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TSLR vs. TSDD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TSLR and TSDD is -0.56. 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

TSLR vs. TSDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long TSLA Daily ETF (TSLR) and GraniteShares 2x Short TSLA Daily ETF (TSDD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TSLR:

0.74

TSDD:

-0.65

Sortino Ratio

TSLR:

1.95

TSDD:

-1.55

Omega Ratio

TSLR:

1.23

TSDD:

0.81

Calmar Ratio

TSLR:

1.28

TSDD:

-0.98

Martin Ratio

TSLR:

2.48

TSDD:

-1.28

Ulcer Index

TSLR:

42.65%

TSDD:

73.75%

Daily Std Dev

TSLR:

144.80%

TSDD:

144.23%

Max Drawdown

TSLR:

-82.80%

TSDD:

-96.77%

Current Drawdown

TSLR:

-64.14%

TSDD:

-96.77%

Returns By Period

In the year-to-date period, TSLR achieves a -48.12% return, which is significantly lower than TSDD's -29.08% return.


TSLR

YTD

-48.12%

1M

68.22%

6M

-26.18%

1Y

106.25%

5Y*

N/A

10Y*

N/A

TSDD

YTD

-29.08%

1M

-48.58%

6M

-58.91%

1Y

-94.49%

5Y*

N/A

10Y*

N/A

*Annualized

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TSLR vs. TSDD - Expense Ratio Comparison

Both TSLR and TSDD have an expense ratio of 1.50%.


Risk-Adjusted Performance

TSLR vs. TSDD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSLR
The Risk-Adjusted Performance Rank of TSLR is 7878
Overall Rank
The Sharpe Ratio Rank of TSLR is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of TSLR is 8888
Sortino Ratio Rank
The Omega Ratio Rank of TSLR is 8484
Omega Ratio Rank
The Calmar Ratio Rank of TSLR is 8585
Calmar Ratio Rank
The Martin Ratio Rank of TSLR is 6363
Martin Ratio Rank

TSDD
The Risk-Adjusted Performance Rank of TSDD is 11
Overall Rank
The Sharpe Ratio Rank of TSDD is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of TSDD is 00
Sortino Ratio Rank
The Omega Ratio Rank of TSDD is 00
Omega Ratio Rank
The Calmar Ratio Rank of TSDD is 00
Calmar Ratio Rank
The Martin Ratio Rank of TSDD is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TSLR vs. TSDD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and GraniteShares 2x Short TSLA Daily ETF (TSDD). 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.


The current TSLR Sharpe Ratio is 0.74, which is higher than the TSDD Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of TSLR and TSDD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TSLR vs. TSDD - Dividend Comparison

Neither TSLR nor TSDD has paid dividends to shareholders.


TTM20242023
TSLR
GraniteShares 2x Long TSLA Daily ETF
0.00%0.00%0.00%
TSDD
GraniteShares 2x Short TSLA Daily ETF
0.00%0.00%24.84%

Drawdowns

TSLR vs. TSDD - Drawdown Comparison

The maximum TSLR drawdown since its inception was -82.80%, smaller than the maximum TSDD drawdown of -96.77%. Use the drawdown chart below to compare losses from any high point for TSLR and TSDD. For additional features, visit the drawdowns tool.


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Volatility

TSLR vs. TSDD - Volatility Comparison

The current volatility for GraniteShares 2x Long TSLA Daily ETF (TSLR) is 35.02%, while GraniteShares 2x Short TSLA Daily ETF (TSDD) has a volatility of 37.28%. This indicates that TSLR experiences smaller price fluctuations and is considered to be less risky than TSDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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