PLTZ vs. TSLZ

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Daily Target 2X Short PLTR ETF (PLTZ) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ).

PLTZ and TSLZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTZ is an actively managed fund by Defiance. It was launched on Jun 5, 2025. TSLZ is an actively managed fund by T-Rex. It was launched on Oct 18, 2023.

Performance

PLTZ vs. TSLZ - Performance Comparison

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

PLTZ vs. TSLZ - Yearly Performance Comparison

	2026 (YTD)	2025
PLTZ Defiance Daily Target 2X Short PLTR ETF	17.95%	-64.39%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	33.84%	-70.32%

Returns By Period

In the year-to-date period, PLTZ achieves a 17.95% return, which is significantly lower than TSLZ's 33.84% return.

PLTZ

• 1D: -12.66%
• 1M: -18.37%
• YTD: 17.95%
• 6M: 2.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLZ

• 1D: -9.26%
• 1M: 13.19%
• YTD: 33.84%
• 6M: 11.47%
• 1Y: -80.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTZ vs. TSLZ - Expense Ratio Comparison

PLTZ has a 1.29% expense ratio, which is higher than TSLZ's 1.05% expense ratio.

PLTZ

Defiance Daily Target 2X Short PLTR ETF

TSLZ

T-Rex 2X Inverse Tesla Daily Target ETF

Return for Risk

PLTZ vs. TSLZ — Risk / Return Rank

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

TSLZ

TSLZ Risk / Return Rank: 2
TSLZ Sharpe Ratio Rank: 2
TSLZ Sortino Ratio Rank: 1
TSLZ Omega Ratio Rank: 1
TSLZ Calmar Ratio Rank: 0
TSLZ Martin Ratio Rank: 4

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.

PLTZ vs. TSLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short PLTR ETF (PLTZ) 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.

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

Sharpe Ratios by Period

	PLTZ	TSLZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.67	-0.65	-0.01

Correlation

The correlation between PLTZ and TSLZ is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PLTZ vs. TSLZ - Dividend Comparison

PLTZ has not paid dividends to shareholders, while TSLZ's dividend yield for the trailing twelve months is around 0.51%.

	TTM	2025	2024	2023
PLTZ Defiance Daily Target 2X Short PLTR ETF	0.00%	0.00%	0.00%	0.00%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.51%	0.69%	2.08%	12.15%

Drawdowns

PLTZ vs. TSLZ - Drawdown Comparison

The maximum PLTZ drawdown since its inception was -69.95%, smaller than the maximum TSLZ drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for PLTZ and TSLZ.

Drawdown Indicators

	PLTZ	TSLZ	Difference
Max Drawdown Largest peak-to-trough decline	-69.95%	-99.11%	+29.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-90.53%	—
Current Drawdown Current decline from peak	-58.00%	-98.59%	+40.59%
Average Drawdown Average peak-to-trough decline	-50.80%	-73.67%	+22.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	77.94%	—

Volatility

Volatility by Period

	PLTZ	TSLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	58.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	99.11%	110.01%	-10.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	99.11%	119.13%	-20.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	99.11%	119.13%	-20.02%