{"url":"https://etfiq.com/compare/leverage/tslq-vs-tslz","section":"compare","title":"TSLQ vs TSLZ: which held to its multiple? | ETFIQ","description":"TSLQ sets out to return -2 times TSLA each day and TSLZ -2 times. Over the three months to Sep 30, 2026 they finished \u221213.5 pts and \u221215.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, TSLQ or TSLZ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, TSLQ finished 13.5 points from what its multiple implies and TSLZ finished 15.5 points from its own, so TSLQ came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are TSLQ and TSLZ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Tesla, TSLQ at -2 times and TSLZ at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, TSLQ or TSLZ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window TSLQ\u2019s moved at 52% annualized and TSLZ\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 TSLZ 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 TSLZ?","acceptedAnswer":{"@type":"Answer","text":"TSLQ charges 1.15% a year and TSLZ charges 1.05%, so TSLZ 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 TSLZ","item":"https://etfiq.com/compare/leverage/tslq-vs-tslz"}]},{"@type":"WebPage","name":"TSLQ vs TSLZ: which held to its multiple?","description":"TSLQ sets out to return -2 times TSLA each day and TSLZ -2 times. Over the three months to Sep 30, 2026 they finished \u221213.5 pts and \u221215.5 pts away.","url":"https://etfiq.com/compare/leverage/tslq-vs-tslz","dateModified":"2026-09-30","abstract":"Over the days both have traded, TSLQ finished 13.5 points from its stated multiple and TSLZ 15.5.","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 TSLZ","description":"TSLQ sets out to return -2 times TSLA each day and TSLZ -2 times. Over the three months to Sep 30, 2026 they finished \u221213.5 pts and \u221215.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/tslq-vs-tslz","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":6637,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / TSLQ vs TSLZ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n TSLQ vs TSLZ: which held to its multiple?\n\n Over the days both have traded, TSLQ finished 13.5 points from its stated multiple and TSLZ 15.5.\n Copy this for sharing \n \n Tradr 2X Short TSLA Daily ETF and T-REX 2X INVERSE TESLA DAILY TARGET ETF.\n\n Download as PDF \n\n +19.7% TSLQ returned, 3 months \n +17.6% TSLZ returned, 3 months \n \u221213.5 pts TSLQ from its stated multiple \n \u221215.5 pts TSLZ from its stated multiple \n\n ETFIQ Decay Resistance Score: TSLQ scores higher\n Did it ke","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-tslz","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":"TSLZ","name":"T-REX 2X INVERSE TESLA DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: TSLZ returned +17.6% where its own daily promise gave +17.3%, 0.3 points over.","url":"https://etfiq.com/funds/tslz","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":"+17.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+0.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$30m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.05%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 28, 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-tslz"}