TSLA vs. TSLL

Last updated Jun 3, 2026

TSLA (Tesla, Inc.) is a stock, while TSLL (Direxion Daily TSLA Bull 1.5X Shares) is Leveraged Equities fund actively managed by Direxion. Over the past 3 years, TSLA returned 25.58%/yr vs 9.79%/yr for TSLL. With a 1.00 correlation, they move nearly in lockstep.

Performance

TSLA vs. TSLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tesla, Inc. (TSLA) and Direxion Daily TSLA Bull 1.5X Shares (TSLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSLA achieves a -5.78% return, which is significantly higher than TSLL's -20.85% return.

TSLA

• 1D: 1.89%
• 1M: 8.42%
• YTD: -5.78%
• 6M: -1.28%
• 1Y: 23.65%
• 3Y*: 25.58%
• 5Y*: 17.28%
• 10Y*: 40.05%

TSLL

• 1D: 3.73%
• 1M: 14.84%
• YTD: -20.85%
• 6M: -14.93%
• 1Y: 8.13%
• 3Y*: 9.79%
• 5Y*: —
• 10Y*: —

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

TSLA vs. TSLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TSLA Tesla, Inc.	-5.78%	11.36%	62.52%	101.72%	-56.52%
TSLL Direxion Daily TSLA Bull 1.5X Shares	-20.85%	-26.80%	99.63%	139.86%	-73.85%

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 10, 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.

Return for Risk

TSLA vs. TSLL — Risk / Return Rank

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

TSLA

TSLA Risk / Return Rank: 55
TSLA Sharpe Ratio Rank: 57
TSLA Sortino Ratio Rank: 53
TSLA Omega Ratio Rank: 51
TSLA Calmar Ratio Rank: 57
TSLA Martin Ratio Rank: 57

TSLL

TSLL Risk / Return Rank: 12
TSLL Sharpe Ratio Rank: 10
TSLL Sortino Ratio Rank: 16
TSLL Omega Ratio Rank: 16
TSLL Calmar Ratio Rank: 10
TSLL Martin Ratio Rank: 10

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.

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 1.5X Shares (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.

	TSLA	TSLL	Difference
Sharpe ratio Return per unit of total volatility	0.51	0.09	+0.42
Sortino ratio Return per unit of downside risk	0.98	0.79	+0.20
Omega ratio Gain probability vs. loss probability	1.12	1.10	+0.02
Calmar ratio Return relative to maximum drawdown	0.75	0.11	+0.63
Martin ratio Return relative to average drawdown	1.74	0.23	+1.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSLA vs. TSLL - Sharpe Ratio Comparison

The current TSLA Sharpe Ratio is 0.51, which is higher than the TSLL Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of TSLA and TSLL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TSLA	TSLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	0.09	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	-0.08	+0.81

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.

Drawdown Indicators

	TSLA	TSLL	Difference
Max Drawdown Largest 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 Drawdown Current decline from peak	-13.50%	-60.03%	+46.53%
Average Drawdown Average peak-to-trough decline	-22.73%	-53.82%	+31.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.81%	26.64%	-13.83%

Volatility

TSLA vs. TSLL - Volatility Comparison

The current volatility for Tesla, Inc. (TSLA) is 12.11%, while Direxion Daily TSLA Bull 1.5X Shares (TSLL) has a volatility of 24.25%. 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.

Volatility by Period

	TSLA	TSLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.11%	24.25%	-12.14%
Volatility (6M) Calculated over the trailing 6-month period	27.28%	54.47%	-27.19%
Volatility (1Y) Calculated over the trailing 1-year period	46.37%	92.40%	-46.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.90%	106.93%	-48.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.12%	106.93%	-47.81%

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 6.46%.

Position	TTM	2025	2024	2023	2022
TSLA Tesla, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%
TSLL Direxion Daily TSLA Bull 1.5X Shares	6.46%	5.00%	2.47%	4.44%	1.57%

Frequently Asked Questions

Can I hold both TSLA and TSLL in my portfolio?

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.

Which is riskier, TSLA or TSLL?

TSLL has higher volatility (24.25%) compared to TSLA (12.11%). In terms of maximum drawdown, TSLA dropped -73.63% vs TSLL's -82.88%.

Which has better risk-adjusted returns?

TSLA currently has the higher Sharpe Ratio (0.51 vs 0.09), 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.