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TSLG vs TSLL

Leverage Shares 2X Long TSLA Daily ETF

TSLGANasdaq

Direxion Daily TSLA Bull 2X ETF

TSLLANasdaq

Overlap

Expense ratio

TSLG −0.03pt a year

TSLG0.80%TSLL0.83%

Avg volume · 30D

TSLL 1.6×the volume

TSLG46.4MTSLL74.9M

TSLG vs TSLL Performance

Oct 31, 2025 – Oct 30, 2026

−44.7%TSLG−45.1%TSLL

Oct 31, 2025 to Oct 30, 2026. TSLG −44.7%. TSLL −45.1%. Use the arrow keys to read each point.−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
TSLG 0.80%, better
TSLL 0.83%
Fund size
TSLG $50M
TSLL $3.8B
1Y total return
TSLG −44.7%, better
TSLL −45.1%
Yield (12M)
TSLG No data
TSLL 8.65%
Holdings
TSLG 4
TSLL 12
Avg volume (30D)
TSLG 46.4M sh
TSLL 74.9M sh, better
NAV per share
TSLG $5.59
TSLL $11.39
52W range

ETF.net Grade

TSLG: Cost 83, Risk 34, Mission not scored, Tradability 90, Holdings not scored, Durability 45. TSLL: Cost 74, Risk 44, Mission 90, Tradability 64, Holdings not scored, Durability 80.
Pillar letters and Scores for TSLG, TSLL, with each pillar’s weight
PillarTSLGTSLL
Cost30% weightA83HigherA74
Mission25% weightNot scoredA90
Risk15% weightD34C44Higher
Tradability15% weightA90HigherB64
Holdings10% weightNot scoredNot scored
Durability5% weightC45A80Higher

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. TSLG and TSLL 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 ›

TSLL ranks 1st and TSLG 2nd 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

Our read on each fund

ETF.net Research

TSLGALeverage Shares 2X Long TSLA Daily ETF

TSLLADirexion Daily TSLA Bull 2X ETF

In short

TSLG No data

TSLL Direxion's 2022-vintage Tesla amplifier: it aims for 200% of TSLA's daily move, resetting every close. It began life at 1.5X and stepped up to 2X in 2024. Fee is 0.83% net of a waiver through September 1, 2027.

Stated mandate

TSLG No data

TSLL The fund seeks daily investment results equal to 200% of the performance of its underlying, with correspondingly higher volatility.

Why people hold it

TSLG No data

  • TSLL The mandate is plain and the delivery is close to it: 200% of Tesla's move, reset each close. Among the tightest implementations in the 2X Tesla crowd.
  • 0.83% net of a waiver through September 1, 2027: below the category median and under same-target rivals TSLT (1.05%) and TSLR (0.95%, net of a waiver through December 31, 2026).
  • A multi-billion-dollar fund and very actively traded, which matters in a product people hold for hours rather than years.
  • Live since August 2022, with a multi-year record to inspect (including the 2024 step up from 1.5X to 2X) rather than a brand-new ticker.sec.gov

Worth knowing

TSLG No data

  • TSLL The 200% target is a daily one. Over longer holds the path drives the outcome, and a choppy stretch can leave you well short of twice Tesla's move for the period.sec.gov
  • One stock, zero diversification. Every Tesla earnings call, delivery number and headline lands here with double the force, up and down.sec.gov
  • That 0.83% is the waived rate; the gross fee is 0.95%, so the cost can step up if the waiver is not renewed past September 1, 2027.

Full TSLG profile⁠

Full TSLL profile⁠

TSLG vs TSLL 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.

TSLG vs TSLL Cost

Overpaying TSLL vs TSLG

$513

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

  • TSLG 0.80%

    $15,346

  • TSLL 0.83%

    $15,859

$10,000
30 years

Cost over time

  • TSLG 0.80%
  • TSLL 0.83%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TSLL $15,859TSLG $15,346

Year by year

YearTSLGTSLLOverpaying
10$1,422$1,474$52
20$5,393$5,581$188
30$15,346$15,859$513

Expense ratio

  • 0.80%TSLG, cheaper
  • 0.83%TSLL
  • Middle half of 2x Long Tesla (TSLA) funds
  • Median 0.97%

TSLG 2nd cheapest of 10 funds

TSLL 3rd cheapest of 10 funds

TSLG vs TSLL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TSLG No data
TSLL 8.65%
Payout (12M)
TSLG No data
TSLL $0.97
Last payment
TSLG $0.61
TSLL $0.07
Ex-dividend
TSLG Dec 30, 2025
TSLL Sep 22, 2026
Paid on
TSLG Jan 2, 2026
TSLL Sep 29, 2026
Frequency
TSLG Irregular
TSLL Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

TSLGIrregular · 1 paymentAll TSLG payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 30, 2025 $0.61. Use the arrow keys to read each point.$0$0.5020232026YTD
TSLLQuarterly · 21 paymentsAll TSLL payments⁠
One bar per payment. 21 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.01; Dec 8, 2022 $0.04; Dec 20, 2022 $0.05; Mar 21, 2023 $0.04; Jun 21, 2023 $0.08; Sep 19, 2023 $0.11; Dec 8, 2023 $0.27; Dec 21, 2023 $0.13; Mar 19, 2024 $0.08; Jun 25, 2024 $0.08; Sep 24, 2024 $0.08; Dec 12, 2024 $0.30; Dec 23, 2024 $0.14; Mar 25, 2025 $0.08; Jun 24, 2025 $0.09; Sep 23, 2025 $0.09; Dec 10, 2025 $0.58; Dec 23, 2025 $0.11; Mar 24, 2026 $0.10; Jun 23, 2026 $0.10; Sep 22, 2026 $0.07. Use the arrow keys to read each point.$0$0.5020232026YTD

TSLG vs TSLL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TSLG 100.1%since Jan 2025TSLL 102.3%
Return per unit of riskSharpe ratio, 3 years
TSLG −0.001since Jan 2025TSLL 0.48
Worst fallMax drawdown, 5 years
TSLG −82.9%since Dec 2024TSLL −82.9%since Aug 2022Same figure. Both funds show the same value, so neither comes out ahead.
Market sensitivityBeta, 5 years
TSLG 4.01TSLL 3.20

TSLG and TSLL in the news

All news⁠

Popular comparisons

  • TSLGAvsTSLRB

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

    Expense ratio
    0.80% · 0.98%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLLAvsTSLRB

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

    Expense ratio
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    Category
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  • TSLGAvsTSLC

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    Expense ratio
    0.80% · 1.18%
    Category
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  • TSLLAvsTSLC

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    Expense ratio
    0.83% · 1.18%
    Category
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  • TSLGAvsTESLC

    Leverage Shares 2X Long TSLA Daily ETF · Simplify Volt TSLA Revolution ETF

    Expense ratio
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    Category
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  • TSLLAvsTESLC

    Direxion Daily TSLA Bull 2X ETF · Simplify Volt TSLA Revolution ETF

    Expense ratio
    0.83% · 0.97%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.