NVDL vs TSLZ
GraniteShares 2x Long NVDA Daily ETF vs T-Rex 2X Inverse Tesla Daily Target ETF
Which is better, NVDL or TSLZ?
Each has led over a different period.
NVDL led over 3Y and the full window, TSLZ over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NVDL | TSLZ |
|---|---|---|
| Expense Ratio | 1.05%Tie | 1.05%Tie |
| AUM | $2.4B | $27M |
| Dividend Yield | 0.00% | 0.89% |
| Holdings | 4 | 13 |
| YTD Return | -32.02% | -26.04%Best |
| 1Y Return | -37.09% | -30.91%Best |
| 3Y Return (annualized) | +60.83%Best | -76.04% |
| Volatility (annualized) | 79.3%Best | 102.6% |
| Max Drawdown | -67.5% | - |
| $10,000 over 3.1 years | $52,034Best | $123 |
| Fund Family | GraniteShares | REX Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 13, 2022 | Oct 19, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Oct 19, 2023 to Nov 11, 2026 (3.1 years).
NVDL vs TSLZ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
NVDL vs TSLZ Performance
GraniteShares 2x Long NVDA Daily ETF (NVDL) is an ETF from GraniteShares and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) is an ETF from REX Shares. Over the past year NVDL returned -37.09% while TSLZ returned -30.91%. Year to date, NVDL is down 32.02% versus a loss of 26.04% for TSLZ.
Over three years, NVDL compounded at +60.83% per year against -76.04% for TSLZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLZ has been the more volatile fund, with annualized monthly volatility of 102.6% compared with 79.3% for NVDL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
NVDL charges 1.05% per year while TSLZ charges 1.05%. On a $10,000 position that is $105 vs $105 annually. On income, NVDL currently yields 0.00% against 0.89% for TSLZ.
You are not choosing between two funds in isolation.
Whichever of NVDL and TSLZ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NVDL or TSLZ?
NVDL has an expense ratio of 1.05% while TSLZ charges 1.05%. At the precision these are quoted to, they cost the same.
Which performed better, NVDL or TSLZ?
Over the past year NVDL returned -37.09% vs -30.91% for TSLZ, so TSLZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDL or TSLZ?
TSLZ has been the more volatile fund at 102.6% annualized versus 79.3% for NVDL.
Should I hold both NVDL and TSLZ?
NVDL and TSLZ have a monthly-return correlation of 0.02, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NVDL or TSLZ?
NVDL yields 0.00% while TSLZ yields 0.89%, so TSLZ currently pays the higher dividend yield.
Is TSLZ better than NVDL?
NVDL led over 3Y and the full window, TSLZ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.