FBL vs TSLL

FBL vs TSLL

Which is better, FBL or TSLL?

FBL has been ahead.

TSLL has a lower expense ratio. FBL led over 1Y, 3Y and the full window.

Lower Fees: TSLLHigher Returns: FBL

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

MetricFBLTSLL
Expense Ratio1.09%0.95%Best
AUM$191M$3.8B
Dividend Yield2.12%10.73%
Holdings425
YTD Return+3.39%Best-45.93%
1Y Return-17.03%Best-47.44%
3Y Return (annualized)+34.23%Best-11.10%
Volatility (annualized)67.9%Best102.2%
Max Drawdown-63.2%Best-82.9%
$10,000 over 3.8 years$91,553Best$11,748
Fund FamilyGraniteSharesDirexion Shares ETF Trust
CategoryAlternativeAlternative
StyleTrading-Leveraged EquityTrading-Leveraged Equity
InceptionDec 13, 2022Aug 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 TSLL 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.

Compare FBL against instead:FBL vs SPYFBL vs QQQFBL vs VOOFBL vs VTITSLL against:TSLL vs VXUS

FBL vs TSLL Performance

GraniteShares 2x Long META Daily ETF (FBL) is an ETF from GraniteShares and Direxion Daily TSLA Bull 2X ETF (TSLL) is an ETF from Direxion Shares ETF Trust. Over the past year FBL returned -17.03% while TSLL returned -47.44%. Year to date, FBL is up 3.39% versus a loss of 45.93% for TSLL.

Over three years, FBL compounded at +34.23% per year against -11.10% for TSLL. Across the full 4-year window we track, FBL has the edge at +79.09% annualized vs +4.33%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TSLL has been the more volatile fund, with annualized monthly volatility of 102.2% 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 -82.9% for TSLL. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.20. They move largely independently of each other.

Fees and Cost Over Time

FBL charges 1.09% per year while TSLL charges 0.95%. On a $10,000 position that is $109 vs $95 annually, a gap of $14 per year that compounds over a long holding period. On income, FBL currently yields 2.12% against 10.73% for TSLL.

You are not choosing between two funds in isolation.

Whichever of FBL and TSLL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

FBLTSLL

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, FBL or TSLL?

FBL has an expense ratio of 1.09% while TSLL charges 0.95%. TSLL is the cheaper option, by $14 a year on a $10,000 investment.

Which performed better, FBL or TSLL?

Over the past year FBL returned -17.03% vs -47.44% for TSLL, so FBL leads on 1-year performance. Over the longest common window we track (4 years), FBL annualized +79.09% vs +4.33% for TSLL. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, FBL or TSLL?

TSLL has been the more volatile fund at 102.2% annualized versus 67.9% for FBL. Worst drawdown: FBL -63.2% vs TSLL -82.9%.

Should I hold both FBL and TSLL?

FBL and TSLL have a monthly-return correlation of 0.20, 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 TSLL?

FBL yields 2.12% while TSLL yields 10.73%, so TSLL currently pays the higher dividend yield.

Is TSLL better than FBL?

TSLL 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.