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
$13M
Expense Ratio
TSL
N/A
EVNT
1.33%
Max Drawdown
TSL
80.46%
Winner
EVNT
15.79%
Sharpe Ratio
TSL
0.03
Winner
EVNT
0.74
5Y Beta
TSL
2.86
Winner
EVNT
0.29
TSL vs EVNT - Historical Returns
Returns include dividend reinvestment.
1M
TSL
-20.92%
Winner
EVNT
+0.69%
3M
TSL
-19.56%
Winner
EVNT
+2.11%
6M
TSL
-36.99%
Winner
EVNT
+4.36%
1Y
TSL
-11.61%
Winner
EVNT
+8.91%
5Y(CAGR)
TSL
N/A
EVNT
+4.94%
Max(CAGR)
TSL
-6.88%
Winner
EVNT
+4.94%
TSL vs EVNT - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | TSL | EVNT |
|---|---|---|
| 2026 | -35.25% | +5.53% |
| 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 -48.05%. The current EVNT drawdown is -0.58%.
| 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 - Jun 11, 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 0.68 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.68
-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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