TSLW vs. TSLL

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill TSLA WeeklyPay™ ETF (TSLW) and Direxion Daily TSLA Bull 1.5X Shares (TSLL).

TSLW and TSLL 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. TSLL is an actively managed fund by Direxion. It was launched on Jun 9, 2022.

Performance

TSLW vs. TSLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill TSLA WeeklyPay™ ETF (TSLW) and Direxion Daily TSLA Bull 1.5X Shares (TSLL). The values are adjusted to include any dividend payments, if applicable.

TSLW vs. TSLL - Yearly Performance Comparison

	2026 (YTD)	2025
TSLW Roundhill TSLA WeeklyPay™ ETF	-21.43%	33.77%
TSLL Direxion Daily TSLA Bull 1.5X Shares	-35.93%	36.60%

Returns By Period

In the year-to-date period, TSLW achieves a -21.43% return, which is significantly higher than TSLL's -35.93% return.

TSLW

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

TSLL

• 1D: 9.16%
• 1M: -16.71%
• YTD: -35.93%
• 6M: -39.94%
• 1Y: 34.59%
• 3Y*: 3.01%
• 5Y*: —
• 10Y*: —

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

TSLW vs. TSLL - Expense Ratio Comparison

TSLW has a 0.99% expense ratio, which is lower than TSLL's 1.08% expense ratio.

TSLL

Direxion Daily TSLA Bull 1.5X Shares

TSLW

Roundhill TSLA WeeklyPay™ ETF

Return for Risk

TSLW vs. TSLL — Risk / Return Rank

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

TSLL

TSLL Risk / Return Rank: 33
TSLL Sharpe Ratio Rank: 22
TSLL Sortino Ratio Rank: 50
TSLL Omega Ratio Rank: 41
TSLL Calmar Ratio Rank: 28
TSLL Martin Ratio Rank: 22

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. TSLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) and Direxion Daily TSLA Bull 1.5X Shares (TSLL). 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	TSLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.31	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	-0.13	+0.24

Correlation

The correlation between TSLW and TSLL 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. TSLL - Dividend Comparison

TSLW's dividend yield for the trailing twelve months is around 83.63%, more than TSLL's 7.98% yield.

	TTM	2025	2024	2023	2022
TSLW Roundhill TSLA WeeklyPay™ ETF	83.63%	49.31%	0.00%	0.00%	0.00%
TSLL Direxion Daily TSLA Bull 1.5X Shares	7.98%	5.00%	2.47%	4.44%	1.57%

Drawdowns

TSLW vs. TSLL - Drawdown Comparison

The maximum TSLW drawdown since its inception was -32.91%, smaller than the maximum TSLL drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for TSLW and TSLL.

Drawdown Indicators

	TSLW	TSLL	Difference
Max Drawdown Largest peak-to-trough decline	-32.91%	-82.88%	+49.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-51.06%	—
Current Drawdown Current decline from peak	-29.20%	-67.65%	+38.45%
Average Drawdown Average peak-to-trough decline	-10.58%	-53.34%	+42.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.92%	—

Volatility

Volatility by Period

	TSLW	TSLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.31%	—
Volatility (6M) Calculated over the trailing 6-month period	—	59.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	56.71%	110.51%	-53.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.71%	107.90%	-51.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.71%	107.90%	-51.19%