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

Correlation

The correlation between TSLR and TSLT 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. TSLT - Performance Comparison

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

0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
332.84%
316.53%
TSLR
TSLT

Key characteristics

Sharpe Ratio

TSLR:

0.81

TSLT:

0.68

Sortino Ratio

TSLR:

1.92

TSLT:

1.80

Omega Ratio

TSLR:

1.23

TSLT:

1.22

Calmar Ratio

TSLR:

1.33

TSLT:

1.16

Martin Ratio

TSLR:

2.28

TSLT:

1.81

Ulcer Index

TSLR:

44.63%

TSLT:

47.33%

Daily Std Dev

TSLR:

125.39%

TSLT:

125.38%

Max Drawdown

TSLR:

-76.58%

TSLT:

-73.98%

Current Drawdown

TSLR:

-17.26%

TSLT:

-17.59%

Returns By Period

In the year-to-date period, TSLR achieves a 100.58% return, which is significantly higher than TSLT's 84.45% return.


TSLR

YTD

100.58%

1M

54.81%

6M

338.73%

1Y

101.75%

5Y*

N/A

10Y*

N/A

TSLT

YTD

84.45%

1M

53.89%

6M

323.16%

1Y

85.59%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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


TSLR vs. TSLT - Expense Ratio Comparison

TSLR has a 1.50% expense ratio, which is higher than TSLT's 1.05% expense ratio.


TSLR
GraniteShares 2x Long TSLA Daily ETF
Expense ratio chart for TSLR: current value at 1.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.50%
Expense ratio chart for TSLT: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%

Risk-Adjusted Performance

TSLR vs. TSLT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and T-Rex 2X Long Tesla Daily Target ETF (TSLT). 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 0.81, compared to the broader market0.002.004.000.810.68
The chart of Sortino ratio for TSLR, currently valued at 1.92, compared to the broader market-2.000.002.004.006.008.0010.001.921.80
The chart of Omega ratio for TSLR, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.22
The chart of Calmar ratio for TSLR, currently valued at 1.40, compared to the broader market0.005.0010.0015.001.401.16
The chart of Martin ratio for TSLR, currently valued at 2.28, compared to the broader market0.0020.0040.0060.0080.00100.002.281.81
TSLR
TSLT

The current TSLR Sharpe Ratio is 0.81, which is comparable to the TSLT Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of TSLR and TSLT, 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 Ratio0.000.501.00Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
0.81
0.68
TSLR
TSLT

Dividends

TSLR vs. TSLT - Dividend Comparison

Neither TSLR nor TSLT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

TSLR vs. TSLT - Drawdown Comparison

The maximum TSLR drawdown since its inception was -76.58%, roughly equal to the maximum TSLT drawdown of -73.98%. Use the drawdown chart below to compare losses from any high point for TSLR and TSLT. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.26%
-17.59%
TSLR
TSLT

Volatility

TSLR vs. TSLT - Volatility Comparison

GraniteShares 2x Long TSLA Daily ETF (TSLR) and T-Rex 2X Long Tesla Daily Target ETF (TSLT) have volatilities of 32.65% and 33.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
32.65%
33.15%
TSLR
TSLT
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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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