ProShares Ultra TSLA (TSLI) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TSLI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TSLI
Among 445 ETFs in the Leveraged Equities category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.76M | Mar 2026 | TSLI vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.51M | Sep 2021 | TSLI vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 256.80M | May 2014 | TSLI vs SPUU | |
| Leverage Shares 2X Long ALB Daily ETF | 0.75% | — | Jan 2026 | TSLI vs ALBG | |
| Leverage Shares 2X Long PLUG Daily ETF | 0.75% | — | Jan 2026 | TSLI vs PLUL |
Best Risk-Adjusted Alternatives to TSLI
Among 269 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 4.43B | Oct 2024 | TSLI vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 613.73M | Nov 2024 | TSLI vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.71M | Apr 2021 | TSLI vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.25M | Apr 2021 | TSLI vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 325.47M | Feb 2025 | TSLI vs INTW |
Top Performing TSLI Alternatives (YTD)
TSLI is at -42.98% YTD. There are 278 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 555.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 555.24% | 113.28M | Feb 2025 | TSLI vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 465.14% | 4.43B | Oct 2024 | TSLI vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 450.51% | 613.73M | Nov 2024 | TSLI vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 334.33% | 68.29M | Nov 2025 | TSLI vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 332.54% | 325.47M | Feb 2025 | TSLI vs INTW |
Lowest Volatility Alternatives to TSLI
TSLI has 89.95% 1-year volatility. There are 238 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.79%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.79% | 22.71M | Apr 2021 | TSLI vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.28% | 20.25M | Apr 2021 | TSLI vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.29M | Jul 2021 | TSLI vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.58% | 66.47M | Apr 2021 | TSLI vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.69% | 20.22M | Jul 2021 | TSLI vs QTJL |
Lowest Drawdown Alternatives to TSLI
Among 269 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.71M | Apr 2021 | TSLI vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.25M | Apr 2021 | TSLI vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.29M | Jul 2021 | TSLI vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.22M | Jul 2021 | TSLI vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 66.47M | Apr 2021 | TSLI vs XDSQ |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 38 | 28.83% | 32.81B | Feb 2010 | TSLI vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 42 | 22.29% | 12.97B | Jun 2006 | TSLI vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -26.94% | 1.40B | Oct 2021 | TSLI vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 47 | 20.15% | 5.20B | Jun 2009 | TSLI vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | 14.99% | 7.93B | Jun 2006 | TSLI vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 9.79% | 11.64B | Oct 2013 | TSLI vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 61 | 58.94% | 2.53B | Jan 2007 | TSLI vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 2 | -36.18% | 2.11B | Feb 2010 | TSLI vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 46 | 11.01% | 395.28M | Mar 2024 | TSLI vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -31.12% | 251.64M | Oct 2011 | TSLI vs UVXY |
Often Compared With TSLI
Investors most often compare TSLI with AMDG, UUUG, TSMG. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare TSLI with Any Fund or Stock
Compare TSLI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TSLI with funds that move differently
ProShares Ultra TSLA alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TSLI.
Explore TSLI Diversifiers