NBIZ vs TSL

Comparison between Tradr 2X Short NBIS Daily ETF (NBIZ, ETF) and GRANITESHARES 1.25X LONG TSLA DAILY ETF (TSL, ETF).

NBIZ vs TSL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBIZ(ETF)	TSL(ETF)
Net Assets	$14M	$14M
Max Drawdown	97.84%	80.46%
Sharpe Ratio	-2.55	0.54
5Y Beta	-6.74	2.88

Net Assets

NBIZ

$14M

TSL

$14M

Max Drawdown

NBIZ

97.84%

Winner

TSL

80.46%

Sharpe Ratio

NBIZ

-2.55

Winner

TSL

0.54

5Y Beta

Winner

NBIZ

-6.74

TSL

2.88

NBIZ vs TSL - Historical Returns

Returns include dividend reinvestment.

Period	NBIZ	TSL
1 month	-58.96%	-8.23%
3 months	-91.21%	+1.90%
6 months	N/A	-16.42%
1 year	N/A	+26.46%
Max(CAGR)	-99.97%	+0.87%

NBIZ

-58.96%

Winner

TSL

-8.23%

NBIZ

-91.21%

Winner

TSL

+1.90%

NBIZ

N/A

TSL

-16.42%

NBIZ

N/A

TSL

+26.46%

Max(CAGR)

NBIZ

-99.97%

Winner

TSL

+0.87%

NBIZ vs TSL - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	NBIZ	TSL
2026	-95.92%	-11.27%
2025	N/A	+12.04%
2024	N/A	+64.12%
2023	N/A	+150.44%
2022	N/A	-66.58%

NBIZ vs TSL Drawdown Comparison

The maximum drawdown for NBIZ was -97.84%, occurring on Jun 1, 2026. This drawdown has not yet recovered.

The maximum drawdown for TSL was -74.52%, occurring on Jan 3, 2023. Recovery took 582 trading sessions.

The current NBIZ drawdown is -97.34%. The current TSL drawdown is -28.81%.

Rank	NBIZ	TSL
#1	-97.84% Feb 5, 2026 - Jun 1, 2026	-74.52% Aug 15, 2022 - Dec 6, 2024
#2	-18.86% Jan 26, 2026 - Jan 30, 2026	-63.30% Dec 17, 2024 - Apr 8, 2025
#3	-10.70% Jan 30, 2026 - Feb 4, 2026	-3.44% Aug 10, 2022 - Aug 12, 2022
#4	N/A	-1.91% Dec 11, 2024 - Dec 13, 2024