TSLR vs. ACHR
TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares, while ACHR (Archer Aviation Inc.) is a stock. Over the past year, TSLR returned 19.41% vs -56.69% for ACHR. At a 0.39 correlation, their price movements are largely independent.
Performance
TSLR vs. ACHR - Performance Comparison
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Returns By Period
In the year-to-date period, TSLR achieves a -27.58% return, which is significantly higher than ACHR's -32.45% return.
TSLR
- 1D
- 3.62%
- 1M
- -19.09%
- YTD
- -27.58%
- 6M
- -31.37%
- 1Y
- 19.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ACHR
- 1D
- -4.15%
- 1M
- -22.09%
- YTD
- -32.45%
- 6M
- -38.80%
- 1Y
- -56.69%
- 3Y*
- 4.91%
- 5Y*
- -12.65%
- 10Y*
- —
TSLR vs. ACHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLR GraniteShares 2x Long TSLA Daily ETF | -27.58% | -25.97% | 67.57% | 1.69% |
ACHR Archer Aviation Inc. | -32.45% | -22.87% | 58.79% | -12.29% |
Correlation
The correlation between TSLR and ACHR is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023 | 0.39 |
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Return for Risk
TSLR vs. ACHR — Risk / Return Rank
TSLR
ACHR
TSLR vs. ACHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and Archer Aviation Inc. (ACHR). 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.
| TSLR | ACHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +2.10 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.87 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | -0.89 | +1.25 |
| Martin ratioReturn relative to average drawdown | 0.73 | -1.39 | +2.11 |
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Drawdowns
TSLR vs. ACHR - Drawdown Comparison
The maximum TSLR drawdown since its inception was -82.80%, smaller than the maximum ACHR drawdown of -90.49%. Use the drawdown chart below to compare losses from any high point for TSLR and ACHR.
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Drawdown Indicators
| TSLR | ACHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.80% | -90.49% | +7.69% |
Max Drawdown (1Y)Largest decline over 1 year | -54.37% | -63.78% | +9.41% |
Max Drawdown (3Y)Largest decline over 3 years | — | -63.78% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.00% | — |
Current DrawdownCurrent decline from peak | -62.94% | -70.36% | +7.42% |
Average DrawdownAverage peak-to-trough decline | -50.31% | -62.48% | +12.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.72% | 41.04% | -14.32% |
Volatility
TSLR vs. ACHR - Volatility Comparison
GraniteShares 2x Long TSLA Daily ETF (TSLR) has a higher volatility of 28.92% compared to Archer Aviation Inc. (ACHR) at 21.42%. This indicates that TSLR's price experiences larger fluctuations and is considered to be riskier than ACHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLR | ACHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.92% | 21.42% | +7.50% |
Volatility (6M)Calculated over the trailing 6-month period | 57.66% | 44.68% | +12.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.10% | 70.77% | +18.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 115.61% | 84.32% | +31.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 115.61% | 82.16% | +33.45% |
Dividends
TSLR vs. ACHR - Dividend Comparison
Neither TSLR nor ACHR has paid dividends to shareholders.
Frequently Asked Questions
TSLR and ACHR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLR has higher volatility (28.92%) compared to ACHR (21.42%). In terms of maximum drawdown, TSLR dropped -82.80% vs ACHR's -90.49%.
TSLR currently has the higher Sharpe Ratio (0.22 vs -0.80), 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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