RBLU vs. TSLZ

Last updated Aug 4, 2026

RBLU (T-Rex 2X Long RBLX Daily Target ETF) and TSLZ (T-Rex 2X Inverse Tesla Daily Target ETF) are both exchange-traded funds - RBLU is a Leveraged Equities fund tracking the Roblox Corp. Class A (RBLX), while TSLZ is a Inverse Equities fund actively managed by T-Rex. RBLU is passively managed, while TSLZ is actively managed. Over the past year, RBLU returned -96.05% vs -51.91% for TSLZ. Their -0.33 correlation means they have often moved in opposite directions in the past. Both charge a 1.05% expense ratio.

Performance

RBLU vs. TSLZ - Performance Comparison

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

Returns By Period

In the year-to-date period, RBLU achieves a -88.47% return, which is significantly lower than TSLZ's 35.10% return.

RBLU

• 1D: 6.33%
• 1M: -63.24%
• 6M: -82.19%
• YTD: -88.47%
• 1Y: -96.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -74.71%

TSLZ

• 1D: -7.07%
• 1M: 34.14%
• 6M: 23.12%
• YTD: 35.10%
• 1Y: -51.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -72.47%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RBLU T-Rex 2X Long RBLX Daily Target ETF	$3.87M	$2.37M	$2.31M
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	$39.25M	$32.96M	$42.59M

RBLU vs. TSLZ - Yearly Performance Comparison

	2026 (YTD)	2025
RBLU T-Rex 2X Long RBLX Daily Target ETF	-88.47%	23.90%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	35.10%	-86.01%

Correlation

The correlation between RBLU and TSLZ is -0.27, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.27
Correlation (All Time) Calculated using the full available price history since Mar 4, 2025	-0.33

Return for Risk

RBLU vs. TSLZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RBLU

RBLU Risk / Return Rank: 1
RBLU Sharpe Ratio Rank: 3
RBLU Sortino Ratio Rank: 1
RBLU Omega Ratio Rank: 0
RBLU Calmar Ratio Rank: 0
RBLU Martin Ratio Rank: 2

TSLZ

TSLZ Risk / Return Rank: 5
TSLZ Sharpe Ratio Rank: 5
TSLZ Sortino Ratio Rank: 6
TSLZ Omega Ratio Rank: 6
TSLZ Calmar Ratio Rank: 3
TSLZ Martin Ratio Rank: 5

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RBLU vs. TSLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long RBLX Daily Target ETF (RBLU) 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.

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.

	RBLU	TSLZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.71	-0.57	-0.14
Sortino ratio: Return per unit of downside risk	-2.00	-0.49	-1.51
Omega ratio: Gain probability vs. loss probability	0.74	0.95	-0.21
Calmar ratio: Return relative to maximum drawdown	-0.99	-0.76	-0.23
Martin ratio: Return relative to average drawdown	-1.34	-0.94	-0.40

RBLU vs. TSLZ - Sharpe Ratio Comparison

The current RBLU Sharpe Ratio is -0.71, which is comparable to the TSLZ Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of RBLU and TSLZ, 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

RBLU vs. TSLZ - Drawdown Comparison

The maximum RBLU drawdown since its inception was -96.97%, roughly equal to the maximum TSLZ drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for RBLU and TSLZ.

Drawdown Indicators

	RBLU	TSLZ	Difference
Max Drawdown Largest peak-to-trough decline	-96.97%	-99.11%	+2.14%
Max Drawdown (1Y) Largest decline over 1 year	-96.92%	-68.61%	-28.31%
Current Drawdown Current decline from peak	-96.78%	-98.58%	+1.80%
Average Drawdown Average peak-to-trough decline	-48.52%	-76.63%	+28.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.70%	56.73%	+14.97%

Volatility

RBLU vs. TSLZ - Volatility Comparison

T-Rex 2X Long RBLX Daily Target ETF (RBLU) has a higher volatility of 82.34% compared to T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) at 36.30%. This indicates that RBLU's price experiences larger fluctuations and is considered to be riskier than TSLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RBLU	TSLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	82.34%	36.30%	+46.04%
Volatility (6M) Calculated over the trailing 6-month period	126.24%	67.43%	+58.81%
Volatility (1Y) Calculated over the trailing 1-year period	135.50%	91.90%	+43.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.71%	117.66%	+10.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	127.71%	117.66%	+10.05%

RBLU vs. TSLZ - Expense Ratio Comparison

Both RBLU and TSLZ have an expense ratio of 1.05%.

Dividends

RBLU vs. TSLZ - Dividend Comparison

RBLU's dividend yield for the trailing twelve months is around 11.23%, more than TSLZ's 0.51% yield.

Position	TTM	2025	2024	2023
RBLU T-Rex 2X Long RBLX Daily Target ETF	11.23%	1.29%	0.00%	0.00%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.51%	0.69%	2.08%	12.15%

Frequently Asked Questions

Can I hold both RBLU and TSLZ in my portfolio?

RBLU and TSLZ have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RBLU or TSLZ?

RBLU has higher volatility (82.34%) compared to TSLZ (36.30%). In terms of maximum drawdown, RBLU dropped -96.97% vs TSLZ's -99.11%.

Which ETF is better, RBLU or TSLZ?

On 1-year performance, TSLZ leads with -51.91% vs -96.05% for RBLU. Both ETFs have the same 1.05% expense ratio. On volatility, TSLZ has been the lower-risk option at 36.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RBLU or TSLZ?

Over the 1-year period, TSLZ has performed better with a -51.91% return vs -96.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RBLU or TSLZ?

RBLU and TSLZ have the same expense ratio: 1.05% per year.

Which ETF pays a higher dividend yield, RBLU or TSLZ?

RBLU has the higher dividend yield at 11.23%, compared with 0.51% for TSLZ.

What is the main difference between RBLU and TSLZ?

RBLU is categorized as Leveraged Equities, while TSLZ is Inverse Equities.

Which has better risk-adjusted returns?

TSLZ currently has the higher Sharpe Ratio (-0.57 vs -0.71), 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.