CRCD vs. TSLZ

Last updated Apr 1, 2026

Compare and contrast key facts about T-REX 2X Inverse CRCL Daily Target ETF (CRCD) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ).

CRCD and TSLZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRCD is an actively managed fund by T-Rex. It was launched on Sep 25, 2025. TSLZ is an actively managed fund by T-Rex. It was launched on Oct 18, 2023.

Performance

CRCD vs. TSLZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Inverse CRCL Daily Target ETF (CRCD) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ). The values are adjusted to include any dividend payments, if applicable.

CRCD vs. TSLZ - Yearly Performance Comparison

	2026 (YTD)	2025
CRCD T-REX 2X Inverse CRCL Daily Target ETF	-80.36%	43.19%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	26.84%	-18.22%

Returns By Period

In the year-to-date period, CRCD achieves a -80.36% return, which is significantly lower than TSLZ's 26.84% return.

CRCD

• 1D: -13.13%
• 1M: -21.51%
• YTD: -80.36%
• 6M: -70.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLZ

• 1D: -5.23%
• 1M: 7.73%
• YTD: 26.84%
• 6M: 12.94%
• 1Y: -80.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRCD vs. TSLZ - Expense Ratio Comparison

CRCD has a 1.50% expense ratio, which is higher than TSLZ's 1.05% expense ratio.

CRCD

T-REX 2X Inverse CRCL Daily Target ETF

TSLZ

T-Rex 2X Inverse Tesla Daily Target ETF

Return for Risk

CRCD vs. TSLZ — Risk / Return Rank

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

TSLZ

TSLZ Risk / Return Rank: 2
TSLZ Sharpe Ratio Rank: 2
TSLZ Sortino Ratio Rank: 1
TSLZ Omega Ratio Rank: 1
TSLZ Calmar Ratio Rank: 0
TSLZ Martin Ratio Rank: 4

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.

CRCD vs. TSLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Inverse CRCL Daily Target ETF (CRCD) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ). 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

	CRCD	TSLZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	-0.66	+0.20

Correlation

The correlation between CRCD and TSLZ is 0.34, 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.

Dividends

CRCD vs. TSLZ - Dividend Comparison

CRCD has not paid dividends to shareholders, while TSLZ's dividend yield for the trailing twelve months is around 0.54%.

	TTM	2025	2024	2023
CRCD T-REX 2X Inverse CRCL Daily Target ETF	0.00%	0.00%	0.00%	0.00%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.54%	0.69%	2.08%	12.15%

Drawdowns

CRCD vs. TSLZ - Drawdown Comparison

The maximum CRCD drawdown since its inception was -94.38%, roughly equal to the maximum TSLZ drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for CRCD and TSLZ.

Drawdown Indicators

	CRCD	TSLZ	Difference
Max Drawdown Largest peak-to-trough decline	-94.38%	-99.11%	+4.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-90.53%	—
Current Drawdown Current decline from peak	-90.68%	-98.67%	+7.99%
Average Drawdown Average peak-to-trough decline	-40.91%	-73.71%	+32.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	78.12%	—

Volatility

Volatility by Period

	CRCD	TSLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	58.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	203.98%	110.05%	+93.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	203.98%	119.08%	+84.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	203.98%	119.08%	+84.90%