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WANT vs. TSLA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WANT and TSLA is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

WANT vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

0.00%500.00%1,000.00%1,500.00%2,000.00%NovemberDecember2025FebruaryMarchApril
33.11%
1,152.82%
WANT
TSLA

Key characteristics

Sharpe Ratio

WANT:

0.16

TSLA:

1.30

Sortino Ratio

WANT:

0.76

TSLA:

2.13

Omega Ratio

WANT:

1.10

TSLA:

1.25

Calmar Ratio

WANT:

0.16

TSLA:

1.60

Martin Ratio

WANT:

0.53

TSLA:

4.27

Ulcer Index

WANT:

23.16%

TSLA:

22.69%

Daily Std Dev

WANT:

74.46%

TSLA:

73.79%

Max Drawdown

WANT:

-85.89%

TSLA:

-73.63%

Current Drawdown

WANT:

-69.20%

TSLA:

-40.62%

Returns By Period

In the year-to-date period, WANT achieves a -40.53% return, which is significantly lower than TSLA's -29.44% return.


WANT

YTD

-40.53%

1M

-15.21%

6M

-20.20%

1Y

8.99%

5Y*

11.67%

10Y*

N/A

TSLA

YTD

-29.44%

1M

4.74%

6M

5.85%

1Y

67.44%

5Y*

42.71%

10Y*

34.01%

*Annualized

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Risk-Adjusted Performance

WANT vs. TSLA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WANT
The Risk-Adjusted Performance Rank of WANT is 4040
Overall Rank
The Sharpe Ratio Rank of WANT is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of WANT is 5454
Sortino Ratio Rank
The Omega Ratio Rank of WANT is 5151
Omega Ratio Rank
The Calmar Ratio Rank of WANT is 3434
Calmar Ratio Rank
The Martin Ratio Rank of WANT is 3131
Martin Ratio Rank

TSLA
The Risk-Adjusted Performance Rank of TSLA is 8787
Overall Rank
The Sharpe Ratio Rank of TSLA is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of TSLA is 8787
Sortino Ratio Rank
The Omega Ratio Rank of TSLA is 8383
Omega Ratio Rank
The Calmar Ratio Rank of TSLA is 9191
Calmar Ratio Rank
The Martin Ratio Rank of TSLA is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WANT vs. TSLA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) 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.


The chart of Sharpe ratio for WANT, currently valued at 0.16, compared to the broader market-1.000.001.002.003.004.00
WANT: 0.16
TSLA: 1.30
The chart of Sortino ratio for WANT, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.00
WANT: 0.76
TSLA: 2.13
The chart of Omega ratio for WANT, currently valued at 1.10, compared to the broader market0.501.001.502.002.50
WANT: 1.10
TSLA: 1.25
The chart of Calmar ratio for WANT, currently valued at 0.16, compared to the broader market0.002.004.006.008.0010.0012.00
WANT: 0.16
TSLA: 1.60
The chart of Martin ratio for WANT, currently valued at 0.53, compared to the broader market0.0020.0040.0060.00
WANT: 0.53
TSLA: 4.27

The current WANT Sharpe Ratio is 0.16, which is lower than the TSLA Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of WANT and TSLA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.16
1.30
WANT
TSLA

Dividends

WANT vs. TSLA - Dividend Comparison

WANT's dividend yield for the trailing twelve months is around 1.19%, while TSLA has not paid dividends to shareholders.


TTM202420232022202120202019
WANT
Direxion Daily Consumer Discretionary Bull 3X Shares
1.19%0.61%0.46%0.00%0.00%0.07%0.62%
TSLA
Tesla, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

WANT vs. TSLA - Drawdown Comparison

The maximum WANT drawdown since its inception was -85.89%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for WANT and TSLA. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-69.20%
-40.62%
WANT
TSLA

Volatility

WANT vs. TSLA - Volatility Comparison

Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) has a higher volatility of 45.15% compared to Tesla, Inc. (TSLA) at 31.12%. This indicates that WANT'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.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
45.15%
31.12%
WANT
TSLA