BMNU vs. TSLA

Last updated Jun 3, 2026

BMNU (T-REX 2X Long BMNR Daily Target ETF) is Leveraged Equities fund actively managed by REX, while TSLA (Tesla, Inc.) is a stock. At a 0.42 correlation, their price movements are largely independent.

Performance

BMNU vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long BMNR Daily Target ETF (BMNU) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BMNU achieves a -72.70% return, which is significantly lower than TSLA's -5.78% return.

BMNU

• 1D: -8.74%
• 1M: -36.19%
• YTD: -72.70%
• 6M: -82.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLA

• 1D: 1.89%
• 1M: 8.42%
• YTD: -5.78%
• 6M: -1.28%
• 1Y: 23.65%
• 3Y*: 25.58%
• 5Y*: 17.28%
• 10Y*: 40.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BMNU vs. TSLA - Yearly Performance Comparison

	2026 (YTD)	2025
BMNU T-REX 2X Long BMNR Daily Target ETF	-72.70%	-81.57%
TSLA Tesla, Inc.	-5.78%	2.12%

Correlation

The correlation between BMNU and TSLA is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	0.42

Return for Risk

BMNU vs. TSLA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSLA

TSLA Risk / Return Rank: 55
TSLA Sharpe Ratio Rank: 57
TSLA Sortino Ratio Rank: 53
TSLA Omega Ratio Rank: 51
TSLA Calmar Ratio Rank: 57
TSLA Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMNU vs. TSLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long BMNR Daily Target ETF (BMNU) and Tesla, Inc. (TSLA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BMNU	TSLA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.51	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.30	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	0.73	-1.26

Drawdowns

BMNU vs. TSLA - Drawdown Comparison

The maximum BMNU drawdown since its inception was -96.67%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for BMNU and TSLA.

Drawdown Indicators

	BMNU	TSLA	Difference
Max Drawdown Largest peak-to-trough decline	-96.67%	-73.63%	-23.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-29.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-53.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-73.63%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.63%	—
Current Drawdown Current decline from peak	-96.67%	-13.50%	-83.17%
Average Drawdown Average peak-to-trough decline	-79.59%	-22.73%	-56.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.81%	—

Volatility

Volatility by Period

	BMNU	TSLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	187.73%	46.37%	+141.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	187.73%	58.90%	+128.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	187.73%	59.12%	+128.61%

Dividends

BMNU vs. TSLA - Dividend Comparison

Neither BMNU nor TSLA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BMNU and TSLA in my portfolio?

BMNU and TSLA have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.