TSLI vs. GEVG

Last updated Jul 21, 2026

TSLI (ProShares Ultra TSLA) and GEVG (Leverage Shares 2X Long GEV Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.36 correlation, their price movements are largely independent.

Performance

TSLI vs. GEVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra TSLA (TSLI) and Leverage Shares 2X Long GEV Daily ETF (GEVG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSLI achieves a -42.98% return, which is significantly lower than GEVG's 123.92% return.

TSLI

• 1D: -6.08%
• 1M: -17.76%
• 6M: -39.39%
• YTD: -42.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GEVG

• 1D: 3.66%
• 1M: -9.34%
• 6M: 109.46%
• YTD: 123.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

TSLI vs. GEVG - Yearly Performance Comparison

	2026 (YTD)	2025
TSLI ProShares Ultra TSLA	-42.98%	-12.00%
GEVG Leverage Shares 2X Long GEV Daily ETF	123.92%	-11.27%

Correlation

The correlation between TSLI and GEVG is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025	0.36

Return for Risk

TSLI vs. GEVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra TSLA (TSLI) and Leverage Shares 2X Long GEV Daily ETF (GEVG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

TSLI vs. GEVG - Drawdown Comparison

The maximum TSLI drawdown since its inception was -54.83%, which is greater than GEVG's maximum drawdown of -45.50%. Use the drawdown chart below to compare losses from any high point for TSLI and GEVG.

Drawdown Indicators

	TSLI	GEVG	Difference
Max Drawdown Largest peak-to-trough decline	-54.83%	-45.50%	-9.33%
Current Drawdown Current decline from peak	-52.59%	-19.82%	-32.77%
Average Drawdown Average peak-to-trough decline	-27.28%	-12.14%	-15.14%

Volatility

Volatility by Period

	TSLI	GEVG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	89.95%	102.14%	-12.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.95%	102.14%	-12.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.95%	102.14%	-12.19%

Dividends

TSLI vs. GEVG - Dividend Comparison

TSLI's dividend yield for the trailing twelve months is around 12.34%, while GEVG has not paid dividends to shareholders.

Position	TTM	2025
GEVG Leverage Shares 2X Long GEV Daily ETF	0.00%	0.00%
TSLI ProShares Ultra TSLA	12.34%	6.17%

Frequently Asked Questions

Can I hold both TSLI and GEVG in my portfolio?

TSLI and GEVG have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TSLI or GEVG?

TSLI has the higher dividend yield at 12.34%, compared with 0.00% for GEVG.

What is the main difference between TSLI and GEVG?

They also come from different issuers: ProShares and Leverage Shares.