Which came closer to its stated multiple, TESC or TSLR?

Over the window to Sep 30, 2026, TESC finished 4.4 points from what its multiple implies and TSLR finished 4.1 points from its own, so TSLR came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are TESC and TSLR levered on the same thing?

Yes. Both are levered on Tesla, TESC at +2 times and TSLR at +2 times the daily move.

Which one decays faster, TESC or TSLR?

Decay follows how much the underlying moves about. Over this window TESC’s moved at 52% annualized and TSLR’s at 52%, so TESC has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold TESC or TSLR for a year?

Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Which is cheaper, TESC or TSLR?

TESC charges 0.45% a year and TSLR charges 0.95%, so TESC is cheaper. Fees come from each fund's prospectus.

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TESC vs TSLR: which held to its multiple?

Over the days both have traded, TESC finished 4.4 points from its stated multiple and TSLR 4.1. Corgi TSLA 2x Daily ETF and GraniteShares 2x Long TSLA Daily ETF.

−37.5%

TESC returned, 3 months

−37.3%

TSLR returned, 3 months

−4.4 pts

TESC from its stated multiple

−4.1 pts

TSLR from its stated multiple

TESC · 3 months to Sep 30, 20264.4 pts short of its stated multiple

TESC returned −37.5% while 2 times TSLA's move would have been −33.1%

TSLR · 3 months to Sep 30, 20264.1 pts short of its stated multiple

TSLR returned −37.3% while 2 times TSLA's move would have been −33.1%

ETFIQ Decay Resistance Score · TSLR scores higherDid it keep up with its own daily multiple, compounded day by day?

TESC 70.1

TSLR 79.6

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

	Total return		Multiple would give		Difference
Window	TESC	TSLR	TESC	TSLR	TESC	TSLR
1 month	−9.3%	−9.2%	−7.1%	−7.1%	−2.2 pts	−2.0 pts
3 months	−37.5%	−37.3%	−33.1%	−33.1%	−4.4 pts	−4.1 pts
6 months	not published	−28.0%	not published	−13.9%	not published	−14.2 pts
1 year	not published	−54.0%	not published	−40.4%	not published	−13.6 pts
3 years	not published	−43.7%	not published	+83.6%	not published	−127.3 pts
Since launch TESC Jun 2026 · TSLR Aug 2023	−36.2%	−38.4%	−31.3%	+104.3%	−4.9 pts	−142.7 pts

TESC and TSLR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

TESC

Corgi TSLA 2x Daily ETF · Aims to return twice the daily move of Tesla (TSLA)

TSLR

GraniteShares 2x Long TSLA Daily ETF · Aims to return twice the daily move of Tesla (TSLA)

Issuer Corgi GraniteShares

Sets out to return +2x +2x

Underlying asset TSLA TSLA

Segment company company

Fund returned, 3 months or since launch −37.5% −37.3%

Underlying returned, over that window −16.6% −16.6%

What the stated multiple implies, over that window −33.1% −33.1%

Difference from stated, over that window −4.4 pts −4.1 pts

Fund returned, 1 year or since launch −36.2% −54.0%

Difference from stated, over that window −4.9 pts −13.6 pts

Underlying volatility 52% 52%

Difference over the days both have traded −4.4 pts −4.1 pts

Expense ratio 0.45% 0.95%

Launched Jun 30, 2026 Aug 22, 2023

Net assets $299,606 $72m

TESC and TSLR on the same fields, as of Sep 30, 2026. Source: ETFIQ.

TESC in plain words

Three months to Sep 30, 2026: TESC returned −37.5% where its own daily promise gave −35.6%, 2.0 points short. Read the multiple against the whole window instead and 2 times TSLA's −16.6% implies −33.1%, which makes TESC look 4.4 points short. 2.4 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. TESC aims to return +2 times TSLA's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. TSLA moved at 52% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

TSLR in plain words

Three months to Sep 30, 2026: TSLR returned −37.3% where its own daily promise gave −35.6%, 1.7 points short. Read the multiple against the whole window instead and 2 times TSLA's −16.6% implies −33.1%, which makes TSLR look 4.1 points short. TSLR aims to return +2 times TSLA's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, TESC or TSLR?: Over the window to Sep 30, 2026, TESC finished 4.4 points from what its multiple implies and TSLR finished 4.1 points from its own, so TSLR came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are TESC and TSLR levered on the same thing?: Yes. Both are levered on Tesla, TESC at +2 times and TSLR at +2 times the daily move.
Which one decays faster, TESC or TSLR?: Decay follows how much the underlying moves about. Over this window TESC’s moved at 52% annualized and TSLR’s at 52%, so TESC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold TESC or TSLR for a year?: Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, TESC or TSLR?: TESC charges 0.45% a year and TSLR charges 0.95%, so TESC is cheaper. Fees come from each fund's prospectus.

Other comparisons

TESC vs TSLQ TESC vs TSLS TESC vs TSLT TESC vs TSLZ TSLR vs TSLS TSLR vs TSLT TSLR vs TSLZ TSLR vs TSDD

TESC on its own →TSLR on its own →How every figure is computed →Standards and sources →

Where these figures came from

TESC filings on SEC EDGAR ↗TESC prospectus with the expense ratio (SEC) ↗Corgi website ↗TSLR filings on SEC EDGAR ↗TSLR prospectus with the expense ratio (SEC) ↗GraniteShares page for TSLR ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, TESC against TSLR, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/tesc-vs-tslr

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.