TLA vs. TSLR
TLA (GraniteShares Autocallable TSLA ETF) and TSLR (GraniteShares 2x Long TSLA Daily ETF) are both exchange-traded funds - TLA is a Derivative Income fund actively managed by GraniteShares, while TSLR is a Leveraged Equities fund actively managed by GraniteShares. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. TLA charges 1.07%/yr vs 1.50%/yr for TSLR.
Performance
TLA vs. TSLR - Performance Comparison
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Returns By Period
TLA
- 1D
- -1.25%
- 1M
- 0.17%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLR
- 1D
- -13.30%
- 1M
- -6.56%
- YTD
- -32.42%
- 6M
- -35.09%
- 1Y
- 38.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TLA vs. TSLR - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TLA GraniteShares Autocallable TSLA ETF | 3.78% |
TSLR GraniteShares 2x Long TSLA Daily ETF | -21.45% |
Correlation
The correlation between TLA and TSLR is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026 | 0.87 |
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Return for Risk
TLA vs. TSLR — Risk / Return Rank
TLA
TSLR
TLA vs. TSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable TSLA ETF (TLA) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| TLA | TSLR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | -0.05 | +0.86 |
Drawdowns
TLA vs. TSLR - Drawdown Comparison
The maximum TLA drawdown since its inception was -5.44%, smaller than the maximum TSLR drawdown of -82.80%. Use the drawdown chart below to compare losses from any high point for TLA and TSLR.
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Drawdown Indicators
| TLA | TSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.44% | -82.80% | +77.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -54.37% | — |
Current DrawdownCurrent decline from peak | -1.79% | -65.41% | +63.62% |
Average DrawdownAverage peak-to-trough decline | -1.34% | -50.28% | +48.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 26.06% | — |
Volatility
TLA vs. TSLR - Volatility Comparison
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Volatility by Period
| TLA | TSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 28.24% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 55.89% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.42% | 93.48% | -79.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.42% | 115.68% | -101.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.42% | 115.68% | -101.26% |
TLA vs. TSLR - Expense Ratio Comparison
TLA has a 1.07% expense ratio, which is lower than TSLR's 1.50% expense ratio.
Dividends
TLA vs. TSLR - Dividend Comparison
TLA's dividend yield for the trailing twelve months is around 6.55%, while TSLR has not paid dividends to shareholders.
| Position | TTM |
|---|---|
TLA GraniteShares Autocallable TSLA ETF | 6.55% |
TSLR GraniteShares 2x Long TSLA Daily ETF | 0.00% |
Frequently Asked Questions
TLA and TSLR have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TLA is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TLA is cheaper with a 1.07% expense ratio, compared with 1.50% for TSLR.
TLA has the higher dividend yield at 6.55%, compared with 0.00% for TSLR.
TLA is categorized as Derivative Income, while TSLR is Leveraged Equities. Their fees differ too: 1.07% for TLA and 1.50% for TSLR.
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