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.
Key characteristics
| TSLT | BTDR | |
|---|---|---|
| YTD Return | 24.83% | 15.01% |
| 1Y Return | 61.76% | 185.64% |
| Sharpe Ratio | 0.56 | 1.73 |
| Sortino Ratio | 1.68 | 2.60 |
| Omega Ratio | 1.20 | 1.30 |
| Calmar Ratio | 0.93 | 3.00 |
| Martin Ratio | 1.45 | 5.15 |
| Ulcer Index | 47.25% | 42.93% |
| Daily Std Dev | 121.75% | 127.76% |
| Max Drawdown | -73.98% | -79.52% |
| Current Drawdown | 0.00% | -20.75% |
Correlation
The correlation between TSLT and BTDR is 0.27, 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
In the year-to-date period, TSLT achieves a 24.83% return, which is significantly higher than BTDR's 15.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 -73.98%, smaller than 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 49.92% compared to Bitdeer Technologies Group Class A Ordinary Shares (BTDR) at 41.36%. 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.