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

Correlation

The correlation between TSLQ and TSLL 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. TSLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXS TSLA Bear Daily ETF (TSLQ) and Direxion Daily TSLA Bull 1.5X Shares (TSLL). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
-29.15%
338.68%
TSLQ
TSLL

Key characteristics

Sharpe Ratio

TSLQ:

-0.02

TSLL:

1.12

Sortino Ratio

TSLQ:

4.60

TSLL:

2.18

Omega Ratio

TSLQ:

1.64

TSLL:

1.26

Calmar Ratio

TSLQ:

-0.12

TSLL:

1.71

Martin Ratio

TSLQ:

-0.28

TSLL:

3.70

Ulcer Index

TSLQ:

37.22%

TSLL:

36.84%

Daily Std Dev

TSLQ:

530.00%

TSLL:

121.33%

Max Drawdown

TSLQ:

-91.33%

TSLL:

-81.21%

Current Drawdown

TSLQ:

-69.02%

TSLL:

-16.31%

Returns By Period

In the year-to-date period, TSLQ achieves a -11.59% return, which is significantly lower than TSLL's 142.18% return.


TSLQ

YTD

-11.59%

1M

228.72%

6M

-27.87%

1Y

-8.64%

5Y*

N/A

10Y*

N/A

TSLL

YTD

142.18%

1M

63.06%

6M

322.02%

1Y

129.44%

5Y*

N/A

10Y*

N/A

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. TSLL - Expense Ratio Comparison

TSLQ has a 1.15% expense ratio, which is higher than TSLL's 1.08% 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 TSLL: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%

Risk-Adjusted Performance

TSLQ vs. TSLL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AXS TSLA Bear Daily ETF (TSLQ) and Direxion Daily TSLA Bull 1.5X Shares (TSLL). 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 -0.02, compared to the broader market0.002.004.00-0.021.12
The chart of Sortino ratio for TSLQ, currently valued at 4.60, compared to the broader market-2.000.002.004.006.008.0010.004.602.18
The chart of Omega ratio for TSLQ, currently valued at 1.64, compared to the broader market0.501.001.502.002.503.001.641.26
The chart of Calmar ratio for TSLQ, currently valued at -0.12, compared to the broader market0.005.0010.0015.00-0.121.71
The chart of Martin ratio for TSLQ, currently valued at -0.28, compared to the broader market0.0020.0040.0060.0080.00100.00-0.283.70
TSLQ
TSLL

The current TSLQ Sharpe Ratio is -0.02, which is lower than the TSLL Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of TSLQ and TSLL, 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
-0.02
1.12
TSLQ
TSLL

Dividends

TSLQ vs. TSLL - Dividend Comparison

TSLQ's dividend yield for the trailing twelve months is around 15.10%, more than TSLL's 1.99% yield.


TTM20232022
TSLQ
AXS TSLA Bear Daily ETF
15.10%13.35%15.34%
TSLL
Direxion Daily TSLA Bull 1.5X Shares
1.99%4.43%1.58%

Drawdowns

TSLQ vs. TSLL - Drawdown Comparison

The maximum TSLQ drawdown since its inception was -91.33%, which is greater than TSLL's maximum drawdown of -81.21%. Use the drawdown chart below to compare losses from any high point for TSLQ and TSLL. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-69.02%
-16.31%
TSLQ
TSLL

Volatility

TSLQ vs. TSLL - Volatility Comparison

AXS TSLA Bear Daily ETF (TSLQ) has a higher volatility of 188.26% compared to Direxion Daily TSLA Bull 1.5X Shares (TSLL) at 33.05%. This indicates that TSLQ's price experiences larger fluctuations and is considered to be riskier than TSLL 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
188.26%
33.05%
TSLQ
TSLL
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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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