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 -60.20%/yr vs 6.03%/yr for TSLA. Their -0.98 correlation means they have often moved in opposite directions in the past.
Performance
TSLQ vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, TSLQ achieves a 49.23% return, which is significantly higher than TSLA's -30.80% return.
TSLQ
- 1D
- -1.53%
- 1M
- 45.07%
- 6M
- 40.85%
- YTD
- 49.23%
- 1Y
- -46.08%
- 3Y*
- -60.20%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -54.61%
TSLA
- 1D
- 0.76%
- 1M
- -20.90%
- 6M
- -27.69%
- YTD
- -30.80%
- 1Y
- 2.84%
- 3Y*
- 6.03%
- 5Y*
- 6.32%
- 10Y*
- 35.29%
- ALL TIME*
- 40.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
TSLA Tesla, Inc. | $15.40B | $15.32B | $18.68B |
| $162.68M | $148.83M | $161.26M |
TSLQ vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLQ Tradr 2X Short TSLA Daily ETF | 49.23% | -74.67% | -83.21% | -59.97% | 61.04% |
TSLA Tesla, Inc. | -30.80% | 11.36% | 62.52% | 101.72% | -48.03% |
Correlation
The correlation between TSLQ and TSLA is -1.00, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -1.00 |
Correlation (3Y) Balances recent behavior with more history. | -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 | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.04 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 0.02 | -0.66 |
| Martin ratioReturn relative to average drawdown | -0.79 | 0.06 | -0.85 |
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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% | -39.10% | -30.22% |
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 | -97.78% | -36.47% | -61.31% |
Average DrawdownAverage peak-to-trough decline | -68.42% | -22.72% | -45.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.83% | 15.31% | +40.52% |
Volatility
TSLQ vs. TSLA - Volatility Comparison
Tradr 2X Short TSLA Daily ETF (TSLQ) has a higher volatility of 36.98% compared to Tesla, Inc. (TSLA) at 20.43%. 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.
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Volatility by Period
| TSLQ | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.98% | 20.43% | +16.55% |
Volatility (6M)Calculated over the trailing 6-month period | 67.32% | 34.55% | +32.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.69% | 46.36% | +46.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.64% | 59.65% | +35.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.64% | 59.43% | +36.21% |
Dividends
TSLQ vs. TSLA - Dividend Comparison
TSLQ's dividend yield for the trailing twelve months is around 7.08%, 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 | 7.08% | 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 (36.98%) compared to TSLA (20.43%). In terms of maximum drawdown, TSLQ dropped -98.73% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.02 vs -0.48), 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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