# TSLQ (Tradr 2X Short TSLA Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: TSLQ returned +0.2% where its own daily promise gave −1.7%, 1.9 points over.

## Key facts

- TSLQ, what TSLA did: −10.1%, as of Sep 11, 2026.
- TSLQ, what −2 times a day gives: −1.7%, as of Sep 11, 2026.
- TSLQ, what the fund returned: +0.2%, as of Sep 11, 2026.
- TSLQ, the fund itself added: +1.9 pts, as of Sep 11, 2026.
- TSLQ, net assets: $114m (source, as filed for Jun 30, 2026).
- TSLQ, expense ratio: 1.15% (485BPOS XBRL, Jul 23, 2026).

## TSLQ over each window to Sep 11, 2026

| Window | Fund | TSLA | -2x the move | Difference | TSLA moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −24.3% | +11.6% | −23.2% | −1.1 pts | 50% |
| 3 months | +0.2% | −10.1% | +20.2% | −20.0 pts | 56% |
| 6 months | −18.8% | −6.6% | +13.2% | −32.0 pts | 51% |
| 1 year | −43.4% | −0.9% | +1.8% | −45.2 pts | 47% |
| 3 years | −95.5% | +36.6% | −73.2% | −22.2 pts | 58% |
| Since launch | −97.2% | +53.3% | −106.7% | +9.5 pts | 58% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -2 times the daily move of TSLA, reset daily | ETFIQ |
| Multiple a holder actually got over the window | -0.02 times, against -2 stated | ETFIQ |
| Underlying | TSLA | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $114m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.15% | 485BPOS XBRL, Jul 23, 2026 |
| Launched | Jul 14, 2022 | ETFIQ |
| Underlying volatility over the window | 56% annualized | ETFIQ |

## Questions

### Did TSLQ return -2 times TSLA?

Over the window to Sep 11, 2026, TSLA moved −10.1% and TSLQ returned +0.2%. 2 times that move is +20.2%, so the fund came out 20.0 points short of it.

### Why does TSLQ not return -2 times over a year?

Because it resets daily. TSLQ aims at -2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what -2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which -2x TSLA ETF tracked its stated multiple most closely?

3 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, TSLQ, data as of Sep 11, 2026. https://etfiq.com/funds/TSLQ
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/TSLQ  ·  JSON: https://etfiq.com/funds/TSLQ.json