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

Correlation

The correlation between TSLR and TSLA is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

TSLR vs. TSLA - Performance Comparison

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

-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
87.82%
80.57%
TSLR
TSLA

Key characteristics

Sharpe Ratio

TSLR:

0.68

TSLA:

1.12

Sortino Ratio

TSLR:

1.81

TSLA:

1.90

Omega Ratio

TSLR:

1.22

TSLA:

1.23

Calmar Ratio

TSLR:

1.12

TSLA:

1.08

Martin Ratio

TSLR:

1.92

TSLA:

3.07

Ulcer Index

TSLR:

44.64%

TSLA:

22.90%

Daily Std Dev

TSLR:

125.62%

TSLA:

62.85%

Max Drawdown

TSLR:

-76.58%

TSLA:

-73.63%

Current Drawdown

TSLR:

-23.81%

TSLA:

-12.25%

Returns By Period

In the year-to-date period, TSLR achieves a 84.70% return, which is significantly higher than TSLA's 69.45% return.


TSLR

YTD

84.70%

1M

48.00%

6M

298.58%

1Y

79.32%

5Y*

N/A

10Y*

N/A

TSLA

YTD

69.45%

1M

23.97%

6M

130.07%

1Y

66.73%

5Y*

72.25%

10Y*

39.86%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TSLR vs. TSLA - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for TSLR, currently valued at 0.68, compared to the broader market0.002.004.000.681.12
The chart of Sortino ratio for TSLR, currently valued at 1.81, compared to the broader market-2.000.002.004.006.008.0010.001.811.90
The chart of Omega ratio for TSLR, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.23
The chart of Calmar ratio for TSLR, currently valued at 1.12, compared to the broader market0.005.0010.0015.001.121.45
The chart of Martin ratio for TSLR, currently valued at 1.92, compared to the broader market0.0020.0040.0060.0080.00100.001.923.07
TSLR
TSLA

The current TSLR Sharpe Ratio is 0.68, which is lower than the TSLA Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of TSLR and TSLA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
0.68
1.12
TSLR
TSLA

Dividends

TSLR vs. TSLA - Dividend Comparison

Neither TSLR nor TSLA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

TSLR vs. TSLA - Drawdown Comparison

The maximum TSLR drawdown since its inception was -76.58%, roughly equal to the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for TSLR and TSLA. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-23.81%
-12.25%
TSLR
TSLA

Volatility

TSLR vs. TSLA - Volatility Comparison

GraniteShares 2x Long TSLA Daily ETF (TSLR) has a higher volatility of 33.98% compared to Tesla, Inc. (TSLA) at 17.10%. This indicates that TSLR's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
33.98%
17.10%
TSLR
TSLA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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