Skip to content
Beacon
Screener

TSLS vs SPXS

Direxion Daily TSLA Bear 1X Shares vs Direxion Daily S&P 500 Bear 3X Shares

TSLS

Direxion Daily TSLA Bear 1X Shares

Direxion Funds

Annual cost

0.95%

Fund size

$76M

SPXS

Direxion Daily S&P 500 Bear 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$388M

Key differences

  • TSLS costs 0.09% less per year.
  • SPXS is significantly larger than TSLS — larger funds tend to be more liquid and less likely to close.
  • TSLS follows a inverse strategy; SPXS uses leveraged.
  • Over the last 3 years, SPXS has delivered higher annualized returns.
  • SPXS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TSLSSPXS
Annual cost (TER)0.95%1.04%
Fund size (AUM)$76M$388M
Since20222008
Dividend yield3.03%4.29%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-93.1%-50.4%
CAGR 3Y-73.4%-43.7%
CAGR 5YN/A-35.1%
Sharpe 3Y-0.93-1.15
Volatility 1Y101.43%36.05%
Max drawdown-99.01%-99.61%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TSLS and SPXS