lands twice as hard, with no other holdings to cushion it.

Full TESL profile⁠

Full TSLR profile⁠

TESL vs TSLR 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.

TESL vs TSLR Cost

Overpaying TSLR vs TESL

$164

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

  • TESL 0.97%

    $18,198

  • TSLR 0.98%

    $18,362

$10,000
30 years

Cost over time

  • TESL 0.97%
  • TSLR 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TSLR $18,362TESL $18,198

Year by year

YearTESLTSLROverpaying
10$1,712$1,729$17
20$6,443$6,504$61
30$18,198$18,362$164

Expense ratio

  • 0.97%TESL, cheaper
  • 0.98%TSLR
  • Middle half of 2x Long Tesla (TSLA) funds
  • Median 0.97%

TESL 5th cheapest of 10 funds

TSLR 6th cheapest of 10 funds

TESL vs TSLR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TESL 54.22%
TSLR No data
Payout (12M)
TESL $6.72
TSLR None
Last payment
TESL $6.72
TSLR No data
Ex-dividend
TESL Dec 23, 2025
TSLR No data
Paid on
TESL Dec 31, 2025
TSLR No data
Frequency
TESL Quarterly
TSLR No data

Distribution history

Per share, 2022 to 2026, same scale for both

TESLQuarterly · 6 paymentsAll TESL payments⁠
One bar per payment. 6 payments from 2022 to 2026 YTD. Mar 28, 2022 $0.05; Dec 23, 2024 $0.15; Mar 26, 2025 $0.15; Jun 25, 2025 $0.15; Sep 25, 2025 $1.00; Dec 23, 2025 $6.72. Use the arrow keys to read each point.$0$520232026YTD
TSLRAll TSLR payments⁠

No distribution history available.

TESL vs TSLR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TESL 62.9%, betterTSLR 104.8%
Return per unit of riskSharpe ratio, 3 years
TESL 0.62, betterTSLR 0.46
Worst fallMax drawdown, 5 years
TESL −69.1%TSLR −82.8%since Aug 2023
Market sensitivityBeta, 5 years
TESL 1.90TSLR 3.59

TESL and TSLR in the news

All news⁠

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