- Issuer
- GraniteShares
- Inception Date
- Aug 21, 2023
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Assets Under Management
- $64M
Highlights
- Avg. Volume (1M)
- 1M
- Avg. Volume Value (1M)
- $21.25M
Share Price Chart
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Performance
TSLR Performance Chart
GraniteShares 2x Long TSLA Daily ETF (TSLR) is down 60.8% since the beginning of the year. TSLR is currently trading at $13 per share.
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Returns By Period
GraniteShares 2x Long TSLA Daily ETF (TSLR) has returned -60.77% so far this year and -24.02% over the past 12 months.
GraniteShares 2x Long TSLA Daily ETF
- 1D
- 1.45%
- 1M
- -40.45%
- 6M
- -56.28%
- YTD
- -60.77%
- 1Y
- -24.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -21.28%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
TSLR Monthly Returns History
Based on dividend-adjusted daily data since Aug 22, 2023, TSLR's average daily return is +0.17%, while the average monthly return is +2.34%. At this rate, an investment would double in approximately 2.5 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -10.27% | -13.96% | -16.38% | 2.85% | 27.66% | -10.32% | -48.40% | -60.77% | |||||
| 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% |
| 2023 | 18.35% | -7.55% | -33.61% | 33.70% | 4.72% | 1.69% |
Benchmark Metrics
GraniteShares 2x Long TSLA Daily ETF has an annualized alpha of -36.49%, beta of 4.56, and R2 of 0.35 versus S&P 500 Index. Calculated based on daily prices since August 22, 2023.
- This ETF participated in 360.35% of S&P 500 Index downside but only 243.88% 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
- -36.49%
- Beta
- 4.56
- R²
- 0.35
- Upside Capture
- 243.88%
- Downside Capture
- 360.35%
Expense Ratio
TSLR has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
TSLR ranks 9 for risk / return — above 9% 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 GraniteShares 2x Long TSLA Daily ETF (TSLR) 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.
| TSLR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.25 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 2.00 | -2.39 |
| Martin ratioReturn relative to average drawdown | -0.86 | 8.49 | -9.35 |
Dividends
Dividend History
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 79.93%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-82.80%Apr 2025 | 3mo 21d | — | 1y 7moDec 2024 - now | 2025 selloff2025 |
-76.58%Apr 2024 | 7mo 10d | 6mo 23d | 1y 1moSep 2023 - Nov 2024 | — |
-21.77%Nov 2024 | 2d | 18d | 20dNov 2024 - Dec 2024 | — |
-8.45%Sep 2023 | 1d | 10d | 10dSep 2023 - Sep 2023 | — |
-5.62%Aug 2023 | 1d | 1d | 1dAug 2023 - Aug 2023 | — |
Drawdown Indicators
| TSLR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.80% | -56.78% | -26.02% |
Max Drawdown (1Y)Largest decline over 1 year | -69.80% | -9.10% | -60.70% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
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 | -79.93% | -1.58% | -78.35% |
Average DrawdownAverage peak-to-trough decline | -51.13% | -10.70% | -40.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.27% | 2.14% | +29.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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