TSDD vs. TSLZ

The year-to-date returns for both stocks are quite close, with TSDD having a -29.08% return and TSLZ slightly lower at -30.52%.

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

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Short TSLA Daily ETF (TSDD) 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.

The current TSDD Sharpe Ratio is -0.65, which is comparable to the TSLZ Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of TSDD and TSLZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

TSDD has not paid dividends to shareholders, while TSLZ's dividend yield for the trailing twelve months is around 3.01%.

The maximum TSDD drawdown since its inception was -96.77%, roughly equal to the maximum TSLZ drawdown of -96.96%. Use the drawdown chart below to compare losses from any high point for TSDD and TSLZ. For additional features, visit the drawdowns tool.

GraniteShares 2x Short TSLA Daily ETF (TSDD) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) have volatilities of 37.28% and 37.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.