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BULZ vs. TSLA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BULZ vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember
22.48%
95.49%
BULZ
TSLA

Returns By Period

In the year-to-date period, BULZ achieves a 53.82% return, which is significantly higher than TSLA's 36.69% return.


BULZ

YTD

53.82%

1M

9.66%

6M

22.48%

1Y

81.85%

5Y (annualized)

N/A

10Y (annualized)

N/A

TSLA

YTD

36.69%

1M

55.82%

6M

95.49%

1Y

45.02%

5Y (annualized)

72.78%

10Y (annualized)

35.44%

Key characteristics


BULZTSLA
Sharpe Ratio1.190.67
Sortino Ratio1.721.41
Omega Ratio1.231.17
Calmar Ratio1.090.62
Martin Ratio4.141.78
Ulcer Index20.09%22.88%
Daily Std Dev70.13%61.22%
Max Drawdown-94.44%-73.63%
Current Drawdown-53.24%-17.15%

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Correlation

-0.50.00.51.00.7

The correlation between BULZ and TSLA is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

BULZ vs. TSLA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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.


Sharpe ratio
The chart of Sharpe ratio for BULZ, currently valued at 1.19, compared to the broader market0.002.004.001.190.67
The chart of Sortino ratio for BULZ, currently valued at 1.72, compared to the broader market-2.000.002.004.006.008.0010.0012.001.721.41
The chart of Omega ratio for BULZ, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.17
The chart of Calmar ratio for BULZ, currently valued at 1.09, compared to the broader market0.005.0010.0015.001.090.62
The chart of Martin ratio for BULZ, currently valued at 4.14, compared to the broader market0.0020.0040.0060.0080.00100.004.141.78
BULZ
TSLA

The current BULZ Sharpe Ratio is 1.19, which is higher than the TSLA Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of BULZ and TSLA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.19
0.67
BULZ
TSLA

Dividends

BULZ vs. TSLA - Dividend Comparison

Neither BULZ nor TSLA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BULZ vs. TSLA - Drawdown Comparison

The maximum BULZ drawdown since its inception was -94.44%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for BULZ and TSLA. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-53.24%
-17.15%
BULZ
TSLA

Volatility

BULZ vs. TSLA - Volatility Comparison

The current volatility for MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) is 21.96%, while Tesla, Inc. (TSLA) has a volatility of 28.83%. This indicates that BULZ experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%JuneJulyAugustSeptemberOctoberNovember
21.96%
28.83%
BULZ
TSLA