TSDD vs. MA
TSDD (GraniteShares 2x Short TSLA Daily ETF) is Inverse Equities fund actively managed by GraniteShares, while MA (Mastercard Incorporated) is a stock. Over the past year, TSDD returned -63.05% vs -12.19% for MA. At a correlation of -0.15, they often move in opposite directions.
Performance
TSDD vs. MA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TSDD achieves a -1.55% return, which is significantly higher than MA's -13.78% return.
TSDD
- 1D
- -2.06%
- 1M
- 0.66%
- YTD
- -1.55%
- 6M
- 8.10%
- 1Y
- -63.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MA
- 1D
- 0.13%
- 1M
- -0.72%
- YTD
- -13.78%
- 6M
- -13.51%
- 1Y
- -12.19%
- 3Y*
- 9.87%
- 5Y*
- 6.78%
- 10Y*
- 18.76%
TSDD vs. MA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSDD GraniteShares 2x Short TSLA Daily ETF | -1.55% | -74.84% | -89.21% | -20.49% |
MA Mastercard Incorporated | -13.78% | 9.04% | 24.17% | 8.63% |
Correlation
The correlation between TSDD and MA is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023 | -0.15 |
The correlation between TSDD and MA shifts across timeframes, from -0.15 (all time) to 0.01 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TSDD vs. MA — Risk / Return Rank
TSDD
MA
TSDD vs. MA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Short TSLA Daily ETF (TSDD) and Mastercard Incorporated (MA). 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.
| TSDD | MA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.92 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | -0.58 | -0.29 |
| Martin ratioReturn relative to average drawdown | -1.13 | -1.18 | +0.05 |
Loading charts...
Drawdowns
TSDD vs. MA - Drawdown Comparison
The maximum TSDD drawdown since its inception was -99.03%, which is greater than MA's maximum drawdown of -62.67%. Use the drawdown chart below to compare losses from any high point for TSDD and MA.
Loading charts...
Drawdown Indicators
| TSDD | MA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.03% | -62.67% | -36.36% |
Max Drawdown (1Y)Largest decline over 1 year | -72.39% | -20.91% | -51.48% |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.91% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.25% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.00% | — |
Current DrawdownCurrent decline from peak | -98.87% | -17.71% | -81.16% |
Average DrawdownAverage peak-to-trough decline | -71.42% | -9.83% | -61.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.75% | 10.38% | +45.37% |
Volatility
TSDD vs. MA - Volatility Comparison
GraniteShares 2x Short TSLA Daily ETF (TSDD) has a higher volatility of 28.08% compared to Mastercard Incorporated (MA) at 6.46%. This indicates that TSDD's price experiences larger fluctuations and is considered to be riskier than MA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TSDD | MA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.08% | 6.46% | +21.62% |
Volatility (6M)Calculated over the trailing 6-month period | 57.62% | 16.91% | +40.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.83% | 21.90% | +66.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 114.45% | 24.02% | +90.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.45% | 26.93% | +87.52% |
Dividends
TSDD vs. MA - Dividend Comparison
TSDD's dividend yield for the trailing twelve months is around 8.55%, more than MA's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | 0.66% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
TSDD GraniteShares 2x Short TSLA Daily ETF | 8.55% | 8.42% | 0.00% | 24.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TSDD and MA have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSDD has higher volatility (28.08%) compared to MA (6.46%). In terms of maximum drawdown, TSDD dropped -99.03% vs MA's -62.67%.
MA currently has the higher Sharpe Ratio (-0.56 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.
Find the right allocation for TSDD and MA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer