TEMT vs. TSLQ

Last updated Jul 17, 2026

TEMT (Tradr 2X Long TEM Daily ETF) and TSLQ (Tradr 2X Short TSLA Daily ETF) are both exchange-traded funds - TEMT is a Leveraged Equities fund actively managed by Tradr, while TSLQ is a Inverse Equities fund actively managed by Tradr. Both are actively managed. Over the past year, TEMT returned -55.30% vs -59.82% for TSLQ. At a correlation of -0.30, they often move in opposite directions. TEMT charges 1.30%/yr vs 1.17%/yr for TSLQ.

Performance

TEMT vs. TSLQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long TEM Daily ETF (TEMT) and Tradr 2X Short TSLA Daily ETF (TSLQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEMT achieves a -40.84% return, which is significantly lower than TSLQ's 1.43% return.

TEMT

• 1D: -13.16%
• 1M: 5.83%
• 6M: -55.76%
• YTD: -40.84%
• 1Y: -55.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLQ

• 1D: 1.66%
• 1M: -0.59%
• 6M: -2.69%
• YTD: 1.43%
• 1Y: -59.82%
• 3Y*: -63.88%
• 5Y*: —
• 10Y*: —

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

TEMT vs. TSLQ - Yearly Performance Comparison

	2026 (YTD)	2025
TEMT Tradr 2X Long TEM Daily ETF	-40.84%	-49.34%
TSLQ Tradr 2X Short TSLA Daily ETF	1.43%	-67.64%

Correlation

The correlation between TEMT and TSLQ is -0.27, 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 (1Y) Calculated over the trailing 1-year period	-0.27
Correlation (All Time) Calculated using the full available price history since May 13, 2025	-0.30

Return for Risk

TEMT vs. TSLQ — Risk / Return Rank

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

TEMT

TEMT Risk / Return Rank: 6
TEMT Sharpe Ratio Rank: 6
TEMT Sortino Ratio Rank: 9
TEMT Omega Ratio Rank: 9
TEMT Calmar Ratio Rank: 4
TEMT Martin Ratio Rank: 5

TSLQ

TSLQ Risk / Return Rank: 4
TSLQ Sharpe Ratio Rank: 4
TSLQ Sortino Ratio Rank: 4
TSLQ Omega Ratio Rank: 4
TSLQ Calmar Ratio Rank: 2
TSLQ 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.

TEMT vs. TSLQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long TEM Daily ETF (TEMT) and Tradr 2X Short TSLA 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.

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.

	TEMT	TSLQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.42	-0.67	+0.25
Sortino ratio: Return per unit of downside risk	0.04	-0.79	+0.83
Omega ratio: Gain probability vs. loss probability	1.00	0.91	+0.09
Calmar ratio: Return relative to maximum drawdown	-0.64	-0.87	+0.23
Martin ratio: Return relative to average drawdown	-0.89	-1.09	+0.21

TEMT vs. TSLQ - Sharpe Ratio Comparison

The current TEMT Sharpe Ratio is -0.42, which is higher than the TSLQ Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of TEMT and TSLQ, 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

TEMT vs. TSLQ - Drawdown Comparison

The maximum TEMT drawdown since its inception was -87.10%, smaller than the maximum TSLQ drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for TEMT and TSLQ.

Drawdown Indicators

	TEMT	TSLQ	Difference
Max Drawdown Largest peak-to-trough decline	-87.10%	-98.73%	+11.63%
Max Drawdown (1Y) Largest decline over 1 year	-87.10%	-69.32%	-17.78%
Max Drawdown (3Y) Largest decline over 3 years	—	-97.85%	—
Current Drawdown Current decline from peak	-82.70%	-98.49%	+15.79%
Average Drawdown Average peak-to-trough decline	-51.94%	-68.10%	+16.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	62.44%	54.82%	+7.62%

Volatility

TEMT vs. TSLQ - Volatility Comparison

Tradr 2X Long TEM Daily ETF (TEMT) has a higher volatility of 41.48% compared to Tradr 2X Short TSLA Daily ETF (TSLQ) at 34.22%. This indicates that TEMT's price experiences larger fluctuations and is considered to be riskier than TSLQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEMT	TSLQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.48%	34.22%	+7.26%
Volatility (6M) Calculated over the trailing 6-month period	96.29%	62.84%	+33.45%
Volatility (1Y) Calculated over the trailing 1-year period	131.64%	89.43%	+42.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	137.08%	94.77%	+42.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	137.08%	94.77%	+42.31%

TEMT vs. TSLQ - Expense Ratio Comparison

TEMT has a 1.30% expense ratio, which is higher than TSLQ's 1.17% expense ratio.

Dividends

TEMT vs. TSLQ - Dividend Comparison

TEMT's dividend yield for the trailing twelve months is around 56.80%, more than TSLQ's 10.41% yield.

Position	TTM	2025	2024	2023	2022
TEMT Tradr 2X Long TEM Daily ETF	56.80%	33.60%	0.00%	0.00%	0.00%
TSLQ Tradr 2X Short TSLA Daily ETF	10.41%	10.56%	4.95%	13.35%	2.56%

Frequently Asked Questions

Can I hold both TEMT and TSLQ in my portfolio?

TEMT and TSLQ 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, TEMT or TSLQ?

TEMT has higher volatility (41.48%) compared to TSLQ (34.22%). In terms of maximum drawdown, TEMT dropped -87.10% vs TSLQ's -98.73%.

Which ETF is better, TEMT or TSLQ?

On 1-year performance, TEMT leads with -55.30% vs -59.82% for TSLQ. On fees, TSLQ is cheaper at 1.17% per year. On volatility, TSLQ has been the lower-risk option at 34.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEMT or TSLQ?

Over the 1-year period, TEMT has performed better with a -55.30% return vs -59.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEMT or TSLQ?

TSLQ is cheaper with a 1.17% expense ratio, compared with 1.30% for TEMT.

Which ETF pays a higher dividend yield, TEMT or TSLQ?

TEMT has the higher dividend yield at 56.80%, compared with 10.41% for TSLQ.

What is the main difference between TEMT and TSLQ?

TEMT is categorized as Leveraged Equities, while TSLQ is Inverse Equities. Their fees differ too: 1.30% for TEMT and 1.17% for TSLQ.

Which has better risk-adjusted returns?

TEMT currently has the higher Sharpe Ratio (-0.42 vs -0.67), 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.