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 -38.87% vs -5.57% for TSLA. Their -1.00 correlation means they have often moved in opposite directions in the past.
Performance
TSLZ vs. TSLA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TSLZ achieves a 49.77% return, which is significantly higher than TSLA's -31.64% return.
TSLZ
- 1D
- 1.02%
- 1M
- 33.11%
- 6M
- 41.37%
- YTD
- 49.77%
- 1Y
- -38.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -71.64%
TSLA
- 1D
- -0.58%
- 1M
- -19.03%
- 6M
- -28.65%
- YTD
- -31.64%
- 1Y
- -5.57%
- 3Y*
- 4.89%
- 5Y*
- 6.37%
- 10Y*
- 34.68%
- ALL TIME*
- 40.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
TSLA Tesla, Inc. | $15.47B | $16.46B | $19.15B |
| $39.86M | $37.80M | $43.96M |
TSLZ vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF | 49.77% | -75.98% | -88.79% | -24.75% |
TSLA Tesla, Inc. | -31.64% | 11.36% | 62.52% | 2.39% |
Correlation
The correlation between TSLZ and TSLA is -1.00, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -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.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.02 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | -0.15 | -0.41 |
| Martin ratioReturn relative to average drawdown | -0.69 | -0.38 | -0.31 |
Loading charts...
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.
Loading charts...
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 | -69.73% | -37.24% | -32.49% |
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 | -98.43% | -37.24% | -61.19% |
Average DrawdownAverage peak-to-trough decline | -76.50% | -22.71% | -53.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.41% | 14.77% | +41.64% |
Volatility
TSLZ vs. TSLA - Volatility Comparison
T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) has a higher volatility of 41.88% compared to Tesla, Inc. (TSLA) at 22.28%. 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.
Loading charts...
Volatility by Period
| TSLZ | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.88% | 22.28% | +19.60% |
Volatility (6M)Calculated over the trailing 6-month period | 67.01% | 34.38% | +32.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 91.58% | 46.25% | +45.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 117.79% | 59.68% | +58.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.79% | 59.44% | +58.35% |
Dividends
TSLZ vs. TSLA - Dividend Comparison
TSLZ's dividend yield for the trailing twelve months is around 0.46%, 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 | 0.46% | 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 (41.88%) compared to TSLA (22.28%). In terms of maximum drawdown, TSLZ dropped -99.11% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (-0.12 vs -0.43), 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.
Find the right allocation for TSLZ and TSLA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer