TSLR vs. ASTS
TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares, while ASTS (AST SpaceMobile, Inc.) is a stock. Over the past year, TSLR returned 19.41% vs 123.21% for ASTS. At a 0.31 correlation, their price movements are largely independent.
Performance
TSLR vs. ASTS - Performance Comparison
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Returns By Period
In the year-to-date period, TSLR achieves a -27.58% return, which is significantly lower than ASTS's 13.47% return.
TSLR
- 1D
- 3.62%
- 1M
- -19.09%
- YTD
- -27.58%
- 6M
- -31.37%
- 1Y
- 19.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASTS
- 1D
- -15.53%
- 1M
- 10.16%
- YTD
- 13.47%
- 6M
- 7.44%
- 1Y
- 123.21%
- 3Y*
- 140.29%
- 5Y*
- 51.99%
- 10Y*
- —
TSLR vs. ASTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLR GraniteShares 2x Long TSLA Daily ETF | -27.58% | -25.97% | 67.57% | 1.69% |
ASTS AST SpaceMobile, Inc. | 13.47% | 244.22% | 249.92% | 54.62% |
Correlation
The correlation between TSLR and ASTS is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023 | 0.31 |
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Return for Risk
TSLR vs. ASTS — Risk / Return Rank
TSLR
ASTS
TSLR vs. ASTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and AST SpaceMobile, Inc. (ASTS). 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 | ASTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.23 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 2.60 | -2.24 |
| Martin ratioReturn relative to average drawdown | 0.73 | 5.06 | -4.34 |
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Drawdowns
TSLR vs. ASTS - Drawdown Comparison
The maximum TSLR drawdown since its inception was -82.80%, roughly equal to the maximum ASTS drawdown of -85.57%. Use the drawdown chart below to compare losses from any high point for TSLR and ASTS.
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Drawdown Indicators
| TSLR | ASTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.80% | -85.57% | +2.77% |
Max Drawdown (1Y)Largest decline over 1 year | -54.37% | -47.69% | -6.68% |
Max Drawdown (3Y)Largest decline over 3 years | — | -70.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -85.57% | — |
Current DrawdownCurrent decline from peak | -62.94% | -38.08% | -24.86% |
Average DrawdownAverage peak-to-trough decline | -50.31% | -40.51% | -9.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.72% | 24.42% | +2.30% |
Volatility
TSLR vs. ASTS - Volatility Comparison
The current volatility for GraniteShares 2x Long TSLA Daily ETF (TSLR) is 28.92%, while AST SpaceMobile, Inc. (ASTS) has a volatility of 41.20%. This indicates that TSLR experiences smaller price fluctuations and is considered to be less risky than ASTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLR | ASTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.92% | 41.20% | -12.28% |
Volatility (6M)Calculated over the trailing 6-month period | 57.66% | 85.03% | -27.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.10% | 105.98% | -16.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 115.61% | 109.52% | +6.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 115.61% | 111.00% | +4.61% |
Dividends
TSLR vs. ASTS - Dividend Comparison
Neither TSLR nor ASTS has paid dividends to shareholders.
Frequently Asked Questions
TSLR and ASTS have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASTS has higher volatility (41.20%) compared to TSLR (28.92%). In terms of maximum drawdown, TSLR dropped -82.80% vs ASTS's -85.57%.
ASTS currently has the higher Sharpe Ratio (1.17 vs 0.22), 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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