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.
Correlation
The correlation between TSLQ and XSHD is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TSLQ vs. XSHD - Performance Comparison
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Key characteristics
TSLQ:
-0.65
XSHD:
-0.18
TSLQ:
-1.13
XSHD:
-0.04
TSLQ:
0.85
XSHD:
0.99
TSLQ:
-0.94
XSHD:
-0.06
TSLQ:
-1.43
XSHD:
-0.32
TSLQ:
63.12%
XSHD:
7.08%
TSLQ:
139.79%
XSHD:
18.55%
TSLQ:
-96.02%
XSHD:
-49.52%
TSLQ:
-95.86%
XSHD:
-29.68%
Returns By Period
In the year-to-date period, TSLQ achieves a -21.70% return, which is significantly lower than XSHD's -5.50% return.
TSLQ
-21.70%
-43.00%
-49.58%
-90.31%
N/A
N/A
XSHD
-5.50%
8.65%
-10.52%
-3.34%
5.49%
N/A
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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 Rank
TSLQ
XSHD
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.
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Dividends
TSLQ vs. XSHD - Dividend Comparison
TSLQ's dividend yield for the trailing twelve months is around 6.32%, less than XSHD's 7.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSLQ AXS TSLA Bear Daily ETF | 6.32% | 4.95% | 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 | 7.56% | 7.25% | 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 -96.02%, 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.
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Volatility
TSLQ vs. XSHD - Volatility Comparison
AXS TSLA Bear Daily ETF (TSLQ) has a higher volatility of 36.67% compared to Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) at 4.32%. 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.
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