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

Correlation

The correlation between TSLR and TSLZ is -1.00. 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.


-0.50.00.51.0-1.0

Performance

TSLR vs. TSLZ - 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 Inverse Tesla Daily Target ETF (TSLZ). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
118.57%
-92.37%
TSLR
TSLZ

Key characteristics

Sharpe Ratio

TSLR:

0.68

TSLZ:

-0.71

Sortino Ratio

TSLR:

1.81

TSLZ:

-1.40

Omega Ratio

TSLR:

1.22

TSLZ:

0.82

Calmar Ratio

TSLR:

1.12

TSLZ:

-0.93

Martin Ratio

TSLR:

1.92

TSLZ:

-1.50

Ulcer Index

TSLR:

44.64%

TSLZ:

59.88%

Daily Std Dev

TSLR:

125.62%

TSLZ:

125.80%

Max Drawdown

TSLR:

-76.58%

TSLZ:

-96.69%

Current Drawdown

TSLR:

-23.81%

TSLZ:

-95.86%

Returns By Period

In the year-to-date period, TSLR achieves a 84.70% return, which is significantly higher than TSLZ's -89.39% return.


TSLR

YTD

84.70%

1M

48.00%

6M

298.58%

1Y

79.32%

5Y*

N/A

10Y*

N/A

TSLZ

YTD

-89.39%

1M

-41.22%

6M

-91.64%

1Y

-89.11%

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. TSLZ - Expense Ratio Comparison

TSLR has a 1.50% expense ratio, which is higher than TSLZ'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 TSLZ: 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. TSLZ - 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 Inverse Tesla Daily Target ETF (TSLZ). 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 market0.002.004.000.68-0.71
The chart of Sortino ratio for TSLR, currently valued at 1.81, compared to the broader market-2.000.002.004.006.008.0010.001.81-1.40
The chart of Omega ratio for TSLR, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.220.82
The chart of Calmar ratio for TSLR, currently valued at 1.18, compared to the broader market0.005.0010.0015.001.18-0.93
The chart of Martin ratio for TSLR, currently valued at 1.92, compared to the broader market0.0020.0040.0060.0080.00100.001.92-1.50
TSLR
TSLZ

The current TSLR Sharpe Ratio is 0.68, which is higher than the TSLZ Sharpe Ratio of -0.71. The chart below compares the historical Sharpe Ratios of TSLR and TSLZ, 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-0.500.000.501.00Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
0.68
-0.71
TSLR
TSLZ

Dividends

TSLR vs. TSLZ - Dividend Comparison

TSLR has not paid dividends to shareholders, while TSLZ's dividend yield for the trailing twelve months is around 114.48%.


TTM2023
TSLR
GraniteShares 2x Long TSLA Daily ETF
0.00%0.00%
TSLZ
T-Rex 2X Inverse Tesla Daily Target ETF
114.48%12.14%

Drawdowns

TSLR vs. TSLZ - Drawdown Comparison

The maximum TSLR drawdown since its inception was -76.58%, smaller than the maximum TSLZ drawdown of -96.69%. Use the drawdown chart below to compare losses from any high point for TSLR and TSLZ. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-23.81%
-95.86%
TSLR
TSLZ

Volatility

TSLR vs. TSLZ - Volatility Comparison

GraniteShares 2x Long TSLA Daily ETF (TSLR) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) have volatilities of 33.98% and 33.67%, 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%70.00%JulyAugustSeptemberOctoberNovemberDecember
33.98%
33.67%
TSLR
TSLZ
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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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