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

Key characteristics


TSLLTQQQ
YTD Return40.93%63.76%
1Y Return62.73%106.42%
Sharpe Ratio0.632.03
Sortino Ratio1.742.40
Omega Ratio1.211.33
Calmar Ratio0.911.95
Martin Ratio1.998.43
Ulcer Index36.77%12.40%
Daily Std Dev116.77%51.63%
Max Drawdown-81.21%-81.66%
Current Drawdown-22.02%-4.17%

Correlation

-0.50.00.51.00.6

The correlation between TSLL and TQQQ is 0.58, 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. TQQQ - Performance Comparison

In the year-to-date period, TSLL achieves a 40.93% return, which is significantly lower than TQQQ's 63.76% 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
170.14%
30.34%
TSLL
TQQQ

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TSLL vs. TQQQ - Expense Ratio Comparison

TSLL has a 1.08% expense ratio, which is higher than TQQQ'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 TQQQ: 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. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 1.5X Shares (TSLL) and ProShares UltraPro QQQ (TQQQ). 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 0.63, compared to the broader market-2.000.002.004.006.000.63
Sortino ratio
The chart of Sortino ratio for TSLL, currently valued at 1.74, compared to the broader market-2.000.002.004.006.008.0010.0012.001.74
Omega ratio
The chart of Omega ratio for TSLL, currently valued at 1.21, compared to the broader market1.001.502.002.503.001.21
Calmar ratio
The chart of Calmar ratio for TSLL, currently valued at 0.91, compared to the broader market0.005.0010.0015.000.91
Martin ratio
The chart of Martin ratio for TSLL, currently valued at 1.99, compared to the broader market0.0020.0040.0060.0080.00100.00120.001.99
TQQQ
Sharpe ratio
The chart of Sharpe ratio for TQQQ, currently valued at 2.03, compared to the broader market-2.000.002.004.006.002.03
Sortino ratio
The chart of Sortino ratio for TQQQ, currently valued at 2.40, compared to the broader market-2.000.002.004.006.008.0010.0012.002.40
Omega ratio
The chart of Omega ratio for TQQQ, currently valued at 1.33, compared to the broader market1.001.502.002.503.001.33
Calmar ratio
The chart of Calmar ratio for TQQQ, currently valued at 2.80, compared to the broader market0.005.0010.0015.002.80
Martin ratio
The chart of Martin ratio for TQQQ, currently valued at 8.43, compared to the broader market0.0020.0040.0060.0080.00100.00120.008.43

TSLL vs. TQQQ - Sharpe Ratio Comparison

The current TSLL Sharpe Ratio is 0.63, which is lower than the TQQQ Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of TSLL and TQQQ, 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
0.63
2.03
TSLL
TQQQ

Dividends

TSLL vs. TQQQ - Dividend Comparison

TSLL's dividend yield for the trailing twelve months is around 3.24%, more than TQQQ's 1.16% yield.


TTM2023202220212020201920182017201620152014
TSLL
Direxion Daily TSLA Bull 1.5X Shares
3.24%4.43%1.58%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.16%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

TSLL vs. TQQQ - Drawdown Comparison

The maximum TSLL drawdown since its inception was -81.21%, roughly equal to the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for TSLL and TQQQ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-22.02%
-2.96%
TSLL
TQQQ

Volatility

TSLL vs. TQQQ - Volatility Comparison

Direxion Daily TSLA Bull 1.5X Shares (TSLL) has a higher volatility of 52.64% compared to ProShares UltraPro QQQ (TQQQ) at 15.36%. This indicates that TSLL's price experiences larger fluctuations and is considered to be riskier than TQQQ 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
52.64%
15.36%
TSLL
TQQQ