XSHD vs. TSLQ
Compare and contrast key facts about Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and AXS TSLA Bear Daily ETF (TSLQ).
XSHD and TSLQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSHD is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Low Volatility High Dividend Index. It was launched on Dec 1, 2016. TSLQ is an actively managed fund by AXS. It was launched on Jul 13, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XSHD or TSLQ.
Correlation
The correlation between XSHD and TSLQ is -0.35. 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
XSHD vs. TSLQ - Performance Comparison
Key characteristics
XSHD:
-0.27
TSLQ:
-0.61
XSHD:
-0.25
TSLQ:
-0.73
XSHD:
0.97
TSLQ:
0.90
XSHD:
-0.13
TSLQ:
-0.87
XSHD:
-0.81
TSLQ:
-1.29
XSHD:
6.10%
TSLQ:
64.56%
XSHD:
18.55%
TSLQ:
136.86%
XSHD:
-49.52%
TSLQ:
-96.02%
XSHD:
-33.71%
TSLQ:
-92.12%
Returns By Period
In the year-to-date period, XSHD achieves a -10.92% return, which is significantly lower than TSLQ's 49.05% return.
XSHD
-10.92%
-9.42%
-14.45%
-5.20%
3.19%
N/A
TSLQ
49.05%
-32.77%
-72.06%
-84.29%
N/A
N/A
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XSHD vs. TSLQ - Expense Ratio Comparison
XSHD has a 0.30% expense ratio, which is lower than TSLQ's 1.15% expense ratio.
Risk-Adjusted Performance
XSHD vs. TSLQ — Risk-Adjusted Performance Rank
XSHD
TSLQ
XSHD vs. TSLQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) and AXS TSLA Bear 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.
Dividends
XSHD vs. TSLQ - Dividend Comparison
XSHD's dividend yield for the trailing twelve months is around 8.14%, more than TSLQ's 3.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF | 8.14% | 7.25% | 7.62% | 6.77% | 3.86% | 5.55% | 4.88% | 5.49% | 4.11% | 0.41% |
TSLQ AXS TSLA Bear Daily ETF | 3.32% | 4.95% | 13.35% | 2.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XSHD vs. TSLQ - Drawdown Comparison
The maximum XSHD drawdown since its inception was -49.52%, smaller than the maximum TSLQ drawdown of -96.02%. Use the drawdown chart below to compare losses from any high point for XSHD and TSLQ. For additional features, visit the drawdowns tool.
Volatility
XSHD vs. TSLQ - Volatility Comparison
The current volatility for Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) is 10.12%, while AXS TSLA Bear Daily ETF (TSLQ) has a volatility of 76.79%. This indicates that XSHD experiences smaller price fluctuations and is considered to be less risky than TSLQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.