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GraniteShares 2x Long TSLA Daily ETF (TSLR)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Inception Date
Aug 21, 2023
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Accumulating
Asset Class
Equity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in GraniteShares 2x Long TSLA Daily ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

GraniteShares 2x Long TSLA Daily ETF (TSLR) has returned -35.45% so far this year and 36.71% over the past 12 months.


GraniteShares 2x Long TSLA Daily ETF

1D
9.25%
1M
-16.38%
YTD
-35.45%
6M
-39.21%
1Y
36.71%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 22, 2023, TSLR's average daily return is +0.24%, while the average monthly return is +3.52%. At this rate, your investment would double in approximately 1.7 years.

Historically, 50% of months were positive and 50% were negative. The best month was Nov 2024 with a return of +80.9%, while the worst month was Feb 2025 at -49.6%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 3 months.

On a daily basis, TSLR closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +45.3%, while the worst single day was Mar 10, 2025 at -30.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-10.27%-13.96%-16.38%-35.45%
2025-2.84%-49.64%-28.54%7.47%46.09%-20.35%-9.36%15.05%72.41%2.00%-13.78%7.09%-25.97%
2024-43.12%13.35%-26.56%2.54%-8.14%21.20%28.10%-17.74%44.90%-14.18%80.85%30.82%67.57%
202318.35%-7.55%-33.61%33.70%4.72%1.69%

Benchmark Metrics

GraniteShares 2x Long TSLA Daily ETF has an annualized alpha of -13.93%, beta of 4.53, and R² of 0.35 versus S&P 500 Index. Calculated based on daily prices since August 23, 2023.

  • This ETF participated in 298.98% of S&P 500 Index downside but only 241.28% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.35 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
-13.93%
Beta
4.53
0.35
Upside Capture
241.28%
Downside Capture
298.98%

Expense Ratio

TSLR has a high expense ratio of 1.50%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

TSLR ranks 30 for risk / return — below 30% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


TSLR Risk / Return Rank: 3030
Overall Rank
TSLR Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
TSLR Sortino Ratio Rank: 4444
Sortino Ratio Rank
TSLR Omega Ratio Rank: 3737
Omega Ratio Rank
TSLR Calmar Ratio Rank: 2727
Calmar Ratio Rank
TSLR Martin Ratio Rank: 2121
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and compare them to a chosen benchmark (S&P 500 Index).


TSLRBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.33

0.90

-0.56

Sortino ratio

Return per unit of downside risk

1.28

1.39

-0.11

Omega ratio

Gain probability vs. loss probability

1.16

1.21

-0.06

Calmar ratio

Return relative to maximum drawdown

0.63

1.40

-0.76

Martin ratio

Return relative to average drawdown

1.35

6.61

-5.25

Explore TSLR risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


GraniteShares 2x Long TSLA Daily ETF doesn't pay dividends

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 GraniteShares 2x Long TSLA Daily 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 GraniteShares 2x Long TSLA Daily ETF was 82.80%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current GraniteShares 2x Long TSLA Daily ETF drawdown is 66.96%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-82.8%Dec 18, 202475Apr 8, 2025
-76.58%Sep 15, 2023151Apr 22, 2024141Nov 11, 2024292
-21.77%Nov 12, 20243Nov 14, 202411Dec 2, 202414
-8.45%Sep 1, 20231Sep 1, 20235Sep 11, 20236
-5.62%Aug 24, 20231Aug 24, 20231Aug 25, 20232

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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