TSLT vs. UST
Compare and contrast key facts about T-Rex 2X Long Tesla Daily Target ETF (TSLT) and ProShares Ultra 7-10 Year Treasury (UST).
TSLT and UST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLT is an actively managed fund by T-Rex. It was launched on Oct 18, 2023. UST is a passively managed fund by ProShares that tracks the performance of the Barclays Capital U.S. 7-10 Year Treasury Index (200%). It was launched on Jan 19, 2010.
Performance
TSLT vs. UST - Performance Comparison
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TSLT vs. UST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLT T-Rex 2X Long Tesla Daily Target ETF | -36.32% | -29.49% | 54.17% | 20.11% |
UST ProShares Ultra 7-10 Year Treasury | -1.20% | 10.26% | -6.19% | 18.06% |
Returns By Period
In the year-to-date period, TSLT achieves a -36.32% return, which is significantly lower than UST's -1.20% return.
TSLT
- 1D
- 9.18%
- 1M
- -16.84%
- YTD
- -36.32%
- 6M
- -40.73%
- 1Y
- 30.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UST
- 1D
- 0.28%
- 1M
- -4.94%
- YTD
- -1.20%
- 6M
- -0.56%
- 1Y
- 3.14%
- 3Y*
- -1.11%
- 5Y*
- -5.94%
- 10Y*
- -1.81%
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TSLT vs. UST - Expense Ratio Comparison
TSLT has a 1.05% expense ratio, which is higher than UST's 0.95% expense ratio.
Return for Risk
TSLT vs. UST — Risk / Return Rank
TSLT
UST
TSLT vs. UST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Tesla Daily Target ETF (TSLT) and ProShares Ultra 7-10 Year Treasury (UST). 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.
| TSLT | UST | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.28 | 0.28 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.21 | 0.46 | +0.74 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.06 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.50 | 0.44 | +0.06 |
Martin ratioReturn relative to average drawdown | 1.06 | 1.00 | +0.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TSLT | UST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | 0.28 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.39 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.14 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | 0.20 | -0.26 |
Correlation
The correlation between TSLT and UST is 0.03, 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.
Dividends
TSLT vs. UST - Dividend Comparison
TSLT has not paid dividends to shareholders, while UST's dividend yield for the trailing twelve months is around 3.43%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
UST ProShares Ultra 7-10 Year Treasury | 3.43% | 3.65% | 4.09% | 3.49% | 0.47% | 0.27% | 0.53% | 1.42% | 1.71% | 0.84% | 0.64% | 0.75% |
Drawdowns
TSLT vs. UST - Drawdown Comparison
The maximum TSLT drawdown since its inception was -83.16%, which is greater than UST's maximum drawdown of -47.99%. Use the drawdown chart below to compare losses from any high point for TSLT and UST.
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Drawdown Indicators
| TSLT | UST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.16% | -47.99% | -35.17% |
Max Drawdown (1Y)Largest decline over 1 year | -51.40% | -8.44% | -42.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.99% | — |
Current DrawdownCurrent decline from peak | -69.07% | -37.26% | -31.81% |
Average DrawdownAverage peak-to-trough decline | -49.13% | -14.88% | -34.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.16% | 3.68% | +20.48% |
Volatility
TSLT vs. UST - Volatility Comparison
T-Rex 2X Long Tesla Daily Target ETF (TSLT) has a higher volatility of 22.37% compared to ProShares Ultra 7-10 Year Treasury (UST) at 3.75%. This indicates that TSLT's price experiences larger fluctuations and is considered to be riskier than UST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLT | UST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.37% | 3.75% | +18.62% |
Volatility (6M)Calculated over the trailing 6-month period | 59.16% | 6.39% | +52.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 110.56% | 11.29% | +99.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 119.13% | 15.46% | +103.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 119.13% | 13.19% | +105.94% |