TSLA vs. TSLL
TSLA (Tesla, Inc.) is a stock, while TSLL (Direxion Daily TSLA Bull 2X ETF) is Leveraged Equities fund actively managed by Direxion. Over the past 3 years, TSLA returned 14.14%/yr vs -7.12%/yr for TSLL. With a 1.00 correlation, they move nearly in lockstep.
Performance
TSLA vs. TSLL - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -15.14% return, which is significantly higher than TSLL's -37.67% return.
TSLA
- 1D
- -5.79%
- 1M
- -10.42%
- YTD
- -15.14%
- 6M
- -21.41%
- 1Y
- 9.44%
- 3Y*
- 14.14%
- 5Y*
- 10.99%
- 10Y*
- 40.34%
TSLL
- 1D
- -12.25%
- 1M
- -22.54%
- YTD
- -37.67%
- 6M
- -46.82%
- 1Y
- -13.37%
- 3Y*
- -7.12%
- 5Y*
- —
- 10Y*
- —
TSLA vs. TSLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLA Tesla, Inc. | -15.14% | 11.36% | 62.52% | 101.72% | -57.59% |
TSLL Direxion Daily TSLA Bull 2X ETF | -37.67% | -26.80% | 99.63% | 139.86% | -74.99% |
Correlation
The correlation between TSLA and TSLL is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022 | 1.00 |
The correlation between TSLA and TSLL has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
TSLA vs. TSLL — Risk / Return Rank
TSLA
TSLL
TSLA vs. TSLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) 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.
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.
| TSLA | TSLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.04 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | -0.25 | +0.56 |
| Martin ratioReturn relative to average drawdown | 0.72 | -0.49 | +1.21 |
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Drawdowns
TSLA vs. TSLL - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, smaller than the maximum TSLL drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for TSLA and TSLL.
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Drawdown Indicators
| TSLA | TSLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -82.88% | +9.25% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -54.75% | +24.82% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -82.88% | +29.11% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | — | — |
Current DrawdownCurrent decline from peak | -22.10% | -68.52% | +46.42% |
Average DrawdownAverage peak-to-trough decline | -22.71% | -53.92% | +31.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.37% | 27.78% | -14.41% |
Volatility
TSLA vs. TSLL - Volatility Comparison
The current volatility for Tesla, Inc. (TSLA) is 14.29%, while Direxion Daily TSLA Bull 2X ETF (TSLL) has a volatility of 28.98%. This indicates that TSLA experiences smaller price fluctuations and is considered to be less risky than TSLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | TSLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.29% | 28.98% | -14.69% |
Volatility (6M)Calculated over the trailing 6-month period | 28.36% | 56.84% | -28.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.68% | 89.07% | -44.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.03% | 106.91% | -47.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.11% | 106.91% | -47.80% |
Dividends
TSLA vs. TSLL - Dividend Comparison
TSLA has not paid dividends to shareholders, while TSLL's dividend yield for the trailing twelve months is around 8.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSLL Direxion Daily TSLA Bull 2X ETF | 8.21% | 5.00% | 2.47% | 4.44% | 1.57% |
Frequently Asked Questions
With a correlation of 1.00, TSLA and TSLL 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.
TSLL has higher volatility (28.98%) compared to TSLA (14.29%). In terms of maximum drawdown, TSLA dropped -73.63% vs TSLL's -82.88%.
TSLA currently has the higher Sharpe Ratio (0.22 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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