TSLZ vs. VOO
Compare and contrast key facts about T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) and Vanguard S&P 500 ETF (VOO).
TSLZ and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLZ is an actively managed fund by T-Rex. It was launched on Oct 18, 2023. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLZ or VOO.
Key characteristics
| TSLZ | VOO | |
|---|---|---|
| YTD Return | -82.35% | 27.26% |
| 1Y Return | -87.45% | 37.86% |
| Sharpe Ratio | -0.72 | 3.25 |
| Sortino Ratio | -1.33 | 4.31 |
| Omega Ratio | 0.82 | 1.61 |
| Calmar Ratio | -0.95 | 4.74 |
| Martin Ratio | -1.69 | 21.63 |
| Ulcer Index | 51.95% | 1.85% |
| Daily Std Dev | 122.20% | 12.25% |
| Max Drawdown | -93.11% | -33.99% |
| Current Drawdown | -93.11% | 0.00% |
Correlation
The correlation between TSLZ and VOO is -0.49. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
TSLZ vs. VOO - Performance Comparison
In the year-to-date period, TSLZ achieves a -82.35% return, which is significantly lower than VOO's 27.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TSLZ vs. VOO - Expense Ratio Comparison
TSLZ has a 1.05% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
TSLZ vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) and Vanguard S&P 500 ETF (VOO). 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
TSLZ vs. VOO - Dividend Comparison
TSLZ's dividend yield for the trailing twelve months is around 68.80%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF | 68.80% | 12.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
TSLZ vs. VOO - Drawdown Comparison
The maximum TSLZ drawdown since its inception was -93.11%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TSLZ and VOO. For additional features, visit the drawdowns tool.
Volatility
TSLZ vs. VOO - Volatility Comparison
T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) has a higher volatility of 70.80% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that TSLZ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.