SNDU vs. TSLZ

Last updated Jun 4, 2026

SNDU (T-REX 2X Long SNDK Daily Target ETF) and TSLZ (T-Rex 2X Inverse Tesla Daily Target ETF) are both exchange-traded funds - SNDU is a Leveraged Equities fund tracking the SanDisk Corporation (SNDK), while TSLZ is a Inverse Equities fund actively managed by T-Rex. SNDU is passively managed, while TSLZ is actively managed. At a correlation of -0.16, they often move in opposite directions. SNDU charges 1.50%/yr vs 1.05%/yr for TSLZ.

Performance

SNDU vs. TSLZ - Performance Comparison

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

Returns By Period

SNDU

• 1D: 13.19%
• 1M: 94.94%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLZ

• 1D: -0.09%
• 1M: -17.84%
• YTD: -5.69%
• 6M: -9.62%
• 1Y: -64.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNDU vs. TSLZ - Yearly Performance Comparison

	2026 (YTD)
SNDU T-REX 2X Long SNDK Daily Target ETF	586.89%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	-22.29%

Correlation

The correlation between SNDU and TSLZ is -0.16, 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 Mar 13, 2026	-0.16

Return for Risk

SNDU 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: 3
TSLZ Sharpe Ratio Rank: 3
TSLZ Sortino Ratio Rank: 3
TSLZ Omega Ratio Rank: 3
TSLZ Calmar Ratio Rank: 2
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.

SNDU vs. TSLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long SNDK Daily Target ETF (SNDU) 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

	SNDU	TSLZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	2,725.02	-0.67	+2,725.69

Drawdowns

SNDU vs. TSLZ - Drawdown Comparison

The maximum SNDU drawdown since its inception was -46.69%, smaller than the maximum TSLZ drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for SNDU and TSLZ.

Drawdown Indicators

	SNDU	TSLZ	Difference
Max Drawdown Largest peak-to-trough decline	-46.69%	-99.11%	+52.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-76.62%	—
Current Drawdown Current decline from peak	0.00%	-99.01%	+99.01%
Average Drawdown Average peak-to-trough decline	-10.22%	-75.36%	+65.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	60.60%	—

Volatility

Volatility by Period

	SNDU	TSLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	54.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	185.48%	91.64%	+93.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	185.48%	117.04%	+68.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	185.48%	117.04%	+68.44%

SNDU vs. TSLZ - Expense Ratio Comparison

SNDU has a 1.50% expense ratio, which is higher than TSLZ's 1.05% expense ratio.

Dividends

SNDU vs. TSLZ - Dividend Comparison

SNDU has not paid dividends to shareholders, while TSLZ's dividend yield for the trailing twelve months is around 0.73%.

Position	TTM	2025	2024	2023
SNDU T-REX 2X Long SNDK Daily Target ETF	0.00%	0.00%	0.00%	0.00%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.73%	0.69%	2.08%	12.15%

Frequently Asked Questions

Can I hold both SNDU and TSLZ in my portfolio?

SNDU and TSLZ have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNDU or TSLZ?

On fees, TSLZ is cheaper at 1.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SNDU or TSLZ?

TSLZ is cheaper with a 1.05% expense ratio, compared with 1.50% for SNDU.

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

TSLZ has the higher dividend yield at 0.73%, compared with 0.00% for SNDU.

What is the main difference between SNDU and TSLZ?

SNDU is categorized as Leveraged Equities, while TSLZ is Inverse Equities. Their fees differ too: 1.50% for SNDU and 1.05% for TSLZ.