FGRU vs. TSLZ

Last updated Jul 11, 2026

FGRU (T-REX 2X Long FIGR Daily Target ETF) and TSLZ (T-Rex 2X Inverse Tesla Daily Target ETF) are both exchange-traded funds - FGRU is a Leveraged Equities fund tracking the Figure Technology Solutions, Inc. (FIGR), while TSLZ is a Inverse Equities fund actively managed by T-Rex. FGRU is passively managed, while TSLZ is actively managed. At a correlation of -0.32, they often move in opposite directions. FGRU charges 1.50%/yr vs 1.05%/yr for TSLZ.

Performance

FGRU vs. TSLZ - Performance Comparison

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

Returns By Period

FGRU

• 1D: -5.95%
• 1M: 20.88%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLZ

• 1D: -0.55%
• 1M: -11.14%
• 6M: -9.36%
• YTD: -8.55%
• 1Y: -66.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FGRU vs. TSLZ - Yearly Performance Comparison

	2026 (YTD)
FGRU T-REX 2X Long FIGR Daily Target ETF	-56.50%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	-19.99%

Correlation

The correlation between FGRU and TSLZ is -0.32, 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 Feb 18, 2026	-0.32

Return for Risk

FGRU vs. TSLZ — Risk / Return Rank

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

FGRU

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

TSLZ

TSLZ Risk / Return Rank: 3
TSLZ Sharpe Ratio Rank: 3
TSLZ Sortino Ratio Rank: 3
TSLZ Omega Ratio Rank: 3
TSLZ Calmar Ratio Rank: 1
TSLZ Martin Ratio Rank: 3

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.

FGRU vs. TSLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long FIGR Daily Target ETF (FGRU) 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.

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.

	FGRU	TSLZ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.77	—
Sortino ratio: Return per unit of downside risk	—	-1.13	—
Omega ratio: Gain probability vs. loss probability	—	0.88	—
Calmar ratio: Return relative to maximum drawdown	—	-0.97	—
Martin ratio: Return relative to average drawdown	—	-1.23	—

Drawdowns

FGRU vs. TSLZ - Drawdown Comparison

The maximum FGRU drawdown since its inception was -67.53%, smaller than the maximum TSLZ drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for FGRU and TSLZ.

Drawdown Indicators

	FGRU	TSLZ	Difference
Max Drawdown Largest peak-to-trough decline	-67.53%	-99.11%	+31.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-69.73%	—
Current Drawdown Current decline from peak	-56.50%	-99.04%	+42.54%
Average Drawdown Average peak-to-trough decline	-42.91%	-76.11%	+33.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	54.96%	—

Volatility

Volatility by Period

	FGRU	TSLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	35.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	62.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	196.74%	88.44%	+108.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	196.74%	117.17%	+79.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	196.74%	117.17%	+79.57%

FGRU vs. TSLZ - Expense Ratio Comparison

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

Dividends

FGRU vs. TSLZ - Dividend Comparison

FGRU has not paid dividends to shareholders, while TSLZ's dividend yield for the trailing twelve months is around 0.75%.

Position	TTM	2025	2024	2023
FGRU T-REX 2X Long FIGR Daily Target ETF	0.00%	0.00%	0.00%	0.00%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.75%	0.69%	2.08%	12.15%

Frequently Asked Questions

Can I hold both FGRU and TSLZ in my portfolio?

FGRU and TSLZ have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FGRU or TSLZ?

On fees, TSLZ is cheaper at 1.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FGRU or TSLZ?

TSLZ is cheaper with a 1.05% expense ratio, compared with 1.50% for FGRU.

Which ETF pays a higher dividend yield, FGRU or TSLZ?

TSLZ has the higher dividend yield at 0.75%, compared with 0.00% for FGRU.

What is the main difference between FGRU and TSLZ?

FGRU is categorized as Leveraged Equities, while TSLZ is Inverse Equities. Their fees differ too: 1.50% for FGRU and 1.05% for TSLZ.