DRUP vs. TSDD

Last updated Aug 1, 2026

DRUP (GraniteShares Nasdaq Select Disruptors ETF) and TSDD (GraniteShares 2x Short TSLA Daily ETF) are both exchange-traded funds - DRUP is a Large Cap Growth Equities fund tracking the Nasdaq US Large Cap Select Disruptors Index - Benchmark TR Gross, while TSDD is a Inverse Equities fund actively managed by GraniteShares. DRUP is passively managed, while TSDD is actively managed. Over the past year, DRUP returned 3.95% vs -46.78% for TSDD. Their -0.44 correlation means they have often moved in opposite directions in the past. DRUP charges 0.60%/yr vs 0.95%/yr for TSDD.

Performance

DRUP vs. TSDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Nasdaq Select Disruptors ETF (DRUP) and GraniteShares 2x Short TSLA Daily ETF (TSDD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRUP achieves a -2.96% return, which is significantly lower than TSDD's 47.87% return.

DRUP

• 1D: 1.79%
• 1M: 1.65%
• 6M: 4.42%
• YTD: -2.96%
• 1Y: 3.95%
• 3Y*: 16.20%
• 5Y*: 9.37%
• 10Y*: —
• ALL TIME*: 15.16%

TSDD

• 1D: -1.55%
• 1M: 44.87%
• 6M: 39.90%
• YTD: 47.87%
• 1Y: -46.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -69.01%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRUP GraniteShares Nasdaq Select Disruptors ETF	$66.56K	$69.04K	$115.65K
TSDD GraniteShares 2x Short TSLA Daily ETF	$166.67M	$161.08M	$200.09M

DRUP vs. TSDD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DRUP GraniteShares Nasdaq Select Disruptors ETF	-2.96%	18.18%	23.11%	16.08%
TSDD GraniteShares 2x Short TSLA Daily ETF	47.87%	-74.84%	-89.21%	-20.49%

Correlation

The correlation between DRUP and TSDD is -0.37, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.37
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023	-0.44

DRUP vs. TSDD - Sectors Allocation Comparison

Sectors	DRUP	TSDD
Technology	50.5%	-
Healthcare	29.8%	-
Communication Services	14.8%	-
Industrials	3.0%	-
Consumer Cyclical	1.3%	200.0%
Real Estate	0.6%	-
Financial Services	0.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Utilities	-	-

Return for Risk

DRUP vs. TSDD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DRUP

DRUP Risk / Return Rank: 13
DRUP Sharpe Ratio Rank: 13
DRUP Sortino Ratio Rank: 13
DRUP Omega Ratio Rank: 13
DRUP Calmar Ratio Rank: 12
DRUP Martin Ratio Rank: 12

TSDD

TSDD Risk / Return Rank: 6
TSDD Sharpe Ratio Rank: 5
TSDD Sortino Ratio Rank: 7
TSDD Omega Ratio Rank: 7
TSDD Calmar Ratio Rank: 4
TSDD Martin Ratio Rank: 6

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DRUP vs. TSDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Nasdaq Select Disruptors ETF (DRUP) and GraniteShares 2x Short TSLA Daily ETF (TSDD). 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.

	DRUP	TSDD	Difference
Sharpe ratio: Return per unit of total volatility	0.12	-0.49	+0.60
Sortino ratio: Return per unit of downside risk	0.30	-0.27	+0.57
Omega ratio: Gain probability vs. loss probability	1.04	0.97	+0.07
Calmar ratio: Return relative to maximum drawdown	0.10	-0.65	+0.75
Martin ratio: Return relative to average drawdown	0.24	-0.80	+1.04

DRUP vs. TSDD - Sharpe Ratio Comparison

The current DRUP Sharpe Ratio is 0.12, which is higher than the TSDD Sharpe Ratio of -0.49. The chart below compares the historical Sharpe Ratios of DRUP and TSDD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DRUP vs. TSDD - Drawdown Comparison

The maximum DRUP drawdown since its inception was -31.29%, smaller than the maximum TSDD drawdown of -99.03%. Use the drawdown chart below to compare losses from any high point for DRUP and TSDD.

Drawdown Indicators

	DRUP	TSDD	Difference
Max Drawdown Largest peak-to-trough decline	-31.29%	-99.03%	+67.74%
Max Drawdown (1Y) Largest decline over 1 year	-23.21%	-69.48%	+46.27%
Max Drawdown (3Y) Largest decline over 3 years	-23.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.29%	—	—
Current Drawdown Current decline from peak	-5.81%	-98.31%	+92.50%
Average Drawdown Average peak-to-trough decline	-8.42%	-72.61%	+64.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.96%	56.09%	-46.13%

Volatility

DRUP vs. TSDD - Volatility Comparison

The current volatility for GraniteShares Nasdaq Select Disruptors ETF (DRUP) is 4.69%, while GraniteShares 2x Short TSLA Daily ETF (TSDD) has a volatility of 37.07%. This indicates that DRUP experiences smaller price fluctuations and is considered to be less risky than TSDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRUP	TSDD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	37.07%	-32.38%
Volatility (6M) Calculated over the trailing 6-month period	16.64%	67.48%	-50.84%
Volatility (1Y) Calculated over the trailing 1-year period	20.52%	92.71%	-72.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.95%	115.20%	-93.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.14%	115.20%	-92.06%

DRUP vs. TSDD - Expense Ratio Comparison

DRUP has a 0.60% expense ratio, which is lower than TSDD's 0.95% expense ratio.

Dividends

DRUP vs. TSDD - Dividend Comparison

DRUP has not paid dividends to shareholders, while TSDD's dividend yield for the trailing twelve months is around 5.70%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DRUP GraniteShares Nasdaq Select Disruptors ETF	0.00%	0.00%	0.00%	0.40%	0.51%	0.28%	0.53%	0.19%
TSDD GraniteShares 2x Short TSLA Daily ETF	5.70%	8.42%	0.00%	24.84%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRUP and TSDD in my portfolio?

DRUP and TSDD have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRUP or TSDD?

TSDD has higher volatility (37.07%) compared to DRUP (4.69%). In terms of maximum drawdown, DRUP dropped -31.29% vs TSDD's -99.03%.

Which ETF is better, DRUP or TSDD?

On 1-year performance, DRUP leads with 3.95% vs -46.78% for TSDD. On fees, DRUP is cheaper at 0.60% per year. On volatility, DRUP has been the lower-risk option at 4.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRUP or TSDD?

Over the 1-year period, DRUP has performed better with a 3.95% return vs -46.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRUP or TSDD?

DRUP is cheaper with a 0.60% expense ratio, compared with 0.95% for TSDD.

Which ETF pays a higher dividend yield, DRUP or TSDD?

TSDD has the higher dividend yield at 5.70%, compared with 0.00% for DRUP.

What is the main difference between DRUP and TSDD?

DRUP is categorized as Large Cap Growth Equities, while TSDD is Inverse Equities. Their fees differ too: 0.60% for DRUP and 0.95% for TSDD.

Which has better risk-adjusted returns?

DRUP currently has the higher Sharpe Ratio (0.12 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.