TSLQ vs. OILD
Compare and contrast key facts about AXS TSLA Bear Daily ETF (TSLQ) and MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD).
TSLQ and OILD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLQ is an actively managed fund by AXS. It was launched on Jul 13, 2022. OILD is a passively managed fund by REX that tracks the performance of the Solactive MicroSectors Oil & Gas Exploration & Production Index (-300%). It was launched on Nov 8, 2021.
Performance
TSLQ vs. OILD - Performance Comparison
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TSLQ vs. OILD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLQ AXS TSLA Bear Daily ETF | 28.41% | -74.67% | -83.21% | -59.97% | 63.52% |
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs | -59.82% | -41.67% | -14.58% | -19.58% | -66.95% |
Returns By Period
In the year-to-date period, TSLQ achieves a 28.41% return, which is significantly higher than OILD's -59.82% return.
TSLQ
- 1D
- -5.16%
- 1M
- 8.21%
- YTD
- 28.41%
- 6M
- 15.81%
- 1Y
- -79.48%
- 3Y*
- -65.58%
- 5Y*
- —
- 10Y*
- —
OILD
- 1D
- 10.51%
- 1M
- -15.65%
- YTD
- -59.82%
- 6M
- -61.74%
- 1Y
- -67.52%
- 3Y*
- -46.53%
- 5Y*
- —
- 10Y*
- —
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TSLQ vs. OILD - Expense Ratio Comparison
TSLQ has a 1.15% expense ratio, which is higher than OILD's 0.95% expense ratio.
Return for Risk
TSLQ vs. OILD — Risk / Return Rank
TSLQ
OILD
TSLQ vs. OILD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXS TSLA Bear Daily ETF (TSLQ) and MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD). 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.
| TSLQ | OILD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.72 | -0.88 | +0.16 |
Sortino ratioReturn per unit of downside risk | -1.10 | -1.62 | +0.51 |
Omega ratioGain probability vs. loss probability | 0.86 | 0.82 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | -0.90 | -0.80 | -0.09 |
Martin ratioReturn relative to average drawdown | -1.04 | -1.29 | +0.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TSLQ | OILD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.72 | -0.88 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.63 | -0.77 | +0.14 |
Correlation
The correlation between TSLQ and OILD is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TSLQ vs. OILD - Dividend Comparison
TSLQ's dividend yield for the trailing twelve months is around 8.23%, while OILD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLQ AXS TSLA Bear Daily ETF | 8.23% | 10.56% | 4.95% | 13.35% | 2.56% |
OILD MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TSLQ vs. OILD - Drawdown Comparison
The maximum TSLQ drawdown since its inception was -98.73%, roughly equal to the maximum OILD drawdown of -98.90%. Use the drawdown chart below to compare losses from any high point for TSLQ and OILD.
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Drawdown Indicators
| TSLQ | OILD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.73% | -98.90% | +0.17% |
Max Drawdown (1Y)Largest decline over 1 year | -90.23% | -84.54% | -5.69% |
Current DrawdownCurrent decline from peak | -98.09% | -98.69% | +0.60% |
Average DrawdownAverage peak-to-trough decline | -65.75% | -88.25% | +22.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 77.80% | 52.71% | +25.09% |
Volatility
TSLQ vs. OILD - Volatility Comparison
AXS TSLA Bear Daily ETF (TSLQ) has a higher volatility of 22.77% compared to MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs (OILD) at 19.05%. This indicates that TSLQ's price experiences larger fluctuations and is considered to be riskier than OILD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLQ | OILD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.77% | 19.05% | +3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 59.66% | 43.16% | +16.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 110.69% | 76.80% | +33.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.60% | 79.54% | +15.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.60% | 79.54% | +15.06% |