FBL vs TSL
GraniteShares 2x Long META Daily ETF vs GraniteShares 1.25x Long TSLA Daily ETF
Which is better, FBL or TSL?
FBL has been ahead.
FBL has a lower expense ratio. FBL led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FBL | TSL |
|---|---|---|
| Expense Ratio | 1.09%Best | 1.15% |
| AUM | $191M | $12M |
| Dividend Yield | 2.12% | 0.00% |
| Holdings | 4 | 4 |
| YTD Return | +3.39%Best | -23.76% |
| 1Y Return | -17.03%Best | -22.82% |
| 3Y Return (annualized) | +34.23%Best | +5.98% |
| Volatility (annualized) | 67.9%Best | 70.2% |
| Max Drawdown | -63.2%Best | -63.3% |
| $10,000 over 3.8 years | $91,553Best | $18,847 |
| Fund Family | GraniteShares | GraniteShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Dec 13, 2022 | Aug 9, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 13, 2022 to Oct 14, 2026 (3.8 years).
FBL vs TSL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.8 years both funds cover.
FBL vs TSL Performance
GraniteShares 2x Long META Daily ETF (FBL) is an ETF from GraniteShares and GraniteShares 1.25x Long TSLA Daily ETF (TSL) is an ETF from GraniteShares. Over the past year FBL returned -17.03% while TSL returned -22.82%. Year to date, FBL is up 3.39% versus a loss of 23.76% for TSL.
Over three years, FBL compounded at +34.23% per year against +5.98% for TSL. Across the full 4-year window we track, FBL has the edge at +79.09% annualized vs +18.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSL has been the more volatile fund, with annualized monthly volatility of 70.2% compared with 67.9% for FBL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -63.2% for FBL and -63.3% for TSL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.21. They move largely independently of each other.
Fees and Cost Over Time
FBL charges 1.09% per year while TSL charges 1.15%. On a $10,000 position that is $109 vs $115 annually, a gap of $6 per year that compounds over a long holding period. On income, FBL currently yields 2.12% against 0.00% for TSL.
You are not choosing between two funds in isolation.
Whichever of FBL and TSL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FBL or TSL?
FBL has an expense ratio of 1.09% while TSL charges 1.15%. FBL is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, FBL or TSL?
Over the past year FBL returned -17.03% vs -22.82% for TSL, so FBL leads on 1-year performance. Over the longest common window we track (4 years), FBL annualized +79.09% vs +18.15% for TSL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBL or TSL?
TSL has been the more volatile fund at 70.2% annualized versus 67.9% for FBL. Worst drawdown: FBL -63.2% vs TSL -63.3%.
Should I hold both FBL and TSL?
FBL and TSL have a monthly-return correlation of 0.21, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FBL or TSL?
FBL yields 2.12% while TSL yields 0.00%, so FBL currently pays the higher dividend yield.
Is TSL better than FBL?
FBL has a lower expense ratio. FBL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.