GraniteShares 1.5x Short TSLA Daily ETF (TSDD) Performance
TSDD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.7% since Dec 31, 2025
- 1 year
- −16.0% total return
- 3 years
- −73.3% a year
- Since first price
- −70.8% a year since 2023
TSDD trailing returns vs SPY, QQQ, AGG
| Period | TSDD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.3% | +1.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −33.9% | −33.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −27.3% | −27.3% | +7.8% | +8.4% | −1.5% |
| YTD | −6.7% | −6.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −16.0% | −23.2% | +14.4% | +15.9% | −1.1% |
| 3 years | −98.1%−73.3%/yr | −98.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 22, 2023 | −98.0%−70.8%/yr | −98.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TSDD vs SPY
From Aug 22, 2023: TSDD grew to $201, SPY to $18,049.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TSDD returns by calendar year
0 of 2 full years positive. Best 2025 (−74.8%), worst 2024 (−89.2%). 2026 is year to date.
TSDD annual returns table
| Year | TSDD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.7% | −46.2% | +12.3% | +15.1% | −1.0% |
| 2025 | −74.8% | −91.9% | +17.7% | +20.8% | +7.2% |
| 2024 | −89.2% | −96.6% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TSDD largest drawdowns
Now 98.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 22, 2024 | −99.0% | Dec 22, 2025 | not yet | 1.7 years | 2.5 years so far |
| Oct 30, 2023 | −37.0% | Dec 27, 2023 | Jan 25, 2024 | 58 days | 3 months |
| Aug 24, 2023 | −27.3% | Sep 14, 2023 | Oct 20, 2023 | 21 days | 57 days |
| Feb 5, 2024 | −22.3% | Mar 1, 2024 | Mar 8, 2024 | 25 days | 32 days |
| Mar 14, 2024 | −19.8% | Mar 27, 2024 | Apr 16, 2024 | 13 days | 33 days |
| Jan 25, 2024 | −10.5% | Jan 30, 2024 | Feb 5, 2024 | 5 days | 11 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TSDD risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | −70.1% | −69.1% |
| Volatility (annualized) | 102.8% | 101.4% |
| Sharpe ratio | -0.66 | -0.65 |
| Sortino ratio | -0.90 | -0.89 |
| Best month | +76.4% | +76.4% |
| Worst month | −55.8% | −55.8% |
| Best 12 months | −11.4% | −11.4% |
| Worst 12 months | −94.5% | −94.5% |
| Positive months | 39% | 41% |
| Beta vs S&P 500 | -2.53 | — |
| Correlation with S&P 500 | -0.31 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TSDD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 27 | −94.5% | −81.4% | −11.4% | 0% |
| 3-year (a year) | 3 | −74.0% | −70.4% | −70.1% | 0% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
TSDD performance overview
GraniteShares 1.5x Short TSLA Daily ETF (TSDD) returned −16.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned −70.8% a year, turning $10,000 into about $201. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −99.0%, from Apr 22, 2024 to Dec 22, 2025; the fund has not yet regained that high. Volatility has been 101.4% a year.
Related: TSDD chart, TSDD dividends. See the TSDD overview for the latest quote and fund facts.
TSDD performance FAQ
What is the TSDD return over the past year?
TSDD returned −16.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 23.2%.
How much would $10,000 invested in TSDD be worth?
$10,000 invested in TSDD at its first recorded close on August 22, 2023 would be worth about $201 on October 23, 2026 with distributions reinvested.
What was the worst year for TSDD?
The worst calendar year was 2024, with a total return of −89.2%. The best was 2025 at −74.8%.
What is the biggest drawdown of TSDD?
The largest peak-to-trough decline was −99.0% between April 22, 2024 and December 22, 2025. It has not yet recovered to that high; it is 98.9% below its peak.
How volatile is TSDD?
Over the past 3 years TSDD had an annualized volatility of 102.8% and a Sharpe ratio of -0.66 (excess return over 1–3 month T-bills per unit of risk).