TSLO vs. TSLG

Last updated Jun 24, 2026

TSLO (Leverage Shares 2x Capped Accelerated TSLA Monthly ETF) and TSLG (Leverage Shares 2X Long TSLA Daily ETF) are both exchange-traded funds - TSLO is a Defined Outcome fund actively managed by Leverage Shares, while TSLG is a Leveraged Equities fund actively managed by Leverage Shares. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. TSLO charges 0.77%/yr vs 0.75%/yr for TSLG.

Performance

TSLO vs. TSLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2x Capped Accelerated TSLA Monthly ETF (TSLO) and Leverage Shares 2X Long TSLA Daily ETF (TSLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSLO achieves a -9.40% return, which is significantly higher than TSLG's -37.23% return.

TSLO

• 1D: 0.00%
• 1M: -5.91%
• YTD: -9.40%
• 6M: -12.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLG

• 1D: -11.63%
• 1M: -22.10%
• YTD: -37.23%
• 6M: -46.41%
• 1Y: -12.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLO vs. TSLG - Yearly Performance Comparison

	2026 (YTD)	2025
TSLO Leverage Shares 2x Capped Accelerated TSLA Monthly ETF	-9.40%	18.49%
TSLG Leverage Shares 2X Long TSLA Daily ETF	-37.23%	53.06%

Correlation

The correlation between TSLO and TSLG is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025	0.94

Return for Risk

TSLO vs. TSLG — Risk / Return Rank

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

TSLO

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

TSLG

TSLG Risk / Return Rank: 8
TSLG Sharpe Ratio Rank: 7
TSLG Sortino Ratio Rank: 11
TSLG Omega Ratio Rank: 10
TSLG Calmar Ratio Rank: 7
TSLG Martin Ratio Rank: 7

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.

TSLO vs. TSLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Capped Accelerated TSLA Monthly ETF (TSLO) and Leverage Shares 2X Long TSLA Daily ETF (TSLG). 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.

	TSLO	TSLG	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.15	—
Sortino ratio: Return per unit of downside risk	—	0.41	—
Omega ratio: Gain probability vs. loss probability	—	1.05	—
Calmar ratio: Return relative to maximum drawdown	—	-0.23	—
Martin ratio: Return relative to average drawdown	—	-0.47	—

Drawdowns

TSLO vs. TSLG - Drawdown Comparison

The maximum TSLO drawdown since its inception was -25.40%, smaller than the maximum TSLG drawdown of -82.86%. Use the drawdown chart below to compare losses from any high point for TSLO and TSLG.

Drawdown Indicators

	TSLO	TSLG	Difference
Max Drawdown Largest peak-to-trough decline	-25.40%	-82.86%	+57.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-54.61%	—
Current Drawdown Current decline from peak	-12.19%	-68.29%	+56.10%
Average Drawdown Average peak-to-trough decline	-8.20%	-58.78%	+50.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.68%	—

Volatility

Volatility by Period

	TSLO	TSLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	29.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	38.57%	89.25%	-50.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.57%	115.05%	-76.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.57%	115.05%	-76.48%

TSLO vs. TSLG - Expense Ratio Comparison

TSLO has a 0.77% expense ratio, which is higher than TSLG's 0.75% expense ratio.

Dividends

TSLO vs. TSLG - Dividend Comparison

TSLO's dividend yield for the trailing twelve months is around 21.79%, more than TSLG's 10.43% yield.

Position	TTM	2025
TSLG Leverage Shares 2X Long TSLA Daily ETF	10.43%	6.55%
TSLO Leverage Shares 2x Capped Accelerated TSLA Monthly ETF	21.79%	19.74%

Frequently Asked Questions

Can I hold both TSLO and TSLG in my portfolio?

With a correlation of 0.94, TSLO and TSLG 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 ETF is better, TSLO or TSLG?

On fees, TSLG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLO or TSLG?

TSLG is cheaper with a 0.75% expense ratio, compared with 0.77% for TSLO.

Which ETF pays a higher dividend yield, TSLO or TSLG?

TSLO has the higher dividend yield at 21.79%, compared with 10.43% for TSLG.

What is the main difference between TSLO and TSLG?

TSLO is categorized as Defined Outcome, while TSLG is Leveraged Equities. Their fees differ too: 0.77% for TSLO and 0.75% for TSLG.