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TSLS vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TSLS and VOO is -0.52. 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.


-0.50.00.51.0-0.5

Performance

TSLS vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily TSLA Bear 1X Shares (TSLS) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-66.16%
10.43%
TSLS
VOO

Key characteristics

Sharpe Ratio

TSLS:

-0.91

VOO:

2.22

Sortino Ratio

TSLS:

-1.29

VOO:

2.95

Omega Ratio

TSLS:

0.83

VOO:

1.42

Calmar Ratio

TSLS:

-0.66

VOO:

3.27

Martin Ratio

TSLS:

-1.47

VOO:

14.57

Ulcer Index

TSLS:

38.82%

VOO:

1.90%

Daily Std Dev

TSLS:

63.05%

VOO:

12.47%

Max Drawdown

TSLS:

-86.75%

VOO:

-33.99%

Current Drawdown

TSLS:

-85.39%

VOO:

-1.77%

Returns By Period

In the year-to-date period, TSLS achieves a -58.24% return, which is significantly lower than VOO's 26.92% return.


TSLS

YTD

-58.24%

1M

-20.27%

6M

-66.15%

1Y

-57.54%

5Y*

N/A

10Y*

N/A

VOO

YTD

26.92%

1M

0.27%

6M

10.43%

1Y

27.36%

5Y*

14.95%

10Y*

13.12%

Compare stocks, funds, or ETFs

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


TSLS vs. VOO - Expense Ratio Comparison

TSLS has a 1.07% expense ratio, which is higher than VOO's 0.03% expense ratio.


TSLS
Direxion Daily TSLA Bear 1X Shares
Expense ratio chart for TSLS: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

TSLS vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily TSLA Bear 1X Shares (TSLS) and Vanguard S&P 500 ETF (VOO). 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 TSLS, currently valued at -0.91, compared to the broader market0.002.004.00-0.912.22
The chart of Sortino ratio for TSLS, currently valued at -1.29, compared to the broader market-2.000.002.004.006.008.0010.00-1.292.95
The chart of Omega ratio for TSLS, currently valued at 0.83, compared to the broader market0.501.001.502.002.503.000.831.42
The chart of Calmar ratio for TSLS, currently valued at -0.66, compared to the broader market0.005.0010.0015.00-0.663.27
The chart of Martin ratio for TSLS, currently valued at -1.47, compared to the broader market0.0020.0040.0060.0080.00100.00-1.4714.57
TSLS
VOO

The current TSLS Sharpe Ratio is -0.91, which is lower than the VOO Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of TSLS and VOO, 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-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.91
2.22
TSLS
VOO

Dividends

TSLS vs. VOO - Dividend Comparison

TSLS's dividend yield for the trailing twelve months is around 8.08%, more than VOO's 1.23% yield.


TTM20232022202120202019201820172016201520142013
TSLS
Direxion Daily TSLA Bear 1X Shares
8.08%4.52%3.46%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.23%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

TSLS vs. VOO - Drawdown Comparison

The maximum TSLS drawdown since its inception was -86.75%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TSLS and VOO. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-85.39%
-1.77%
TSLS
VOO

Volatility

TSLS vs. VOO - Volatility Comparison

Direxion Daily TSLA Bear 1X Shares (TSLS) has a higher volatility of 17.02% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that TSLS's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
17.02%
3.78%
TSLS
VOO
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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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