{"url":"https://etfiq.com/compare/leverage/tsdd-vs-tsl","section":"compare","title":"TSDD vs TSL: which held to its multiple? | ETFIQ","description":"TSDD sets out to return -2 times TSLA each day and TSL +1.25 times. Over the three months to Sep 30, 2026 they finished \u221214.3 pts and \u22121.2 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, TSDD or TSL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, TSDD finished 14.3 points from what its multiple implies and TSL finished 1.2 points from its own, so TSL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are TSDD and TSL levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Tesla, TSDD at -2 times and TSL at +1.25 times the daily move."}},{"@type":"Question","name":"Which one decays faster, TSDD or TSL?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window TSDD\u2019s moved at 52% annualized and TSL\u2019s at 52%, so TSDD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold TSDD or TSL for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, TSDD or TSL?","acceptedAnswer":{"@type":"Answer","text":"TSDD charges 0.95% a year and TSL charges 1.15%, so TSDD is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"TSDD vs TSL","item":"https://etfiq.com/compare/leverage/tsdd-vs-tsl"}]},{"@type":"WebPage","name":"TSDD vs TSL: which held to its multiple?","description":"TSDD sets out to return -2 times TSLA each day and TSL +1.25 times. Over the three months to Sep 30, 2026 they finished \u221214.3 pts and \u22121.2 pts away.","url":"https://etfiq.com/compare/leverage/tsdd-vs-tsl","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, TSDD finished 1.5 points over and TSL 0.7 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of TSDD and TSL","description":"TSDD sets out to return -2 times TSLA each day and TSL +1.25 times. Over the three months to Sep 30, 2026 they finished \u221214.3 pts and \u22121.2 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/tsdd-vs-tsl","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7190,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / TSDD vs TSL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n TSDD vs TSL: which held to its multiple?\n\n Over three months against its own daily promise, TSDD finished 1.5 points over and TSL 0.7 points short.\n Copy this for sharing \n \n GraniteShares 2x Short TSLA Daily ETF and GraniteShares 1.25x Long TSLA Daily ETF.\n\n Download as PDF \n\n +18.9% TSDD returned, 3 months \n \u221221.9% TSL returned, 3 months \n \u221214.3 pts TSDD from its stated multiple \n \u22121.2 pts TSL from its stated multiple \n\n ETFIQ Decay Resistance Score: TSL scores higher\n ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/tsdd-vs-tsl","a":{"ticker":"TSDD","name":"GraniteShares 2x Short TSLA Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: TSDD returned +18.9% where its own daily promise gave +17.3%, 1.5 points over.","url":"https://etfiq.com/funds/tsdd","key_facts":[{"label":"What TSLA did","value":"\u221216.6%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"+17.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+18.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$25m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 24, 2025"}]},"b":{"ticker":"TSL","name":"GraniteShares 1.25x Long TSLA Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: TSL returned \u221221.9% where its own daily promise gave \u221221.2%, 0.7 points short.","url":"https://etfiq.com/funds/tsl","key_facts":[{"label":"What TSLA did","value":"\u221216.6%","as_of":"2026-09-30","source":null},{"label":"What 1.25 times a day gives","value":"\u221221.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221221.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$11m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.15%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 24, 2025"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/tsdd-vs-tsl"}