TSLQ vs. TSLA
TSLQ (Tradr 2X Short TSLA Daily ETF) is Inverse Equities fund actively managed by Tradr, while TSLA (Tesla, Inc.) is a stock. Over the past 3 years, TSLQ returned -65.02%/yr vs 15.41%/yr for TSLA. At a correlation of -0.98, they often move in opposite directions.
Performance
TSLQ vs. TSLA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TSLQ achieves a 4.13% return, which is significantly higher than TSLA's -10.95% return.
TSLQ
- 1D
- -1.97%
- 1M
- -2.63%
- YTD
- 4.13%
- 6M
- 19.83%
- 1Y
- -61.24%
- 3Y*
- -65.02%
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- 1.04%
- 1M
- -0.90%
- YTD
- -10.95%
- 6M
- -17.15%
- 1Y
- 24.36%
- 3Y*
- 15.41%
- 5Y*
- 14.03%
- 10Y*
- 39.21%
TSLQ vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLQ Tradr 2X Short TSLA Daily ETF | 4.13% | -74.67% | -83.21% | -59.97% | 61.04% |
TSLA Tesla, Inc. | -10.95% | 11.36% | 62.52% | 101.72% | -48.03% |
Correlation
The correlation between TSLQ and TSLA is -1.00, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.99 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | -0.98 |
The correlation between TSLQ and TSLA has been stable across timeframes, ranging from -1.00 to -0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TSLQ vs. TSLA — Risk / Return Rank
TSLQ
TSLA
TSLQ vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Short TSLA Daily ETF (TSLQ) and Tesla, Inc. (TSLA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TSLQ | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.12 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 0.82 | -1.67 |
| Martin ratioReturn relative to average drawdown | -1.09 | 1.84 | -2.94 |
Loading charts...
Drawdowns
TSLQ vs. TSLA - Drawdown Comparison
The maximum TSLQ drawdown since its inception was -98.73%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for TSLQ and TSLA.
Loading charts...
Drawdown Indicators
| TSLQ | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.73% | -73.63% | -25.10% |
Max Drawdown (1Y)Largest decline over 1 year | -72.21% | -29.93% | -42.28% |
Max Drawdown (3Y)Largest decline over 3 years | -97.85% | -53.77% | -44.08% |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.63% | — |
Current DrawdownCurrent decline from peak | -98.45% | -18.25% | -80.20% |
Average DrawdownAverage peak-to-trough decline | -67.55% | -22.71% | -44.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.95% | 13.25% | +42.70% |
Volatility
TSLQ vs. TSLA - Volatility Comparison
Tradr 2X Short TSLA Daily ETF (TSLQ) has a higher volatility of 26.35% compared to Tesla, Inc. (TSLA) at 13.43%. This indicates that TSLQ's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TSLQ | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.35% | 13.43% | +12.92% |
Volatility (6M)Calculated over the trailing 6-month period | 56.72% | 28.33% | +28.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.59% | 44.31% | +44.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.21% | 58.99% | +35.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.21% | 59.15% | +35.06% |
Dividends
TSLQ vs. TSLA - Dividend Comparison
TSLQ's dividend yield for the trailing twelve months is around 10.15%, while TSLA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSLQ Tradr 2X Short TSLA Daily ETF | 10.15% | 10.56% | 4.95% | 13.35% | 2.56% |
Frequently Asked Questions
TSLQ and TSLA have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLQ has higher volatility (26.35%) compared to TSLA (13.43%). In terms of maximum drawdown, TSLQ dropped -98.73% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.55 vs -0.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for TSLQ and TSLA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer