TSLS vs. TSLZ

In the year-to-date period, TSLS achieves a -2.15% return, which is significantly higher than TSLZ's -30.52% return.

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TSLS has a 1.07% expense ratio, which is higher than TSLZ's 1.05% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bear 1X Shares (TSLS) 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.

The current TSLS Sharpe Ratio is -0.93, which is lower than the TSLZ Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of TSLS 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.

TSLS's dividend yield for the trailing twelve months is around 5.74%, more than TSLZ's 3.01% yield.

The maximum TSLS drawdown since its inception was -86.75%, smaller than the maximum TSLZ drawdown of -96.96%. Use the drawdown chart below to compare losses from any high point for TSLS and TSLZ. For additional features, visit the drawdowns tool.

The current volatility for Direxion Daily TSLA Bear 1X Shares (TSLS) is 18.39%, while T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) has a volatility of 37.79%. This indicates that TSLS experiences smaller price fluctuations and is considered to be less risky than TSLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.