Leverage Shares 2X Long TSLA Daily ETF (TSLG) Performance
TSLG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −47.7% since Dec 31, 2025
- 1 year
- −50.8% total return
- Since first price
- −68.1% since 2024
TSLG trailing returns vs SPY, QQQ, AGG
| Period | TSLG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.3% | −6.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +26.2% | +26.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −17.7% | −17.7% | +7.8% | +8.4% | −1.5% |
| YTD | −47.7% | −47.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −50.8% | −53.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 13, 2024 | −68.1% | −70.0% | — | — | — |
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: TSLG vs SPY
From Dec 13, 2024: TSLG grew to $3,186, SPY to $12,868.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TSLG returns by calendar year
0 of 1 full years positive. Best 2025 (−26.7%), worst 2025 (−26.7%). 2026 is year to date.
TSLG annual returns table
| Year | TSLG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −47.7% | −64.4% | +12.3% | +15.1% | −1.0% |
| 2025 | −26.7% | −77.3% | +17.7% | +20.8% | +7.2% |
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.
TSLG largest drawdowns
Now 73.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 17, 2024 | −82.9% | Apr 8, 2025 | not yet | 4 months | 1.8 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TSLG risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −44.7% |
| Volatility (annualized) | 100.8% |
| Sharpe ratio | -0.13 |
| Sortino ratio | -0.21 |
| Best month | +72.7% |
| Worst month | −49.7% |
| Best 12 months | +34.9% |
| Worst 12 months | −54.7% |
| Positive months | 43% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
TSLG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | −54.7% | −13.7% | +34.9% | 45% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
TSLG performance overview
Leverage Shares 2X Long TSLA Daily ETF (TSLG) returned −50.8% over the past year, with distributions reinvested. Since its first recorded price on Dec 13, 2024 it has returned −68.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −82.9%, from Dec 17, 2024 to Apr 8, 2025; the fund has not yet regained that high. Volatility has been 100.8% a year.
Related: TSLG chart, TSLG dividends. See the TSLG overview for the latest quote and fund facts.
TSLG performance FAQ
What is the TSLG return over the past year?
TSLG returned −50.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 53.7%.
How much would $10,000 invested in TSLG be worth?
$10,000 invested in TSLG at its first recorded close on December 13, 2024 would be worth about $3,186 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TSLG?
The largest peak-to-trough decline was −82.9% between December 17, 2024 and April 8, 2025. It has not yet recovered to that high; it is 73.6% below its peak.
How volatile is TSLG?
Over the past history TSLG had an annualized volatility of 100.8% and a Sharpe ratio of -0.13 (excess return over 1–3 month T-bills per unit of risk).