TSLR vs. NUGY

Last updated Jun 4, 2026

TSLR (GraniteShares 2x Long TSLA Daily ETF) and NUGY (GraniteShares YieldBOOST Gold Miners ETF) are both exchange-traded funds - TSLR is a Leveraged Equities fund actively managed by GraniteShares, while NUGY is a Derivative Income fund actively managed by GraniteShares. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. TSLR charges 1.50%/yr vs 1.07%/yr for NUGY.

Performance

TSLR vs. NUGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long TSLA Daily ETF (TSLR) and GraniteShares YieldBOOST Gold Miners ETF (NUGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSLR achieves a -20.05% return, which is significantly lower than NUGY's -1.04% return.

TSLR

• 1D: -0.17%
• 1M: 13.88%
• YTD: -20.05%
• 6M: -20.52%
• 1Y: 8.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NUGY

• 1D: -0.66%
• 1M: 2.66%
• YTD: -1.04%
• 6M: 0.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLR vs. NUGY - Yearly Performance Comparison

	2026 (YTD)	2025
TSLR GraniteShares 2x Long TSLA Daily ETF	-20.05%	21.98%
NUGY GraniteShares YieldBOOST Gold Miners ETF	-1.04%	2.38%

Correlation

The correlation between TSLR and NUGY is 0.31, 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 Nov 19, 2025	0.31

Return for Risk

TSLR vs. NUGY — Risk / Return Rank

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

TSLR

TSLR Risk / Return Rank: 12
TSLR Sharpe Ratio Rank: 10
TSLR Sortino Ratio Rank: 16
TSLR Omega Ratio Rank: 16
TSLR Calmar Ratio Rank: 10
TSLR 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.

TSLR vs. NUGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and GraniteShares YieldBOOST Gold Miners ETF (NUGY). 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.

	TSLR	NUGY	Difference
Sharpe ratio: Return per unit of total volatility	0.10	—	—
Sortino ratio: Return per unit of downside risk	0.80	—	—
Omega ratio: Gain probability vs. loss probability	1.10	—	—
Calmar ratio: Return relative to maximum drawdown	0.17	—	—
Martin ratio: Return relative to average drawdown	0.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TSLR	NUGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.09	-0.09

Drawdowns

TSLR vs. NUGY - Drawdown Comparison

The maximum TSLR drawdown since its inception was -82.80%, which is greater than NUGY's maximum drawdown of -17.39%. Use the drawdown chart below to compare losses from any high point for TSLR and NUGY.

Drawdown Indicators

	TSLR	NUGY	Difference
Max Drawdown Largest peak-to-trough decline	-82.80%	-17.39%	-65.41%
Max Drawdown (1Y) Largest decline over 1 year	-54.37%	—	—
Current Drawdown Current decline from peak	-59.09%	-14.11%	-44.98%
Average Drawdown Average peak-to-trough decline	-50.24%	-7.35%	-42.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.45%	—	—

Volatility

Volatility by Period

	TSLR	NUGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	54.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	92.75%	26.65%	+66.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	115.54%	26.65%	+88.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	115.54%	26.65%	+88.89%

TSLR vs. NUGY - Expense Ratio Comparison

TSLR has a 1.50% expense ratio, which is higher than NUGY's 1.07% expense ratio.

Dividends

TSLR vs. NUGY - Dividend Comparison

TSLR has not paid dividends to shareholders, while NUGY's dividend yield for the trailing twelve months is around 70.74%.

Position	TTM	2025
NUGY GraniteShares YieldBOOST Gold Miners ETF	70.74%	12.18%
TSLR GraniteShares 2x Long TSLA Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSLR and NUGY in my portfolio?

TSLR and NUGY have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSLR or NUGY?

On fees, NUGY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLR or NUGY?

NUGY is cheaper with a 1.07% expense ratio, compared with 1.50% for TSLR.

Which ETF pays a higher dividend yield, TSLR or NUGY?

NUGY has the higher dividend yield at 70.74%, compared with 0.00% for TSLR.

What is the main difference between TSLR and NUGY?

TSLR is categorized as Leveraged Equities, while NUGY is Derivative Income. Their fees differ too: 1.50% for TSLR and 1.07% for NUGY.