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 11.95%/yr vs -9.72%/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 -12.22% return, which is significantly higher than TSLL's -34.79% return.
TSLA
- 1D
- -3.19%
- 1M
- -2.87%
- 6M
- -12.07%
- YTD
- -12.22%
- 1Y
- 25.92%
- 3Y*
- 11.95%
- 5Y*
- 12.63%
- 10Y*
- 38.97%
TSLL
- 1D
- -6.26%
- 1M
- -9.00%
- 6M
- -34.03%
- YTD
- -34.79%
- 1Y
- 14.90%
- 3Y*
- -9.72%
- 5Y*
- —
- 10Y*
- —
TSLA vs. TSLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLA Tesla, Inc. | -12.22% | 11.36% | 62.52% | 101.72% | -57.59% |
TSLL Direxion Daily TSLA Bull 2X ETF | -34.79% | -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 | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.10 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 0.27 | +0.60 |
| Martin ratioReturn relative to average drawdown | 1.91 | 0.52 | +1.39 |
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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 | -19.42% | -67.07% | +47.65% |
Average DrawdownAverage peak-to-trough decline | -22.70% | -54.07% | +31.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.61% | 28.51% | -14.90% |
Volatility
TSLA vs. TSLL - Volatility Comparison
The current volatility for Tesla, Inc. (TSLA) is 17.43%, while Direxion Daily TSLA Bull 2X ETF (TSLL) has a volatility of 35.01%. 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 | 17.43% | 35.01% | -17.58% |
Volatility (6M)Calculated over the trailing 6-month period | 31.20% | 62.44% | -31.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.82% | 89.39% | -44.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.30% | 107.27% | -47.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.26% | 107.27% | -48.01% |
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 8.03%.
| 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 | 8.03% | 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 (35.01%) compared to TSLA (17.43%). In terms of maximum drawdown, TSLA dropped -73.63% vs TSLL's -82.88%.
TSLA currently has the higher Sharpe Ratio (0.58 vs 0.17), 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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