SMUP vs TSLL
T-REX 2X Long SMR Daily Target ETF vs Direxion Daily TSLA Bull 2X ETF
Which is better, SMUP or TSLL?
TSLL has been ahead.
TSLL has a lower expense ratio. TSLL led over 1Y 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 | SMUP | TSLL |
|---|---|---|
| Expense Ratio | 1.50% | 0.95%Best |
| AUM | $5M | $3.8B |
| Dividend Yield | 164.73% | 10.73% |
| Holdings | 3 | 25 |
| YTD Return | +41.08%Best | -45.93% |
| 1Y Return | -89.32% | -47.44%Best |
| 3Y Return (annualized) | - | -11.10% |
| Volatility (annualized) | 2566.9% | 96.4%Best |
| Max Drawdown | -98.8% | -70.1%Best |
| $10,000 over 1.2 years | $695 | $9,057Best |
| Fund Family | REX Shares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Jul 25, 2025 | Aug 9, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 25, 2025 to Oct 14, 2026 (1.2 years).
SMUP 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 1.2 years both funds cover.
SMUP vs TSLL Performance
T-REX 2X Long SMR Daily Target ETF (SMUP) is an ETF from REX Shares and Direxion Daily TSLA Bull 2X ETF (TSLL) is an ETF from Direxion Shares ETF Trust. Over the past year SMUP returned -89.32% while TSLL returned -47.44%. Year to date, SMUP is up 41.08% versus a loss of 45.93% for TSLL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMUP has been the more volatile fund, with annualized monthly volatility of 2566.9% compared with 96.4% for TSLL. 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 -98.8% for SMUP and -70.1% 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 0.01. They move largely independently of each other.
Fees and Cost Over Time
SMUP charges 1.50% per year while TSLL charges 0.95%. On a $10,000 position that is $150 vs $95 annually, a gap of $55 per year that compounds over a long holding period. On income, SMUP currently yields 164.73% against 10.73% for TSLL.
You are not choosing between two funds in isolation.
Whichever of SMUP and TSLL 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, SMUP or TSLL?
SMUP has an expense ratio of 1.50% while TSLL charges 0.95%. TSLL is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, SMUP or TSLL?
Over the past year SMUP returned -89.32% vs -47.44% for TSLL, so TSLL leads on 1-year performance. Over the longest common window we track (1 years), SMUP annualized -89.16% vs -7.92% for TSLL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SMUP or TSLL?
SMUP has been the more volatile fund at 2566.9% annualized versus 96.4% for TSLL. Worst drawdown: SMUP -98.8% vs TSLL -70.1%.
Should I hold both SMUP and TSLL?
SMUP and TSLL have a monthly-return correlation of 0.01, 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, SMUP or TSLL?
SMUP yields 164.73% while TSLL yields 10.73%, so SMUP currently pays the higher dividend yield.
Is TSLL better than SMUP?
TSLL has a lower expense ratio. TSLL led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.