NVDL vs TSLT
GraniteShares 2x Long NVDA Daily ETF vs T-Rex 2X Long Tesla Daily Target ETF
Which is better, NVDL or TSLT?
NVDL has been ahead.
NVDL led over 1Y, 3Y 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 | NVDL | TSLT |
|---|---|---|
| Expense Ratio | 1.05%Tie | 1.05%Tie |
| AUM | $3.5B | $160M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 4 | 22 |
| YTD Return | +14.36%Best | -47.03% |
| 1Y Return | +19.21%Best | -48.93% |
| 3Y Return (annualized) | +95.77%Best | -13.20% |
| Volatility (annualized) | 76.0%Best | 104.7% |
| Max Drawdown | -67.5%Best | -83.2% |
| $10,000 over 3 years | $86,669Best | $6,540 |
| 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 years row, are measured over the window both funds cover: Oct 19, 2023 to Oct 14, 2026 (3 years).
NVDL vs TSLT 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 3 years both funds cover.
NVDL vs TSLT Performance
GraniteShares 2x Long NVDA Daily ETF (NVDL) is an ETF from GraniteShares and T-Rex 2X Long Tesla Daily Target ETF (TSLT) is an ETF from REX Shares. Over the past year NVDL returned +19.21% while TSLT returned -48.93%. Year to date, NVDL is up 14.36% versus a loss of 47.03% for TSLT.
Over three years, NVDL compounded at +95.77% per year against -13.20% for TSLT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLT has been the more volatile fund, with annualized monthly volatility of 104.7% compared with 76.0% for NVDL. 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 -67.5% for NVDL and -83.2% for TSLT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.10. They move largely independently of each other.
Fees and Cost Over Time
NVDL charges 1.05% per year while TSLT charges 1.05%. On a $10,000 position that is $105 vs $105 annually. On income, NVDL currently yields 0.00% against 0.00% for TSLT.
You are not choosing between two funds in isolation.
Whichever of NVDL and TSLT 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 TSLT?
NVDL has an expense ratio of 1.05% while TSLT charges 1.05%. At the precision these are quoted to, they cost the same.
Which performed better, NVDL or TSLT?
Over the past year NVDL returned +19.21% vs -48.93% for TSLT, so NVDL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDL or TSLT?
TSLT has been the more volatile fund at 104.7% annualized versus 76.0% for NVDL. Worst drawdown: NVDL -67.5% vs TSLT -83.2%.
Should I hold both NVDL and TSLT?
NVDL and TSLT have a monthly-return correlation of 0.10, 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 TSLT?
NVDL yields 0.00% while TSLT yields 0.00%, so TSLT currently pays the higher dividend yield.
Is TSLT better than NVDL?
NVDL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.