WDCX vs. TSLQ

Last updated Jun 24, 2026

WDCX (Tradr 2X Long WDC Daily ETF) and TSLQ (Tradr 2X Short TSLA Daily ETF) are both exchange-traded funds - WDCX is a Leveraged Equities fund tracking the Western Digital Corporation (WDC), while TSLQ is a Inverse Equities fund actively managed by Tradr. WDCX is passively managed, while TSLQ is actively managed. At a correlation of -0.40, they often move in opposite directions. WDCX charges 1.49%/yr vs 1.17%/yr for TSLQ.

Performance

WDCX vs. TSLQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long WDC Daily ETF (WDCX) and Tradr 2X Short TSLA Daily ETF (TSLQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WDCX

• 1D: -17.39%
• 1M: 76.16%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLQ

• 1D: 11.57%
• 1M: 18.36%
• YTD: 13.60%
• 6M: 31.99%
• 1Y: -49.38%
• 3Y*: -64.10%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WDCX vs. TSLQ - Yearly Performance Comparison

	2026 (YTD)
WDCX Tradr 2X Long WDC Daily ETF	458.93%
TSLQ Tradr 2X Short TSLA Daily ETF	8.98%

Correlation

The correlation between WDCX and TSLQ is -0.40, 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 (All Time) Calculated using the full available price history since Jan 27, 2026	-0.40

Return for Risk

WDCX vs. TSLQ — Risk / Return Rank

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

WDCX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TSLQ

TSLQ Risk / Return Rank: 5
TSLQ Sharpe Ratio Rank: 4
TSLQ Sortino Ratio Rank: 5
TSLQ Omega Ratio Rank: 5
TSLQ Calmar Ratio Rank: 3
TSLQ Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WDCX vs. TSLQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long WDC Daily ETF (WDCX) and Tradr 2X Short TSLA Daily ETF (TSLQ). 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.

	WDCX	TSLQ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.56	—
Sortino ratio: Return per unit of downside risk	—	-0.47	—
Omega ratio: Gain probability vs. loss probability	—	0.95	—
Calmar ratio: Return relative to maximum drawdown	—	-0.69	—
Martin ratio: Return relative to average drawdown	—	-0.88	—

Drawdowns

WDCX vs. TSLQ - Drawdown Comparison

The maximum WDCX drawdown since its inception was -38.58%, smaller than the maximum TSLQ drawdown of -98.73%. Use the drawdown chart below to compare losses from any high point for WDCX and TSLQ.

Drawdown Indicators

	WDCX	TSLQ	Difference
Max Drawdown Largest peak-to-trough decline	-38.58%	-98.73%	+60.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-72.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-97.85%	—
Current Drawdown Current decline from peak	-20.50%	-98.31%	+77.81%
Average Drawdown Average peak-to-trough decline	-10.10%	-67.61%	+57.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	56.23%	—

Volatility

Volatility by Period

	WDCX	TSLQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	160.62%	89.33%	+71.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	160.62%	94.31%	+66.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	160.62%	94.31%	+66.31%

WDCX vs. TSLQ - Expense Ratio Comparison

WDCX has a 1.49% expense ratio, which is higher than TSLQ's 1.17% expense ratio.

Dividends

WDCX vs. TSLQ - Dividend Comparison

WDCX has not paid dividends to shareholders, while TSLQ's dividend yield for the trailing twelve months is around 9.30%.

Position	TTM	2025	2024	2023	2022
TSLQ Tradr 2X Short TSLA Daily ETF	9.30%	10.56%	4.95%	13.35%	2.56%
WDCX Tradr 2X Long WDC Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WDCX and TSLQ in my portfolio?

WDCX and TSLQ have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDCX or TSLQ?

On fees, TSLQ is cheaper at 1.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDCX or TSLQ?

TSLQ is cheaper with a 1.17% expense ratio, compared with 1.49% for WDCX.

Which ETF pays a higher dividend yield, WDCX or TSLQ?

TSLQ has the higher dividend yield at 9.30%, compared with 0.00% for WDCX.

What is the main difference between WDCX and TSLQ?

WDCX is categorized as Leveraged Equities, while TSLQ is Inverse Equities. Their fees differ too: 1.49% for WDCX and 1.17% for TSLQ.