Skip to content
etf.net

TSL vs TSLI

GraniteShares 1.25x Long Tsla Daily ETF

TSLCNasdaq

ProShares Ultra TSLA

TSLICNYSE Arca

Overlap

Expense ratio

TSLI −0.23pt a year

TSL1.18%TSLI0.95%

Avg volume · 30D

TSL 25.2×the volume

TSL458KTSLI18.2K

TSL vs TSLI Performance

Oct 31, 2025 – Oct 30, 2026

−20.6%TSL−45.5%TSLI

Oct 31, 2025 to Oct 30, 2026. TSL −20.6%. TSLI −45.5%. Use the arrow keys to read each point.−60%0%Oct 2025Apr 2026Oct 2026
Expense ratio
TSL 1.18%
TSLI 0.95%, better
Fund size
TSL $12M
TSLI $4M
1Y total return
TSL −20.6%, better
TSLI −45.5%
Yield (12M)
TSL 0.00%
TSLI 12.36%, better
Holdings
TSL 2
TSLI 1
Avg volume (30D)
TSL 458K sh, better
TSLI 18.2K sh
NAV per share
TSL $15.46
TSLI $20.85
52W range

ETF.net Grade

TSL: Cost 8, Risk 62, Mission 98, Tradability 65, Holdings not scored, Durability 52. TSLI: Cost 65, Risk 39, Mission 92, Tradability 38, Holdings not scored, Durability 41.
Pillar letters and Scores for TSL, TSLI, with each pillar’s weight
PillarTSLTSLI
Cost30% weightF8B65Higher
Mission25% weightA98HigherA92
Risk15% weightB62HigherD39
Tradability15% weightB65HigherD38
Holdings10% weightNot scoredNot scored
Durability5% weightC52HigherC41

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. TSL and TSLI 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 ›

TSL ranks 4th and TSLI 8th 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 8CTESCCorgi TSLA 2x Daily ETFScore 40
  7. Rank 8CTSLIProShares Ultra TSLAScore 40

Our read on each fund

ETF.net Research

TSLCGraniteShares 1.25x Long Tsla Daily ETF

TSLICProShares Ultra TSLA

In short

TSL In an aisle where 2x is the default, TSL turns the dial down: 1.25x Tesla's daily move, reset every day. Less amplification in both directions, same mechanics.

TSLI The leveraged-ETF old guard, late to the Tesla party. ProShares has been running daily-reset funds since 2006, and TSLI, launched in 2025, is one of the newest of roughly ten funds chasing twice TSLA's daily move.

Stated mandate

TSL The Fund seeks daily leveraged investment results equal to 1.25 times the daily percentage change of Tesla Inc. common stock.

TSLI The fund seeks daily results, before fees and expenses, equal to twice the daily performance of Tesla common stock.

Why people hold it

  • TSL The mildest leverage on the Tesla bull shelf: 1.25x the stock's daily move, where TSLL, TSLR and TSLT all double it.graniteshares.com
  • It has stayed close to that 1.25x daily target, which is the entire job of a daily-reset fund.
  • Listed in August 2022, so it carries a multi-year record through some of Tesla's loudest swings.
  • Same GraniteShares plumbing as its 2x sibling TSLR, so the choice here is the dial setting, not the shop.
  • TSLI Aims to deliver twice Tesla's daily move, before fees, built by a shop that has specialized in leveraged and inverse ETFs since 2006.proshares.comwikipedia.org
  • Day to day it has stayed close to its stated 2x target. The engine does what the label says.
  • Charges 0.95% net of a waiver through September 30, 2027, in line with the typical Tesla 2x fund. The gross fee is 1.95%.

Worth knowing

  • TSL Costs 1.15% net of a waiver through December 31, 2026 (1.39% gross), above the category median fee.
  • The 2x siblings charge less: TSLR 0.95% net of a waiver through December 31, 2026, TSLL 0.83% net of a waiver through September 1, 2027.
  • Daily reset means compounding takes over past one day, so multi-day results can drift from 1.25x Tesla's move. No distributions paid.
  • TSLI The 2x target resets every day, so over longer holds compounding can pull results away from twice Tesla's return, especially in choppy stretches.
  • Smaller and less traded than the established names in this aisle, which can show up as wider spreads getting in and out.
  • Cheaper twins chase the same 2x TSLA daily target: TSLG at 0.80% and TSLL at 0.83% net of a waiver through September 1, 2027.

Full TSL profile⁠

Full TSLI profile⁠

TSL vs TSLI 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.

TSL vs TSLI Cost

Overpaying TSL vs TSLI

$3,674

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

  • TSL 1.18%

    $21,543

  • TSLI 0.95%

    $17,869

$10,000
30 years

Cost over time

  • TSL 1.18%
  • TSLI 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530TSL $21,543TSLI $17,869

Year by year

YearTSLTSLIOverpaying
10$2,065$1,678$387
20$7,697$6,322$1,375
30$21,543$17,869$3,674

Expense ratio

  • 1.18%TSL
  • 0.95%TSLI, cheaper
  • Middle half of 2x Long Tesla (TSLA) funds
  • Median 0.97%

TSLI 4th cheapest of 10 funds

TSL 10th cheapest of 10 funds

TSL vs TSLI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TSL 0.00%
TSLI 12.36%, better
Payout (12M)
TSL None
TSLI $2.57
Last payment
TSL No data
TSLI $0.10
Ex-dividend
TSL No data
TSLI Sep 23, 2026
Paid on
TSL No data
TSLI Sep 29, 2026
Frequency
TSL No data
TSLI Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

TSL3 paymentsAll TSL payments⁠
One bar per payment. 3 payments from 2022 to 2026 YTD. Sep 28, 2022 $0.03; Dec 29, 2022 $0.03; Dec 27, 2023 $6.66. Use the arrow keys to read each point.$0$520232026YTD
TSLIQuarterly · 5 paymentsAll TSLI payments⁠
One bar per payment. 5 payments from 2022 to 2026 YTD. Dec 28, 2022 $4.74; Dec 24, 2025 $2.19; Mar 25, 2026 $0.17; Jun 24, 2026 $0.10; Sep 23, 2026 $0.10. Use the arrow keys to read each point.$0$520232026YTD

TSL vs TSLI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TSL 65.5%TSLI 77.6%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
TSL 0.54TSLI −0.34since Oct 2025
Worst fallMax drawdown, 5 years
TSL −74.4%since Aug 2022TSLI −70.3%since Sep 2025
Market sensitivityBeta, 5 years
TSL 2.06TSLI 2.43

Popular comparisons

  • TSLCvsTSLLA

    GraniteShares 1.25x Long Tsla Daily ETF · Direxion Daily TSLA Bull 2X ETF

    Expense ratio
    1.18% · 0.83%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLICvsTSLLA

    ProShares Ultra TSLA · Direxion Daily TSLA Bull 2X ETF

    Expense ratio
    0.95% · 0.83%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLCvsTSLGA

    GraniteShares 1.25x Long Tsla Daily ETF · Leverage Shares 2X Long TSLA Daily ETF

    Expense ratio
    1.18% · 0.80%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLICvsTSLGA

    ProShares Ultra TSLA · Leverage Shares 2X Long TSLA Daily ETF

    Expense ratio
    0.95% · 0.80%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLCvsTSLRB

    GraniteShares 1.25x Long Tsla Daily ETF · GraniteShares 2x Long TSLA Daily ETF

    Expense ratio
    1.18% · 0.98%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLICvsTSLRB

    ProShares Ultra TSLA · GraniteShares 2x Long 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.