TSLS vs. TSDD

In the year-to-date period, TSLS achieves a -6.16% return, which is significantly higher than TSDD's -34.79% return.

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TSLS has a 1.07% expense ratio, which is lower than TSDD's 1.50% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bear 1X Shares (TSLS) 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 TSLS Sharpe Ratio is -0.93, which is lower than the TSDD Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of TSLS 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.

TSLS's dividend yield for the trailing twelve months is around 5.99%, while TSDD has not paid dividends to shareholders.

The maximum TSLS drawdown since its inception was -86.75%, smaller than the maximum TSDD drawdown of -97.03%. Use the drawdown chart below to compare losses from any high point for TSLS and TSDD. For additional features, visit the drawdowns tool.

The current volatility for Direxion Daily TSLA Bear 1X Shares (TSLS) is 18.52%, while GraniteShares 2x Short TSLA Daily ETF (TSDD) has a volatility of 37.48%. This indicates that TSLS 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.