TSLT vs. TSLX
Compare and contrast key facts about T-Rex 2X Long Tesla Daily Target ETF (TSLT) and Sixth Street Specialty Lending, Inc. (TSLX).
TSLT is an actively managed fund by T-Rex. It was launched on Oct 18, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLT or TSLX.
Correlation
The correlation between TSLT and TSLX is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TSLT vs. TSLX - Performance Comparison
Key characteristics
TSLT:
0.64
TSLX:
1.27
TSLT:
1.81
TSLX:
1.80
TSLT:
1.21
TSLX:
1.23
TSLT:
1.10
TSLX:
1.99
TSLT:
2.70
TSLX:
5.90
TSLT:
30.20%
TSLX:
2.91%
TSLT:
127.95%
TSLX:
13.53%
TSLT:
-73.98%
TSLX:
-50.27%
TSLT:
-50.26%
TSLX:
-0.22%
Returns By Period
In the year-to-date period, TSLT achieves a -27.80% return, which is significantly lower than TSLX's 8.31% return.
TSLT
-27.80%
-32.50%
112.67%
91.93%
N/A
N/A
TSLX
8.31%
4.82%
16.28%
17.11%
13.08%
14.36%
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. TSLX — Risk-Adjusted Performance Rank
TSLT
TSLX
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.
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 9.06%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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. | 9.06% | 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 -73.98%, 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. For additional features, visit the drawdowns tool.
Volatility
TSLT vs. TSLX - Volatility Comparison
T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a higher volatility of 24.93% compared to Sixth Street Specialty Lending, Inc. (TSLX) at 3.36%. 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.