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

Performance

TSLL vs. TSLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily TSLA Bull 1.5X Shares (TSLL) and GraniteShares 2x Long TSLA Daily ETF (TSLR). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JuneJulyAugustSeptemberOctoberNovember
193.62%
197.37%
TSLL
TSLR

Returns By Period

In the year-to-date period, TSLL achieves a 51.16% return, which is significantly higher than TSLR's 26.73% return.


TSLL

YTD

51.16%

1M

123.23%

6M

172.44%

1Y

56.54%

5Y (annualized)

N/A

10Y (annualized)

N/A

TSLR

YTD

26.73%

1M

124.35%

6M

176.03%

1Y

31.31%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


TSLLTSLR
Sharpe Ratio0.530.30
Sortino Ratio1.641.38
Omega Ratio1.201.17
Calmar Ratio0.780.48
Martin Ratio1.680.82
Ulcer Index36.82%44.59%
Daily Std Dev117.42%122.11%
Max Drawdown-81.21%-76.58%
Current Drawdown-16.36%-5.95%

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TSLL vs. TSLR - Expense Ratio Comparison

TSLL has a 1.08% expense ratio, which is lower than TSLR's 1.50% expense ratio.


TSLR
GraniteShares 2x Long TSLA Daily ETF
Expense ratio chart for TSLR: current value at 1.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.50%
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%

Correlation

-0.50.00.51.01.0

The correlation between TSLL and TSLR 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.

Risk-Adjusted Performance

TSLL vs. TSLR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 1.5X Shares (TSLL) and GraniteShares 2x Long TSLA Daily ETF (TSLR). 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 0.53, compared to the broader market0.002.004.000.530.30
The chart of Sortino ratio for TSLL, currently valued at 1.64, compared to the broader market-2.000.002.004.006.008.0010.0012.001.641.38
The chart of Omega ratio for TSLL, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.17
The chart of Calmar ratio for TSLL, currently valued at 0.88, compared to the broader market0.005.0010.0015.000.880.48
The chart of Martin ratio for TSLL, currently valued at 1.68, compared to the broader market0.0020.0040.0060.0080.00100.001.680.82
TSLL
TSLR

The current TSLL Sharpe Ratio is 0.53, which is higher than the TSLR Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of TSLL and TSLR, 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-0.500.000.501.00Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
0.53
0.30
TSLL
TSLR

Dividends

TSLL vs. TSLR - Dividend Comparison

TSLL's dividend yield for the trailing twelve months is around 3.02%, while TSLR has not paid dividends to shareholders.


TTM20232022
TSLL
Direxion Daily TSLA Bull 1.5X Shares
3.02%4.43%1.58%
TSLR
GraniteShares 2x Long TSLA Daily ETF
0.00%0.00%0.00%

Drawdowns

TSLL vs. TSLR - Drawdown Comparison

The maximum TSLL drawdown since its inception was -81.21%, which is greater than TSLR's maximum drawdown of -76.58%. Use the drawdown chart below to compare losses from any high point for TSLL and TSLR. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.04%
-5.95%
TSLL
TSLR

Volatility

TSLL vs. TSLR - Volatility Comparison

Direxion Daily TSLA Bull 1.5X Shares (TSLL) and GraniteShares 2x Long TSLA Daily ETF (TSLR) have volatilities of 55.09% and 55.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
55.09%
55.22%
TSLL
TSLR