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

Performance

TSLL vs. SMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily TSLA Bull 1.5X Shares (TSLL) and VanEck Vectors Semiconductor ETF (SMH). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JuneJulyAugustSeptemberOctoberNovember
178.59%
3.21%
TSLL
SMH

Returns By Period

In the year-to-date period, TSLL achieves a 54.59% return, which is significantly higher than SMH's 39.64% return.


TSLL

YTD

54.59%

1M

124.74%

6M

159.54%

1Y

65.67%

5Y (annualized)

N/A

10Y (annualized)

N/A

SMH

YTD

39.64%

1M

-2.91%

6M

4.05%

1Y

48.97%

5Y (annualized)

33.21%

10Y (annualized)

28.11%

Key characteristics


TSLLSMH
Sharpe Ratio0.571.48
Sortino Ratio1.681.99
Omega Ratio1.201.26
Calmar Ratio0.842.06
Martin Ratio1.815.55
Ulcer Index36.82%9.21%
Daily Std Dev117.39%34.46%
Max Drawdown-81.21%-95.73%
Current Drawdown-14.46%-13.19%

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TSLL vs. SMH - Expense Ratio Comparison

TSLL has a 1.08% expense ratio, which is higher than SMH's 0.35% 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 SMH: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Correlation

-0.50.00.51.00.5

The correlation between TSLL and SMH is 0.46, 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.

Risk-Adjusted Performance

TSLL vs. SMH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 1.5X Shares (TSLL) and VanEck Vectors Semiconductor ETF (SMH). 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.


Sharpe ratio
The chart of Sharpe ratio for TSLL, currently valued at 0.57, compared to the broader market0.002.004.006.000.571.48
The chart of Sortino ratio for TSLL, currently valued at 1.68, compared to the broader market-2.000.002.004.006.008.0010.0012.001.681.99
The chart of Omega ratio for TSLL, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.26
The chart of Calmar ratio for TSLL, currently valued at 0.84, compared to the broader market0.005.0010.0015.0020.000.842.06
The chart of Martin ratio for TSLL, currently valued at 1.81, compared to the broader market0.0020.0040.0060.0080.00100.00120.001.815.55
TSLL
SMH

The current TSLL Sharpe Ratio is 0.57, which is lower than the SMH Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of TSLL and SMH, 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-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.57
1.48
TSLL
SMH

Dividends

TSLL vs. SMH - Dividend Comparison

TSLL's dividend yield for the trailing twelve months is around 2.96%, more than SMH's 0.43% yield.


TTM20232022202120202019201820172016201520142013
TSLL
Direxion Daily TSLA Bull 1.5X Shares
2.96%4.43%1.58%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SMH
VanEck Vectors Semiconductor ETF
0.43%0.60%2.37%1.02%1.38%6.00%3.75%2.85%1.61%4.28%2.31%3.11%

Drawdowns

TSLL vs. SMH - Drawdown Comparison

The maximum TSLL drawdown since its inception was -81.21%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for TSLL and SMH. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-14.46%
-13.19%
TSLL
SMH

Volatility

TSLL vs. SMH - Volatility Comparison

Direxion Daily TSLA Bull 1.5X Shares (TSLL) has a higher volatility of 54.96% compared to VanEck Vectors Semiconductor ETF (SMH) at 8.32%. This indicates that TSLL's price experiences larger fluctuations and is considered to be riskier than SMH 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%60.00%JuneJulyAugustSeptemberOctoberNovember
54.96%
8.32%
TSLL
SMH