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TSLI vs TSLR

ProShares Ultra TSLA

TSLICNYSE Arca

GraniteShares 2x Long TSLA Daily ETF

TSLRBNasdaq

Overlap

0.0%by weight

Expense ratio

TSLI −0.03pt a year

TSLI0.95%TSLR0.98%

Avg volume · 30D

TSLR 72.7×the volume

TSLI18.2KTSLR1.32M

TSLI vs TSLR Performance

Oct 31, 2025 – Oct 30, 2026

−45.5%TSLI−44.0%TSLR

Oct 31, 2025 to Oct 30, 2026. TSLI −45.5%. TSLR −44.0%. Use the arrow keys to read each point.−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
TSLI 0.95%, better
TSLR 0.98%
Fund size
TSLI $4M
TSLR $82M
1Y total return
TSLI −45.5%
TSLR −44.0%, better
Yield (12M)
TSLI 12.36%
TSLR No data
Holdings
TSLI 1
TSLR 2
Avg volume (30D)
TSLI 18.2K sh
TSLR 1.32M sh, better
NAV per share
TSLI $20.85
TSLR $19.78
52W range

ETF.net Grade

TSLI: Cost 65, Risk 39, Mission 92, Tradability 38, Holdings not scored, Durability 41. TSLR: Cost 51, Risk 37, Mission 95, Tradability 75, Holdings not scored, Durability 63.
Pillar letters and Scores for TSLI, TSLR, with each pillar’s weight
PillarTSLITSLR
Cost30% weightB65HigherC51
Mission25% weightA92A95Higher
Risk15% weightD39HigherD37
Tradability15% weightD38A75Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC41B63Higher

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. TSLI 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 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 8CTESCCorgi TSLA 2x Daily ETFScore 40
  6. Rank 8CTSLIProShares Ultra TSLAScore 40

Our read on each fund

ETF.net Research

TSLICProShares Ultra TSLA

TSLRBGraniteShares 2x Long TSLA Daily ETF

In short

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.

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

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

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

  • 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%.
  • 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

  • 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.
  • 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 TSLI profile⁠

Full TSLR profile⁠

TSLI vs TSLR Holdings

How TSLI and TSLR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of TSLI and 0.0% of TSLR.

Level by level

  • Asset classEquity, Leveraged/Inverse0.0%
  • Holdings0 in both0.0%

Sector

No Sector split for TSLI.

Country, concentration and asset class

Country by domicile

No country split for TSLI.

Concentration

Weight in the 10 largest Holdings

  • TSLI100.0%
  • TSLR100.0%

Securities held

  • TSLI0
  • TSLR1

Asset class

TSLI
Equity
TSLR
Leveraged/Inverse

Holdings

  • Only in TSLI0
  • In both0
  • Only in TSLR1

Only in TSLI

0 securities, 0.0% of TSLI by weight

Only in TSLR

1 security, 66.6% of TSLR by weight

  • Tsla66.63%

Weight gaps

TSLI and TSLR share no securities.

All 2 TSLI holdings⁠All 2 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.

TSLI vs TSLR Cost

Overpaying TSLR vs TSLI

$493

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

  • TSLI 0.95%

    $17,869

  • TSLR 0.98%

    $18,362

$10,000
30 years

Cost over time

  • TSLI 0.95%
  • 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 $18,362TSLI $17,869

Year by year

YearTSLITSLROverpaying
10$1,678$1,729$51
20$6,322$6,504$182
30$17,869$18,362$493

Expense ratio

  • 0.95%TSLI, cheaper
  • 0.98%TSLR
  • Middle half of 2x Long Tesla (TSLA) funds
  • Median 0.97%

TSLI 4th cheapest of 10 funds

TSLR 6th cheapest of 10 funds

TSLI vs TSLR Dividends

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

Distribution history

Per share, 2022 to 2026, same scale for both

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
TSLRAll TSLR payments⁠

No distribution history available.

TSLI vs TSLR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TSLI 77.6%since Oct 2025TSLR 104.8%
Return per unit of riskSharpe ratio, 3 years
TSLI −0.34since Oct 2025TSLR 0.46
Worst fallMax drawdown, 5 years
TSLI −70.3%since Sep 2025TSLR −82.8%since Aug 2023
Market sensitivityBeta, 5 years
TSLI 2.43TSLR 3.59

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