{"url":"https://etfiq.com/compare/leverage/tsl-vs-tslg","section":"compare","title":"TSL vs TSLG: which held to its multiple? | ETFIQ","description":"TSL sets out to return +1.25 times TSLA each day and TSLG +2 times. Over the three months to Sep 30, 2026 they finished \u22121.2 pts and \u22124.2 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, TSL or TSLG?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, TSL finished 1.2 points from what its multiple implies and TSLG finished 4.2 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 TSL and TSLG levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Tesla, TSL at +1.25 times and TSLG at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, TSL or TSLG?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window TSL\u2019s moved at 52% annualized and TSLG\u2019s at 52%, so TSL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold TSL or TSLG 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, TSL or TSLG?","acceptedAnswer":{"@type":"Answer","text":"TSL charges 1.15% a year and TSLG charges 0.80%, so TSLG 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":"TSL vs TSLG","item":"https://etfiq.com/compare/leverage/tsl-vs-tslg"}]},{"@type":"WebPage","name":"TSL vs TSLG: which held to its multiple?","description":"TSL sets out to return +1.25 times TSLA each day and TSLG +2 times. Over the three months to Sep 30, 2026 they finished \u22121.2 pts and \u22124.2 pts away.","url":"https://etfiq.com/compare/leverage/tsl-vs-tslg","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, TSL finished 0.7 points short and TSLG 1.8 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 TSL and TSLG","description":"TSL sets out to return +1.25 times TSLA each day and TSLG +2 times. Over the three months to Sep 30, 2026 they finished \u22121.2 pts and \u22124.2 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/tsl-vs-tslg","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":6941,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / TSL vs TSLG \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n TSL vs TSLG: which held to its multiple?\n\n Over three months against its own daily promise, TSL finished 0.7 points short and TSLG 1.8 points short.\n Copy this for sharing \n \n GraniteShares 1.25x Long TSLA Daily ETF and Leverage Shares 2X Long TSLA Daily ETF.\n\n Download as PDF \n\n \u221221.9% TSL returned, 3 months \n \u221237.4% TSLG returned, 3 months \n \u22121.2 pts TSL from its stated multiple \n \u22124.2 pts TSLG 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/tsl-vs-tslg","a":{"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"}]},"b":{"ticker":"TSLG","name":"Leverage Shares 2X Long TSLA Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: TSLG returned \u221237.4% where its own daily promise gave \u221235.6%, 1.8 points short.","url":"https://etfiq.com/funds/tslg","key_facts":[{"label":"What TSLA did","value":"\u221216.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221235.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221237.4%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$40m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.80%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 27, 2026"}]},"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/tsl-vs-tslg"}