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

Correlation

The correlation between TSLQ and TSLA is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-1.0

Performance

TSLQ vs. TSLA - Performance Comparison

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

-100.00%-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
-23.07%
130.62%
TSLQ
TSLA

Key characteristics

Sharpe Ratio

TSLQ:

-0.01

TSLA:

1.12

Sortino Ratio

TSLQ:

4.68

TSLA:

1.90

Omega Ratio

TSLQ:

1.65

TSLA:

1.23

Calmar Ratio

TSLQ:

-0.06

TSLA:

1.08

Martin Ratio

TSLQ:

-0.14

TSLA:

3.07

Ulcer Index

TSLQ:

37.43%

TSLA:

22.90%

Daily Std Dev

TSLQ:

530.00%

TSLA:

62.85%

Max Drawdown

TSLQ:

-91.33%

TSLA:

-73.63%

Current Drawdown

TSLQ:

-66.54%

TSLA:

-12.25%

Returns By Period

In the year-to-date period, TSLQ achieves a -4.51% return, which is significantly lower than TSLA's 69.45% return.


TSLQ

YTD

-4.51%

1M

256.00%

6M

-22.92%

1Y

-2.94%

5Y*

N/A

10Y*

N/A

TSLA

YTD

69.45%

1M

23.97%

6M

130.07%

1Y

66.73%

5Y*

72.25%

10Y*

39.86%

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Risk-Adjusted Performance

TSLQ vs. TSLA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AXS TSLA Bear 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.


Sharpe ratio
The chart of Sharpe ratio for TSLQ, currently valued at -0.01, compared to the broader market0.002.004.00-0.011.12
The chart of Sortino ratio for TSLQ, currently valued at 4.68, compared to the broader market-2.000.002.004.006.008.0010.004.681.90
The chart of Omega ratio for TSLQ, currently valued at 1.65, compared to the broader market0.501.001.502.002.503.001.651.23
The chart of Calmar ratio for TSLQ, currently valued at -0.06, compared to the broader market0.005.0010.0015.00-0.061.30
The chart of Martin ratio for TSLQ, currently valued at -0.14, compared to the broader market0.0020.0040.0060.0080.00100.00-0.143.07
TSLQ
TSLA

The current TSLQ Sharpe Ratio is -0.01, which is lower than the TSLA Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of TSLQ and TSLA, 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-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.01
1.12
TSLQ
TSLA

Dividends

TSLQ vs. TSLA - Dividend Comparison

TSLQ's dividend yield for the trailing twelve months is around 13.98%, while TSLA has not paid dividends to shareholders.


TTM20232022
TSLQ
AXS TSLA Bear Daily ETF
13.98%13.35%15.34%
TSLA
Tesla, Inc.
0.00%0.00%0.00%

Drawdowns

TSLQ vs. TSLA - Drawdown Comparison

The maximum TSLQ drawdown since its inception was -91.33%, 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. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-66.54%
-12.25%
TSLQ
TSLA

Volatility

TSLQ vs. TSLA - Volatility Comparison

AXS TSLA Bear Daily ETF (TSLQ) has a higher volatility of 187.99% compared to Tesla, Inc. (TSLA) at 17.10%. 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.


0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
187.99%
17.10%
TSLQ
TSLA
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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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