GraniteShares 2x Long TSLA Daily ETF (TSLR) Performance
TSLR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −47.0% since Dec 31, 2025
- 1 year
- −49.9% total return
- 3 years
- −5.9% a year
- Since first price
- −11.9% a year since 2023
TSLR trailing returns vs SPY, QQQ, AGG
| Period | TSLR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.9% | −5.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +27.0% | +27.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −17.0% | −17.0% | +7.8% | +8.4% | −1.5% |
| YTD | −47.0% | −47.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −49.9% | −49.9% | +14.4% | +15.9% | −1.1% |
| 3 years | −16.8%−5.9%/yr | −16.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 22, 2023 | −33.1%−11.9%/yr | −33.1% | — | — | — |
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: TSLR vs SPY
From Aug 22, 2023: TSLR grew to $6,686, SPY to $18,049.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TSLR returns by calendar year
1 of 2 full years positive. Best 2024 (+67.6%), worst 2025 (−26.0%). 2026 is year to date.
TSLR annual returns table
| Year | TSLR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −47.0% | −64.0% | +12.3% | +15.1% | −1.0% |
| 2025 | −26.0% | −77.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +67.6% | −69.7% | +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.
TSLR largest drawdowns
Now 72.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 17, 2024 | −82.8% | Apr 8, 2025 | not yet | 4 months | 1.8 years so far |
| Sep 14, 2023 | −76.6% | Apr 22, 2024 | Nov 11, 2024 | 7 months | 1.2 years |
| Nov 11, 2024 | −21.8% | Nov 14, 2024 | Dec 2, 2024 | 3 days | 21 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TSLR risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | −17.4% | −19.1% |
| Volatility (annualized) | 106.4% | 105.1% |
| Sharpe ratio | 0.28 | 0.25 |
| Sortino ratio | 0.47 | 0.42 |
| Best month | +80.9% | +80.9% |
| Worst month | −49.6% | −49.6% |
| Best 12 months | +186.2% | +186.2% |
| Worst 12 months | −54.0% | −54.0% |
| Positive months | 50% | 49% |
| Beta vs S&P 500 | 3.76 | — |
| Correlation with S&P 500 | 0.44 | — |
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.
TSLR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 27 | −54.0% | +23.7% | +186.2% | 59% |
| 3-year (a year) | 3 | −17.4% | −16.9% | −2.7% | 0% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
TSLR performance overview
GraniteShares 2x Long TSLA Daily ETF (TSLR) returned −49.9% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned −11.9% a year, turning $10,000 into about $6,686. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −82.8%, from Dec 17, 2024 to Apr 8, 2025; the fund has not yet regained that high. Volatility has been 105.1% a year.
Related: TSLR chart. See the TSLR overview for the latest quote and fund facts.
TSLR performance FAQ
What is the TSLR return over the past year?
TSLR returned −49.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 49.9%.
How much would $10,000 invested in TSLR be worth?
$10,000 invested in TSLR at its first recorded close on August 22, 2023 would be worth about $6,686 on October 23, 2026 with distributions reinvested.
What was the worst year for TSLR?
The worst calendar year was 2025, with a total return of −26.0%. The best was 2024 at +67.6%.
What is the biggest drawdown of TSLR?
The largest peak-to-trough decline was −82.8% between December 17, 2024 and April 8, 2025. It has not yet recovered to that high; it is 72.9% below its peak.
How volatile is TSLR?
Over the past 3 years TSLR had an annualized volatility of 106.4% and a Sharpe ratio of 0.28 (excess return over 1–3 month T-bills per unit of risk).