{"url":"https://etfiq.com/compare/leverage/tslq-vs-tslr","section":"compare","title":"TSLQ vs TSLR: which held to its multiple? | ETFIQ","description":"TSLQ sets out to return -2 times TSLA each day and TSLR +2 times. Over the three months to Sep 30, 2026 they finished \u221213.5 pts and \u22124.1 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, TSLQ or TSLR?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, TSLQ finished 13.5 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."}},{"@type":"Question","name":"Are TSLQ and TSLR levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Tesla, TSLQ at -2 times and TSLR at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, TSLQ or TSLR?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window TSLQ\u2019s moved at 52% annualized and TSLR\u2019s at 52%, so TSLQ has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold TSLQ or TSLR 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, TSLQ or TSLR?","acceptedAnswer":{"@type":"Answer","text":"TSLQ charges 1.15% a year and TSLR charges 0.95%, so TSLR 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":"TSLQ vs TSLR","item":"https://etfiq.com/compare/leverage/tslq-vs-tslr"}]},{"@type":"WebPage","name":"TSLQ vs TSLR: which held to its multiple?","description":"TSLQ sets out to return -2 times TSLA each day and TSLR +2 times. Over the three months to Sep 30, 2026 they finished \u221213.5 pts and \u22124.1 pts away.","url":"https://etfiq.com/compare/leverage/tslq-vs-tslr","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, TSLQ finished 2.4 points over and TSLR 1.7 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 TSLQ and TSLR","description":"TSLQ sets out to return -2 times TSLA each day and TSLR +2 times. Over the three months to Sep 30, 2026 they finished \u221213.5 pts and \u22124.1 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/tslq-vs-tslr","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":7178,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / TSLQ vs TSLR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n TSLQ vs TSLR: which held to its multiple?\n\n Over three months against its own daily promise, TSLQ finished 2.4 points over and TSLR 1.7 points short.\n Copy this for sharing \n \n Tradr 2X Short TSLA Daily ETF and GraniteShares 2x Long TSLA Daily ETF.\n\n Download as PDF \n\n +19.7% TSLQ returned, 3 months \n \u221237.3% TSLR returned, 3 months \n \u221213.5 pts TSLQ from its stated multiple \n \u22124.1 pts TSLR from its stated multiple \n\n ETFIQ Decay Resistance Score: TSLR scores higher\n Did i","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/tslq-vs-tslr","a":{"ticker":"TSLQ","name":"Tradr 2X Short TSLA Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: TSLQ returned +19.7% where its own daily promise gave +17.3%, 2.4 points over.","url":"https://etfiq.com/funds/tslq","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":"+19.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+2.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$90m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.15%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 23, 2026"}]},"b":{"ticker":"TSLR","name":"GraniteShares 2x Long TSLA Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: TSLR returned \u221237.3% where its own daily promise gave \u221235.6%, 1.7 points short.","url":"https://etfiq.com/funds/tslr","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":"\u221237.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$72m","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"}]},"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/tslq-vs-tslr"}