TSLR vs. TSLA
TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares, while TSLA (Tesla, Inc.) is a stock. Over the past year, TSLR returned -18.69% vs 6.43% for TSLA. Their 1.00 correlation means they have historically moved very closely together.
Performance
TSLR vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, TSLR achieves a -58.03% return, which is significantly lower than TSLA's -28.38% return.
TSLR
- 1D
- 7.01%
- 1M
- -36.27%
- 6M
- -51.23%
- YTD
- -58.03%
- 1Y
- -18.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -19.39%
TSLA
- 1D
- 3.49%
- 1M
- -18.14%
- 6M
- -23.64%
- YTD
- -28.38%
- 1Y
- 6.43%
- 3Y*
- 8.26%
- 5Y*
- 6.33%
- 10Y*
- 35.59%
- ALL TIME*
- 41.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
TSLA Tesla, Inc. | $15.38B | $14.53B | $18.58B |
| $20.74M | $20.82M | $40.66M |
TSLR vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLR GraniteShares 2x Long TSLA Daily ETF | -58.03% | -25.97% | 67.57% | 1.69% |
TSLA Tesla, Inc. | -28.38% | 11.36% | 62.52% | 7.44% |
Correlation
The correlation between TSLR and TSLA is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023 | 1.00 |
The correlation between TSLR and TSLA has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
TSLR vs. TSLA — Risk / Return Rank
TSLR
TSLA
TSLR vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and Tesla, Inc. (TSLA). 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.
| TSLR | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.06 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.17 | -0.43 |
| Martin ratioReturn relative to average drawdown | -0.59 | 0.42 | -1.01 |
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Drawdowns
TSLR vs. TSLA - Drawdown Comparison
The maximum TSLR drawdown since its inception was -82.80%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for TSLR and TSLA.
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Drawdown Indicators
| TSLR | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.80% | -73.63% | -9.17% |
Max Drawdown (1Y)Largest decline over 1 year | -69.80% | -39.10% | -30.70% |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.63% | — |
Current DrawdownCurrent decline from peak | -78.52% | -34.25% | -44.27% |
Average DrawdownAverage peak-to-trough decline | -51.16% | -22.72% | -28.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.54% | 15.46% | +16.08% |
Volatility
TSLR vs. TSLA - Volatility Comparison
GraniteShares 2x Long TSLA Daily ETF (TSLR) has a higher volatility of 41.95% compared to Tesla, Inc. (TSLA) at 19.87%. This indicates that TSLR's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLR | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.95% | 19.87% | +22.08% |
Volatility (6M)Calculated over the trailing 6-month period | 70.80% | 34.56% | +36.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.05% | 46.42% | +46.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 116.22% | 59.68% | +56.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 116.22% | 59.46% | +56.76% |
Dividends
TSLR vs. TSLA - Dividend Comparison
Neither TSLR nor TSLA has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, TSLR and TSLA 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.
TSLR has higher volatility (41.95%) compared to TSLA (19.87%). In terms of maximum drawdown, TSLR dropped -82.80% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.14 vs -0.20), 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.
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