PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TSLL vs. TSLT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TSLL vs. TSLT - Performance Comparison

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

0.00%50.00%100.00%150.00%200.00%JuneJulyAugustSeptemberOctoberNovember
172.43%
167.22%
TSLL
TSLT

Returns By Period

In the year-to-date period, TSLL achieves a 51.16% return, which is significantly higher than TSLT's 17.13% return.


TSLL

YTD

51.16%

1M

123.23%

6M

172.44%

1Y

56.54%

5Y (annualized)

N/A

10Y (annualized)

N/A

TSLT

YTD

17.13%

1M

122.76%

6M

167.22%

1Y

21.33%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


TSLLTSLT
Sharpe Ratio0.530.22
Sortino Ratio1.641.28
Omega Ratio1.201.15
Calmar Ratio0.780.36
Martin Ratio1.680.57
Ulcer Index36.82%47.29%
Daily Std Dev117.42%122.32%
Max Drawdown-81.21%-73.98%
Current Drawdown-16.36%-6.16%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TSLL vs. TSLT - Expense Ratio Comparison

TSLL has a 1.08% expense ratio, which is higher than TSLT's 1.05% 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 TSLT: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%

Correlation

-0.50.00.51.01.0

The correlation between TSLL and TSLT 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. TSLT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 1.5X Shares (TSLL) and T-Rex 2X Long Tesla Daily Target ETF (TSLT). 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 market0.002.004.000.530.22
The chart of Sortino ratio for TSLL, currently valued at 1.64, compared to the broader market-2.000.002.004.006.008.0010.0012.001.641.28
The chart of Omega ratio for TSLL, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.15
The chart of Calmar ratio for TSLL, currently valued at 0.94, compared to the broader market0.005.0010.0015.000.940.36
The chart of Martin ratio for TSLL, currently valued at 1.68, compared to the broader market0.0020.0040.0060.0080.00100.001.680.57
TSLL
TSLT

The current TSLL Sharpe Ratio is 0.53, which is higher than the TSLT Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of TSLL and TSLT, 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-0.40-0.200.000.200.400.600.80Thu 24Sat 26Mon 28Wed 30NovemberNov 03Tue 05Thu 07Sat 09Mon 11Wed 13Fri 15Nov 17Tue 19
0.53
0.22
TSLL
TSLT

Dividends

TSLL vs. TSLT - Dividend Comparison

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


TTM20232022
TSLL
Direxion Daily TSLA Bull 1.5X Shares
3.02%4.43%1.58%
TSLT
T-Rex 2X Long Tesla Daily Target ETF
0.00%0.00%0.00%

Drawdowns

TSLL vs. TSLT - Drawdown Comparison

The maximum TSLL drawdown since its inception was -81.21%, which is greater than TSLT's maximum drawdown of -73.98%. Use the drawdown chart below to compare losses from any high point for TSLL and TSLT. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.04%
-6.16%
TSLL
TSLT

Volatility

TSLL vs. TSLT - Volatility Comparison

Direxion Daily TSLA Bull 1.5X Shares (TSLL) and T-Rex 2X Long Tesla Daily Target ETF (TSLT) have volatilities of 55.09% and 55.33%, 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%
55.33%
TSLL
TSLT