CRSH vs. TSLZ

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax Short TSLA Option Income Strategy ETF (CRSH) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ).

CRSH and TSLZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRSH is an actively managed fund by YieldMax. It was launched on May 1, 2024. TSLZ is an actively managed fund by T-Rex. It was launched on Oct 18, 2023.

Performance

CRSH vs. TSLZ - Performance Comparison

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

CRSH vs. TSLZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CRSH YieldMax Short TSLA Option Income Strategy ETF	18.37%	-13.40%	-51.96%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	26.84%	-75.98%	-91.89%

Returns By Period

In the year-to-date period, CRSH achieves a 18.37% return, which is significantly lower than TSLZ's 26.84% return.

CRSH

• 1D: -1.76%
• 1M: 6.01%
• YTD: 18.37%
• 6M: 24.09%
• 1Y: -24.03%
• 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)

CRSH vs. TSLZ - Expense Ratio Comparison

CRSH has a 0.99% expense ratio, which is lower than TSLZ's 1.05% expense ratio.

TSLZ

T-Rex 2X Inverse Tesla Daily Target ETF

CRSH

YieldMax Short TSLA Option Income Strategy ETF

Return for Risk

CRSH vs. TSLZ — Risk / Return Rank

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

CRSH

CRSH Risk / Return Rank: 4
CRSH Sharpe Ratio Rank: 3
CRSH Sortino Ratio Rank: 4
CRSH Omega Ratio Rank: 4
CRSH Calmar Ratio Rank: 3
CRSH Martin Ratio Rank: 6

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.

CRSH vs. TSLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Short TSLA Option Income Strategy ETF (CRSH) 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.

	CRSH	TSLZ	Difference
Sharpe ratio Return per unit of total volatility	-0.57	-0.73	+0.16
Sortino ratio Return per unit of downside risk	-0.59	-1.18	+0.59
Omega ratio Gain probability vs. loss probability	0.93	0.85	+0.07
Calmar ratio Return relative to maximum drawdown	-0.55	-0.91	+0.35
Martin ratio Return relative to average drawdown	-0.75	-1.05	+0.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRSH vs. TSLZ - Sharpe Ratio Comparison

The current CRSH Sharpe Ratio is -0.57, which is comparable to the TSLZ Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of CRSH and TSLZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CRSH	TSLZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	-0.73	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	-0.64	-0.66	+0.01

Correlation

The correlation between CRSH and TSLZ is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CRSH vs. TSLZ - Dividend Comparison

CRSH's dividend yield for the trailing twelve months is around 100.61%, more than TSLZ's 0.54% yield.

	TTM	2025	2024	2023
CRSH YieldMax Short TSLA Option Income Strategy ETF	100.61%	138.78%	94.25%	0.00%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.54%	0.69%	2.08%	12.15%

Drawdowns

CRSH vs. TSLZ - Drawdown Comparison

The maximum CRSH drawdown since its inception was -63.68%, smaller than the maximum TSLZ drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for CRSH and TSLZ.

Drawdown Indicators

	CRSH	TSLZ	Difference
Max Drawdown Largest peak-to-trough decline	-63.68%	-99.11%	+35.43%
Max Drawdown (1Y) Largest decline over 1 year	-48.16%	-90.53%	+42.37%
Current Drawdown Current decline from peak	-53.43%	-98.67%	+45.24%
Average Drawdown Average peak-to-trough decline	-41.91%	-73.71%	+31.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.23%	78.12%	-42.89%

Volatility

CRSH vs. TSLZ - Volatility Comparison

The current volatility for YieldMax Short TSLA Option Income Strategy ETF (CRSH) is 8.04%, while T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) has a volatility of 22.93%. This indicates that CRSH experiences smaller price fluctuations and is considered to be less risky than TSLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRSH	TSLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.04%	22.93%	-14.89%
Volatility (6M) Calculated over the trailing 6-month period	23.47%	58.42%	-34.95%
Volatility (1Y) Calculated over the trailing 1-year period	42.40%	110.05%	-67.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.37%	119.08%	-70.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.37%	119.08%	-70.71%