TSL vs EVNT
Comparison between GRANITESHARES 1.25X LONG TSLA DAILY ETF (TSL, ETF) and ALTSHARES EVENT-DRIVEN ETF (EVNT, ETF).
TSL vs EVNT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TSL
$12M
Winner
EVNT
$12M
Expense Ratio
TSL
N/A
EVNT
1.33%
Max Drawdown
TSL
80.46%
Winner
EVNT
15.79%
Sharpe Ratio
TSL
0.46
Winner
EVNT
0.98
5Y Beta
TSL
2.88
Winner
EVNT
0.30
TSL vs EVNT - Historical Returns
Returns include dividend reinvestment.
1M
TSL
-0.00%
Winner
EVNT
+0.29%
3M
TSL
-5.87%
Winner
EVNT
+1.57%
6M
TSL
-19.53%
Winner
EVNT
+3.35%
1Y
Winner
TSL
+38.85%
EVNT
+11.43%
5Y(CAGR)
TSL
N/A
EVNT
+4.63%
Max(CAGR)
TSL
-0.34%
Winner
EVNT
+4.63%
TSL vs EVNT - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | TSL | EVNT |
|---|---|---|
| 2026 | -15.31% | +3.41% |
| 2025 | +12.04% | +13.51% |
| 2024 | +64.12% | +5.80% |
| 2023 | +150.44% | +14.61% |
| 2022 | -66.58% | -8.80% |
| 2021 | N/A | -3.22% |
TSL vs EVNT Drawdown Comparison
The maximum drawdown for TSL was -74.52%, occurring on Jan 3, 2023. Recovery took 582 trading sessions.
The maximum drawdown for EVNT was -13.85%, occurring on Jun 16, 2022. Recovery took 538 trading sessions.
The current TSL drawdown is -32.05%. The current EVNT drawdown is -0.63%.
| Rank | TSL | EVNT |
|---|---|---|
| #1 | -74.52% Aug 15, 2022 - Dec 6, 2024 | -13.85% Nov 1, 2021 - Dec 21, 2023 |
| #2 | -63.30% Dec 17, 2024 - Apr 8, 2025 | -5.15% Dec 21, 2023 - Jul 16, 2024 |
| #3 | -3.44% Aug 10, 2022 - Aug 12, 2022 | -5.06% Mar 6, 2025 - Apr 28, 2025 |
| #4 | -1.91% Dec 11, 2024 - Dec 13, 2024 | -3.35% Oct 15, 2025 - Jan 6, 2026 |
| #5 | N/A | -2.56% Jul 31, 2024 - Aug 19, 2024 |
| #6 | N/A | -2.04% Sep 8, 2025 - Oct 15, 2025 |
| #7 | N/A | -1.86% Feb 26, 2026 - Apr 8, 2026 |
| #8 | N/A | -1.81% Dec 6, 2024 - Jan 8, 2025 |
| #9 | N/A | -1.61% Jul 23, 2025 - Aug 13, 2025 |
| #10 | N/A | -1.58% Apr 15, 2026 - May 14, 2026 |
| #11 | N/A | -1.54% Sep 28, 2021 - Nov 1, 2021 |
| #12 | N/A | -1.25% Nov 7, 2024 - Nov 29, 2024 |
| #13 | N/A | -1.07% May 15, 2025 - Jun 9, 2025 |
| #14 | N/A | -1.01% Jun 11, 2025 - Jun 23, 2025 |
| #15 | N/A | -1.01% Aug 30, 2024 - Sep 12, 2024 |
Correlation
Correlation between TSL and EVNT is 0.71 which considered as a strong positive correlation - the stocks tend to move together.
0.71
-101
Dividend Comparison (2022 - 2025)
TSL vs EVNT dividend yield comparison.
| Year | TSL | EVNT |
|---|---|---|
| 2025 | 0.00% | 4.78% |
| 2024 | 0.00% | 0.66% |
| 2023 | 60.47% | 0.59% |
| 2022 | 0.00% | 2.61% |
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