TSLQ vs. XSHD
Compare and contrast key facts about AXS TSLA Bear Daily ETF (TSLQ) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD).
TSLQ and XSHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLQ is an actively managed fund by AXS. It was launched on Jul 13, 2022. XSHD is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Low Volatility High Dividend Index. It was launched on Dec 1, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLQ or XSHD.
Key characteristics
| TSLQ | XSHD | |
|---|---|---|
| YTD Return | -73.93% | 0.06% |
| 1Y Return | -77.67% | 15.79% |
| Sharpe Ratio | -0.81 | 0.89 |
| Sortino Ratio | -1.27 | 1.39 |
| Omega Ratio | 0.81 | 1.16 |
| Calmar Ratio | -0.86 | 0.52 |
| Martin Ratio | -2.43 | 2.37 |
| Ulcer Index | 32.23% | 7.08% |
| Daily Std Dev | 96.75% | 18.93% |
| Max Drawdown | -90.86% | -49.52% |
| Current Drawdown | -90.86% | -21.41% |
Correlation
The correlation between TSLQ and XSHD is -0.37. 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.
Performance
TSLQ vs. XSHD - Performance Comparison
In the year-to-date period, TSLQ achieves a -73.93% return, which is significantly lower than XSHD's 0.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. XSHD - Expense Ratio Comparison
TSLQ has a 1.15% expense ratio, which is higher than XSHD's 0.30% expense ratio.
Risk-Adjusted Performance
TSLQ vs. XSHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AXS TSLA Bear Daily ETF (TSLQ) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD). 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.
Dividends
TSLQ vs. XSHD - Dividend Comparison
TSLQ's dividend yield for the trailing twelve months is around 51.19%, more than XSHD's 7.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
TSLQ AXS TSLA Bear Daily ETF | 51.19% | 13.35% | 2.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF | 7.06% | 7.62% | 6.77% | 3.86% | 5.55% | 4.88% | 5.49% | 4.11% | 0.41% |
Drawdowns
TSLQ vs. XSHD - Drawdown Comparison
The maximum TSLQ drawdown since its inception was -90.86%, which is greater than XSHD's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for TSLQ and XSHD. For additional features, visit the drawdowns tool.
Volatility
TSLQ vs. XSHD - Volatility Comparison
AXS TSLA Bear Daily ETF (TSLQ) has a higher volatility of 70.52% compared to Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) at 5.40%. This indicates that TSLQ's price experiences larger fluctuations and is considered to be riskier than XSHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.