TSLZ vs. TSLA
TSLZ (T-Rex 2X Inverse Tesla Daily Target ETF) is Inverse Equities fund actively managed by T-Rex, while TSLA (Tesla, Inc.) is a stock. Over the past year, TSLZ returned -63.61% vs 24.94% for TSLA. At a correlation of -1.00, they often move in opposite directions.
Performance
TSLZ vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, TSLZ achieves a -0.80% return, which is significantly higher than TSLA's -9.63% return.
TSLZ
- 1D
- -3.60%
- 1M
- 12.63%
- YTD
- -0.80%
- 6M
- 1.14%
- 1Y
- -63.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- 1.82%
- 1M
- -3.74%
- YTD
- -9.63%
- 6M
- -11.45%
- 1Y
- 24.94%
- 3Y*
- 16.25%
- 5Y*
- 14.86%
- 10Y*
- 39.72%
TSLZ vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF | -0.80% | -75.98% | -88.79% | -24.75% |
TSLA Tesla, Inc. | -9.63% | 11.36% | 62.52% | 2.39% |
Correlation
The correlation between TSLZ and TSLA is -1.00, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -1.00 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | -1.00 |
The correlation between TSLZ and TSLA has been stable across timeframes, ranging from -1.00 to -1.00 - a consistent structural relationship.
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Return for Risk
TSLZ vs. TSLA — Risk / Return Rank
TSLZ
TSLA
TSLZ vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) and Tesla, Inc. (TSLA). 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.
| TSLZ | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -2.17 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.13 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 0.92 | -1.81 |
| Martin ratioReturn relative to average drawdown | -1.15 | 2.10 | -3.25 |
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Drawdowns
TSLZ vs. TSLA - Drawdown Comparison
The maximum TSLZ drawdown since its inception was -99.11%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for TSLZ and TSLA.
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Drawdown Indicators
| TSLZ | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.11% | -73.63% | -25.48% |
Max Drawdown (1Y)Largest decline over 1 year | -72.88% | -29.93% | -42.95% |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.63% | — |
Current DrawdownCurrent decline from peak | -98.96% | -17.03% | -81.93% |
Average DrawdownAverage peak-to-trough decline | -75.49% | -22.72% | -52.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.30% | 13.06% | +43.24% |
Volatility
TSLZ vs. TSLA - Volatility Comparison
T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) has a higher volatility of 27.84% compared to Tesla, Inc. (TSLA) at 14.25%. This indicates that TSLZ's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLZ | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.84% | 14.25% | +13.59% |
Volatility (6M)Calculated over the trailing 6-month period | 57.65% | 28.73% | +28.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 87.67% | 44.49% | +43.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 117.11% | 58.98% | +58.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.11% | 59.14% | +57.97% |
Dividends
TSLZ vs. TSLA - Dividend Comparison
TSLZ's dividend yield for the trailing twelve months is around 0.69%, while TSLA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF | 0.69% | 0.69% | 2.08% | 12.15% |
Frequently Asked Questions
TSLZ and TSLA have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLZ has higher volatility (27.84%) compared to TSLA (14.25%). In terms of maximum drawdown, TSLZ dropped -99.11% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.62 vs -0.74), 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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