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TSLQ vs. SSG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TSLQ and SSG is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

TSLQ vs. SSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXS TSLA Bear Daily ETF (TSLQ) and Proshares Ultrashort Semiconductors (SSG). The values are adjusted to include any dividend payments, if applicable.

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-37.49%
-95.93%
TSLQ
SSG

Key characteristics

Sharpe Ratio

TSLQ:

-0.01

SSG:

-0.95

Sortino Ratio

TSLQ:

4.68

SSG:

-1.96

Omega Ratio

TSLQ:

1.65

SSG:

0.78

Calmar Ratio

TSLQ:

-0.06

SSG:

-0.79

Martin Ratio

TSLQ:

-0.14

SSG:

-1.23

Ulcer Index

TSLQ:

37.43%

SSG:

64.33%

Daily Std Dev

TSLQ:

530.00%

SSG:

82.92%

Max Drawdown

TSLQ:

-91.33%

SSG:

-100.00%

Current Drawdown

TSLQ:

-66.54%

SSG:

-100.00%

Returns By Period

In the year-to-date period, TSLQ achieves a -4.51% return, which is significantly higher than SSG's -77.16% return.


TSLQ

YTD

-4.51%

1M

256.00%

6M

-22.92%

1Y

-2.94%

5Y*

N/A

10Y*

N/A

SSG

YTD

-77.16%

1M

2.77%

6M

-21.92%

1Y

-77.64%

5Y*

-65.40%

10Y*

-55.01%

Compare stocks, funds, or ETFs

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


TSLQ vs. SSG - Expense Ratio Comparison

TSLQ has a 1.15% expense ratio, which is higher than SSG's 0.95% expense ratio.


TSLQ
AXS TSLA Bear Daily ETF
Expense ratio chart for TSLQ: current value at 1.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.15%
Expense ratio chart for SSG: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

TSLQ vs. SSG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AXS TSLA Bear Daily ETF (TSLQ) and Proshares Ultrashort Semiconductors (SSG). 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 TSLQ, currently valued at -0.01, compared to the broader market0.002.004.00-0.01-0.95
The chart of Sortino ratio for TSLQ, currently valued at 4.68, compared to the broader market-2.000.002.004.006.008.0010.004.68-1.96
The chart of Omega ratio for TSLQ, currently valued at 1.65, compared to the broader market0.501.001.502.002.503.001.650.78
The chart of Calmar ratio for TSLQ, currently valued at -0.06, compared to the broader market0.005.0010.0015.00-0.06-0.81
The chart of Martin ratio for TSLQ, currently valued at -0.14, compared to the broader market0.0020.0040.0060.0080.00100.00-0.14-1.23
TSLQ
SSG

The current TSLQ Sharpe Ratio is -0.01, which is higher than the SSG Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of TSLQ and SSG, 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-1.00-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
-0.01
-0.95
TSLQ
SSG

Dividends

TSLQ vs. SSG - Dividend Comparison

TSLQ's dividend yield for the trailing twelve months is around 13.98%, more than SSG's 1.14% yield.


TTM202320222021202020192018
TSLQ
AXS TSLA Bear Daily ETF
13.98%13.35%15.34%0.00%0.00%0.00%0.00%
SSG
Proshares Ultrashort Semiconductors
1.14%2.36%0.07%0.00%0.07%0.94%0.36%

Drawdowns

TSLQ vs. SSG - Drawdown Comparison

The maximum TSLQ drawdown since its inception was -91.33%, smaller than the maximum SSG drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for TSLQ and SSG. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-66.54%
-96.94%
TSLQ
SSG

Volatility

TSLQ vs. SSG - Volatility Comparison

AXS TSLA Bear Daily ETF (TSLQ) has a higher volatility of 187.99% compared to Proshares Ultrashort Semiconductors (SSG) at 16.84%. This indicates that TSLQ's price experiences larger fluctuations and is considered to be riskier than SSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
187.99%
16.84%
TSLQ
SSG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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