- CUSIP
- 25460G286
- Issuer
- Direxion
- Inception Date
- Aug 9, 2022
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $3B
Highlights
- Avg. Volume (1M)
- 70M
- Avg. Volume Value (1M)
- $679.97M
Share Price Chart
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Performance
TSLL Performance Chart
Direxion Daily TSLA Bull 2X ETF (TSLL) is down 61.2% since the beginning of the year. TSLL is currently trading at $7 per share.
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Returns By Period
Direxion Daily TSLA Bull 2X ETF (TSLL) has returned -61.15% so far this year and -27.70% over the past 12 months.
Direxion Daily TSLA Bull 2X ETF
- 1D
- 1.39%
- 1M
- -49.59%
- 6M
- -56.61%
- YTD
- -61.15%
- 1Y
- -27.70%
- 3Y*
- -20.90%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -23.74%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 18.15%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
TSLL Monthly Returns History
Based on dividend-adjusted daily data since Aug 9, 2022, TSLL's average daily return is +0.12%, while the average monthly return is +2.03%. At this rate, an investment would double in approximately 2.9 years.
Historically, 46% of months were positive and 54% were negative. The best month was Nov 2024 with a return of +80.1%, while the worst month was Dec 2022 at -51.0%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 5 months.
On a daily basis, TSLL closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +45.2%, while the worst single day was Mar 10, 2025 at -30.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -10.47% | -14.09% | -16.71% | 2.63% | 27.67% | -10.36% | -48.38% | -61.15% | |||||
| 2025 | -3.01% | -49.63% | -28.68% | 7.67% | 45.46% | -20.30% | -9.57% | 15.07% | 72.52% | 2.04% | -14.02% | 6.84% | -26.80% |
| 2024 | -35.65% | 10.71% | -19.94% | 2.71% | -8.16% | 21.51% | 28.15% | -18.32% | 44.42% | -14.18% | 80.10% | 30.71% | 99.63% |
| 2023 | 61.60% | 27.72% | -0.46% | -30.49% | 36.56% | 43.59% | 1.82% | -6.51% | -5.73% | -29.22% | 28.86% | 4.66% | 139.86% |
| 2022 | -9.16% | -6.62% | -22.16% | -22.64% | -51.04% | -74.99% |
Benchmark Metrics
Direxion Daily TSLA Bull 2X ETF has an annualized alpha of -26.93%, beta of 3.79, and R2 of 0.32 versus S&P 500 Index. Calculated based on daily prices since August 09, 2022.
- This ETF participated in 278.78% of S&P 500 Index downside but only 192.11% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.32 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -26.93%
- Beta
- 3.79
- R²
- 0.32
- Upside Capture
- 192.11%
- Downside Capture
- 278.78%
Expense Ratio
TSLL has an expense ratio of 0.83%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TSLL ranks 8 for risk / return — above 8% of ETFs peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Direxion Daily TSLA Bull 2X ETF (TSLL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TSLL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.72 | ||
| Sortino ratioReturn per unit of downside risk | -1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.25 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 2.00 | -2.40 |
| Martin ratioReturn relative to average drawdown | -0.88 | 8.49 | -9.37 |
Dividends
Dividend History
Direxion Daily TSLA Bull 2X ETF provided a 13.48% dividend yield over the last twelve months, with an annual payout of $0.99 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.99 | $0.96 | $0.68 | $0.64 | $0.10 |
Dividend yield | 13.48% | 5.00% | 2.47% | 4.44% | 1.57% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily TSLA Bull 2X ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.20 | |||||
| 2025 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.69 | $0.96 |
| 2024 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.44 | $0.68 |
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.40 | $0.64 |
| 2022 | $0.01 | $0.00 | $0.00 | $0.08 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily TSLA Bull 2X ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily TSLA Bull 2X ETF was 82.88%, occurring on Apr 21, 2025. The portfolio has not yet recovered.
The current Direxion Daily TSLA Bull 2X ETF drawdown is 80.38%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-82.88%Apr 2025 | 4mo 4d | — | 1y 7moDec 2024 - now | 2025 selloff2025 |
-81.21%Jan 2023 | 4mo 20d | 1y 11mo | 2y 3moAug 2022 - Dec 2024 | — |
-4.36%Aug 2022 | 0s | 1d | 1dAug 2022 - Aug 2022 | Bear market2022 |
-3.65%Aug 2022 | 0s | 1d | 1dAug 2022 - Aug 2022 | Bear market2022 |
-3.34%Dec 2024 | 0s | 1d | 1dDec 2024 - Dec 2024 | — |
Drawdown Indicators
| TSLL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.88% | -56.78% | -26.10% |
Max Drawdown (1Y)Largest decline over 1 year | -70.13% | -9.10% | -61.03% |
Max Drawdown (3Y)Largest decline over 3 years | -82.88% | -18.90% | -63.98% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -80.38% | -1.58% | -78.80% |
Average DrawdownAverage peak-to-trough decline | -54.36% | -10.70% | -43.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.62% | 2.14% | +29.48% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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