TSLS vs NIKL
Comparison between Direxion Daily TSLA Bear 1X Shares (TSLS, ETF) and Sprott Nickel Miners ETF (NIKL, ETF).
TSLS vs NIKL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TSLS
$76M
NIKL
$76M
Expense Ratio
TSLS
0.95%
Winner
NIKL
0.75%
Max Drawdown
TSLS
91.60%
Winner
NIKL
68.05%
Sharpe Ratio
TSLS
-0.48
Winner
NIKL
0.51
5Y Beta
Winner
TSLS
-2.31
NIKL
1.02
TSLS vs NIKL - Historical Returns
Returns include dividend reinvestment.
1M
Winner
TSLS
-1.59%
NIKL
-19.75%
3M
Winner
TSLS
+1.03%
NIKL
-22.16%
6M
Winner
TSLS
+12.12%
NIKL
-2.78%
1Y
TSLS
-35.10%
Winner
NIKL
+17.55%
Max(CAGR)
TSLS
-29.93%
Winner
NIKL
-5.88%
TSLS vs NIKL - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | TSLS | NIKL |
|---|---|---|
| 2026 | +8.19% | -19.07% |
| 2025 | -38.69% | +50.94% |
| 2024 | -55.67% | -22.45% |
| 2023 | -64.52% | -18.28% |
| 2022 | +100.47% | N/A |
TSLS vs NIKL Drawdown Comparison
The maximum drawdown for TSLS was -90.72%, occurring on Dec 16, 2025. This drawdown has not yet recovered.
The maximum drawdown for NIKL was -60.41%, occurring on Apr 8, 2025. Recovery took 623 trading sessions.
The current TSLS drawdown is -88.76%. The current NIKL drawdown is -34.68%.
| Rank | TSLS | NIKL |
|---|---|---|
| #1 | -90.72% Dec 27, 2022 - Dec 16, 2025 | -60.41% Jul 13, 2023 - Jan 6, 2026 |
| #2 | -14.83% Nov 21, 2022 - Dec 13, 2022 | -34.68% Jan 26, 2026 - Jun 5, 2026 |
| #3 | -13.29% Sep 2, 2022 - Sep 30, 2022 | -11.67% Apr 19, 2023 - Jul 12, 2023 |
| #4 | -11.35% Oct 14, 2022 - Nov 7, 2022 | -4.71% Jan 14, 2026 - Jan 23, 2026 |
| #5 | -9.86% Nov 9, 2022 - Nov 21, 2022 | -4.17% Jan 6, 2026 - Jan 12, 2026 |
| #6 | -9.07% Aug 9, 2022 - Aug 30, 2022 | -3.56% Apr 3, 2023 - Apr 13, 2023 |
| #7 | -2.50% Oct 11, 2022 - Oct 14, 2022 | -0.58% Apr 14, 2023 - Apr 19, 2023 |
| #8 | -2.35% Oct 3, 2022 - Oct 5, 2022 | -0.36% Mar 22, 2023 - Mar 28, 2023 |
| #9 | -0.80% Dec 14, 2022 - Dec 16, 2022 | N/A |
| #10 | -0.29% Aug 31, 2022 - Sep 2, 2022 | N/A |
Correlation
Correlation between TSLS and NIKL is 0.09 which considered as a very weak or no correlation - the stocks move independently of each other.
0.09
-101
Dividend Comparison (2022 - 2026)
TSLS vs NIKL dividend yield comparison.
| Year | TSLS | NIKL |
|---|---|---|
| 2026 | 0.60% | 0.00% |
| 2025 | 4.30% | 2.53% |
| 2024 | 7.62% | 3.49% |
| 2023 | 4.52% | 19.52% |
| 2022 | 3.46% | 0.00% |
Select Stocks to Compare
Popular: TSLS vs SPYNIKL vs SPY
More Comparisons
Compare with similar stocks