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TSLG vs TSLR

Leverage Shares 2X Long TSLA Daily ETF

TSLGANasdaq

GraniteShares 2x Long TSLA Daily ETF

TSLRBNasdaq

Overlap

Expense ratio

TSLG −0.18pt a year

TSLG0.80%TSLR0.98%

Avg volume · 30D

TSLG 35.1×the volume

TSLG46.4MTSLR1.32M

TSLG vs TSLR Performance

Oct 31, 2025 – Oct 30, 2026

−44.7%TSLG−44.0%TSLR

Oct 31, 2025 to Oct 30, 2026. TSLG −44.7%. TSLR −44.0%. Use the arrow keys to read each point.−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
TSLG 0.80%, better
TSLR 0.98%
Fund size
TSLG $50M
TSLR $82M
1Y total return
TSLG −44.7%
TSLR −44.0%, better
Holdings
TSLG 4
TSLR 2
Avg volume (30D)
TSLG 46.4M sh, better
TSLR 1.32M sh
NAV per share
TSLG $5.59
TSLR $19.78
52W range

ETF.net Grade

TSLG: Cost 83, Risk 34, Mission not scored, Tradability 90, Holdings not scored, Durability 45. TSLR: Cost 51, Risk 37, Mission 95, Tradability 75, Holdings not scored, Durability 63.
Pillar letters and Scores for TSLG, TSLR, with each pillar’s weight
PillarTSLGTSLR
Cost30% weightA83HigherC51
Mission25% weightNot scoredA95
Risk15% weightD34D37Higher
Tradability15% weightA90HigherA75
Holdings10% weightNot scoredNot scored
Durability5% weightC45B63Higher

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 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 ›

TSLG ranks 2nd and TSLR 3rd 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

Our read on each fund

ETF.net Research

TSLGALeverage Shares 2X Long TSLA Daily ETF

TSLRBGraniteShares 2x Long TSLA Daily ETF

In short

TSLG No data

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

TSLG No data

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

TSLG No data

  • 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

TSLG No data

  • 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 TSLG profile⁠

Full TSLR profile⁠

TSLG 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.

TSLG vs TSLR Cost

Overpaying TSLR vs TSLG

$3,016

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

  • TSLG 0.80%

    $15,346

  • TSLR 0.98%

    $18,362

$10,000
30 years

Cost over time

  • TSLG 0.80%
  • 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 $18,362TSLG $15,346

Year by year

YearTSLGTSLROverpaying
10$1,422$1,729$307
20$5,393$6,504$1,111
30$15,346$18,362$3,016

Expense ratio

  • 0.80%TSLG, cheaper
  • 0.98%TSLR
  • Middle half of 2x Long Tesla (TSLA) funds
  • Median 0.97%

TSLG 2nd cheapest of 10 funds

TSLR 6th cheapest of 10 funds

TSLG vs TSLR Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
TSLG No data
TSLR None
Last payment
TSLG $0.61
TSLR No data
Ex-dividend
TSLG Dec 30, 2025
TSLR No data
Paid on
TSLG Jan 2, 2026
TSLR No data
Frequency
TSLG Irregular
TSLR No data

Distribution history

Per share, 2025 to 2026, same scale for both

TSLGIrregular · 1 paymentAll TSLG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.61. Use the arrow keys to read each point.$0$0.502026YTD
TSLRAll TSLR payments⁠

No distribution history available.

TSLG vs TSLR 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 2025TSLR 104.8%
Return per unit of riskSharpe ratio, 3 years
TSLG −0.001since Jan 2025TSLR 0.46
Worst fallMax drawdown, 5 years
TSLG −82.9%since Dec 2024TSLR −82.8%since Aug 2023
Market sensitivityBeta, 5 years
TSLG 4.01TSLR 3.59

Popular comparisons

  • TSLGAvsTSLLA

    Leverage Shares 2X Long TSLA Daily ETF · Direxion Daily TSLA Bull 2X ETF

    Expense ratio
    0.80% · 0.83%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLRBvsTSLLA

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

    Expense ratio
    0.98% · 0.83%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLGAvsTSLC

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

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

  • TSLRBvsTSLC

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

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

  • TSLGAvsTESLC

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

    Expense ratio
    0.80% · 0.97%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLRBvsTESLC

    GraniteShares 2x Long TSLA Daily ETF · Simplify Volt TSLA Revolution ETF

    Expense ratio
    0.98% · 0.97%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.