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Direxion Daily TSLA Bear 1X Shares (TSLS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25460G2600

Issuer

Direxion

Inception Date

Aug 8, 2022

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Tesla Inc (--100%)

Asset Class

Equity

Expense Ratio

TSLS has a high expense ratio of 1.07%, indicating higher-than-average management fees.


Expense ratio chart for TSLS: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
TSLS vs. TSLZ TSLS vs. TSDD TSLS vs. TSLQ TSLS vs. TSLA TSLS vs. VOO
Popular comparisons:
TSLS vs. TSLZ TSLS vs. TSDD TSLS vs. TSLQ TSLS vs. TSLA TSLS vs. VOO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily TSLA Bear 1X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%AugustSeptemberOctoberNovemberDecember2025
-52.54%
7.76%
TSLS (Direxion Daily TSLA Bear 1X Shares)
Benchmark (^GSPC)

Returns By Period

Direxion Daily TSLA Bear 1X Shares had a return of -7.08% year-to-date (YTD) and -64.83% in the last 12 months.


TSLS

YTD

-7.08%

1M

-3.91%

6M

-52.54%

1Y

-64.83%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

1.96%

1M

1.11%

6M

7.77%

1Y

23.90%

5Y*

12.59%

10Y*

11.36%

*Annualized

Monthly Returns

The table below presents the monthly returns of TSLS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202430.46%-7.66%13.45%-9.03%2.11%-10.50%-18.93%6.16%-19.66%-1.39%-31.06%-17.08%-55.71%
2023-33.25%-17.55%-2.73%24.10%-20.16%-23.15%-3.71%2.43%1.45%22.86%-17.43%-3.61%-60.11%
20221.84%2.38%12.96%12.96%50.71%100.51%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of TSLS is 1, meaning it’s performing worse than 99% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of TSLS is 11
Overall Rank
The Sharpe Ratio Rank of TSLS is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of TSLS is 11
Sortino Ratio Rank
The Omega Ratio Rank of TSLS is 00
Omega Ratio Rank
The Calmar Ratio Rank of TSLS is 00
Calmar Ratio Rank
The Martin Ratio Rank of TSLS is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily TSLA Bear 1X Shares (TSLS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for TSLS, currently valued at -0.99, compared to the broader market0.002.004.00-0.992.06
The chart of Sortino ratio for TSLS, currently valued at -1.57, compared to the broader market0.005.0010.00-1.572.74
The chart of Omega ratio for TSLS, currently valued at 0.80, compared to the broader market0.501.001.502.002.503.000.801.38
The chart of Calmar ratio for TSLS, currently valued at -0.74, compared to the broader market0.005.0010.0015.0020.00-0.743.13
The chart of Martin ratio for TSLS, currently valued at -1.49, compared to the broader market0.0020.0040.0060.0080.00100.00-1.4912.84
TSLS
^GSPC

The current Direxion Daily TSLA Bear 1X Shares Sharpe ratio is -0.99. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Direxion Daily TSLA Bear 1X Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00AugustSeptemberOctoberNovemberDecember2025
-0.99
2.06
TSLS (Direxion Daily TSLA Bear 1X Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Daily TSLA Bear 1X Shares provided a 8.20% dividend yield over the last twelve months, with an annual payout of $0.61 per share.


3.00%4.00%5.00%6.00%7.00%8.00%$0.00$0.50$1.00$1.50202220232024
Dividends
Dividend Yield
PeriodTTM202420232022
Dividend$0.61$0.61$0.85$1.70

Dividend yield

8.20%7.61%4.52%3.46%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily TSLA Bear 1X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00
2024$0.00$0.00$0.24$0.00$0.00$0.17$0.00$0.00$0.14$0.00$0.00$0.07$0.61
2023$0.00$0.00$0.26$0.00$0.00$0.19$0.00$0.00$0.18$0.00$0.00$0.23$0.85
2022$0.02$0.00$0.00$1.68$1.70

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.


-80.00%-60.00%-40.00%-20.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-85.60%
-1.54%
TSLS (Direxion Daily TSLA Bear 1X Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily TSLA Bear 1X Shares. 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 Bear 1X Shares was 86.75%, occurring on Dec 17, 2024. The portfolio has not yet recovered.

The current Direxion Daily TSLA Bear 1X Shares drawdown is 85.60%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-86.75%Dec 28, 2022496Dec 17, 2024
-14.83%Nov 22, 20227Dec 1, 20228Dec 13, 202215
-13.29%Sep 6, 202210Sep 19, 20229Sep 30, 202219
-11.35%Oct 17, 202210Oct 28, 20226Nov 7, 202216
-9.86%Nov 10, 20222Nov 11, 20226Nov 21, 20228

Volatility

Volatility Chart

The current Direxion Daily TSLA Bear 1X Shares volatility is 21.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%AugustSeptemberOctoberNovemberDecember2025
21.07%
5.07%
TSLS (Direxion Daily TSLA Bear 1X Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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