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TSLL vs. FNGU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


TSLLFNGU
YTD Return60.88%120.95%
1Y Return97.50%178.88%
Sharpe Ratio0.902.82
Sortino Ratio2.012.84
Omega Ratio1.241.38
Calmar Ratio1.303.24
Martin Ratio2.8311.71
Ulcer Index36.77%17.24%
Daily Std Dev116.28%71.25%
Max Drawdown-81.21%-92.34%
Current Drawdown-10.98%-8.04%

Correlation

-0.50.00.51.00.6

The correlation between TSLL and FNGU is 0.62, 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

TSLL vs. FNGU - Performance Comparison

In the year-to-date period, TSLL achieves a 60.88% return, which is significantly lower than FNGU's 120.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%200.00%JuneJulyAugustSeptemberOctoberNovember
215.61%
54.16%
TSLL
FNGU

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TSLL vs. FNGU - Expense Ratio Comparison

TSLL has a 1.08% expense ratio, which is higher than FNGU's 0.95% expense ratio.


TSLL
Direxion Daily TSLA Bull 1.5X Shares
Expense ratio chart for TSLL: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for FNGU: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

TSLL vs. FNGU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 1.5X Shares (TSLL) and MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU). 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.


TSLL
Sharpe ratio
The chart of Sharpe ratio for TSLL, currently valued at 0.90, compared to the broader market-2.000.002.004.006.000.90
Sortino ratio
The chart of Sortino ratio for TSLL, currently valued at 2.01, compared to the broader market0.005.0010.002.01
Omega ratio
The chart of Omega ratio for TSLL, currently valued at 1.24, compared to the broader market1.001.502.002.503.001.24
Calmar ratio
The chart of Calmar ratio for TSLL, currently valued at 1.30, compared to the broader market0.005.0010.0015.001.30
Martin ratio
The chart of Martin ratio for TSLL, currently valued at 2.83, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.83
FNGU
Sharpe ratio
The chart of Sharpe ratio for FNGU, currently valued at 2.82, compared to the broader market-2.000.002.004.006.002.82
Sortino ratio
The chart of Sortino ratio for FNGU, currently valued at 2.84, compared to the broader market0.005.0010.002.84
Omega ratio
The chart of Omega ratio for FNGU, currently valued at 1.38, compared to the broader market1.001.502.002.503.001.38
Calmar ratio
The chart of Calmar ratio for FNGU, currently valued at 4.38, compared to the broader market0.005.0010.0015.004.38
Martin ratio
The chart of Martin ratio for FNGU, currently valued at 11.71, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.71

TSLL vs. FNGU - Sharpe Ratio Comparison

The current TSLL Sharpe Ratio is 0.90, which is lower than the FNGU Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of TSLL and FNGU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.90
2.82
TSLL
FNGU

Dividends

TSLL vs. FNGU - Dividend Comparison

TSLL's dividend yield for the trailing twelve months is around 2.84%, while FNGU has not paid dividends to shareholders.


TTM20232022
TSLL
Direxion Daily TSLA Bull 1.5X Shares
2.84%4.43%1.58%
FNGU
MicroSectors FANG+™ Index 3X Leveraged ETN
0.00%0.00%0.00%

Drawdowns

TSLL vs. FNGU - Drawdown Comparison

The maximum TSLL drawdown since its inception was -81.21%, smaller than the maximum FNGU drawdown of -92.34%. Use the drawdown chart below to compare losses from any high point for TSLL and FNGU. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-10.98%
-8.04%
TSLL
FNGU

Volatility

TSLL vs. FNGU - Volatility Comparison

Direxion Daily TSLA Bull 1.5X Shares (TSLL) has a higher volatility of 49.72% compared to MicroSectors FANG+™ Index 3X Leveraged ETN (FNGU) at 19.54%. This indicates that TSLL's price experiences larger fluctuations and is considered to be riskier than FNGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
49.72%
19.54%
TSLL
FNGU