TSLT vs. CRWU

Last updated Aug 2, 2026

TSLT (T-Rex 2X Long Tesla Daily Target ETF) and CRWU (T-REX 2X Long CRWV Daily Target ETF) are both Leveraged Equities funds from T-Rex. TSLT is passively managed, while CRWU is actively managed. Over the past year, TSLT returned -27.14% vs -83.81% for CRWU. Their 0.31 correlation means their historical movements had little consistent relationship. TSLT charges 1.05%/yr vs 1.50%/yr for CRWU.

Performance

TSLT vs. CRWU - 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 T-REX 2X Long CRWV Daily Target ETF (CRWU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSLT achieves a -61.81% return, which is significantly lower than CRWU's -45.03% return.

TSLT

• 1D: 1.29%
• 1M: -40.70%
• 6M: -57.20%
• YTD: -61.81%
• 1Y: -27.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -23.82%

CRWU

• 1D: -5.95%
• 1M: -30.53%
• 6M: -65.39%
• YTD: -45.03%
• 1Y: -83.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -87.28%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CRWU T-REX 2X Long CRWV Daily Target ETF	$23.19M	$20.12M	$19.78M
TSLT T-Rex 2X Long Tesla Daily Target ETF	$37.83M	$41.41M	$54.11M

TSLT vs. CRWU - Yearly Performance Comparison

	2026 (YTD)	2025
TSLT T-Rex 2X Long Tesla Daily Target ETF	-61.81%	86.39%
CRWU T-REX 2X Long CRWV Daily Target ETF	-45.03%	-77.60%

Correlation

The correlation between TSLT and CRWU is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.31

Return for Risk

TSLT vs. CRWU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TSLT

TSLT Risk / Return Rank: 8
TSLT Sharpe Ratio Rank: 7
TSLT Sortino Ratio Rank: 11
TSLT Omega Ratio Rank: 10
TSLT Calmar Ratio Rank: 6
TSLT Martin Ratio Rank: 5

CRWU

CRWU Risk / Return Rank: 5
CRWU Sharpe Ratio Rank: 6
CRWU Sortino Ratio Rank: 8
CRWU Omega Ratio Rank: 8
CRWU Calmar Ratio Rank: 1
CRWU Martin Ratio Rank: 3

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TSLT vs. CRWU - 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 T-REX 2X Long CRWV Daily Target ETF (CRWU). 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	CRWU	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	-0.45	+0.12
Sortino ratio: Return per unit of downside risk	0.12	-0.11	+0.23
Omega ratio: Gain probability vs. loss probability	1.01	0.99	+0.03
Calmar ratio: Return relative to maximum drawdown	-0.43	-0.92	+0.50
Martin ratio: Return relative to average drawdown	-0.94	-1.20	+0.26

TSLT vs. CRWU - Sharpe Ratio Comparison

The current TSLT Sharpe Ratio is -0.33, which is comparable to the CRWU Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of TSLT and CRWU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSLT vs. CRWU - Drawdown Comparison

The maximum TSLT drawdown since its inception was -83.16%, smaller than the maximum CRWU drawdown of -93.88%. Use the drawdown chart below to compare losses from any high point for TSLT and CRWU.

Drawdown Indicators

	TSLT	CRWU	Difference
Max Drawdown Largest peak-to-trough decline	-83.16%	-93.88%	+10.72%
Max Drawdown (1Y) Largest decline over 1 year	-70.65%	-93.88%	+23.23%
Current Drawdown Current decline from peak	-81.45%	-91.79%	+10.34%
Average Drawdown Average peak-to-trough decline	-51.45%	-68.42%	+16.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.01%	72.23%	-40.22%

Volatility

TSLT vs. CRWU - Volatility Comparison

The current volatility for T-Rex 2X Long Tesla Daily Target ETF (TSLT) is 43.62%, while T-REX 2X Long CRWV Daily Target ETF (CRWU) has a volatility of 62.12%. This indicates that TSLT experiences smaller price fluctuations and is considered to be less risky than CRWU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLT	CRWU	Difference
Volatility (1M) Calculated over the trailing 1-month period	43.62%	62.12%	-18.50%
Volatility (6M) Calculated over the trailing 6-month period	70.67%	138.63%	-67.96%
Volatility (1Y) Calculated over the trailing 1-year period	92.45%	194.05%	-101.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	117.71%	193.12%	-75.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	117.71%	193.12%	-75.41%

TSLT vs. CRWU - Expense Ratio Comparison

TSLT has a 1.05% expense ratio, which is lower than CRWU's 1.50% expense ratio.

Dividends

TSLT vs. CRWU - Dividend Comparison

TSLT has not paid dividends to shareholders, while CRWU's dividend yield for the trailing twelve months is around 15.48%.

Position	TTM	2025
CRWU T-REX 2X Long CRWV Daily Target ETF	15.48%	8.51%
TSLT T-Rex 2X Long Tesla Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSLT and CRWU in my portfolio?

TSLT and CRWU have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSLT or CRWU?

CRWU has higher volatility (62.12%) compared to TSLT (43.62%). In terms of maximum drawdown, TSLT dropped -83.16% vs CRWU's -93.88%.

Which ETF is better, TSLT or CRWU?

On 1-year performance, TSLT leads with -27.14% vs -83.81% for CRWU. On fees, TSLT is cheaper at 1.05% per year. On volatility, TSLT has been the lower-risk option at 43.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSLT or CRWU?

Over the 1-year period, TSLT has performed better with a -27.14% return vs -83.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSLT or CRWU?

TSLT is cheaper with a 1.05% expense ratio, compared with 1.50% for CRWU.

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

CRWU has the higher dividend yield at 15.48%, compared with 0.00% for TSLT.

What is the main difference between TSLT and CRWU?

Their fees differ too: 1.05% for TSLT and 1.50% for CRWU.

Which has better risk-adjusted returns?

TSLT currently has the higher Sharpe Ratio (-0.33 vs -0.45), 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.