TSLT vs. SMH
Compare and contrast key facts about T-Rex 2X Long Tesla Daily Target ETF (TSLT) and VanEck Vectors Semiconductor ETF (SMH).
TSLT and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLT is an actively managed fund by T-Rex. It was launched on Oct 18, 2023. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLT or SMH.
Key characteristics
| TSLT | SMH | |
|---|---|---|
| YTD Return | 9.20% | 44.03% |
| 1Y Return | 30.37% | 62.09% |
| Sharpe Ratio | 0.34 | 1.78 |
| Sortino Ratio | 1.43 | 2.29 |
| Omega Ratio | 1.17 | 1.30 |
| Calmar Ratio | 0.56 | 2.46 |
| Martin Ratio | 0.88 | 6.77 |
| Ulcer Index | 47.26% | 9.02% |
| Daily Std Dev | 122.20% | 34.35% |
| Max Drawdown | -73.98% | -95.73% |
| Current Drawdown | -12.52% | -10.46% |
Correlation
The correlation between TSLT and SMH is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TSLT vs. SMH - Performance Comparison
In the year-to-date period, TSLT achieves a 9.20% return, which is significantly lower than SMH's 44.03% 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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TSLT vs. SMH - Expense Ratio Comparison
TSLT has a 1.05% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
TSLT vs. SMH - 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 VanEck Vectors Semiconductor ETF (SMH). 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. SMH - Dividend Comparison
TSLT has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.41%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SMH VanEck Vectors Semiconductor ETF | 0.41% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
TSLT vs. SMH - Drawdown Comparison
The maximum TSLT drawdown since its inception was -73.98%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for TSLT and SMH. For additional features, visit the drawdowns tool.
Volatility
TSLT vs. SMH - Volatility Comparison
T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a higher volatility of 52.86% compared to VanEck Vectors Semiconductor ETF (SMH) at 9.39%. This indicates that TSLT's price experiences larger fluctuations and is considered to be riskier than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.