TSDD vs. YANG

In the year-to-date period, TSDD achieves a -9.20% return, which is significantly higher than YANG's -44.95% return.

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TSDD has a 1.50% expense ratio, which is higher than YANG's 1.07% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Short TSLA Daily ETF (TSDD) and Direxion Daily China 3x Bear Shares (YANG). 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 YANG Sharpe Ratio of -0.70. The chart below compares the historical Sharpe Ratios of TSDD and YANG, 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 YANG's dividend yield for the trailing twelve months is around 12.88%.

The maximum TSDD drawdown since its inception was -96.59%, roughly equal to the maximum YANG drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for TSDD and YANG. For additional features, visit the drawdowns tool.

GraniteShares 2x Short TSLA Daily ETF (TSDD) has a higher volatility of 37.25% compared to Direxion Daily China 3x Bear Shares (YANG) at 22.57%. This indicates that TSDD's price experiences larger fluctuations and is considered to be riskier than YANG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.