TSLT vs. BTDR
Compare and contrast key facts about T-Rex 2X Long Tesla Daily Target ETF (TSLT) and Bitdeer Technologies Group Class A Ordinary Shares (BTDR).
TSLT is an actively managed fund by T-Rex. It was launched on Oct 18, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLT or BTDR.
Correlation
The correlation between TSLT and BTDR is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TSLT vs. BTDR - Performance Comparison
Key characteristics
TSLT:
0.09
BTDR:
0.26
TSLT:
1.30
BTDR:
1.25
TSLT:
1.15
BTDR:
1.15
TSLT:
0.17
BTDR:
0.42
TSLT:
0.36
BTDR:
0.86
TSLT:
38.71%
BTDR:
35.43%
TSLT:
146.89%
BTDR:
119.59%
TSLT:
-83.11%
BTDR:
-79.52%
TSLT:
-80.89%
BTDR:
-71.72%
Returns By Period
In the year-to-date period, TSLT achieves a -72.25% return, which is significantly lower than BTDR's -65.94% return.
TSLT
-72.25%
-7.93%
-20.56%
20.25%
N/A
N/A
BTDR
-65.94%
-29.58%
-11.62%
36.16%
N/A
N/A
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Risk-Adjusted Performance
TSLT vs. BTDR — Risk-Adjusted Performance Rank
TSLT
BTDR
TSLT vs. BTDR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Tesla Daily Target ETF (TSLT) and Bitdeer Technologies Group Class A Ordinary Shares (BTDR). 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.
Dividends
TSLT vs. BTDR - Dividend Comparison
Neither TSLT nor BTDR has paid dividends to shareholders.
Drawdowns
TSLT vs. BTDR - Drawdown Comparison
The maximum TSLT drawdown since its inception was -83.11%, roughly equal to the maximum BTDR drawdown of -79.52%. Use the drawdown chart below to compare losses from any high point for TSLT and BTDR. For additional features, visit the drawdowns tool.
Volatility
TSLT vs. BTDR - Volatility Comparison
T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a higher volatility of 61.38% compared to Bitdeer Technologies Group Class A Ordinary Shares (BTDR) at 40.08%. This indicates that TSLT's price experiences larger fluctuations and is considered to be riskier than BTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.