TSL vs CRCD

Comparison between GRANITESHARES 1.25X LONG TSLA DAILY ETF (TSL, ETF) and T-REX 2X INVERSE CRCL DAILY TARGET ETF (CRCD, ETF).

TSL vs CRCD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TSL(ETF)	CRCD(ETF)
Net Assets	$12M	$12M
Max Drawdown	80.46%	96.95%
Sharpe Ratio	0.46	0.13
5Y Beta	2.88	-6.42

Net Assets

TSL

$12M

CRCD

$12M

Max Drawdown

Winner

TSL

80.46%

CRCD

96.95%

Sharpe Ratio

Winner

TSL

0.46

CRCD

0.13

5Y Beta

TSL

2.88

Winner

CRCD

-6.42

TSL vs CRCD - Historical Returns

Returns include dividend reinvestment.

Period	TSL	CRCD
1 month	-0.00%	+53.19%
3 months	-5.87%	-28.41%
6 months	-19.53%	-84.75%
1 year	+38.85%	N/A
Max(CAGR)	-0.34%	-89.58%

TSL

-0.00%

Winner

CRCD

+53.19%

Winner

TSL

-5.87%

CRCD

-28.41%

Winner

TSL

-19.53%

CRCD

-84.75%

TSL

+38.85%

CRCD

N/A

Max(CAGR)

Winner

TSL

-0.34%

CRCD

-89.58%

TSL vs CRCD - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	TSL	CRCD
2026	-15.31%	-83.46%
2025	+12.04%	+43.19%
2024	+64.12%	N/A
2023	+150.44%	N/A
2022	-66.58%	N/A

TSL vs CRCD Drawdown Comparison

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

The maximum drawdown for CRCD was -96.95%, occurring on May 11, 2026. This drawdown has not yet recovered.

The current TSL drawdown is -32.05%. The current CRCD drawdown is -93.04%.

Rank	TSL	CRCD
#1	-74.52% Aug 15, 2022 - Dec 6, 2024	-96.95% Feb 5, 2026 - May 11, 2026
#2	-63.30% Dec 17, 2024 - Apr 8, 2025	-52.60% Nov 20, 2025 - Feb 4, 2026
#3	-3.44% Aug 10, 2022 - Aug 12, 2022	-35.28% Sep 26, 2025 - Nov 4, 2025
#4	-1.91% Dec 11, 2024 - Dec 13, 2024	-8.38% Nov 6, 2025 - Nov 11, 2025
#5	N/A	-4.69% Nov 4, 2025 - Nov 6, 2025
#6	N/A	-0.23% Nov 17, 2025 - Nov 19, 2025