PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TSLT vs. NVDA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TSLT and NVDA is 0.23, 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.


-0.50.00.51.00.2

Performance

TSLT vs. NVDA - 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 NVIDIA Corporation (NVDA). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
103.90%
220.04%
TSLT
NVDA

Key characteristics

Sharpe Ratio

TSLT:

0.56

NVDA:

3.44

Sortino Ratio

TSLT:

1.69

NVDA:

3.64

Omega Ratio

TSLT:

1.20

NVDA:

1.46

Calmar Ratio

TSLT:

0.96

NVDA:

6.66

Martin Ratio

TSLT:

1.50

NVDA:

20.59

Ulcer Index

TSLT:

47.34%

NVDA:

8.74%

Daily Std Dev

TSLT:

125.62%

NVDA:

52.29%

Max Drawdown

TSLT:

-73.98%

NVDA:

-89.73%

Current Drawdown

TSLT:

-24.15%

NVDA:

-9.52%

Returns By Period

In the year-to-date period, TSLT achieves a 69.76% return, which is significantly lower than NVDA's 172.06% return.


TSLT

YTD

69.76%

1M

46.92%

6M

283.36%

1Y

63.89%

5Y*

N/A

10Y*

N/A

NVDA

YTD

172.06%

1M

-7.66%

6M

6.44%

1Y

175.01%

5Y*

86.75%

10Y*

75.35%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TSLT vs. NVDA - 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 NVIDIA Corporation (NVDA). 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.


Sharpe ratio
The chart of Sharpe ratio for TSLT, currently valued at 0.56, compared to the broader market0.002.004.000.563.44
The chart of Sortino ratio for TSLT, currently valued at 1.69, compared to the broader market-2.000.002.004.006.008.0010.001.693.64
The chart of Omega ratio for TSLT, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.46
The chart of Calmar ratio for TSLT, currently valued at 0.96, compared to the broader market0.005.0010.0015.000.966.66
The chart of Martin ratio for TSLT, currently valued at 1.50, compared to the broader market0.0020.0040.0060.0080.00100.001.5020.59
TSLT
NVDA

The current TSLT Sharpe Ratio is 0.56, which is lower than the NVDA Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of TSLT and NVDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
0.56
3.44
TSLT
NVDA

Dividends

TSLT vs. NVDA - Dividend Comparison

TSLT has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.


TTM20232022202120202019201820172016201520142013
TSLT
T-Rex 2X Long Tesla Daily Target ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%1.94%

Drawdowns

TSLT vs. NVDA - Drawdown Comparison

The maximum TSLT drawdown since its inception was -73.98%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for TSLT and NVDA. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.15%
-9.52%
TSLT
NVDA

Volatility

TSLT vs. NVDA - Volatility Comparison

T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a higher volatility of 34.51% compared to NVIDIA Corporation (NVDA) at 10.07%. This indicates that TSLT's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
34.51%
10.07%
TSLT
NVDA
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab