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

Correlation

The correlation between TSLT and TSLX 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. TSLX - 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 Sixth Street Specialty Lending, Inc. (TSLX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TSLT:

0.65

TSLX:

1.01

Sortino Ratio

TSLT:

1.90

TSLX:

1.55

Omega Ratio

TSLT:

1.23

TSLX:

1.22

Calmar Ratio

TSLT:

1.16

TSLX:

1.15

Martin Ratio

TSLT:

2.14

TSLX:

4.15

Ulcer Index

TSLT:

45.13%

TSLX:

4.62%

Daily Std Dev

TSLT:

144.40%

TSLX:

17.73%

Max Drawdown

TSLT:

-83.16%

TSLX:

-50.27%

Current Drawdown

TSLT:

-63.14%

TSLX:

0.00%

Returns By Period

In the year-to-date period, TSLT achieves a -46.49% return, which is significantly lower than TSLX's 12.31% return.


TSLT

YTD

-46.49%

1M

47.10%

6M

-30.30%

1Y

93.79%

3Y*

N/A

5Y*

N/A

10Y*

N/A

TSLX

YTD

12.31%

1M

13.57%

6M

13.82%

1Y

16.61%

3Y*

15.95%

5Y*

18.12%

10Y*

14.23%

*Annualized

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Risk-Adjusted Performance

TSLT vs. TSLX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSLT
The Risk-Adjusted Performance Rank of TSLT is 7272
Overall Rank
The Sharpe Ratio Rank of TSLT is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of TSLT is 8686
Sortino Ratio Rank
The Omega Ratio Rank of TSLT is 8282
Omega Ratio Rank
The Calmar Ratio Rank of TSLT is 8383
Calmar Ratio Rank
The Martin Ratio Rank of TSLT is 5555
Martin Ratio Rank

TSLX
The Risk-Adjusted Performance Rank of TSLX is 8181
Overall Rank
The Sharpe Ratio Rank of TSLX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of TSLX is 7878
Sortino Ratio Rank
The Omega Ratio Rank of TSLX is 7878
Omega Ratio Rank
The Calmar Ratio Rank of TSLX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of TSLX is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TSLT vs. TSLX - 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 Sixth Street Specialty Lending, Inc. (TSLX). 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 lower than the TSLX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of TSLT and TSLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

TSLT vs. TSLX - Dividend Comparison

TSLT has not paid dividends to shareholders, while TSLX's dividend yield for the trailing twelve months is around 8.93%.


TTM20242023202220212020201920182017201620152014
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%
TSLX
Sixth Street Specialty Lending, Inc.
8.93%11.97%9.72%10.34%15.35%11.08%8.43%9.84%10.81%8.35%9.62%9.10%

Drawdowns

TSLT vs. TSLX - Drawdown Comparison

The maximum TSLT drawdown since its inception was -83.16%, which is greater than TSLX's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for TSLT and TSLX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

TSLT vs. TSLX - Volatility Comparison

T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a higher volatility of 27.98% compared to Sixth Street Specialty Lending, Inc. (TSLX) at 5.12%. This indicates that TSLT's price experiences larger fluctuations and is considered to be riskier than TSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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