SLX vs TSLQ
Comparison between VANECK STEEL ETF (SLX, ETF) and Tradr 2X Short TSLA Daily ETF (TSLQ, ETF).
SLX vs TSLQ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
SLX
$159M
TSLQ
$159M
Expense Ratio
SLX
0.55%
TSLQ
N/A
Max Drawdown
Winner
SLX
85.83%
TSLQ
99.05%
Sharpe Ratio
Winner
SLX
2.11
TSLQ
-0.54
5Y Beta
SLX
1.08
Winner
TSLQ
-4.55
P/E Ratio
SLX
13.22
TSLQ
N/A
Forward P/E
SLX
13.98
TSLQ
N/A
PEG Ratio
SLX
0.09
TSLQ
N/A
5Y Dividends CAGR
SLX
9.75%
TSLQ
N/A
5Y EPS CAGR
SLX
17.63%
TSLQ
N/A
Debt to Equity
SLX
31.44%
TSLQ
N/A
P/S Ratio
SLX
0.00
TSLQ
N/A
P/B Ratio
SLX
1.68
TSLQ
N/A
SLX vs TSLQ - Historical Returns
Returns include dividend reinvestment.
1M
Winner
SLX
+1.86%
TSLQ
-5.63%
3M
Winner
SLX
+14.48%
TSLQ
-4.43%
6M
Winner
SLX
+32.61%
TSLQ
+11.78%
1Y
Winner
SLX
+68.38%
TSLQ
-68.24%
5Y(CAGR)
SLX
+14.99%
TSLQ
N/A
10Y(CAGR)
SLX
+18.75%
TSLQ
N/A
Max(CAGR)
Winner
SLX
+8.03%
TSLQ
-58.94%
SLX vs TSLQ - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | SLX | TSLQ |
|---|---|---|
| 2026 | +23.45% | +6.07% |
| 2025 | +48.28% | -77.34% |
| 2024 | -17.15% | -83.18% |
| 2023 | +33.22% | -64.32% |
| 2022 | +14.39% | +63.12% |
| 2021 | +25.29% | N/A |
| 2020 | +19.62% | N/A |
| 2019 | +10.56% | N/A |
| 2018 | -22.43% | N/A |
| 2017 | +20.83% | N/A |
| 2016 | +99.31% | N/A |
| 2015 | -41.29% | N/A |
| 2014 | -24.86% | N/A |
| 2013 | +0.46% | N/A |
| 2012 | -1.01% | N/A |
| 2011 | -34.07% | N/A |
| 2010 | +14.62% | N/A |
| 2009 | +97.11% | N/A |
| 2008 | -63.20% | N/A |
| 2007 | +89.41% | N/A |
| 2006 | +10.38% | N/A |
SLX vs TSLQ Drawdown Comparison
The maximum drawdown for SLX was -82.16%, occurring on Jan 25, 2016. Recovery took 3699 trading sessions.
The maximum drawdown for TSLQ was -98.72%, occurring on Dec 22, 2025. This drawdown has not yet recovered.
The current SLX drawdown is -6.08%. The current TSLQ drawdown is -98.32%.
| Rank | SLX | TSLQ |
|---|---|---|
| #1 | -82.16% May 16, 2008 - Jan 26, 2023 | -98.72% Dec 27, 2022 - Dec 22, 2025 |
| #2 | -27.39% Dec 27, 2023 - Jul 22, 2025 | -25.96% Jul 14, 2022 - Oct 7, 2022 |
| #3 | -23.74% Jul 12, 2007 - Sep 18, 2007 | -14.72% Nov 21, 2022 - Dec 13, 2022 |
| #4 | -21.19% Dec 10, 2007 - Feb 22, 2008 | -11.43% Oct 14, 2022 - Nov 7, 2022 |
| #5 | -20.93% Mar 3, 2023 - Jul 25, 2023 | -9.95% Nov 9, 2022 - Nov 21, 2022 |
| #6 | -16.35% Feb 11, 2026 - Apr 22, 2026 | -2.38% Oct 11, 2022 - Oct 14, 2022 |
| #7 | -15.61% Jul 25, 2023 - Dec 1, 2023 | -0.90% Dec 14, 2022 - Dec 16, 2022 |
| #8 | -12.00% Oct 29, 2007 - Dec 7, 2007 | N/A |
| #9 | -11.43% Feb 28, 2008 - Apr 4, 2008 | N/A |
| #10 | -10.12% Feb 26, 2007 - Mar 21, 2007 | N/A |
| #11 | -10.02% Jul 23, 2025 - Oct 3, 2025 | N/A |
| #12 | -7.05% Dec 5, 2006 - Jan 23, 2007 | N/A |
| #13 | -6.54% Jun 1, 2007 - Jul 2, 2007 | N/A |
| #14 | -6.37% Feb 1, 2023 - Mar 2, 2023 | N/A |
| #15 | -6.08% Jun 2, 2026 - Jun 5, 2026 | N/A |
Correlation
Correlation between SLX and TSLQ is -0.61 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
-0.61
-101
Dividend Comparison (2006 - 2025)
SLX vs TSLQ dividend yield comparison.
| Year | SLX | TSLQ |
|---|---|---|
| 2025 | 1.55% | 10.56% |
| 2024 | 3.56% | 4.95% |
| 2023 | 2.80% | 13.35% |
| 2022 | 4.97% | 2.56% |
| 2021 | 7.07% | 0.00% |
| 2020 | 1.87% | 0.00% |
| 2019 | 3.44% | 0.00% |
| 2018 | 6.26% | 0.00% |
| 2017 | 2.50% | 0.00% |
| 2016 | 1.06% | 0.00% |
| 2015 | 5.35% | 0.00% |
| 2014 | 3.27% | 0.00% |
| 2013 | 1.98% | 0.00% |
| 2012 | 2.21% | 0.00% |
| 2011 | 2.40% | 0.00% |
| 2010 | 1.41% | 0.00% |
| 2009 | 1.60% | 0.00% |
| 2008 | 4.61% | 0.00% |
| 2007 | 0.57% | 0.00% |
| 2006 | 0.31% | 0.00% |
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