TSL vs VOO

TSL vs VOO

Which is better, TSL or VOO?

Trading-Leveraged Equity against Large Cap Blend.

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

Lower Fees: VOOHigher Returns: VOO

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

MetricTSLVOO
Expense Ratio1.15%0.03%Best
AUM$11M$997.4B
Dividend Yield0.00%1.08%
Holdings2509
YTD Return-20.99%+13.81%Best
1Y Return+8.42%+21.53%Best
3Y Return (annualized)+6.34%+21.46%Best
5Y Return (annualized)-+12.87%
Volatility (annualized)73.6%14.1%Best
Max Drawdown-74.5%-18.7%Best
$10,000 over 4.1 years$9,275$19,994Best
Fund FamilyGraniteSharesVanguard (US)
CategoryAlternativeEquity
StyleTrading-Leveraged EquityLarge Cap Blend
InceptionAug 9, 2022Sep 7, 2010

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 9, 2022 to Sep 3, 2026 (4.1 years).

TSL vs VOO 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 4.1 years both funds cover.

TSL vs VOO Performance

GraniteShares 1.25x Long TSLA Daily ETF (TSL) is an ETF from GraniteShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TSL returned +8.42% while VOO returned +21.53%. Year to date, TSL is down 20.99% versus a gain of 13.81% for VOO.

Over three years, TSL compounded at +6.34% per year against +21.46% for VOO. Across the full 4-year window we track, VOO has the edge at +18.41% annualized vs -1.82%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TSL has been the more volatile fund, with annualized monthly volatility of 73.6% compared with 14.1% for VOO. 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 -74.5% for TSL and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.

Fees and Cost Over Time

TSL charges 1.15% per year while VOO charges 0.03%. On a $10,000 position that is $115 vs $3 annually, a gap of $112 per year that compounds over a long holding period. On income, TSL currently yields 0.00% against 1.08% for VOO.

Holdings Overlap

VOO already in TSL1.8%

At least 1.8% of VOO's money is in holdings TSL also owns.

Stated as a floor: for TSL, our book for it covers 55.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

VOO and TSL share little of their money.

1 positions in common, counted across the 1 positions we hold weights for in TSL and 505 in VOO, against full books of 2 and 509.

Top Shared Holdings

StockWeight in TSLWeight in VOODifference
TSLATesla Motors Inc55.55%1.84%53.71%

You are not choosing between two funds in isolation.

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

TSLVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, TSL or VOO?

TSL has an expense ratio of 1.15% while VOO charges 0.03%. VOO is the cheaper option, by $112 a year on a $10,000 investment.

Which performed better, TSL or VOO?

Over the past year TSL returned +8.42% vs +21.53% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), TSL annualized -1.82% vs +18.41% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, TSL or VOO?

TSL has been the more volatile fund at 73.6% annualized versus 14.1% for VOO. Worst drawdown: TSL -74.5% vs VOO -18.7%.

Should I hold both TSL and VOO?

TSL and VOO have a monthly-return correlation of 0.38, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between TSL and VOO?

At least 1.8% of VOO's money is in holdings TSL also owns. Our book for TSL is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 1 positions we hold weights for in TSL and 505 in VOO.

Which pays a higher dividend, TSL or VOO?

TSL yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

Is VOO better than TSL?

VOO has a lower expense ratio. VOO 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.