TSLR vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricTSLRVOOWinner
Expense Ratio0.95%0.03%
AUM$64M$979.0B
Dividend Yield0.00%1.09%
Holdings2509
YTD Return-50.89%+14.48%
1Y Return-27.78%+22.02%
3Y Return (annualized)-16.39%+21.80%
5Y Return (annualized)-+13.36%
Volatility (annualized)104.8%14.2%
Max Drawdown-82.8%-34.3%
Fund FamilyGraniteSharesVanguard (US)
CategoryAlternativeEquity
InceptionAug 21, 2023Sep 7, 2010

TSLR vs VOO Performance

GraniteShares 2x Long TSLA Daily ETF (TSLR) is a ETF from GraniteShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year TSLR returned -27.78% while VOO returned +22.02%. Year to date, TSLR is down 50.89% versus a gain of 14.48% for VOO.

Over three years, TSLR compounded at -16.39% per year against +21.80% for VOO. Across the full 3-year window we track, VOO has the edge at +13.61% annualized vs -16.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TSLR has been the more volatile fund, with annualized monthly volatility of 104.8% compared with 14.2% 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 -82.8% for TSLR and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TSLR charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, TSLR currently yields 0.00% against 1.09% for VOO.

Holdings Overlap

1.8%overlap

TSLR and VOO share 1 holdings out of 505 unique holdings combined, representing a 1.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in TSLRWeight in VOODifference
TSLA66.69%1.84%64.85%

Frequently Asked Questions

Which is cheaper, TSLR or VOO?

TSLR has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $92 per year of difference.

Which performed better, TSLR or VOO?

Over the past year TSLR returned -27.78% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), TSLR annualized -16.39% vs +13.61% for VOO. Past performance does not guarantee future results.

Which is riskier, TSLR or VOO?

TSLR has been the more volatile fund at 104.8% annualized versus 14.2% for VOO. Worst drawdown: TSLR -82.8% vs VOO -34.3%.

Should I hold both TSLR and VOO?

TSLR and VOO have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TSLR and VOO?

TSLR and VOO share 1 common holdings with a 1.8% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, TSLR or VOO?

TSLR yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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