PRZO vs. TSLR
PRZO (ParaZero Technologies Ltd. Ordinary Shares) is a stock, while TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, PRZO returned -49.14% vs 19.41% for TSLR. At a 0.14 correlation, their price movements are largely independent.
Performance
PRZO vs. TSLR - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with PRZO having a -26.98% return and TSLR slightly lower at -27.58%.
PRZO
- 1D
- -3.06%
- 1M
- 7.50%
- YTD
- -26.98%
- 6M
- -52.77%
- 1Y
- -49.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLR
- 1D
- 3.62%
- 1M
- -19.09%
- YTD
- -27.58%
- 6M
- -31.37%
- 1Y
- 19.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PRZO vs. TSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PRZO ParaZero Technologies Ltd. Ordinary Shares | -26.98% | -59.85% | 185.59% | -40.27% |
TSLR GraniteShares 2x Long TSLA Daily ETF | -27.58% | -25.97% | 67.57% | 1.69% |
Correlation
The correlation between PRZO and TSLR is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023 | 0.14 |
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Return for Risk
PRZO vs. TSLR — Risk / Return Rank
PRZO
TSLR
PRZO vs. TSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ParaZero Technologies Ltd. Ordinary Shares (PRZO) 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.
| PRZO | TSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.11 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 0.36 | -1.00 |
| Martin ratioReturn relative to average drawdown | -1.16 | 0.73 | -1.89 |
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Drawdowns
PRZO vs. TSLR - Drawdown Comparison
The maximum PRZO drawdown since its inception was -88.53%, which is greater than TSLR's maximum drawdown of -82.80%. Use the drawdown chart below to compare losses from any high point for PRZO and TSLR.
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Drawdown Indicators
| PRZO | TSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.53% | -82.80% | -5.73% |
Max Drawdown (1Y)Largest decline over 1 year | -76.78% | -54.37% | -22.41% |
Current DrawdownCurrent decline from peak | -85.45% | -62.94% | -22.51% |
Average DrawdownAverage peak-to-trough decline | -74.24% | -50.31% | -23.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.41% | 26.72% | +15.69% |
Volatility
PRZO vs. TSLR - Volatility Comparison
ParaZero Technologies Ltd. Ordinary Shares (PRZO) has a higher volatility of 50.24% compared to GraniteShares 2x Long TSLA Daily ETF (TSLR) at 28.92%. This indicates that PRZO's price experiences larger fluctuations and is considered to be riskier than TSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRZO | TSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 50.24% | 28.92% | +21.32% |
Volatility (6M)Calculated over the trailing 6-month period | 91.31% | 57.66% | +33.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 117.45% | 89.10% | +28.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 174.37% | 115.61% | +58.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 174.37% | 115.61% | +58.76% |
Dividends
PRZO vs. TSLR - Dividend Comparison
Neither PRZO nor TSLR has paid dividends to shareholders.
Frequently Asked Questions
PRZO and TSLR have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRZO has higher volatility (50.24%) compared to TSLR (28.92%). In terms of maximum drawdown, PRZO dropped -88.53% vs TSLR's -82.80%.
TSLR currently has the higher Sharpe Ratio (0.22 vs -0.42), 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.
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