IQSU vs. TSLQ
IQSU (IQ Candriam ESG U.S. Equity ETF) and TSLQ (Tradr 2X Short TSLA Daily ETF) are both exchange-traded funds - IQSU is a Large Cap Growth Equities fund tracking the IQ Candriam ESG US Equity Index, while TSLQ is a Inverse Equities fund actively managed by Tradr. IQSU is passively managed, while TSLQ is actively managed. Over the past 3 years, IQSU returned 16.79%/yr vs -60.20%/yr for TSLQ. Their -0.59 correlation means they have often moved in opposite directions in the past. IQSU charges 0.09%/yr vs 1.17%/yr for TSLQ.
Performance
IQSU vs. TSLQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQSU achieves a 12.56% return, which is significantly lower than TSLQ's 49.23% return.
IQSU
- 1D
- 0.74%
- 1M
- -0.97%
- 6M
- 11.18%
- YTD
- 12.56%
- 1Y
- 26.07%
- 3Y*
- 16.79%
- 5Y*
- 11.42%
- 10Y*
- —
- ALL TIME*
- 15.73%
TSLQ
- 1D
- -1.53%
- 1M
- 45.07%
- 6M
- 40.85%
- YTD
- 49.23%
- 1Y
- -46.08%
- 3Y*
- -60.20%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -54.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $149.00K | $251.27K | $317.14K | |
| $162.68M | $148.83M | $161.26M |
IQSU vs. TSLQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IQSU IQ Candriam ESG U.S. Equity ETF | 12.56% | 14.44% | 16.64% | 32.96% | -1.79% |
TSLQ Tradr 2X Short TSLA Daily ETF | 49.23% | -74.67% | -83.21% | -59.97% | 61.04% |
Correlation
The correlation between IQSU and TSLQ is -0.65, 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. | -0.65 |
Correlation (3Y) Balances recent behavior with more history. | -0.61 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | -0.59 |
The correlation between IQSU and TSLQ has been stable across timeframes, ranging from -0.65 to -0.59 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IQSU vs. TSLQ — Risk / Return Rank
IQSU
TSLQ
IQSU vs. TSLQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ Candriam ESG U.S. Equity ETF (IQSU) 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.
| IQSU | TSLQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.21 | ||
| Sortino ratioReturn per unit of downside risk | +2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.97 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | -0.64 | +2.83 |
| Martin ratioReturn relative to average drawdown | 8.63 | -0.79 | +9.42 |
Loading charts...
Drawdowns
IQSU vs. TSLQ - Drawdown Comparison
The maximum IQSU drawdown since its inception was -31.29%, smaller than the maximum TSLQ drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for IQSU and TSLQ.
Loading charts...
Drawdown Indicators
| IQSU | TSLQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.29% | -98.73% | +67.44% |
Max Drawdown (1Y)Largest decline over 1 year | -11.18% | -69.32% | +58.14% |
Max Drawdown (3Y)Largest decline over 3 years | -20.96% | -97.85% | +76.89% |
Max Drawdown (5Y)Largest decline over 5 years | -26.76% | — | — |
Current DrawdownCurrent decline from peak | -2.02% | -97.78% | +95.76% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -68.42% | +62.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 55.83% | -53.00% |
Volatility
IQSU vs. TSLQ - Volatility Comparison
The current volatility for IQ Candriam ESG U.S. Equity ETF (IQSU) is 4.47%, while Tradr 2X Short TSLA Daily ETF (TSLQ) has a volatility of 36.98%. This indicates that IQSU experiences smaller price fluctuations and is considered to be less risky than TSLQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQSU | TSLQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.47% | 36.98% | -32.51% |
Volatility (6M)Calculated over the trailing 6-month period | 11.58% | 67.32% | -55.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.19% | 92.69% | -78.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.08% | 95.64% | -77.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.62% | 95.64% | -75.02% |
IQSU vs. TSLQ - Expense Ratio Comparison
IQSU has a 0.09% expense ratio, which is lower than TSLQ's 1.17% expense ratio.
Dividends
IQSU vs. TSLQ - Dividend Comparison
IQSU's dividend yield for the trailing twelve months is around 0.99%, less than TSLQ's 7.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IQSU IQ Candriam ESG U.S. Equity ETF | 0.99% | 1.09% | 1.12% | 1.15% | 1.47% | 1.07% | 0.98% |
TSLQ Tradr 2X Short TSLA Daily ETF | 7.08% | 10.56% | 4.95% | 13.35% | 2.56% | 0.00% | 0.00% |
Frequently Asked Questions
IQSU and TSLQ have a correlation of -0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLQ has higher volatility (36.98%) compared to IQSU (4.47%). In terms of maximum drawdown, IQSU dropped -31.29% vs TSLQ's -98.73%.
On 3-year performance, IQSU leads with 16.79% vs -60.20% for TSLQ. On fees, IQSU is cheaper at 0.09% per year. On volatility, IQSU has been the lower-risk option at 4.47%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IQSU has performed better with a 16.79% return vs -60.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IQSU is cheaper with a 0.09% expense ratio, compared with 1.17% for TSLQ.
TSLQ has the higher dividend yield at 7.08%, compared with 0.99% for IQSU.
IQSU is categorized as Large Cap Growth Equities, while TSLQ is Inverse Equities. They also come from different issuers: New York Life and Tradr. Their fees differ too: 0.09% for IQSU and 1.17% for TSLQ.
IQSU currently has the higher Sharpe Ratio (1.73 vs -0.48), 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.
Find the right allocation for IQSU and TSLQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer