AVGU vs. TSLR
AVGU (GraniteShares 2x Long AVGO Daily ETF) and TSLR (GraniteShares 2x Long TSLA Daily ETF) are both Leveraged Equities funds from GraniteShares. Both are actively managed. At a 0.33 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.
Performance
AVGU vs. TSLR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVGU achieves a 3.14% return, which is significantly higher than TSLR's -36.63% return.
AVGU
- 1D
- -6.67%
- 1M
- -20.58%
- YTD
- 3.14%
- 6M
- 0.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLR
- 1D
- -11.59%
- 1M
- -22.05%
- YTD
- -36.63%
- 6M
- -45.88%
- 1Y
- -11.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGU vs. TSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVGU GraniteShares 2x Long AVGO Daily ETF | 3.14% | 33.87% |
TSLR GraniteShares 2x Long TSLA Daily ETF | -36.63% | 73.27% |
Correlation
The correlation between AVGU and TSLR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVGU vs. TSLR — Risk / Return Rank
AVGU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSLR
AVGU vs. TSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AVGO Daily ETF (AVGU) and GraniteShares 2x Long TSLA Daily ETF (TSLR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| AVGU | TSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.05 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.21 | — |
| Martin ratioReturn relative to average drawdown | — | -0.42 | — |
Loading charts...
Drawdowns
AVGU vs. TSLR - Drawdown Comparison
The maximum AVGU drawdown since its inception was -53.30%, smaller than the maximum TSLR drawdown of -82.80%. Use the drawdown chart below to compare losses from any high point for AVGU and TSLR.
Loading charts...
Drawdown Indicators
| AVGU | TSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.30% | -82.80% | +29.50% |
Max Drawdown (1Y)Largest decline over 1 year | — | -54.37% | — |
Current DrawdownCurrent decline from peak | -40.82% | -67.57% | +26.75% |
Average DrawdownAverage peak-to-trough decline | -20.72% | -50.42% | +29.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 27.47% | — |
Volatility
AVGU vs. TSLR - Volatility Comparison
Loading charts...
Volatility by Period
| AVGU | TSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 29.06% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 57.00% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 94.75% | 89.48% | +5.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.75% | 115.40% | -20.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.75% | 115.40% | -20.65% |
AVGU vs. TSLR - Expense Ratio Comparison
Both AVGU and TSLR have an expense ratio of 1.50%.
Dividends
AVGU vs. TSLR - Dividend Comparison
Neither AVGU nor TSLR has paid dividends to shareholders.
Frequently Asked Questions
AVGU and TSLR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 1.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AVGU and TSLR have the same expense ratio: 1.50% per year.
AVGU and TSLR have nearly identical dividend yields, around 0.00%.
Find the right allocation for AVGU and TSLR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer