SHPU vs. TSLL
SHPU (Direxion Daily SHOP Bull 2X ETF) and TSLL (Direxion Daily TSLA Bull 2X ETF) are both Leveraged Equities funds from Direxion. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. SHPU charges 1.09%/yr vs 0.83%/yr for TSLL.
Performance
SHPU vs. TSLL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHPU achieves a -63.82% return, which is significantly lower than TSLL's -32.92% return.
SHPU
- 1D
- -11.54%
- 1M
- 3.30%
- YTD
- -63.82%
- 6M
- -63.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLL
- 1D
- -13.11%
- 1M
- -6.33%
- YTD
- -32.92%
- 6M
- -35.60%
- 1Y
- 36.74%
- 3Y*
- 2.20%
- 5Y*
- —
- 10Y*
- —
SHPU vs. TSLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SHPU Direxion Daily SHOP Bull 2X ETF | -63.82% | -2.39% |
TSLL Direxion Daily TSLA Bull 2X ETF | -32.92% | 73.42% |
Correlation
The correlation between SHPU and TSLL is 0.36, 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 Aug 7, 2025 | 0.36 |
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
SHPU vs. TSLL — Risk / Return Rank
SHPU
TSLL
SHPU vs. TSLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily SHOP Bull 2X ETF (SHPU) and Direxion Daily TSLA Bull 2X ETF (TSLL). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| SHPU | TSLL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.65 | -0.11 | -0.54 |
Drawdowns
SHPU vs. TSLL - Drawdown Comparison
The maximum SHPU drawdown since its inception was -77.97%, smaller than the maximum TSLL drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for SHPU and TSLL.
Loading charts...
Drawdown Indicators
| SHPU | TSLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.97% | -82.88% | +4.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -54.75% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -82.88% | — |
Current DrawdownCurrent decline from peak | -71.86% | -66.13% | -5.73% |
Average DrawdownAverage peak-to-trough decline | -37.03% | -53.84% | +16.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 26.34% | — |
Volatility
SHPU vs. TSLL - Volatility Comparison
Loading charts...
Volatility by Period
| SHPU | TSLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 27.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 55.66% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 110.47% | 93.08% | +17.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 110.47% | 106.99% | +3.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 110.47% | 106.99% | +3.48% |
SHPU vs. TSLL - Expense Ratio Comparison
SHPU has a 1.09% expense ratio, which is higher than TSLL's 0.83% expense ratio.
Dividends
SHPU vs. TSLL - Dividend Comparison
SHPU's dividend yield for the trailing twelve months is around 56.43%, more than TSLL's 7.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
SHPU Direxion Daily SHOP Bull 2X ETF | 56.43% | 20.05% | 0.00% | 0.00% | 0.00% |
TSLL Direxion Daily TSLA Bull 2X ETF | 7.63% | 5.00% | 2.47% | 4.44% | 1.57% |
Frequently Asked Questions
SHPU and TSLL have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TSLL is cheaper at 0.83% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TSLL is cheaper with a 0.83% expense ratio, compared with 1.09% for SHPU.
SHPU has the higher dividend yield at 56.43%, compared with 7.63% for TSLL.
Their fees differ too: 1.09% for SHPU and 0.83% for TSLL.
Find the right allocation for SHPU and TSLL
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