SEF vs. TSLQ
Compare and contrast key facts about ProShares Short Financials (SEF) and AXS TSLA Bear Daily ETF (TSLQ).
SEF and TSLQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SEF is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Financials Index (-100%). It was launched on Jun 12, 2008. TSLQ is an actively managed fund by AXS. It was launched on Jul 13, 2022.
Performance
SEF vs. TSLQ - Performance Comparison
Loading graphics...
SEF vs. TSLQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SEF ProShares Short Financials | 11.27% | -9.82% | -17.81% | -8.81% | -7.12% |
TSLQ AXS TSLA Bear Daily ETF | 35.41% | -74.67% | -83.21% | -59.97% | 63.52% |
Returns By Period
In the year-to-date period, SEF achieves a 11.27% return, which is significantly lower than TSLQ's 35.41% return.
SEF
- 1D
- -2.13%
- 1M
- 3.96%
- YTD
- 11.27%
- 6M
- 10.38%
- 1Y
- 2.76%
- 3Y*
- -10.01%
- 5Y*
- -6.70%
- 10Y*
- -11.67%
TSLQ
- 1D
- -9.13%
- 1M
- 13.74%
- YTD
- 35.41%
- 6M
- 14.08%
- 1Y
- -79.94%
- 3Y*
- -64.97%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SEF vs. TSLQ - Expense Ratio Comparison
SEF has a 0.95% expense ratio, which is lower than TSLQ's 1.15% expense ratio.
Return for Risk
SEF vs. TSLQ — Risk / Return Rank
SEF
TSLQ
SEF vs. TSLQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short Financials (SEF) and AXS TSLA Bear 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.
| SEF | TSLQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | -0.72 | +0.87 |
Sortino ratioReturn per unit of downside risk | 0.36 | -1.13 | +1.49 |
Omega ratioGain probability vs. loss probability | 1.05 | 0.86 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 0.08 | -0.88 | +0.95 |
Martin ratioReturn relative to average drawdown | 0.11 | -1.02 | +1.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SEF | TSLQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | -0.72 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.57 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.49 | -0.62 | +0.14 |
Correlation
The correlation between SEF and TSLQ is 0.34, 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
SEF vs. TSLQ - Dividend Comparison
SEF's dividend yield for the trailing twelve months is around 3.27%, less than TSLQ's 7.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SEF ProShares Short Financials | 3.27% | 4.33% | 5.72% | 4.43% | 0.39% | 0.00% | 0.12% | 1.25% | 0.41% |
TSLQ AXS TSLA Bear Daily ETF | 7.80% | 10.56% | 4.95% | 13.35% | 2.56% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SEF vs. TSLQ - Drawdown Comparison
The maximum SEF drawdown since its inception was -96.51%, roughly equal to the maximum TSLQ drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for SEF and TSLQ.
Loading graphics...
Drawdown Indicators
| SEF | TSLQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.51% | -98.73% | +2.22% |
Max Drawdown (1Y)Largest decline over 1 year | -20.21% | -90.23% | +70.02% |
Max Drawdown (5Y)Largest decline over 5 years | -41.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -75.66% | — | — |
Current DrawdownCurrent decline from peak | -96.00% | -97.98% | +1.98% |
Average DrawdownAverage peak-to-trough decline | -82.58% | -65.72% | -16.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.44% | 77.62% | -63.18% |
Volatility
SEF vs. TSLQ - Volatility Comparison
The current volatility for ProShares Short Financials (SEF) is 4.86%, while AXS TSLA Bear Daily ETF (TSLQ) has a volatility of 22.57%. This indicates that SEF experiences smaller price fluctuations and is considered to be less risky than TSLQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SEF | TSLQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.86% | 22.57% | -17.71% |
Volatility (6M)Calculated over the trailing 6-month period | 11.37% | 59.42% | -48.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.28% | 110.66% | -91.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.99% | 94.61% | -76.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.55% | 94.61% | -74.06% |