LEUX vs. TSLQ

Last updated Jul 11, 2026

LEUX (Tradr 2X Long LEU Daily ETF) and TSLQ (Tradr 2X Short TSLA Daily ETF) are both exchange-traded funds - LEUX is a Leveraged Equities fund tracking the Centrus Energy Corp. (LEU), while TSLQ is a Inverse Equities fund actively managed by Tradr. LEUX is passively managed, while TSLQ is actively managed. At a correlation of -0.44, they often move in opposite directions. LEUX charges 1.49%/yr vs 1.17%/yr for TSLQ.

Performance

LEUX vs. TSLQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long LEU Daily ETF (LEUX) and Tradr 2X Short TSLA Daily ETF (TSLQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LEUX

• 1D: -3.79%
• 1M: 4.90%
• 6M: —
• YTD: —
• 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*: —

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

LEUX vs. TSLQ - Yearly Performance Comparison

	2026 (YTD)
LEUX Tradr 2X Long LEU Daily ETF	-49.84%
TSLQ Tradr 2X Short TSLA Daily ETF	-18.48%

Correlation

The correlation between LEUX and TSLQ is -0.44, 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 19, 2026	-0.44

Return for Risk

LEUX vs. TSLQ — Risk / Return Rank

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

LEUX

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

TSLQ

TSLQ Risk / Return Rank: 3
TSLQ Sharpe Ratio Rank: 3
TSLQ Sortino Ratio Rank: 3
TSLQ Omega Ratio Rank: 4
TSLQ Calmar Ratio Rank: 1
TSLQ 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.

LEUX vs. TSLQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LEU Daily ETF (LEUX) 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.

	LEUX	TSLQ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.74	—
Sortino ratio: Return per unit of downside risk	—	-1.03	—
Omega ratio: Gain probability vs. loss probability	—	0.89	—
Calmar ratio: Return relative to maximum drawdown	—	-0.95	—
Martin ratio: Return relative to average drawdown	—	-1.21	—

Drawdowns

LEUX vs. TSLQ - Drawdown Comparison

The maximum LEUX drawdown since its inception was -63.07%, smaller than the maximum TSLQ drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for LEUX and TSLQ.

Drawdown Indicators

	LEUX	TSLQ	Difference
Max Drawdown Largest peak-to-trough decline	-63.07%	-98.73%	+35.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-69.32%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-97.85%	—
Current Drawdown Current decline from peak	-52.53%	-98.61%	+46.08%
Average Drawdown Average peak-to-trough decline	-28.59%	-67.98%	+39.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	54.24%	—

Volatility

Volatility by Period

	LEUX	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	159.04%	89.76%	+69.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	159.04%	94.89%	+64.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	159.04%	94.89%	+64.15%

LEUX vs. TSLQ - Expense Ratio Comparison

LEUX has a 1.49% expense ratio, which is higher than TSLQ's 1.17% expense ratio.

Dividends

LEUX vs. TSLQ - Dividend Comparison

LEUX 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
LEUX Tradr 2X Long LEU 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

Can I hold both LEUX and TSLQ in my portfolio?

LEUX and TSLQ have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LEUX or TSLQ?

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.

Which ETF is cheaper, LEUX or TSLQ?

TSLQ is cheaper with a 1.17% expense ratio, compared with 1.49% for LEUX.

Which ETF pays a higher dividend yield, LEUX or TSLQ?

TSLQ has the higher dividend yield at 11.30%, compared with 0.00% for LEUX.

What is the main difference between LEUX and TSLQ?

LEUX is categorized as Leveraged Equities, while TSLQ is Inverse Equities. Their fees differ too: 1.49% for LEUX and 1.17% for TSLQ.