TSLR vs. PRZO
TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares, while PRZO (ParaZero Technologies Ltd. Ordinary Shares) is a stock. Over the past year, TSLR returned 19.41% vs -49.14% for PRZO. At a 0.14 correlation, their price movements are largely independent.
Performance
TSLR vs. PRZO - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with TSLR having a -27.58% return and PRZO slightly higher at -26.98%.
TSLR
- 1D
- 3.62%
- 1M
- -19.09%
- YTD
- -27.58%
- 6M
- -31.37%
- 1Y
- 19.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PRZO
- 1D
- -3.06%
- 1M
- 7.50%
- YTD
- -26.98%
- 6M
- -52.77%
- 1Y
- -49.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLR vs. PRZO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLR GraniteShares 2x Long TSLA Daily ETF | -27.58% | -25.97% | 67.57% | 1.69% |
PRZO ParaZero Technologies Ltd. Ordinary Shares | -26.98% | -59.85% | 185.59% | -40.27% |
Correlation
The correlation between TSLR and PRZO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2023 | 0.14 |
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Return for Risk
TSLR vs. PRZO — Risk / Return Rank
TSLR
PRZO
TSLR vs. PRZO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and ParaZero Technologies Ltd. Ordinary Shares (PRZO). 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 | PRZO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.99 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | -0.64 | +1.00 |
| Martin ratioReturn relative to average drawdown | 0.73 | -1.16 | +1.89 |
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Drawdowns
TSLR vs. PRZO - Drawdown Comparison
The maximum TSLR drawdown since its inception was -82.80%, smaller than the maximum PRZO drawdown of -88.53%. Use the drawdown chart below to compare losses from any high point for TSLR and PRZO.
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Drawdown Indicators
| TSLR | PRZO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.80% | -88.53% | +5.73% |
Max Drawdown (1Y)Largest decline over 1 year | -54.37% | -76.78% | +22.41% |
Current DrawdownCurrent decline from peak | -62.94% | -85.45% | +22.51% |
Average DrawdownAverage peak-to-trough decline | -50.31% | -74.24% | +23.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.72% | 42.41% | -15.69% |
Volatility
TSLR vs. PRZO - Volatility Comparison
The current volatility for GraniteShares 2x Long TSLA Daily ETF (TSLR) is 28.92%, while ParaZero Technologies Ltd. Ordinary Shares (PRZO) has a volatility of 50.24%. This indicates that TSLR experiences smaller price fluctuations and is considered to be less risky than PRZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLR | PRZO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.92% | 50.24% | -21.32% |
Volatility (6M)Calculated over the trailing 6-month period | 57.66% | 91.31% | -33.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 89.10% | 117.45% | -28.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 115.61% | 174.37% | -58.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 115.61% | 174.37% | -58.76% |
Dividends
TSLR vs. PRZO - Dividend Comparison
Neither TSLR nor PRZO has paid dividends to shareholders.
Frequently Asked Questions
TSLR and PRZO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRZO has higher volatility (50.24%) compared to TSLR (28.92%). In terms of maximum drawdown, TSLR dropped -82.80% vs PRZO's -88.53%.
TSLR currently has the higher Sharpe Ratio (0.22 vs -0.42), 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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