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TSLT vs. TSLA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TSLT and TSLA is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

TSLT vs. TSLA - 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 Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
103.90%
91.30%
TSLT
TSLA

Key characteristics

Sharpe Ratio

TSLT:

0.56

TSLA:

1.12

Sortino Ratio

TSLT:

1.69

TSLA:

1.90

Omega Ratio

TSLT:

1.20

TSLA:

1.23

Calmar Ratio

TSLT:

0.96

TSLA:

1.08

Martin Ratio

TSLT:

1.50

TSLA:

3.07

Ulcer Index

TSLT:

47.34%

TSLA:

22.90%

Daily Std Dev

TSLT:

125.62%

TSLA:

62.85%

Max Drawdown

TSLT:

-73.98%

TSLA:

-73.63%

Current Drawdown

TSLT:

-24.15%

TSLA:

-12.25%

Returns By Period

The year-to-date returns for both stocks are quite close, with TSLT having a 69.76% return and TSLA slightly lower at 69.45%.


TSLT

YTD

69.76%

1M

46.92%

6M

283.36%

1Y

63.89%

5Y*

N/A

10Y*

N/A

TSLA

YTD

69.45%

1M

23.97%

6M

130.07%

1Y

66.73%

5Y*

72.25%

10Y*

39.86%

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. TSLA - 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 Tesla, Inc. (TSLA). 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 market0.002.004.000.561.12
The chart of Sortino ratio for TSLT, currently valued at 1.69, compared to the broader market-2.000.002.004.006.008.0010.001.691.90
The chart of Omega ratio for TSLT, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.23
The chart of Calmar ratio for TSLT, currently valued at 0.96, compared to the broader market0.005.0010.0015.000.961.54
The chart of Martin ratio for TSLT, currently valued at 1.50, compared to the broader market0.0020.0040.0060.0080.00100.001.503.07
TSLT
TSLA

The current TSLT Sharpe Ratio is 0.56, which is lower than the TSLA Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of TSLT and TSLA, 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 Ratio0.000.501.001.50Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
0.56
1.12
TSLT
TSLA

Dividends

TSLT vs. TSLA - Dividend Comparison

Neither TSLT nor TSLA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

TSLT vs. TSLA - Drawdown Comparison

The maximum TSLT drawdown since its inception was -73.98%, roughly equal to the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for TSLT and TSLA. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.15%
-12.25%
TSLT
TSLA

Volatility

TSLT vs. TSLA - Volatility Comparison

T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a higher volatility of 34.51% compared to Tesla, Inc. (TSLA) at 17.10%. This indicates that TSLT's price experiences larger fluctuations and is considered to be riskier than TSLA 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%
17.10%
TSLT
TSLA
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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.

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