TSLI.L vs. QQQ5.L
TSLI.L (IncomeShares Tesla TSLA Options ETP) and QQQ5.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities) are both exchange-traded funds - TSLI.L is a Derivative Income fund actively managed by Leverage Shares, while QQQ5.L is a Nasdaq-100 fund tracking the Invesco QQQ Trust. TSLI.L is actively managed, while QQQ5.L is passively managed. Over the past year, TSLI.L returned 45.38% vs 229.20% for QQQ5.L. A 0.56 correlation means they provide meaningful diversification when combined. TSLI.L charges 0.55%/yr vs 0.75%/yr for QQQ5.L.
Performance
TSLI.L vs. QQQ5.L - Performance Comparison
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Returns By Period
In the year-to-date period, TSLI.L achieves a -6.35% return, which is significantly lower than QQQ5.L's 99.41% return.
TSLI.L
- 1D
- 1.36%
- 1M
- 5.02%
- YTD
- -6.35%
- 6M
- -3.38%
- 1Y
- 45.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQ5.L
- 1D
- -0.07%
- 1M
- 57.04%
- YTD
- 99.41%
- 6M
- 87.03%
- 1Y
- 229.20%
- 3Y*
- 78.56%
- 5Y*
- —
- 10Y*
- —
TSLI.L vs. QQQ5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TSLI.L IncomeShares Tesla TSLA Options ETP | -6.35% | 40.52% | 28.35% |
QQQ5.L Leverage Shares 5x Long Nasdaq 100 ETP Securities | 99.41% | 2.29% | 29.66% |
Correlation
The correlation between TSLI.L and QQQ5.L is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2024 | 0.56 |
The correlation between TSLI.L and QQQ5.L has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.
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Return for Risk
TSLI.L vs. QQQ5.L — Risk / Return Rank
TSLI.L
QQQ5.L
TSLI.L vs. QQQ5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares Tesla TSLA Options ETP (TSLI.L) and Leverage Shares 5x Long Nasdaq 100 ETP Securities (QQQ5.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.
| TSLI.L | QQQ5.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.36 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 4.00 | -2.19 |
| Martin ratioReturn relative to average drawdown | 4.60 | 11.01 | -6.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TSLI.L | QQQ5.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 2.86 | -1.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | -0.03 | +0.81 |
Drawdowns
TSLI.L vs. QQQ5.L - Drawdown Comparison
The maximum TSLI.L drawdown since its inception was -41.20%, smaller than the maximum QQQ5.L drawdown of -96.40%. Use the drawdown chart below to compare losses from any high point for TSLI.L and QQQ5.L.
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Drawdown Indicators
| TSLI.L | QQQ5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.20% | -96.40% | +55.20% |
Max Drawdown (1Y)Largest decline over 1 year | -24.94% | -56.84% | +31.90% |
Max Drawdown (3Y)Largest decline over 3 years | — | -80.09% | — |
Current DrawdownCurrent decline from peak | -12.21% | -28.91% | +16.70% |
Average DrawdownAverage peak-to-trough decline | -12.02% | -75.57% | +63.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.79% | 20.72% | -10.93% |
Volatility
TSLI.L vs. QQQ5.L - Volatility Comparison
The current volatility for IncomeShares Tesla TSLA Options ETP (TSLI.L) is 11.68%, while Leverage Shares 5x Long Nasdaq 100 ETP Securities (QQQ5.L) has a volatility of 24.25%. This indicates that TSLI.L experiences smaller price fluctuations and is considered to be less risky than QQQ5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLI.L | QQQ5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.68% | 24.25% | -12.57% |
Volatility (6M)Calculated over the trailing 6-month period | 25.22% | 58.68% | -33.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.65% | 79.84% | -42.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.15% | 106.03% | -62.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.15% | 106.03% | -62.88% |
TSLI.L vs. QQQ5.L - Expense Ratio Comparison
TSLI.L has a 0.55% expense ratio, which is lower than QQQ5.L's 0.75% expense ratio.
Dividends
TSLI.L vs. QQQ5.L - Dividend Comparison
TSLI.L's dividend yield for the trailing twelve months is around 71.61%, while QQQ5.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
QQQ5.L Leverage Shares 5x Long Nasdaq 100 ETP Securities | 0.00% | 0.00% | 0.00% |
TSLI.L IncomeShares Tesla TSLA Options ETP | 71.61% | 73.68% | 19.21% |
Frequently Asked Questions
TSLI.L and QQQ5.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
TSLI.L is cheaper with a 0.55% expense ratio, compared with 0.75% for QQQ5.L.
TSLI.L is categorized as Derivative Income, while QQQ5.L is Nasdaq-100. Their fees differ too: 0.55% for TSLI.L and 0.75% for QQQ5.L.
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