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TSLRGraniteshares 2x Long TSLA Daily ETF

Take a bet2y track recordRanked #155 of 775 in this goal

Seeks daily investment results of 125% of the daily performance of Tesla stock.

By Graniteshares · Launched 2023

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$141M

#2,612 of 5,562 · mid-size

Return (1Y)Goal

+6.8%

Track Record

2 years

#3,121 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,589+15.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Asset allocation

Other
42.9%
Stocks
40.7%
Cash
16.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
89.1%High

Year-on-year price swings

Max drawdown
-82.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 125% of the daily performance of Tesla stock.
Strategy
Actively managed, the Fund invests primarily in swaps, options, and directly in Tesla stock to achieve approximately 125% daily exposure. It aims to replicate 1.25x the daily percentage change of Tesla's stock price.
Inception date
August 21, 2023
Fund family
Graniteshares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Leveraged single-stock ETF — documented structural drag

Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.

Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)

Why we flagged this: strategy=leveraged + single_stock_wrapper

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19