TSII vs. TESL

Last updated Jun 4, 2026

TSII (REX TSLA Growth & Income ETF) and TESL (Simplify Volt TSLA Revolution ETF) are both exchange-traded funds - TSII is a Leveraged Equities fund actively managed by REX, while TESL is a Large Cap Growth Equities fund tracking the Actively Managed. TSII is actively managed, while TESL is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. TSII charges 0.99%/yr vs 0.97%/yr for TESL.

Performance

TSII vs. TESL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX TSLA Growth & Income ETF (TSII) and Simplify Volt TSLA Revolution ETF (TESL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSII achieves a -6.73% return, which is significantly lower than TESL's 0.60% return.

TSII

• 1D: 0.32%
• 1M: 6.19%
• YTD: -6.73%
• 6M: -7.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TESL

• 1D: -2.63%
• 1M: 23.98%
• YTD: 0.60%
• 6M: -18.80%
• 1Y: -14.28%
• 3Y*: 33.50%
• 5Y*: 14.14%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TSII vs. TESL - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-6.73%	43.72%
TESL Simplify Volt TSLA Revolution ETF	0.60%	-10.64%

Correlation

The correlation between TSII and TESL is 0.91, 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 Jun 5, 2025	0.91

Return for Risk

TSII vs. TESL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TESL

TESL Risk / Return Rank: 7
TESL Sharpe Ratio Rank: 6
TESL Sortino Ratio Rank: 8
TESL Omega Ratio Rank: 8
TESL Calmar Ratio Rank: 7
TESL Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSII vs. TESL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) and Simplify Volt TSLA Revolution ETF (TESL). 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.

Sharpe Ratios by Period

	TSII	TESL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.20	+0.55

Drawdowns

TSII vs. TESL - Drawdown Comparison

The maximum TSII drawdown since its inception was -29.03%, smaller than the maximum TESL drawdown of -69.11%. Use the drawdown chart below to compare losses from any high point for TSII and TESL.

Drawdown Indicators

	TSII	TESL	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-69.11%	+40.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-56.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-56.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-69.11%	—
Current Drawdown Current decline from peak	-14.76%	-37.58%	+22.82%
Average Drawdown Average peak-to-trough decline	-9.31%	-37.70%	+28.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	31.22%	—

Volatility

Volatility by Period

	TSII	TESL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	41.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	46.04%	56.90%	-10.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.04%	50.69%	-4.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.04%	50.02%	-3.98%

TSII vs. TESL - Expense Ratio Comparison

TSII has a 0.99% expense ratio, which is higher than TESL's 0.97% expense ratio.

Dividends

TSII vs. TESL - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 70.30%, more than TESL's 22.86% yield.

Position	TTM	2025	2024	2023	2022
TESL Simplify Volt TSLA Revolution ETF	22.86%	23.87%	0.62%	0.00%	0.83%
TSII REX TSLA Growth & Income ETF	70.30%	32.17%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSII and TESL in my portfolio?

With a correlation of 0.91, TSII and TESL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, TSII or TESL?

On fees, TESL is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSII or TESL?

TESL is cheaper with a 0.97% expense ratio, compared with 0.99% for TSII.

Which ETF pays a higher dividend yield, TSII or TESL?

TSII has the higher dividend yield at 70.30%, compared with 22.86% for TESL.

What is the main difference between TSII and TESL?

TSII is categorized as Leveraged Equities, while TESL is Large Cap Growth Equities. They also come from different issuers: REX and Simplify. Their fees differ too: 0.99% for TSII and 0.97% for TESL.