TSLT vs. SOXL

In the year-to-date period, TSLT achieves a -46.49% return, which is significantly lower than SOXL's -40.61% return.

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

TSLT has a 1.05% expense ratio, which is higher than SOXL's 0.99% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Tesla Daily Target ETF (TSLT) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). 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.

The current TSLT Sharpe Ratio is 0.65, which is higher than the SOXL Sharpe Ratio of -0.52. The chart below compares the historical Sharpe Ratios of TSLT and SOXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

TSLT has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 2.17%.

The maximum TSLT drawdown since its inception was -83.16%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TSLT and SOXL.

T-Rex 2X Long Tesla Daily Target ETF (TSLT) and Direxion Daily Semiconductor Bull 3x Shares (SOXL) have volatilities of 27.98% and 28.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.