# TSLR (GraniteShares 2x Long TSLA Daily ETF)

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

Three months to Sep 11, 2026: TSLR returned −27.7% where its own daily promise gave −25.7%, 2.0 points short.

## Key facts

- TSLR, what TSLA did: −10.1%, as of Sep 11, 2026.
- TSLR, what +2 times a day gives: −25.7%, as of Sep 11, 2026.
- TSLR, what the fund returned: −27.7%, as of Sep 11, 2026.
- TSLR, the fund itself cost: −2.0 pts, as of Sep 11, 2026.
- TSLR, net assets: $107m (source, as filed for Jun 30, 2026).
- TSLR, expense ratio: 0.95% (485BPOS XBRL, Oct 24, 2025).

## TSLR over each window to Sep 11, 2026

| Window | Fund | TSLA | +2x the move | Difference | TSLA moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +21.1% | +11.6% | +23.2% | −2.1 pts | 50% |
| 3 months | −27.7% | −10.1% | −20.2% | −7.5 pts | 56% |
| 6 months | −27.7% | −6.6% | −13.2% | −14.5 pts | 51% |
| 1 year | −29.7% | −0.9% | −1.8% | −27.9 pts | 47% |
| 3 years | −46.8% | +36.6% | +73.2% | −120.1 pts | 58% |
| Since launch | −34.0% | +56.7% | +113.4% | −147.4 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 | +2.75 times, against +2 stated | ETFIQ |
| Underlying | TSLA | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $107m | source, as filed for Jun 30, 2026 |
| Expense ratio | 0.95% | 485BPOS XBRL, Oct 24, 2025 |
| Launched | Aug 22, 2023 | ETFIQ |
| Underlying volatility over the window | 56% annualized | ETFIQ |

## Questions

### Did TSLR return +2 times TSLA?

Over the window to Sep 11, 2026, TSLA moved −10.1% and TSLR returned −27.7%. 2 times that move is −20.2%, so the fund came out 7.5 points short of it.

### Why does TSLR not return +2 times over a year?

Because it resets daily. TSLR 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?

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

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