# TSLG (Leverage Shares 2X Long TSLA Daily ETF)

Leverage Shares · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: TSLG returned −37.4% where its own daily promise gave −35.6%, 1.8 points short.

## Key facts

- TSLG, what TSLA did: −16.6%, as of Sep 30, 2026.
- TSLG, what 2 times a day gives: −35.6%, as of Sep 30, 2026.
- TSLG, what the fund returned: −37.4%, as of Sep 30, 2026.
- TSLG, the fund itself cost: −1.8 pts, as of Sep 30, 2026.
- TSLG, net assets: $40m (issuer page, as of Sep 29, 2026).
- TSLG, expense ratio: 0.80% (485BPOS XBRL, Feb 27, 2026).

## TSLG over each window to Sep 30, 2026

| Window | Fund | TSLA | +2x the move | Difference | TSLA moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −9.3% | −3.6% | −7.1% | −2.1 pts | 40% |
| 3 months | −37.4% | −16.6% | −33.1% | −4.2 pts | 52% |
| 6 months | −28.4% | −6.9% | −13.9% | −14.5 pts | 50% |
| 1 year | −54.6% | −20.2% | −40.4% | −14.2 pts | 46% |
| Since launch | −70.5% | −18.7% | −37.3% | −33.1 pts | 57% |

## 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 | +2.25 times, against +2 stated | ETFIQ |
| Underlying | TSLA | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $40m | issuer page, as of Sep 29, 2026 |
| Expense ratio | 0.80% | 485BPOS XBRL, Feb 27, 2026 |
| Launched | Dec 13, 2024 | ETFIQ |
| Underlying volatility over the window | 52% annualized | ETFIQ |

## Questions

### Did TSLG return +2 times TSLA?

Over the window to Sep 30, 2026, TSLA moved −16.6% and TSLG returned −37.4%. 2 times that move is −33.1%, so the fund came out 4.2 points short of it.

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

Because it resets daily. TSLG 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 figure itself.


## Cite this page

ETFIQ, TSLG, data as of Sep 30, 2026. https://etfiq.com/funds/tslg
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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