TSLT vs. BEG

Last updated Jun 24, 2026

TSLT (T-Rex 2X Long Tesla Daily Target ETF) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. TSLT charges 1.05%/yr vs 0.75%/yr for BEG.

Performance

TSLT vs. BEG - Performance Comparison

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

Returns By Period

In the year-to-date period, TSLT achieves a -38.04% return, which is significantly lower than BEG's 658.88% return.

TSLT

• 1D: -11.45%
• 1M: -22.15%
• YTD: -38.04%
• 6M: -47.16%
• 1Y: -15.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEG

• 1D: -13.66%
• 1M: 4.00%
• YTD: 658.88%
• 6M: 577.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TSLT vs. BEG - Yearly Performance Comparison

	2026 (YTD)	2025
TSLT T-Rex 2X Long Tesla Daily Target ETF	-38.04%	-11.70%
BEG Leverage Shares 2X Long BE Daily ETF	658.88%	1.77%

Correlation

The correlation between TSLT and BEG is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025	0.36

Return for Risk

TSLT vs. BEG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSLT

TSLT Risk / Return Rank: 8
TSLT Sharpe Ratio Rank: 7
TSLT Sortino Ratio Rank: 10
TSLT Omega Ratio Rank: 10
TSLT Calmar Ratio Rank: 6
TSLT Martin Ratio Rank: 6

BEG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSLT vs. BEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Tesla Daily Target ETF (TSLT) and Leverage Shares 2X Long BE Daily ETF (BEG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TSLT	BEG	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	—	—
Sortino ratio: Return per unit of downside risk	0.35	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	-0.28	—	—
Martin ratio: Return relative to average drawdown	-0.55	—	—

Drawdowns

TSLT vs. BEG - Drawdown Comparison

The maximum TSLT drawdown since its inception was -83.16%, which is greater than BEG's maximum drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for TSLT and BEG.

Drawdown Indicators

	TSLT	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-83.16%	-59.85%	-23.31%
Max Drawdown (1Y) Largest decline over 1 year	-55.08%	—	—
Current Drawdown Current decline from peak	-69.90%	-13.66%	-56.24%
Average Drawdown Average peak-to-trough decline	-50.62%	-16.74%	-33.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.13%	—	—

Volatility

Volatility by Period

	TSLT	BEG	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	56.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	88.95%	212.91%	-123.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	116.87%	212.91%	-96.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	116.87%	212.91%	-96.04%

TSLT vs. BEG - Expense Ratio Comparison

TSLT has a 1.05% expense ratio, which is higher than BEG's 0.75% expense ratio.

Dividends

TSLT vs. BEG - Dividend Comparison

Neither TSLT nor BEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TSLT and BEG in my portfolio?

TSLT and BEG have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSLT or BEG?

On fees, BEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLT or BEG?

BEG is cheaper with a 0.75% expense ratio, compared with 1.05% for TSLT.

Which ETF pays a higher dividend yield, TSLT or BEG?

TSLT and BEG have nearly identical dividend yields, around 0.00%.

What is the main difference between TSLT and BEG?

They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.05% for TSLT and 0.75% for BEG.