TSLL vs. PLTU

Last updated Jun 14, 2026

TSLL (Direxion Daily TSLA Bull 2X ETF) and PLTU (Direxion Daily PLTR Bull 2X Shares) are both Leveraged Equities funds from Direxion. Both are actively managed. Over the past year, TSLL returned 13.30% vs -39.70% for PLTU. At a 0.43 correlation, their price movements are largely independent. TSLL charges 0.83%/yr vs 0.97%/yr for PLTU.

Performance

TSLL vs. PLTU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily TSLA Bull 2X ETF (TSLL) and Direxion Daily PLTR Bull 2X Shares (PLTU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSLL achieves a -28.34% return, which is significantly higher than PLTU's -57.19% return.

TSLL

• 1D: 3.58%
• 1M: -9.76%
• YTD: -28.34%
• 6M: -32.14%
• 1Y: 13.30%
• 3Y*: -3.31%
• 5Y*: —
• 10Y*: —

PLTU

• 1D: -4.72%
• 1M: -11.89%
• YTD: -57.19%
• 6M: -60.46%
• 1Y: -39.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLL vs. PLTU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TSLL Direxion Daily TSLA Bull 2X ETF	-28.34%	-26.80%	-2.35%
PLTU Direxion Daily PLTR Bull 2X Shares	-57.19%	223.17%	14.77%

Correlation

The correlation between TSLL and PLTU is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024	0.43

The correlation between TSLL and PLTU shifts across timeframes, from 0.32 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.

TSLL vs. PLTU - Sectors Allocation Comparison

Sectors	TSLL	PLTU
Consumer Cyclical	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	100.0%
Utilities	-	-

Return for Risk

TSLL vs. PLTU — Risk / Return Rank

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

TSLL

TSLL Risk / Return Rank: 15
TSLL Sharpe Ratio Rank: 13
TSLL Sortino Ratio Rank: 19
TSLL Omega Ratio Rank: 18
TSLL Calmar Ratio Rank: 13
TSLL Martin Ratio Rank: 13

PLTU

PLTU Risk / Return Rank: 7
PLTU Sharpe Ratio Rank: 6
PLTU Sortino Ratio Rank: 9
PLTU Omega Ratio Rank: 9
PLTU Calmar Ratio Rank: 5
PLTU Martin Ratio Rank: 5

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.

TSLL vs. PLTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 2X ETF (TSLL) and Direxion Daily PLTR Bull 2X Shares (PLTU). 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.

	TSLL	PLTU	Difference
Sharpe ratio: Return per unit of total volatility	0.20	-0.37	+0.57
Sortino ratio: Return per unit of downside risk	0.92	0.06	+0.85
Omega ratio: Gain probability vs. loss probability	1.10	1.01	+0.10
Calmar ratio: Return relative to maximum drawdown	0.32	-0.54	+0.86
Martin ratio: Return relative to average drawdown	0.65	-0.92	+1.58

TSLL vs. PLTU - Sharpe Ratio Comparison

The current TSLL Sharpe Ratio is 0.20, which is higher than the PLTU Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of TSLL and PLTU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSLL vs. PLTU - Drawdown Comparison

The maximum TSLL drawdown since its inception was -82.88%, which is greater than PLTU's maximum drawdown of -70.23%. Use the drawdown chart below to compare losses from any high point for TSLL and PLTU.

Drawdown Indicators

	TSLL	PLTU	Difference
Max Drawdown Largest peak-to-trough decline	-82.88%	-70.23%	-12.65%
Max Drawdown (1Y) Largest decline over 1 year	-54.75%	-70.23%	+15.48%
Max Drawdown (3Y) Largest decline over 3 years	-82.88%	—	—
Current Drawdown Current decline from peak	-63.81%	-70.23%	+6.42%
Average Drawdown Average peak-to-trough decline	-53.85%	-32.47%	-21.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.01%	41.00%	-13.99%

Volatility

TSLL vs. PLTU - Volatility Comparison

The current volatility for Direxion Daily TSLA Bull 2X ETF (TSLL) is 28.50%, while Direxion Daily PLTR Bull 2X Shares (PLTU) has a volatility of 33.89%. This indicates that TSLL experiences smaller price fluctuations and is considered to be less risky than PLTU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLL	PLTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.50%	33.89%	-5.39%
Volatility (6M) Calculated over the trailing 6-month period	57.37%	77.20%	-19.83%
Volatility (1Y) Calculated over the trailing 1-year period	88.62%	101.37%	-12.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.00%	126.48%	-19.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	107.00%	126.48%	-19.48%

TSLL vs. PLTU - Expense Ratio Comparison

TSLL has a 0.83% expense ratio, which is lower than PLTU's 0.97% expense ratio.

Dividends

TSLL vs. PLTU - Dividend Comparison

TSLL's dividend yield for the trailing twelve months is around 7.14%, less than PLTU's 55.54% yield.

Position	TTM	2025	2024	2023	2022
PLTU Direxion Daily PLTR Bull 2X Shares	55.54%	23.29%	0.12%	0.00%	0.00%
TSLL Direxion Daily TSLA Bull 2X ETF	7.14%	5.00%	2.47%	4.44%	1.57%

Frequently Asked Questions

Can I hold both TSLL and PLTU in my portfolio?

TSLL and PLTU have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSLL or PLTU?

PLTU has higher volatility (33.89%) compared to TSLL (28.50%). In terms of maximum drawdown, TSLL dropped -82.88% vs PLTU's -70.23%.

Which ETF is better, TSLL or PLTU?

On 1-year performance, TSLL leads with 13.30% vs -39.70% for PLTU. On fees, TSLL is cheaper at 0.83% per year. On volatility, TSLL has been the lower-risk option at 28.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSLL or PLTU?

Over the 1-year period, TSLL has performed better with a 13.30% return vs -39.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSLL or PLTU?

TSLL is cheaper with a 0.83% expense ratio, compared with 0.97% for PLTU.

Which ETF pays a higher dividend yield, TSLL or PLTU?

PLTU has the higher dividend yield at 55.54%, compared with 7.14% for TSLL.

What is the main difference between TSLL and PLTU?

Their fees differ too: 0.83% for TSLL and 0.97% for PLTU.

Which has better risk-adjusted returns?

TSLL currently has the higher Sharpe Ratio (0.20 vs -0.37), 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.