TSLW vs. TSL

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill TSLA WeeklyPay™ ETF (TSLW) and GraniteShares 1.25x Long Tsla Daily ETF (TSL).

TSLW and TSL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLW is an actively managed fund by Roundhill. It was launched on Feb 19, 2025. TSL is an actively managed fund by GraniteShares. It was launched on Aug 8, 2022.

Performance

TSLW vs. TSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill TSLA WeeklyPay™ ETF (TSLW) and GraniteShares 1.25x Long Tsla Daily ETF (TSL). The values are adjusted to include any dividend payments, if applicable.

TSLW vs. TSL - Yearly Performance Comparison

	2026 (YTD)	2025
TSLW Roundhill TSLA WeeklyPay™ ETF	-21.43%	33.77%
TSL GraniteShares 1.25x Long Tsla Daily ETF	-22.25%	33.67%

Returns By Period

The year-to-date returns for both stocks are quite close, with TSLW having a -21.43% return and TSL slightly lower at -22.25%.

TSLW

• 1D: 5.53%
• 1M: -9.58%
• YTD: -21.43%
• 6M: -21.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSL

• 1D: 5.75%
• 1M: -9.90%
• YTD: -22.25%
• 6M: -22.54%
• 1Y: 43.96%
• 3Y*: 15.08%
• 5Y*: —
• 10Y*: —

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

TSLW vs. TSL - Expense Ratio Comparison

TSLW has a 0.99% expense ratio, which is lower than TSL's 1.15% expense ratio.

TSL

GraniteShares 1.25x Long Tsla Daily ETF

TSLW

Roundhill TSLA WeeklyPay™ ETF

Return for Risk

TSLW vs. TSL — Risk / Return Rank

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

TSL

TSL Risk / Return Rank: 43
TSL Sharpe Ratio Rank: 36
TSL Sortino Ratio Rank: 52
TSL Omega Ratio Rank: 43
TSL Calmar Ratio Rank: 49
TSL Martin Ratio Rank: 33

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.

TSLW vs. TSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) and GraniteShares 1.25x Long Tsla Daily ETF (TSL). 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.

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

Sharpe Ratios by Period

	TSLW	TSL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	-0.02	+0.13

Correlation

The correlation between TSLW and TSL is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TSLW vs. TSL - Dividend Comparison

TSLW's dividend yield for the trailing twelve months is around 83.63%, while TSL has not paid dividends to shareholders.

	TTM	2025	2024	2023
TSLW Roundhill TSLA WeeklyPay™ ETF	83.63%	49.31%	0.00%	0.00%
TSL GraniteShares 1.25x Long Tsla Daily ETF	0.00%	0.00%	0.00%	60.47%

Drawdowns

TSLW vs. TSL - Drawdown Comparison

The maximum TSLW drawdown since its inception was -32.91%, smaller than the maximum TSL drawdown of -74.52%. Use the drawdown chart below to compare losses from any high point for TSLW and TSL.

Drawdown Indicators

	TSLW	TSL	Difference
Max Drawdown Largest peak-to-trough decline	-32.91%	-74.52%	+41.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-34.05%	—
Current Drawdown Current decline from peak	-29.20%	-35.55%	+6.35%
Average Drawdown Average peak-to-trough decline	-10.58%	-39.12%	+28.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.44%	—

Volatility

Volatility by Period

	TSLW	TSL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	37.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	56.71%	69.24%	-12.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.71%	74.04%	-17.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.71%	74.04%	-17.33%