TSL vs. AMZN
Compare and contrast key facts about GraniteShares 1.25x Long Tsla Daily ETF (TSL) and Amazon.com, Inc. (AMZN).
TSL is an actively managed fund by GraniteShares. It was launched on Aug 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSL or AMZN.
Correlation
The correlation between TSL and AMZN is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TSL vs. AMZN - Performance Comparison
Key characteristics
TSL:
1.00
AMZN:
1.08
TSL:
1.88
AMZN:
1.56
TSL:
1.22
AMZN:
1.20
TSL:
1.16
AMZN:
1.52
TSL:
4.39
AMZN:
4.80
TSL:
18.23%
AMZN:
6.17%
TSL:
80.22%
AMZN:
27.43%
TSL:
-74.52%
AMZN:
-94.40%
TSL:
-36.66%
AMZN:
-10.53%
Returns By Period
In the year-to-date period, TSL achieves a -20.92% return, which is significantly lower than AMZN's -1.28% return.
TSL
-20.92%
-23.38%
62.39%
75.99%
N/A
N/A
AMZN
-1.28%
-7.84%
22.33%
24.06%
15.67%
27.67%
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Risk-Adjusted Performance
TSL vs. AMZN — Risk-Adjusted Performance Rank
TSL
AMZN
TSL vs. AMZN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 1.25x Long Tsla Daily ETF (TSL) and Amazon.com, Inc. (AMZN). 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.
Dividends
TSL vs. AMZN - Dividend Comparison
Neither TSL nor AMZN has paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
TSL GraniteShares 1.25x Long Tsla Daily ETF | 0.00% | 0.00% | 60.47% |
AMZN Amazon.com, Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
TSL vs. AMZN - Drawdown Comparison
The maximum TSL drawdown since its inception was -74.52%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for TSL and AMZN. For additional features, visit the drawdowns tool.
Volatility
TSL vs. AMZN - Volatility Comparison
GraniteShares 1.25x Long Tsla Daily ETF (TSL) has a higher volatility of 17.20% compared to Amazon.com, Inc. (AMZN) at 7.09%. This indicates that TSL's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.