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

Correlation

The correlation between TSLT and TSLL 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. TSLL - 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 Direxion Daily TSLA Bull 1.5X Shares (TSLL). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
103.90%
157.24%
TSLT
TSLL

Key characteristics

Sharpe Ratio

TSLT:

0.56

TSLL:

1.00

Sortino Ratio

TSLT:

1.69

TSLL:

2.09

Omega Ratio

TSLT:

1.20

TSLL:

1.25

Calmar Ratio

TSLT:

0.96

TSLL:

1.52

Martin Ratio

TSLT:

1.50

TSLL:

3.29

Ulcer Index

TSLT:

47.34%

TSLL:

36.89%

Daily Std Dev

TSLT:

125.62%

TSLL:

121.41%

Max Drawdown

TSLT:

-73.98%

TSLL:

-81.21%

Current Drawdown

TSLT:

-24.15%

TSLL:

-23.97%

Returns By Period

In the year-to-date period, TSLT achieves a 69.76% return, which is significantly lower than TSLL's 120.02% return.


TSLT

YTD

69.76%

1M

46.92%

6M

283.36%

1Y

63.89%

5Y*

N/A

10Y*

N/A

TSLL

YTD

120.02%

1M

47.71%

6M

292.55%

1Y

114.49%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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


TSLT vs. TSLL - Expense Ratio Comparison

TSLT has a 1.05% expense ratio, which is lower than TSLL's 1.08% expense ratio.


TSLL
Direxion Daily TSLA Bull 1.5X Shares
Expense ratio chart for TSLL: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for TSLT: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%

Risk-Adjusted Performance

TSLT vs. TSLL - 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 Direxion Daily TSLA Bull 1.5X Shares (TSLL). 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 market0.002.004.000.561.00
The chart of Sortino ratio for TSLT, currently valued at 1.69, compared to the broader market-2.000.002.004.006.008.0010.001.692.09
The chart of Omega ratio for TSLT, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.25
The chart of Calmar ratio for TSLT, currently valued at 0.96, compared to the broader market0.005.0010.0015.000.961.83
The chart of Martin ratio for TSLT, currently valued at 1.50, compared to the broader market0.0020.0040.0060.0080.00100.001.503.29
TSLT
TSLL

The current TSLT Sharpe Ratio is 0.56, which is lower than the TSLL Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of TSLT and TSLL, 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
1.00
TSLT
TSLL

Dividends

TSLT vs. TSLL - Dividend Comparison

TSLT has not paid dividends to shareholders, while TSLL's dividend yield for the trailing twelve months is around 1.77%.


TTM20232022
TSLT
T-Rex 2X Long Tesla Daily Target ETF
0.00%0.00%0.00%
TSLL
Direxion Daily TSLA Bull 1.5X Shares
1.77%4.43%1.58%

Drawdowns

TSLT vs. TSLL - Drawdown Comparison

The maximum TSLT drawdown since its inception was -73.98%, smaller than the maximum TSLL drawdown of -81.21%. Use the drawdown chart below to compare losses from any high point for TSLT and TSLL. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.15%
-23.97%
TSLT
TSLL

Volatility

TSLT vs. TSLL - Volatility Comparison

T-Rex 2X Long Tesla Daily Target ETF (TSLT) and Direxion Daily TSLA Bull 1.5X Shares (TSLL) have volatilities of 34.51% and 34.36%, 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.


20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
34.51%
34.36%
TSLT
TSLL
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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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