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 -65.69%/yr vs 14.76%/yr for TSLA. At a correlation of -0.98, they often move in opposite directions.
Performance
TSLQ vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, TSLQ achieves a -6.50% return, which is significantly higher than TSLA's -9.33% return.
TSLQ
- 1D
- -0.59%
- 1M
- -11.10%
- 6M
- -7.57%
- YTD
- -6.50%
- 1Y
- -64.99%
- 3Y*
- -65.69%
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- 0.30%
- 1M
- 0.33%
- 6M
- -8.37%
- YTD
- -9.33%
- 1Y
- 30.06%
- 3Y*
- 14.76%
- 5Y*
- 13.24%
- 10Y*
- 39.16%
TSLQ vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLQ Tradr 2X Short TSLA Daily ETF | -6.50% | -74.67% | -83.21% | -59.97% | 61.04% |
TSLA Tesla, Inc. | -9.33% | 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.
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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 | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.14 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 1.06 | -2.01 |
| Martin ratioReturn relative to average drawdown | -1.21 | 2.34 | -3.55 |
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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.
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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 | -69.32% | -29.93% | -39.39% |
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 | -98.61% | -16.76% | -81.85% |
Average DrawdownAverage peak-to-trough decline | -67.98% | -22.70% | -45.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 54.24% | 13.55% | +40.69% |
Volatility
TSLQ vs. TSLA - Volatility Comparison
Tradr 2X Short TSLA Daily ETF (TSLQ) has a higher volatility of 35.92% compared to Tesla, Inc. (TSLA) at 17.57%. 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.
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Volatility by Period
| TSLQ | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.92% | 17.57% | +18.35% |
Volatility (6M)Calculated over the trailing 6-month period | 62.69% | 31.05% | +31.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.76% | 44.86% | +44.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.89% | 59.30% | +35.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.89% | 59.23% | +35.66% |
Dividends
TSLQ vs. TSLA - Dividend Comparison
TSLQ's dividend yield for the trailing twelve months is around 11.30%, 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 | 11.30% | 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 (35.92%) compared to TSLA (17.57%). In terms of maximum drawdown, TSLQ dropped -98.73% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.71 vs -0.74), 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.
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