TSLT vs. BTDR
TSLT (T-Rex 2X Long Tesla Daily Target ETF) is Leveraged Equities fund tracking the Tesla, Inc. (200%), while BTDR (Bitdeer Technologies Group Class A Ordinary Shares) is a stock. Over the past year, TSLT returned -27.14% vs -13.13% for BTDR. Their 0.36 correlation means their historical movements had little consistent relationship.
Performance
TSLT vs. BTDR - Performance Comparison
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Returns By Period
In the year-to-date period, TSLT achieves a -61.81% return, which is significantly lower than BTDR's -6.16% return.
TSLT
- 1D
- 1.29%
- 1M
- -40.70%
- 6M
- -57.20%
- YTD
- -61.81%
- 1Y
- -27.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -23.82%
BTDR
- 1D
- -5.23%
- 1M
- -24.04%
- 6M
- -19.33%
- YTD
- -6.16%
- 1Y
- -13.13%
- 3Y*
- 1.04%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 7.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $108.63M | $113.17M | $152.56M | |
| $37.83M | $41.41M | $54.11M |
TSLT vs. BTDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLT T-Rex 2X Long Tesla Daily Target ETF | -61.81% | -29.49% | 54.17% | 13.02% |
BTDR Bitdeer Technologies Group Class A Ordinary Shares | -6.16% | -48.27% | 119.78% | 177.75% |
Correlation
The correlation between TSLT and BTDR is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | 0.36 |
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Return for Risk
TSLT vs. BTDR — Risk / Return Rank
TSLT
BTDR
TSLT vs. BTDR - 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 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.
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 | BTDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.06 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.26 | -0.17 |
| Martin ratioReturn relative to average drawdown | -0.94 | -0.40 | -0.54 |
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Drawdowns
TSLT vs. BTDR - Drawdown Comparison
The maximum TSLT drawdown since its inception was -83.16%, 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.
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Drawdown Indicators
| TSLT | BTDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.16% | -79.52% | -3.64% |
Max Drawdown (1Y)Largest decline over 1 year | -70.65% | -71.89% | +1.24% |
Max Drawdown (3Y)Largest decline over 3 years | — | -79.52% | — |
Current DrawdownCurrent decline from peak | -81.45% | -59.69% | -21.76% |
Average DrawdownAverage peak-to-trough decline | -51.45% | -43.75% | -7.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.01% | 45.88% | -13.87% |
Volatility
TSLT vs. BTDR - Volatility Comparison
T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a higher volatility of 43.62% compared to Bitdeer Technologies Group Class A Ordinary Shares (BTDR) at 41.08%. 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.
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Volatility by Period
| TSLT | BTDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 43.62% | 41.08% | +2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 70.67% | 75.95% | -5.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.45% | 106.42% | -13.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 117.71% | 123.24% | -5.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.71% | 123.24% | -5.53% |
Dividends
TSLT vs. BTDR - Dividend Comparison
Neither TSLT nor BTDR has paid dividends to shareholders.
Frequently Asked Questions
TSLT and BTDR have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLT has higher volatility (43.62%) compared to BTDR (41.08%). In terms of maximum drawdown, TSLT dropped -83.16% vs BTDR's -79.52%.
BTDR currently has the higher Sharpe Ratio (-0.17 vs -0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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