ETF Evaluator:
Simplify Volt TSLA Revolution ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Growth Over the Last Year
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ETF Details
Simplify Volt TSLA Revolution ETF Overview
Simplify Volt TSLA Revolution ETF (TESL) is an actively managed U.S. Equity Large Growth exchange-traded fund (ETF). Simplify Asset Management launched the ETF in 2020.
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in Tesla-related instruments. The manager defines Tesla-related instruments as Tesla common stock, Tesla linked ETFs, Tesla linked swap contracts, and Tesla call options. The fund includes any leveraging effect of ETFs, swaps, and call options for the purposes of the 80% test. It is non-diversified.
About Simplify Volt TSLA Revolution ETF (TESL)
There are 2 members of the management team with an average tenure of 5.59 years: David Berns (2020) and Tad Park (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Simplify Volt TSLA Revolution ETF has 22 securities in its portfolio. The top 10 holdings constitute 297.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Simplify Volt TSLA Revolution ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Simplify Volt TSLA Revolution ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 25.5% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 60.2% (60.2% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Simplify Volt TSLA Revolution ETF has 35.1% of the portfolio in cash.
Assets Under Management
The fund has $13 million in total assets, which is below the $8 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
TESL Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Simplify Volt TSLA Revolution ETF expense ratio is high compared to funds in the Large Growth category. Simplify Volt TSLA Revolution ETF has an expense ratio of 0.97%, which is 97% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Simplify Volt TSLA Revolution ETF has a portfolio turnover rate of 872%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.
Recently, in the month of July 2026, Simplify Volt TSLA Revolution ETF returned -27.9%, which earned it a grade of F, as the Large Growth category had an average return of -3.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Simplify Volt TSLA Revolution ETF has a trailing yield of 33.14%, which is above the 0.53% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Simplify Volt TSLA Revolution ETF Grades
Year to date, the ETF has returned -30.3%, 36.5 percentage points worse than the category, which translates into a grade of F. The fund has returned -25.8% over the past year (grade of F), 21.9% over the past three years (grade of B) and 8.1% per year over the past five years (grade of D).
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TESL Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TESL Return (NAV) | -27.9% | -12.4% | -25.8% | 21.9% | 8.1% | na |
| TESL Return (Price) | -27.3% | -11.1% | -25.1% | 22.6% | 8.5% | na |
| NAV +/- Price Return | -0.622% | -1.303% | -0.687% | -0.741% | -0.333% | na |
| Large Growth Avg | -3.8% | 2.7% | 13.0% | 19.6% | 9.9% | 15.8% |
| TESL Grade (NAV) | F | F | F | B | D | na |
| +/- Category (NAV) | -24.2% | -15.1% | -38.8% | 2.2% | -1.7% | na |
| TESL Tax-Cost Ratio | na | na | 11.4% | 4.2% | 2.6% | na |
TESL Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TESL Return (NAV) | -30.3% | 3.3% | 149.2% | 60.0% | -61.1% | 18.5% | na | na | na | na | na |
| TESL Return (Price) | -29.9% | 3.7% | 152.3% | 58.3% | -61.1% | 18.5% | na | na | na | na | na |
| NAV +/- Price Ret | -0.016% | 0.113% | 0.021% | -0.029% | -0.001% | 0.004% | na | na | na | na | na |
| Large Growth Avg | 6.2% | 16.9% | 30.5% | 38.6% | -30.7% | 21.6% | 37.2% | 33.0% | -2.1% | 28.4% | 5.0% |
| TESL Grade (NAV) | F | F | A | A | F | D | na | na | na | na | na |
| +/- Category | -36.5% | -13.5% | 118.7% | 21.4% | -30.5% | -3.2% | na | na | na | na | na |
| Risk Measures | |
| Beta: | 2.00 |
| R-Squared: | 18% |
| Standard Deviation: | 61.6% |
| Category Risk Index: | 3.34 |
| Category Risk Rating: | High |
| Total Risk Index: | 5.03 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 33.1% |
| Total Assets: | $ 13 Mil |
| Share Class Assets: | $ 13 Mil |
| Turnover: | 872.0% |
| Expense Ratio: | 0.97% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.6 years | |||
| Average Tenure: 5.6 years | |||
| Managers (Year): Berns David (2020), Park Tad (2020) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 22 |
| % in Top 10 Holdings: | 297.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 25.5% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 60.2% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -20.8% |
| Cash: | 35.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Simplify Asset Management |
| Phone Number: | 855-772-8488 |
| Website: | |
| Inception Date: | December 28, 2020 |
Expenses and Fees
| Expense Ratio (%): | 0.97% (Rating: High) |
| Category Average Expense Ratio (%): | 0.49% |
