TSLL stock
TSLL aims for twice Tesla’s move each day. Over weeks and months it can end up far from twice Tesla’s return: here’s by how much, live.
- Tesla today
- +3.39%
- 2× Tesla today
- +6.78%
- After hours
- $9.83 −6.56% 7:59 PM ET
- 52-week range
- $6.70–$23.74
- Expense ratio
- 0.83% a year
- Volume
- 74.1M
The chart fills in as the desk logs prices.
TSLL against 2× Tesla
To the last close. “2× Tesla” is what many buyers expect: double Tesla’s return over the period. The gap is how far TSLL actually ended up from that, payouts included.
| Period | Tesla | 2 × Tesla | TSLL | Gap |
|---|---|---|---|---|
| 1 week | +5.3% | +10.5% | +9.8% | −0.7 pts |
| 1 month | +3.0% | +6.0% | +4.0% | −2.0 pts |
| 3 months | +3.3% | +6.7% | −3.3% | −10.0 pts |
| 6 months | −0.3% | −0.5% | −17.4% | −16.9 pts |
| This year | −14.1% | −28.1% | −43.7% | −15.6 pts |
| 1 year | −12.7% | −25.4% | −45.6% | −20.2 pts |
TSLL tracked 1.5 times Tesla until April 2, 2024, so the comparison starts there.
How TSLL works
TSLL, the Direxion Daily TSLA Bull 2X Shares, uses swaps to aim for 200% of Tesla’s return each day, before fees. It resets every day, so over longer periods its return depends on the path Tesla takes, not just where it ends.
Why it drifts from 2×: volatility decay
Say Tesla rises 10% one day and falls 10% the next: it ends down 1%. TSLL rises 20% then falls 20%: it ends down 4%, four times worse rather than twice. In choppy markets that drag adds up; in a steady rally, compounding can make TSLL beat 2×. The bigger Tesla’s swings, the bigger the effect, and Tesla swings a lot.
TSLL facts
- Issuer: Direxion. Launched: August 9, 2022.
- Expense ratio: 0.83% a year, plus the cost of the swaps.
- Payouts: usually quarterly, from interest on the fund’s cash, with occasional larger year-end payouts.
Recent payouts
| Ex-date | Payout per share |
|---|---|
| Sep 22, 2026 | $0.0710 |
| Jun 23, 2026 | $0.1050 |
| Mar 24, 2026 | $0.0990 |
| Dec 23, 2025 | $0.1120 |
| Dec 10, 2025 | $0.5790 |
| Sep 23, 2025 | $0.0890 |
| Jun 24, 2025 | $0.0900 |
| Mar 25, 2025 | $0.0840 |
| Dec 23, 2024 | $0.1400 |
| Dec 12, 2024 | $0.3000 |
Questions
Is TSLL a good long-term investment?
It’s built for short-term trades. Over months, volatility decay can leave it well behind 2× Tesla, and a 50% Tesla drop in one day would wipe it out.
Does TSLL pay dividends?
It pays distributions, usually quarterly, mostly from interest on its cash. They’re taxed as ordinary income.
What’s the difference between TSLL and TSLA?
TSLA is Tesla’s stock. TSLL is a fund that aims for twice Tesla’s daily move, so it gains and loses about twice as fast.
Trading TSLL means trading Tesla’s news. Follow TSLA on LemonTrades for headlines scored the minute they break and ⚡ alerts when it moves sharply, with the likely cause. Try LemonTrades free for 3 days, no card needed.
Market news and analysis, not financial advice. AI can misread a headline, so check the source before acting on anything important. Prices and news may be delayed.