CORD vs. TSLQ

Last updated Jun 23, 2026

CORD (T-Rex 2X Inverse CRWV Daily Target ETF) and TSLQ (Tradr 2X Short TSLA Daily ETF) are both Inverse Equities funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. CORD charges 1.50%/yr vs 1.17%/yr for TSLQ.

Performance

CORD vs. TSLQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Inverse CRWV Daily Target ETF (CORD) and Tradr 2X Short TSLA Daily ETF (TSLQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CORD achieves a -88.71% return, which is significantly lower than TSLQ's 13.60% return.

CORD

• 1D: 11.26%
• 1M: -24.83%
• YTD: -88.71%
• 6M: -84.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLQ

• 1D: 11.57%
• 1M: 18.36%
• YTD: 13.60%
• 6M: 31.99%
• 1Y: -49.38%
• 3Y*: -64.10%
• 5Y*: —
• 10Y*: —

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

CORD vs. TSLQ - Yearly Performance Comparison

	2026 (YTD)	2025
CORD T-Rex 2X Inverse CRWV Daily Target ETF	-88.71%	53.14%
TSLQ Tradr 2X Short TSLA Daily ETF	13.60%	-23.80%

Correlation

The correlation between CORD and TSLQ is 0.29, 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 26, 2025	0.29

Return for Risk

CORD vs. TSLQ — Risk / Return Rank

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

CORD

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

TSLQ

TSLQ Risk / Return Rank: 5
TSLQ Sharpe Ratio Rank: 4
TSLQ Sortino Ratio Rank: 5
TSLQ Omega Ratio Rank: 5
TSLQ Calmar Ratio Rank: 3
TSLQ Martin Ratio Rank: 5

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.

CORD vs. TSLQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Inverse CRWV Daily Target ETF (CORD) and Tradr 2X Short TSLA Daily ETF (TSLQ). 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.

	CORD	TSLQ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.56	—
Sortino ratio: Return per unit of downside risk	—	-0.47	—
Omega ratio: Gain probability vs. loss probability	—	0.95	—
Calmar ratio: Return relative to maximum drawdown	—	-0.69	—
Martin ratio: Return relative to average drawdown	—	-0.88	—

Drawdowns

CORD vs. TSLQ - Drawdown Comparison

The maximum CORD drawdown since its inception was -93.69%, smaller than the maximum TSLQ drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for CORD and TSLQ.

Drawdown Indicators

	CORD	TSLQ	Difference
Max Drawdown Largest peak-to-trough decline	-93.69%	-98.73%	+5.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-72.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-97.85%	—
Current Drawdown Current decline from peak	-92.63%	-98.31%	+5.68%
Average Drawdown Average peak-to-trough decline	-58.30%	-67.61%	+9.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	56.23%	—

Volatility

Volatility by Period

	CORD	TSLQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	185.44%	89.33%	+96.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	185.44%	94.31%	+91.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	185.44%	94.31%	+91.13%

CORD vs. TSLQ - Expense Ratio Comparison

CORD has a 1.50% expense ratio, which is higher than TSLQ's 1.17% expense ratio.

Dividends

CORD vs. TSLQ - Dividend Comparison

CORD has not paid dividends to shareholders, while TSLQ's dividend yield for the trailing twelve months is around 9.30%.

Position	TTM	2025	2024	2023	2022
CORD T-Rex 2X Inverse CRWV Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%
TSLQ Tradr 2X Short TSLA Daily ETF	9.30%	10.56%	4.95%	13.35%	2.56%

Frequently Asked Questions

Can I hold both CORD and TSLQ in my portfolio?

CORD and TSLQ have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CORD or TSLQ?

On fees, TSLQ is cheaper at 1.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CORD or TSLQ?

TSLQ is cheaper with a 1.17% expense ratio, compared with 1.50% for CORD.

Which ETF pays a higher dividend yield, CORD or TSLQ?

TSLQ has the higher dividend yield at 9.30%, compared with 0.00% for CORD.

What is the main difference between CORD and TSLQ?

They also come from different issuers: Tuttle Capital Management and Tradr. Their fees differ too: 1.50% for CORD and 1.17% for TSLQ.