TSLI.L vs. FEPG.L

Last updated Jul 21, 2026

TSLI.L (IncomeShares Tesla TSLA Options ETP) and FEPG.L (REX Tech Innovation Premium Income UCITS ETF) are both Derivative Income funds. Both are actively managed. At a 0.38 correlation, their price movements are largely independent. TSLI.L charges 0.55%/yr vs 0.65%/yr for FEPG.L.

Performance

TSLI.L vs. FEPG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Tesla TSLA Options ETP (TSLI.L) and REX Tech Innovation Premium Income UCITS ETF (FEPG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSLI.L achieves a -26.31% return, which is significantly lower than FEPG.L's -3.44% return.

TSLI.L

• 1D: 0.00%
• 1M: -6.45%
• 6M: -24.19%
• YTD: -26.31%
• 1Y: -2.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.47%

FEPG.L

• 1D: 0.00%
• 1M: -5.73%
• 6M: 0.07%
• YTD: -3.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

TSLI.L vs. FEPG.L - Yearly Performance Comparison

	2026 (YTD)	2025
TSLI.L IncomeShares Tesla TSLA Options ETP	-26.31%	32.88%
FEPG.L REX Tech Innovation Premium Income UCITS ETF	-3.44%	8.72%

Correlation

The correlation between TSLI.L and FEPG.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 28, 2025	0.38

Return for Risk

TSLI.L vs. FEPG.L — Risk / Return Rank

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

TSLI.L

TSLI.L Risk / Return Rank: 10
TSLI.L Sharpe Ratio Rank: 10
TSLI.L Sortino Ratio Rank: 10
TSLI.L Omega Ratio Rank: 10
TSLI.L Calmar Ratio Rank: 9
TSLI.L Martin Ratio Rank: 10

FEPG.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

TSLI.L vs. FEPG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Tesla TSLA Options ETP (TSLI.L) and REX Tech Innovation Premium Income UCITS ETF (FEPG.L). 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.

	TSLI.L	FEPG.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.07	—	—
Sortino ratio: Return per unit of downside risk	0.16	—	—
Omega ratio: Gain probability vs. loss probability	1.02	—	—
Calmar ratio: Return relative to maximum drawdown	-0.08	—	—
Martin ratio: Return relative to average drawdown	-0.16	—	—

Drawdowns

TSLI.L vs. FEPG.L - Drawdown Comparison

The maximum TSLI.L drawdown since its inception was -41.20%, which is greater than FEPG.L's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for TSLI.L and FEPG.L.

Drawdown Indicators

	TSLI.L	FEPG.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.20%	-35.75%	-5.45%
Max Drawdown (1Y) Largest decline over 1 year	-33.69%	—	—
Current Drawdown Current decline from peak	-30.91%	-28.16%	-2.75%
Average Drawdown Average peak-to-trough decline	-15.10%	-20.83%	+5.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.41%	—	—

Volatility

Volatility by Period

	TSLI.L	FEPG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.98%	45.69%	-7.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.08%	45.69%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.08%	45.69%	-1.61%

TSLI.L vs. FEPG.L - Expense Ratio Comparison

TSLI.L has a 0.55% expense ratio, which is lower than FEPG.L's 0.65% expense ratio.

Dividends

TSLI.L vs. FEPG.L - Dividend Comparison

TSLI.L's dividend yield for the trailing twelve months is around 33.99%, more than FEPG.L's 27.80% yield.

Position	TTM	2025	2024
FEPG.L REX Tech Innovation Premium Income UCITS ETF	27.80%	11.50%	0.00%
TSLI.L IncomeShares Tesla TSLA Options ETP	33.99%	55.94%	5.04%

Frequently Asked Questions

Can I hold both TSLI.L and FEPG.L in my portfolio?

TSLI.L and FEPG.L have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSLI.L or FEPG.L?

On fees, TSLI.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLI.L or FEPG.L?

TSLI.L is cheaper with a 0.55% expense ratio, compared with 0.65% for FEPG.L.

What is the main difference between TSLI.L and FEPG.L?

They also come from different issuers: Leverage Shares and HANetf. Their fees differ too: 0.55% for TSLI.L and 0.65% for FEPG.L.