TSLTX vs. TSLL
TSLTX (Transamerica Small Cap Value) and TSLL (Direxion Daily TSLA Bull 2X ETF) are both funds - TSLTX is a Small Cap Value Equities fund managed by Transamerica, while TSLL is a Leveraged Equities fund actively managed by Direxion. Over the past 3 years, TSLTX returned 15.92%/yr vs -20.90%/yr for TSLL. Their 0.43 correlation means their historical movements had little consistent relationship. TSLTX charges 0.80%/yr vs 0.83%/yr for TSLL.
Performance
TSLTX vs. TSLL - Performance Comparison
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Returns By Period
In the year-to-date period, TSLTX achieves a 25.34% return, which is significantly higher than TSLL's -61.15% return.
TSLTX
- 1D
- 1.09%
- 1M
- -0.15%
- 6M
- 17.18%
- YTD
- 25.34%
- 1Y
- 43.08%
- 3Y*
- 15.92%
- 5Y*
- 10.00%
- 10Y*
- —
- ALL TIME*
- 9.08%
TSLL
- 1D
- 1.39%
- 1M
- -40.57%
- 6M
- -56.61%
- YTD
- -61.15%
- 1Y
- -25.18%
- 3Y*
- -20.90%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -23.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $724.83M | $679.97M | $948.78M | |
| $0.00 | $0.00 | $0.00 |
TSLTX vs. TSLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLTX Transamerica Small Cap Value | 25.34% | 9.56% | 12.59% | 8.84% | -5.68% |
TSLL Direxion Daily TSLA Bull 2X ETF | -61.15% | -26.80% | 99.63% | 139.86% | -74.99% |
Correlation
The correlation between TSLTX and TSLL is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022 | 0.43 |
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Return for Risk
TSLTX vs. TSLL — Risk / Return Rank
TSLTX
TSLL
TSLTX vs. TSLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Small Cap Value (TSLTX) and Direxion Daily TSLA Bull 2X ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TSLTX | TSLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.75 | ||
| Sortino ratioReturn per unit of downside risk | +3.37 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.02 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 5.14 | -0.40 | +5.54 |
| Martin ratioReturn relative to average drawdown | 16.92 | -0.88 | +17.80 |
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Drawdowns
TSLTX vs. TSLL - Drawdown Comparison
The maximum TSLTX drawdown since its inception was -55.58%, smaller than the maximum TSLL drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for TSLTX and TSLL.
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Drawdown Indicators
| TSLTX | TSLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.58% | -82.88% | +27.30% |
Max Drawdown (1Y)Largest decline over 1 year | -7.73% | -70.13% | +62.40% |
Max Drawdown (3Y)Largest decline over 3 years | -26.62% | -82.88% | +56.26% |
Max Drawdown (5Y)Largest decline over 5 years | -55.58% | — | — |
Current DrawdownCurrent decline from peak | -15.45% | -80.38% | +64.93% |
Average DrawdownAverage peak-to-trough decline | -28.21% | -54.36% | +26.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 31.62% | -29.27% |
Volatility
TSLTX vs. TSLL - Volatility Comparison
The current volatility for Transamerica Small Cap Value (TSLTX) is 3.76%, while Direxion Daily TSLA Bull 2X ETF (TSLL) has a volatility of 43.16%. This indicates that TSLTX experiences smaller price fluctuations and is considered to be less risky than TSLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLTX | TSLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | 43.16% | -39.40% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 70.52% | -59.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.29% | 92.41% | -76.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.93% | 107.78% | -57.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.22% | 107.78% | -64.56% |
TSLTX vs. TSLL - Expense Ratio Comparison
TSLTX has a 0.80% expense ratio, which is lower than TSLL's 0.83% expense ratio.
Dividends
TSLTX vs. TSLL - Dividend Comparison
TSLTX's dividend yield for the trailing twelve months is around 4.29%, less than TSLL's 13.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
TSLL Direxion Daily TSLA Bull 2X ETF | 13.48% | 5.00% | 2.47% | 4.44% | 1.57% | 0.00% | 0.00% | 0.00% | 0.00% |
TSLTX Transamerica Small Cap Value | 4.29% | 5.38% | 27.99% | 2.99% | 21.70% | 77.67% | 0.24% | 4.26% | 11.17% |
Frequently Asked Questions
TSLTX and TSLL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLL has higher volatility (43.16%) compared to TSLTX (3.76%). In terms of maximum drawdown, TSLTX dropped -55.58% vs TSLL's -82.88%.
TSLTX currently has the higher Sharpe Ratio (2.45 vs -0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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