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SNDQ vs TSDD

Tradr 2X Short SNDK Daily ETF

SNDQCCboe

GraniteShares 2x Short TSLA Daily ETF

TSDDANasdaq

Overlap

Expense ratio

TSDD −0.51pt a year

SNDQ1.49%TSDD0.98%

Avg volume · 30D

SNDQ 2.2×the volume

SNDQ23.8MTSDD11M

SNDQ vs TSDD Performance

Jul 31, 2026 – Nov 2, 2026

−26.9%SNDQ−47.1%TSDD

Jul 31, 2026 to Nov 2, 2026. SNDQ −26.9%. TSDD −47.1%. Use the arrow keys to read each point.−60%0%Jul 2026Sep 2026Nov 2026
Expense ratio
SNDQ 1.49%
TSDD 0.98%, better
Fund size
SNDQ $112M
TSDD $30M
1Y total return
SNDQ No data
TSDD −26.1%
Yield (12M)
SNDQ No data
TSDD 10.76%
Holdings
SNDQ 2
TSDD 1
Avg volume (30D)
SNDQ 23.8M sh, better
TSDD 11M sh
NAV per share
SNDQ $23.55
TSDD $6.18
52W range

ETF.net Grade

SNDQ: Cost 25, Risk 17, Mission not scored, Tradability 95, Holdings not scored, Durability 53. TSDD: Cost 94, Risk 49, Mission 98, Tradability 81, Holdings not scored, Durability 72.
Pillar letters and Scores for SNDQ, TSDD, with each pillar’s weight
PillarSNDQTSDD
Cost30% weightD25A94Higher
Mission25% weightNot scoredA98
Risk15% weightF17C49Higher
Tradability15% weightA95HigherA81
Holdings10% weightNot scoredNot scored
Durability5% weightC53A72Higher

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SNDQ and TSDD are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

TSDD ranks 2nd and SNDQ 25th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  4. Rank 25CIONZDefiance Daily Target 2x Short IONQ ETFScore 41
  5. Rank 25CSNDQTradr 2X Short SNDK Daily ETFScore 41
  6. Rank 27CAPLZTradr 2X Short APLD Daily ETFScore 40

Our read on each fund

ETF.net Research

SNDQCTradr 2X Short SNDK Daily ETF

TSDDAGraniteShares 2x Short TSLA Daily ETF

In short

SNDQ No data

TSDD Tesla bears pick their dosage; this is the double. TSDD aims for -2x TSLA's move each day, reset daily, at 0.95% net of a waiver through December 31, 2026. Designed as a short-term tool, not a buy-and-forget holding.

Stated mandate

SNDQ No data

TSDD The fund seeks daily results before fees and expenses equal to negative 200% of the daily percentage change in Tesla's common stock. It is designed as a short-term inverse leveraged vehicle.

Why people hold it

SNDQ No data

  • TSDD 0.95% net of a waiver through December 31, 2026 (1.13% gross) undercuts fellow 2x short Tesla fund TSLZ at 1.05% and matches 1x bear TSLS at 0.95%, for double the daily exposure.
  • Hews closely to its stated -2x daily target, one of the tighter implementations among single-stock bear funds.
  • Heavily traded for an inverse single-stock fund, so getting in and out is rarely a chore.
  • A 1940 Act ETF that uses swaps and options on TSLA to sit near 200% short at each close: no margin account or stock borrow on your end.graniteshares.com

Worth knowing

SNDQ No data

  • TSDD The -2x target resets every day. Hold longer and compounding pulls results away from -2x TSLA's cumulative move, in either direction.graniteshares.com
  • One stock, geared twice: a sharp TSLA rally bites just as hard in reverse. Risk is the highest-octane part of this package.
  • A small fund, and the fee waiver runs through December 31, 2026; after that costs can step up toward the 1.13% gross level.

Full SNDQ profile⁠

Full TSDD profile⁠

SNDQ vs TSDD Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SNDQ vs TSDD Cost

Overpaying SNDQ vs TSDD

$7,779

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SNDQ 1.49%

    $26,141

  • TSDD 0.98%

    $18,362

$10,000
30 years

Cost over time

  • SNDQ 1.49%
  • TSDD 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530SNDQ $26,141TSDD $18,362

Year by year

YearSNDQTSDDOverpaying
10$2,574$1,729$845
20$9,464$6,504$2,960
30$26,141$18,362$7,779

Expense ratio

  • 1.49%SNDQ
  • 0.98%TSDD, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

TSDD 5th cheapest of 43 funds

SNDQ 31st cheapest of 43 funds

SNDQ vs TSDD Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
SNDQ No data
TSDD 10.76%
Payout (12M)
SNDQ None
TSDD $0.65
Last payment
SNDQ No data
TSDD $0.65
Ex-dividend
SNDQ No data
TSDD Dec 29, 2025
Paid on
SNDQ No data
TSDD Dec 31, 2025
Frequency
SNDQ No data
TSDD Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

SNDQAll SNDQ payments⁠

No distribution history available.

TSDDIrregular · 2 paymentsAll TSDD payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2023 $77.34; Dec 29, 2025 $0.65. Use the arrow keys to read each point.$0$5020232026YTD

SNDQ vs TSDD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SNDQ No dataTSDD 100.6%
Return per unit of riskSharpe ratio, 3 years
SNDQ No dataTSDD −0.87
Worst fallMax drawdown, 5 years
SNDQ No dataTSDD −99.1%since Aug 2023
Market sensitivityBeta, 5 years
SNDQ −9.52TSDD −2.40

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