GraniteShares 2x Long NIO Daily ETF (TSLI) Performance
TSLI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −47.9% since Dec 31, 2025
- 1 year
- −51.2% total return
- Since first price
- −23.0% since 2025
TSLI trailing returns vs SPY, QQQ, AGG
| Period | TSLI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.1% | −6.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +26.5% | +25.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −17.9% | −18.7% | +7.8% | +8.4% | −1.5% |
| YTD | −47.9% | −48.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −51.2% | −54.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 10, 2025 | −23.0% | −28.1% | — | — | — |
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: TSLI vs SPY
From Sep 10, 2025: TSLI grew to $7,699, SPY to $11,811.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TSLI returns by calendar year
2026 is year to date.
TSLI annual returns table
| Year | TSLI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −47.9% | −64.6% | +12.3% | +15.1% | −1.0% |
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.
TSLI largest drawdowns
Now 56.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 16, 2025 | −70.3% | Jul 29, 2026 | not yet | 7 months | 10 months so far |
| Nov 3, 2025 | −31.9% | Nov 21, 2025 | Dec 16, 2025 | 18 days | 43 days |
| Oct 1, 2025 | −20.2% | Oct 10, 2025 | Nov 3, 2025 | 9 days | 33 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TSLI risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −55.2% |
| Volatility (annualized) | 76.2% |
| Sharpe ratio | -0.68 |
| Sortino ratio | -0.88 |
| Best month | +36.7% |
| Worst month | −48.7% |
| Best 12 months | −55.2% |
| Worst 12 months | −55.2% |
| Positive months | 42% |
| 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.
TSLI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | −55.2% | −53.8% | −52.5% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
TSLI performance overview
GraniteShares 2x Long NIO Daily ETF (TSLI) returned −51.2% over the past year, with distributions reinvested. Since its first recorded price on Sep 10, 2025 it has returned −23.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −70.3%, from Dec 16, 2025 to Jul 29, 2026; the fund has not yet regained that high. Volatility has been 76.2% a year.
Related: TSLI chart, TSLI dividends. See the TSLI overview for the latest quote and fund facts.
TSLI performance FAQ
What is the TSLI return over the past year?
TSLI returned −51.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 54.4%.
How much would $10,000 invested in TSLI be worth?
$10,000 invested in TSLI at its first recorded close on September 10, 2025 would be worth about $7,699 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TSLI?
The largest peak-to-trough decline was −70.3% between December 16, 2025 and July 29, 2026. It has not yet recovered to that high; it is 56.7% below its peak.
How volatile is TSLI?
Over the past history TSLI had an annualized volatility of 76.2% and a Sharpe ratio of -0.68 (excess return over 1–3 month T-bills per unit of risk).