{"url":"https://etfiq.com/compare/leverage/tsli-vs-tsls","section":"compare","title":"TSLI vs TSLS: which held to its multiple? | ETFIQ","description":"TSLI sets out to return +2 times TSLA each day and TSLS -1 times. Over the three months to Oct 9, 2026 they finished \u22127.8 pts and \u22123.8 pts away.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, TSLI or TSLS?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 9, 2026, TSLI finished 7.8 points from what its multiple implies and TSLS finished 3.8 points from its own, so TSLS came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are TSLI and TSLS levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Tesla, TSLI at +2 times and TSLS at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, TSLI or TSLS?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window TSLI\u2019s moved at 48% annualized and TSLS\u2019s at 48%, so TSLI has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold TSLI or TSLS 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, TSLI or TSLS?","acceptedAnswer":{"@type":"Answer","text":"TSLI and TSLS both charge 0.95% a year, so neither 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":"Head to head","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"TSLI vs TSLS","item":"https://etfiq.com/compare/leverage/tsli-vs-tsls"}]},{"@type":"WebPage","name":"TSLI vs TSLS: which held to its multiple?","description":"TSLI sets out to return +2 times TSLA each day and TSLS -1 times. Over the three months to Oct 9, 2026 they finished \u22127.8 pts and \u22123.8 pts away.","url":"https://etfiq.com/compare/leverage/tsli-vs-tsls","dateModified":"2026-10-09","abstract":"Over three months against its own daily promise, TSLI finished 2.5 points short and TSLS 1.9 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of TSLI and TSLS","description":"TSLI sets out to return +2 times TSLA each day and TSLS -1 times. Over the three months to Oct 9, 2026 they finished \u22127.8 pts and \u22123.8 pts away.","dateModified":"2026-10-09","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/tsli-vs-tsls","license":"https://etfiq.com/license/","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":7973,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / TSLI vs TSLS \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 9, 2026 .\n\n TSLI vs TSLS: which held to its multiple?\n\n Over three months against its own daily promise, TSLI finished 2.5 points short and TSLS 1.9 points over.\n Copy this for sharing \n \n Both cost 0.95% a year; their one-year returns differ by 45.6 points; TSLS is 13.3 times larger.\n TSLI and TSLS at a glance. As of Oct 9, 2026. Source: ETFIQ. TSLI TSLS \n Expense ratio 0.95% 0.95% \n Net assets, TSLI as of Oct 9, 2026 and TSLS as of Oct 8, 2026 $3m $47m \n Total return, 1 year \u221245.4%","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/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, TSLI against TSLS, data as of Oct 9, 2026. https://etfiq.com/compare/leverage/tsli-vs-tsls","a":{"ticker":"TSLI","name":"ProShares Ultra TSLA","issuer":"ProShares","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: TSLI returned \u221220.1% where its own daily promise gave \u221217.6%, 2.5 points short.","url":"https://etfiq.com/funds/tsli","key_facts":[{"label":"What TSLA did","value":"\u22126.2%","as_of":"2026-10-09","source":null},{"label":"What 2 times a day gives","value":"\u221217.6%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"\u221220.1%","as_of":"2026-10-09","source":null},{"label":"The fund itself cost","value":"\u22122.5 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$3m","as_of":"2026-10-09","source":"issuer page, as of Oct 9, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-10-09","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"TSLS","name":"Direxion Daily TSLA Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: TSLS returned +2.4% where its own daily promise gave +0.4%, 1.9 points over.","url":"https://etfiq.com/funds/tsls","key_facts":[{"label":"What TSLA did","value":"\u22126.2%","as_of":"2026-10-09","source":null},{"label":"What \u22121 times a day gives","value":"+0.4%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"+2.4%","as_of":"2026-10-09","source":null},{"label":"The fund itself added","value":"+1.9 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$47m","as_of":"2026-10-09","source":"issuer page, as of Oct 8, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-10-09","source":"485BPOS XBRL, Feb 26, 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/tsli-vs-tsls"}