TSLS vs QARP

Comparison between Direxion Daily TSLA Bear 1X Shares (TSLS, ETF) and XTRACKERS RUSSELL 1000 US QUALITY AT A REASONABLE PRICE ETF (QARP, ETF).

TSLS vs QARP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TSLS(ETF)	QARP(ETF)
Net Assets	$76M	$77M
Expense Ratio	0.95%	0.19%
Max Drawdown	91.60%	35.86%
Sharpe Ratio	-0.48	1.76
5Y Beta	-2.31	0.77
P/E Ratio	N/A	27.19
Forward P/E	N/A	21.89
5Y Dividends CAGR	N/A	4.17%
5Y EPS CAGR	N/A	25.57%
Debt to Equity	N/A	33.32%
P/S Ratio	N/A	2.39
P/B Ratio	N/A	5.44

Net Assets

TSLS

$76M

Winner

QARP

$77M

Expense Ratio

TSLS

0.95%

Winner

QARP

0.19%

Max Drawdown

TSLS

91.60%

Winner

QARP

35.86%

Sharpe Ratio

TSLS

-0.48

Winner

QARP

1.76

5Y Beta

Winner

TSLS

-2.31

QARP

0.77

P/E Ratio

TSLS

N/A

QARP

27.19

Forward P/E

TSLS

N/A

QARP

21.89

5Y Dividends CAGR

TSLS

N/A

QARP

4.17%

5Y EPS CAGR

TSLS

N/A

QARP

25.57%

Debt to Equity

TSLS

N/A

QARP

33.32%

P/S Ratio

TSLS

N/A

QARP

2.39

P/B Ratio

TSLS

N/A

QARP

5.44

TSLS vs QARP - Historical Returns

Returns include dividend reinvestment.

Period	TSLS	QARP
1 month	-1.59%	+0.81%
3 months	+1.03%	+5.63%
6 months	+12.12%	+9.58%
1 year	-35.10%	+24.84%
5 years(CAGR)	N/A	+11.87%
10 years(CAGR)	N/A	+13.99%
Max(CAGR)	-29.93%	+13.99%

TSLS

-1.59%

Winner

QARP

+0.81%

TSLS

+1.03%

Winner

QARP

+5.63%

Winner

TSLS

+12.12%

QARP

+9.58%

TSLS

-35.10%

Winner

QARP

+24.84%

5Y(CAGR)

TSLS

N/A

QARP

+11.87%

10Y(CAGR)

TSLS

N/A

QARP

+13.99%

Max(CAGR)

TSLS

-29.93%

Winner

QARP

+13.99%

TSLS vs QARP - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	TSLS	QARP
2026	+8.19%	+9.24%
2025	-38.69%	+15.07%
2024	-55.67%	+19.37%
2023	-64.52%	+23.64%
2022	+100.47%	-14.81%
2021	N/A	+33.46%
2020	N/A	+13.58%
2019	N/A	+30.14%
2018	N/A	-5.52%

TSLS vs QARP 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 QARP was -35.43%, occurring on Mar 23, 2020. Recovery took 130 trading sessions.

The current TSLS drawdown is -88.76%. The current QARP drawdown is -1.80%.

Rank	TSLS	QARP
#1	-90.72% Dec 27, 2022 - Dec 16, 2025	-35.43% Feb 19, 2020 - Aug 24, 2020
#2	-14.83% Nov 21, 2022 - Dec 13, 2022	-22.76% Dec 29, 2021 - Jul 25, 2023
#3	-13.29% Sep 2, 2022 - Sep 30, 2022	-17.28% Sep 6, 2018 - Apr 23, 2019
#4	-11.35% Oct 14, 2022 - Nov 7, 2022	-15.65% Feb 19, 2025 - Jul 25, 2025
#5	-9.86% Nov 9, 2022 - Nov 21, 2022	-9.33% Sep 2, 2020 - Nov 10, 2020
#6	-9.07% Aug 9, 2022 - Aug 30, 2022	-9.12% Jul 31, 2023 - Dec 13, 2023
#7	-2.50% Oct 11, 2022 - Oct 14, 2022	-7.48% Apr 23, 2019 - Jul 3, 2019
#8	-2.35% Oct 3, 2022 - Oct 5, 2022	-7.26% Feb 25, 2026 - Apr 17, 2026
#9	-0.80% Dec 14, 2022 - Dec 16, 2022	-6.34% Jul 16, 2024 - Aug 23, 2024
#10	-0.29% Aug 31, 2022 - Sep 2, 2022	-6.30% Jul 29, 2019 - Sep 12, 2019
#11	N/A	-5.69% Sep 3, 2021 - Oct 28, 2021
#12	N/A	-5.17% Mar 28, 2024 - May 20, 2024
#13	N/A	-4.72% Dec 2, 2024 - Jan 30, 2025
#14	N/A	-4.60% Sep 12, 2019 - Oct 22, 2019
#15	N/A	-4.51% Jan 21, 2021 - Feb 5, 2021