BTDR vs. TSLT
Compare and contrast key facts about Bitdeer Technologies Group Class A Ordinary Shares (BTDR) and T-Rex 2X Long Tesla Daily Target ETF (TSLT).
TSLT is an actively managed fund by T-Rex. It was launched on Oct 18, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTDR or TSLT.
Correlation
The correlation between BTDR and TSLT is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BTDR vs. TSLT - Performance Comparison
Key characteristics
BTDR:
1.01
TSLT:
0.64
BTDR:
2.02
TSLT:
1.81
BTDR:
1.23
TSLT:
1.21
BTDR:
1.85
TSLT:
1.10
BTDR:
4.10
TSLT:
2.70
BTDR:
28.16%
TSLT:
30.20%
BTDR:
114.53%
TSLT:
127.95%
BTDR:
-79.52%
TSLT:
-73.98%
BTDR:
-42.80%
TSLT:
-50.26%
Returns By Period
In the year-to-date period, BTDR achieves a -31.10% return, which is significantly lower than TSLT's -27.80% return.
BTDR
-31.10%
-31.23%
113.59%
122.50%
N/A
N/A
TSLT
-27.80%
-32.50%
112.67%
91.93%
N/A
N/A
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Risk-Adjusted Performance
BTDR vs. TSLT — Risk-Adjusted Performance Rank
BTDR
TSLT
BTDR vs. TSLT - Risk-Adjusted Performance 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.
Dividends
BTDR vs. TSLT - Dividend Comparison
Neither BTDR nor TSLT has paid dividends to shareholders.
Drawdowns
BTDR vs. TSLT - Drawdown Comparison
The maximum BTDR drawdown since its inception was -79.52%, which is greater than TSLT's maximum drawdown of -73.98%. Use the drawdown chart below to compare losses from any high point for BTDR and TSLT. For additional features, visit the drawdowns tool.
Volatility
BTDR vs. TSLT - Volatility Comparison
Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has a higher volatility of 35.57% compared to T-Rex 2X Long Tesla Daily Target ETF (TSLT) at 24.93%. This indicates that BTDR's price experiences larger fluctuations and is considered to be riskier than TSLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.