TSL vs NBIZ

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

TSL vs NBIZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TSL(ETF)	NBIZ(ETF)
Net Assets	$14M	$14M
Max Drawdown	80.46%	97.96%
Sharpe Ratio	0.58	-2.64
5Y Beta	2.88	-6.77

Net Assets

TSL

$14M

NBIZ

$14M

Max Drawdown

Winner

TSL

80.46%

NBIZ

97.96%

Sharpe Ratio

Winner

TSL

0.58

NBIZ

-2.64

5Y Beta

TSL

2.88

Winner

NBIZ

-6.77

TSL vs NBIZ - Historical Returns

Returns include dividend reinvestment.

Period	TSL	NBIZ
1 month	-3.72%	-47.72%
3 months	+3.43%	-89.55%
6 months	-18.87%	N/A
1 year	+23.50%	N/A
Max(CAGR)	+1.24%	-99.98%

Winner

TSL

-3.72%

NBIZ

-47.72%

Winner

TSL

+3.43%

NBIZ

-89.55%

TSL

-18.87%

NBIZ

N/A

TSL

+23.50%

NBIZ

N/A

Max(CAGR)

Winner

TSL

+1.24%

NBIZ

-99.98%

TSL vs NBIZ - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	TSL	NBIZ
2026	-10.00%	-96.88%
2025	+12.04%	N/A
2024	+64.12%	N/A
2023	+150.44%	N/A
2022	-66.58%	N/A

TSL vs NBIZ Drawdown Comparison

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

The maximum drawdown for NBIZ was -97.96%, occurring on Jun 15, 2026. This drawdown has not yet recovered.

The current TSL drawdown is -27.79%. The current NBIZ drawdown is -97.96%.

Rank	TSL	NBIZ
#1	-74.52% Aug 15, 2022 - Dec 6, 2024	-97.96% Feb 5, 2026 - Jun 15, 2026
#2	-63.30% Dec 17, 2024 - Apr 8, 2025	-18.86% Jan 26, 2026 - Jan 30, 2026
#3	-3.44% Aug 10, 2022 - Aug 12, 2022	-10.70% Jan 30, 2026 - Feb 4, 2026
#4	-1.91% Dec 11, 2024 - Dec 13, 2024	N/A