BTDR vs. TSLT
BTDR (Bitdeer Technologies Group Class A Ordinary Shares) is a stock, while TSLT (T-Rex 2X Long Tesla Daily Target ETF) is Leveraged Equities fund actively managed by T-Rex. Over the past year, BTDR returned 57.93% vs -15.30% for TSLT. At a 0.36 correlation, their price movements are largely independent.
Performance
BTDR vs. TSLT - Performance Comparison
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Returns By Period
In the year-to-date period, BTDR achieves a 53.70% return, which is significantly higher than TSLT's -38.04% return.
BTDR
- 1D
- -1.15%
- 1M
- 17.61%
- YTD
- 53.70%
- 6M
- 52.34%
- 1Y
- 57.93%
- 3Y*
- 14.86%
- 5Y*
- —
- 10Y*
- —
TSLT
- 1D
- -11.45%
- 1M
- -22.15%
- YTD
- -38.04%
- 6M
- -47.16%
- 1Y
- -15.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTDR vs. TSLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BTDR Bitdeer Technologies Group Class A Ordinary Shares | 53.70% | -48.27% | 119.78% | 177.75% |
TSLT T-Rex 2X Long Tesla Daily Target ETF | -38.04% | -29.49% | 54.17% | 13.02% |
Correlation
The correlation between BTDR and TSLT is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | 0.36 |
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Return for Risk
BTDR vs. TSLT — Risk / Return Rank
BTDR
TSLT
BTDR vs. TSLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and T-Rex 2X Long Tesla Daily Target ETF (TSLT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BTDR | TSLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.04 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | -0.28 | +1.09 |
| Martin ratioReturn relative to average drawdown | 1.35 | -0.55 | +1.90 |
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Drawdowns
BTDR vs. TSLT - Drawdown Comparison
The maximum BTDR drawdown since its inception was -79.52%, roughly equal to the maximum TSLT drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for BTDR and TSLT.
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Drawdown Indicators
| BTDR | TSLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.52% | -83.16% | +3.64% |
Max Drawdown (1Y)Largest decline over 1 year | -71.89% | -55.08% | -16.81% |
Max Drawdown (3Y)Largest decline over 3 years | -79.52% | — | — |
Current DrawdownCurrent decline from peak | -33.98% | -69.90% | +35.92% |
Average DrawdownAverage peak-to-trough decline | -43.53% | -50.62% | +7.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.00% | 28.13% | +14.87% |
Volatility
BTDR vs. TSLT - Volatility Comparison
Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and T-Rex 2X Long Tesla Daily Target ETF (TSLT) have volatilities of 28.01% and 28.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTDR | TSLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.01% | 28.45% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 68.17% | 56.51% | +11.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.02% | 88.95% | +11.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 122.87% | 116.87% | +6.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 122.87% | 116.87% | +6.00% |
Dividends
BTDR vs. TSLT - Dividend Comparison
Neither BTDR nor TSLT has paid dividends to shareholders.
Frequently Asked Questions
BTDR and TSLT have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLT has higher volatility (28.45%) compared to BTDR (28.01%). In terms of maximum drawdown, BTDR dropped -79.52% vs TSLT's -83.16%.
BTDR currently has the higher Sharpe Ratio (0.58 vs -0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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