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 0.34 correlation, their price movements are largely independent. AVGU charges 1.50%/yr vs 0.95%/yr for TSLR.
Performance
AVGU vs. TSLR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVGU achieves a 3.63% return, which is significantly higher than TSLR's -34.20% return.
AVGU
- 1D
- -7.76%
- 1M
- -1.76%
- 6M
- 0.68%
- YTD
- 3.63%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLR
- 1D
- -6.40%
- 1M
- -9.14%
- 6M
- -33.47%
- YTD
- -34.20%
- 1Y
- 16.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGU vs. TSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVGU GraniteShares 2x Long AVGO Daily ETF | 3.63% | 33.87% |
TSLR GraniteShares 2x Long TSLA Daily ETF | -34.20% | 73.27% |
Correlation
The correlation between AVGU and TSLR is 0.34, 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 | 0.34 |
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 | — | 1.10 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.30 | — |
| Martin ratioReturn relative to average drawdown | — | 0.58 | — |
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 | -40.54% | -66.33% | +25.79% |
Average DrawdownAverage peak-to-trough decline | -21.81% | -50.68% | +28.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 28.18% | — |
Volatility
AVGU vs. TSLR - Volatility Comparison
Loading charts...
Volatility by Period
| AVGU | TSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 35.25% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 62.80% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 94.35% | 89.93% | +4.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.35% | 115.75% | -21.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.35% | 115.75% | -21.40% |
AVGU vs. TSLR - Expense Ratio Comparison
AVGU has a 1.50% expense ratio, which is higher than TSLR's 0.95% expense ratio.
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 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TSLR is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TSLR is cheaper with a 0.95% expense ratio, compared with 1.50% for AVGU.
AVGU and TSLR have nearly identical dividend yields, around 0.00%.
Their fees differ too: 1.50% for AVGU and 0.95% for TSLR.
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