CRMX vs. TSLQ

Last updated Jun 23, 2026

CRMX (Tradr 2X Long CRML Daily ETF) and TSLQ (Tradr 2X Short TSLA Daily ETF) are both exchange-traded funds - CRMX is a Leveraged Equities fund tracking the Critical Metals Corp. (CRML), while TSLQ is a Inverse Equities fund actively managed by Tradr. CRMX is passively managed, while TSLQ is actively managed. At a correlation of -0.44, they often move in opposite directions. CRMX charges 1.49%/yr vs 1.17%/yr for TSLQ.

Performance

CRMX vs. TSLQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long CRML Daily ETF (CRMX) and Tradr 2X Short TSLA Daily ETF (TSLQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CRMX

• 1D: 4.89%
• 1M: -16.82%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLQ

• 1D: -2.22%
• 1M: 6.08%
• YTD: 1.82%
• 6M: 19.91%
• 1Y: -62.10%
• 3Y*: -65.39%
• 5Y*: —
• 10Y*: —

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

CRMX vs. TSLQ - Yearly Performance Comparison

	2026 (YTD)
CRMX Tradr 2X Long CRML Daily ETF	-79.69%
TSLQ Tradr 2X Short TSLA Daily ETF	2.32%

Correlation

The correlation between CRMX and TSLQ is -0.44, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	-0.44

Return for Risk

CRMX vs. TSLQ — Risk / Return Rank

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

CRMX

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

TSLQ

TSLQ Risk / Return Rank: 3
TSLQ Sharpe Ratio Rank: 3
TSLQ Sortino Ratio Rank: 3
TSLQ Omega Ratio Rank: 4
TSLQ Calmar Ratio Rank: 2
TSLQ 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.

CRMX vs. TSLQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CRML Daily ETF (CRMX) 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.

	CRMX	TSLQ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.70	—
Sortino ratio: Return per unit of downside risk	—	-0.89	—
Omega ratio: Gain probability vs. loss probability	—	0.90	—
Calmar ratio: Return relative to maximum drawdown	—	-0.86	—
Martin ratio: Return relative to average drawdown	—	-1.11	—

Drawdowns

CRMX vs. TSLQ - Drawdown Comparison

The maximum CRMX drawdown since its inception was -92.84%, smaller than the maximum TSLQ drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for CRMX and TSLQ.

Drawdown Indicators

	CRMX	TSLQ	Difference
Max Drawdown Largest peak-to-trough decline	-92.84%	-98.73%	+5.89%
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	-88.47%	-98.48%	+10.01%
Average Drawdown Average peak-to-trough decline	-76.58%	-67.58%	-9.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	56.11%	—

Volatility

Volatility by Period

	CRMX	TSLQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	25.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	282.72%	88.72%	+194.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	282.72%	94.17%	+188.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	282.72%	94.17%	+188.55%

CRMX vs. TSLQ - Expense Ratio Comparison

CRMX has a 1.49% expense ratio, which is higher than TSLQ's 1.17% expense ratio.

Dividends

CRMX vs. TSLQ - Dividend Comparison

CRMX has not paid dividends to shareholders, while TSLQ's dividend yield for the trailing twelve months is around 10.38%.

Position	TTM	2025	2024	2023	2022
CRMX Tradr 2X Long CRML Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%
TSLQ Tradr 2X Short TSLA Daily ETF	10.38%	10.56%	4.95%	13.35%	2.56%

Frequently Asked Questions

Can I hold both CRMX and TSLQ in my portfolio?

CRMX and TSLQ have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRMX 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, CRMX or TSLQ?

TSLQ is cheaper with a 1.17% expense ratio, compared with 1.49% for CRMX.

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

TSLQ has the higher dividend yield at 10.38%, compared with 0.00% for CRMX.

What is the main difference between CRMX and TSLQ?

CRMX is categorized as Leveraged Equities, while TSLQ is Inverse Equities. Their fees differ too: 1.49% for CRMX and 1.17% for TSLQ.