TSLL vs. TSLA
Compare and contrast key facts about Direxion Daily TSLA Bull 1.5X Shares (TSLL) and Tesla, Inc. (TSLA).
TSLL is an actively managed fund by Direxion. It was launched on Jun 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLL or TSLA.
Key characteristics
| TSLL | TSLA | |
|---|---|---|
| YTD Return | 42.44% | 32.90% |
| 1Y Return | 50.68% | 39.10% |
| Sharpe Ratio | 0.55 | 0.78 |
| Sortino Ratio | 1.67 | 1.55 |
| Omega Ratio | 1.20 | 1.19 |
| Calmar Ratio | 0.81 | 0.73 |
| Martin Ratio | 1.75 | 2.08 |
| Ulcer Index | 36.78% | 22.86% |
| Daily Std Dev | 116.62% | 61.06% |
| Max Drawdown | -81.21% | -73.63% |
| Current Drawdown | -21.19% | -19.45% |
Correlation
The correlation between TSLL and TSLA is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TSLL vs. TSLA - Performance Comparison
In the year-to-date period, TSLL achieves a 42.44% return, which is significantly higher than TSLA's 32.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TSLL vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 1.5X Shares (TSLL) and Tesla, Inc. (TSLA). 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.
Dividends
TSLL vs. TSLA - Dividend Comparison
TSLL's dividend yield for the trailing twelve months is around 3.21%, while TSLA has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
TSLL Direxion Daily TSLA Bull 1.5X Shares | 3.21% | 4.43% | 1.58% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
TSLL vs. TSLA - Drawdown Comparison
The maximum TSLL drawdown since its inception was -81.21%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for TSLL and TSLA. For additional features, visit the drawdowns tool.
Volatility
TSLL vs. TSLA - Volatility Comparison
Direxion Daily TSLA Bull 1.5X Shares (TSLL) has a higher volatility of 52.60% compared to Tesla, Inc. (TSLA) at 27.86%. This indicates that TSLL's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.