AVS vs TSLQ
Direxion Daily AVGO Bear 1X ETF vs Tradr 2X Short TSLA Daily ETF
Which is better, AVS or TSLQ?
AVS has been ahead.
AVS has a lower expense ratio. AVS led over 1Y and the full window.
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 | AVS | TSLQ |
|---|---|---|
| Expense Ratio | 1.03%Best | 1.15% |
| AUM | $14M | $92M |
| Dividend Yield | 3.26% | 9.89% |
| Holdings | 16 | 12 |
| YTD Return | -10.04% | -6.17%Best |
| 1Y Return | -14.28%Best | -19.23% |
| 3Y Return (annualized) | - | -65.37% |
| Volatility (annualized) | 45.5%Best | 105.2% |
| Max Drawdown | -76.6%Best | -96.2% |
| $10,000 over 2 years | $3,575Best | $546 |
| Fund Family | Direxion Shares ETF Trust | Tradr ETFs |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Oct 10, 2024 | Jul 13, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).
AVS vs TSLQ 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 covers the 2 years both funds cover.
AVS vs TSLQ Performance
Direxion Daily AVGO Bear 1X ETF (AVS) is an ETF from Direxion Shares ETF Trust and Tradr 2X Short TSLA Daily ETF (TSLQ) is an ETF from Tradr ETFs. Over the past year AVS returned -14.28% while TSLQ returned -19.23%. Year to date, AVS is down 10.04% versus a loss of 6.17% for TSLQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLQ has been the more volatile fund, with annualized monthly volatility of 105.2% compared with 45.5% for AVS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -76.6% for AVS and -96.2% for TSLQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVS charges 1.03% per year while TSLQ charges 1.15%. On a $10,000 position that is $103 vs $115 annually, a gap of $12 per year that compounds over a long holding period. On income, AVS currently yields 3.26% against 9.89% for TSLQ.
Holdings Overlap
We hold position weights for 3 holdings in AVS and 1 in TSLQ, totalling 116.4% and 5.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in AVS and 1 in TSLQ, against full books of 16 and 12.
You are not choosing between two funds in isolation.
Whichever of AVS and TSLQ 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, AVS or TSLQ?
AVS has an expense ratio of 1.03% while TSLQ charges 1.15%. AVS is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, AVS or TSLQ?
Over the past year AVS returned -14.28% vs -19.23% for TSLQ, so AVS leads on 1-year performance. Over the longest common window we track (2 years), AVS annualized -40.21% vs -76.63% for TSLQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVS or TSLQ?
TSLQ has been the more volatile fund at 105.2% annualized versus 45.5% for AVS. Worst drawdown: AVS -76.6% vs TSLQ -96.2%.
Should I hold both AVS and TSLQ?
AVS and TSLQ have a monthly-return correlation of 0.36, 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, AVS or TSLQ?
AVS yields 3.26% while TSLQ yields 9.89%, so TSLQ currently pays the higher dividend yield.
Is TSLQ better than AVS?
AVS has a lower expense ratio. AVS led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.