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

Performance

TSLL vs. TSLY - Performance Comparison

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

0.00%50.00%100.00%150.00%200.00%JuneJulyAugustSeptemberOctoberNovember
189.33%
47.95%
TSLL
TSLY

Returns By Period

In the year-to-date period, TSLL achieves a 48.94% return, which is significantly higher than TSLY's 16.40% return.


TSLL

YTD

48.94%

1M

122.07%

6M

189.35%

1Y

61.26%

5Y (annualized)

N/A

10Y (annualized)

N/A

TSLY

YTD

16.40%

1M

40.60%

6M

47.95%

1Y

29.08%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


TSLLTSLY
Sharpe Ratio0.460.57
Sortino Ratio1.571.08
Omega Ratio1.191.14
Calmar Ratio0.680.57
Martin Ratio1.471.42
Ulcer Index36.82%18.32%
Daily Std Dev117.39%45.52%
Max Drawdown-81.21%-45.63%
Current Drawdown-17.59%-3.71%

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TSLL vs. TSLY - Expense Ratio Comparison

TSLL has a 1.08% expense ratio, which is higher than TSLY's 0.99% 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 TSLY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Correlation

-0.50.00.51.01.0

The correlation between TSLL and TSLY is 0.96, 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. TSLY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bull 1.5X Shares (TSLL) and YieldMax TSLA Option Income Strategy ETF (TSLY). 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 0.46, compared to the broader market0.002.004.000.460.57
The chart of Sortino ratio for TSLL, currently valued at 1.57, compared to the broader market-2.000.002.004.006.008.0010.0012.001.571.08
The chart of Omega ratio for TSLL, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.14
The chart of Calmar ratio for TSLL, currently valued at 0.74, compared to the broader market0.005.0010.0015.000.740.57
The chart of Martin ratio for TSLL, currently valued at 1.47, compared to the broader market0.0020.0040.0060.0080.00100.001.471.42
TSLL
TSLY

The current TSLL Sharpe Ratio is 0.46, which is comparable to the TSLY Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of TSLL and TSLY, 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-0.500.000.501.00JuneJulyAugustSeptemberOctoberNovember
0.46
0.57
TSLL
TSLY

Dividends

TSLL vs. TSLY - Dividend Comparison

TSLL's dividend yield for the trailing twelve months is around 3.07%, less than TSLY's 68.36% yield.


TTM20232022
TSLL
Direxion Daily TSLA Bull 1.5X Shares
3.07%4.43%1.58%
TSLY
YieldMax TSLA Option Income Strategy ETF
68.36%76.47%0.00%

Drawdowns

TSLL vs. TSLY - Drawdown Comparison

The maximum TSLL drawdown since its inception was -81.21%, which is greater than TSLY's maximum drawdown of -45.63%. Use the drawdown chart below to compare losses from any high point for TSLL and TSLY. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.42%
-3.71%
TSLL
TSLY

Volatility

TSLL vs. TSLY - Volatility Comparison

Direxion Daily TSLA Bull 1.5X Shares (TSLL) has a higher volatility of 54.77% compared to YieldMax TSLA Option Income Strategy ETF (TSLY) at 20.35%. This indicates that TSLL's price experiences larger fluctuations and is considered to be riskier than TSLY 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
54.77%
20.35%
TSLL
TSLY