JOBX vs. TSLQ
JOBX (Tradr 2X Long JOBY Daily ETF) and TSLQ (Tradr 2X Short TSLA Daily ETF) are both exchange-traded funds - JOBX is a Leveraged Equities fund actively managed by Tradr, while TSLQ is a Inverse Equities fund actively managed by Tradr. Both are actively managed. At a correlation of -0.39, they often move in opposite directions. JOBX charges 1.30%/yr vs 1.17%/yr for TSLQ.
Performance
JOBX vs. TSLQ - Performance Comparison
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Returns By Period
In the year-to-date period, JOBX achieves a -75.91% return, which is significantly lower than TSLQ's -6.50% return.
JOBX
- 1D
- -6.07%
- 1M
- -31.92%
- 6M
- -81.85%
- YTD
- -75.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLQ
- 1D
- -0.59%
- 1M
- -11.10%
- 6M
- -7.57%
- YTD
- -6.50%
- 1Y
- -64.99%
- 3Y*
- -65.69%
- 5Y*
- —
- 10Y*
- —
JOBX vs. TSLQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JOBX Tradr 2X Long JOBY Daily ETF | -75.91% | -29.29% |
TSLQ Tradr 2X Short TSLA Daily ETF | -6.50% | -51.32% |
Correlation
The correlation between JOBX and TSLQ is -0.39, 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 Sep 9, 2025 | -0.39 |
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Return for Risk
JOBX vs. TSLQ — Risk / Return Rank
JOBX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSLQ
JOBX vs. TSLQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long JOBY Daily ETF (JOBX) 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.
| JOBX | TSLQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.89 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.95 | — |
| Martin ratioReturn relative to average drawdown | — | -1.21 | — |
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Drawdowns
JOBX vs. TSLQ - Drawdown Comparison
The maximum JOBX drawdown since its inception was -90.82%, smaller than the maximum TSLQ drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for JOBX and TSLQ.
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Drawdown Indicators
| JOBX | TSLQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.82% | -98.73% | +7.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -69.32% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -97.85% | — |
Current DrawdownCurrent decline from peak | -90.82% | -98.61% | +7.79% |
Average DrawdownAverage peak-to-trough decline | -62.14% | -67.98% | +5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 54.24% | — |
Volatility
JOBX vs. TSLQ - Volatility Comparison
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Volatility by Period
| JOBX | TSLQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 35.92% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 62.69% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 146.02% | 89.76% | +56.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 146.02% | 94.89% | +51.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 146.02% | 94.89% | +51.13% |
JOBX vs. TSLQ - Expense Ratio Comparison
JOBX has a 1.30% expense ratio, which is higher than TSLQ's 1.17% expense ratio.
Dividends
JOBX vs. TSLQ - Dividend Comparison
JOBX has not paid dividends to shareholders, while TSLQ's dividend yield for the trailing twelve months is around 11.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JOBX Tradr 2X Long JOBY Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSLQ Tradr 2X Short TSLA Daily ETF | 11.30% | 10.56% | 4.95% | 13.35% | 2.56% |
Frequently Asked Questions
JOBX and TSLQ have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
TSLQ is cheaper with a 1.17% expense ratio, compared with 1.30% for JOBX.
TSLQ has the higher dividend yield at 11.30%, compared with 0.00% for JOBX.
JOBX is categorized as Leveraged Equities, while TSLQ is Inverse Equities. Their fees differ too: 1.30% for JOBX and 1.17% for TSLQ.
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