LAES vs. TSLR

Last updated Jun 13, 2026

LAES (SEALSQ Corp) is a stock, while TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, LAES returned -27.06% vs 19.41% for TSLR. At a 0.25 correlation, their price movements are largely independent.

Performance

LAES vs. TSLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEALSQ Corp (LAES) and GraniteShares 2x Long TSLA Daily ETF (TSLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LAES achieves a -17.99% return, which is significantly higher than TSLR's -27.58% return.

LAES

• 1D: -3.13%
• 1M: 4.73%
• YTD: -17.99%
• 6M: -26.89%
• 1Y: -27.06%
• 3Y*: -33.31%
• 5Y*: —
• 10Y*: —

TSLR

• 1D: 3.62%
• 1M: -19.09%
• YTD: -27.58%
• 6M: -31.37%
• 1Y: 19.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LAES vs. TSLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LAES SEALSQ Corp	-17.99%	-38.54%	380.47%	-80.49%
TSLR GraniteShares 2x Long TSLA Daily ETF	-27.58%	-25.97%	67.57%	1.69%

Correlation

The correlation between LAES and TSLR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023	0.25

Return for Risk

LAES vs. TSLR — Risk / Return Rank

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

LAES

LAES Risk / Return Rank: 35
LAES Sharpe Ratio Rank: 32
LAES Sortino Ratio Rank: 41
LAES Omega Ratio Rank: 40
LAES Calmar Ratio Rank: 31
LAES Martin Ratio Rank: 32

TSLR

TSLR Risk / Return Rank: 16
TSLR Sharpe Ratio Rank: 13
TSLR Sortino Ratio Rank: 20
TSLR Omega Ratio Rank: 18
TSLR Calmar Ratio Rank: 14
TSLR Martin Ratio Rank: 13

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.

LAES vs. TSLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEALSQ Corp (LAES) and GraniteShares 2x Long TSLA Daily ETF (TSLR). 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.

	LAES	TSLR	Difference
Sharpe ratio: Return per unit of total volatility	-0.25	0.22	-0.47
Sortino ratio: Return per unit of downside risk	0.38	0.94	-0.56
Omega ratio: Gain probability vs. loss probability	1.04	1.11	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.37	0.36	-0.73
Martin ratio: Return relative to average drawdown	-0.62	0.73	-1.35

LAES vs. TSLR - Sharpe Ratio Comparison

The current LAES Sharpe Ratio is -0.25, which is lower than the TSLR Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of LAES and TSLR, 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

LAES vs. TSLR - Drawdown Comparison

The maximum LAES drawdown since its inception was -98.44%, which is greater than TSLR's maximum drawdown of -82.80%. Use the drawdown chart below to compare losses from any high point for LAES and TSLR.

Drawdown Indicators

	LAES	TSLR	Difference
Max Drawdown Largest peak-to-trough decline	-98.44%	-82.80%	-15.64%
Max Drawdown (1Y) Largest decline over 1 year	-72.68%	-54.37%	-18.31%
Max Drawdown (3Y) Largest decline over 3 years	-98.07%	—	—
Current Drawdown Current decline from peak	-85.89%	-62.94%	-22.95%
Average Drawdown Average peak-to-trough decline	-84.60%	-50.31%	-34.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.58%	26.72%	+16.86%

Volatility

LAES vs. TSLR - Volatility Comparison

SEALSQ Corp (LAES) and GraniteShares 2x Long TSLA Daily ETF (TSLR) have volatilities of 28.38% and 28.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LAES	TSLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.38%	28.92%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	66.23%	57.66%	+8.57%
Volatility (1Y) Calculated over the trailing 1-year period	109.13%	89.10%	+20.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	170.29%	115.61%	+54.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	170.29%	115.61%	+54.68%

Dividends

LAES vs. TSLR - Dividend Comparison

Neither LAES nor TSLR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LAES and TSLR in my portfolio?

LAES and TSLR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LAES or TSLR?

TSLR has higher volatility (28.92%) compared to LAES (28.38%). In terms of maximum drawdown, LAES dropped -98.44% vs TSLR's -82.80%.

Which has better risk-adjusted returns?

TSLR currently has the higher Sharpe Ratio (0.22 vs -0.25), 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.