^VIX vs. TSLA
^VIX (CBOE Volatility Index) is an index, while TSLA (Tesla, Inc.) is a stock. Over the past 10 years, ^VIX returned 1.81%/yr vs 35.29%/yr for TSLA. Their -0.38 correlation means they have often moved in opposite directions in the past.
Performance
^VIX vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, ^VIX achieves a 6.96% return, which is significantly higher than TSLA's -30.80% return. Over the past 10 years, ^VIX has underperformed TSLA with an annualized return of 1.81%, while TSLA has yielded a comparatively higher 35.29% annualized return.
^VIX
- 1D
- -6.44%
- 1M
- -0.99%
- 6M
- -8.31%
- YTD
- 6.96%
- 1Y
- -21.54%
- 3Y*
- 4.70%
- 5Y*
- -2.60%
- 10Y*
- 1.81%
- ALL TIME*
- -0.21%
TSLA
- 1D
- 0.76%
- 1M
- -20.90%
- 6M
- -27.69%
- YTD
- -30.80%
- 1Y
- 2.84%
- 3Y*
- 6.03%
- 5Y*
- 6.32%
- 10Y*
- 35.29%
- ALL TIME*
- 40.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
TSLA Tesla, Inc. | $15.40B | $15.32B | $18.68B |
^VIX vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^VIX CBOE Volatility Index | 6.96% | -13.83% | 39.36% | -42.55% | 25.84% | -24.31% | 65.09% | -45.79% | 130.25% | -21.37% |
TSLA Tesla, Inc. | -30.80% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
Correlation
The correlation between ^VIX and TSLA is -0.53, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.53 |
Correlation (3Y) Balances recent behavior with more history. | -0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.40 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2010 | -0.38 |
The correlation between ^VIX and TSLA shifts across timeframes, from -0.53 (1 year) to -0.38 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
^VIX vs. TSLA — Risk / Return Rank
^VIX
TSLA
^VIX vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CBOE Volatility Index (^VIX) and Tesla, Inc. (TSLA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^VIX | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.04 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 0.02 | -0.11 |
| Martin ratioReturn relative to average drawdown | -0.13 | 0.06 | -0.19 |
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Drawdowns
^VIX vs. TSLA - Drawdown Comparison
The maximum ^VIX drawdown since its inception was -88.70%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for ^VIX and TSLA.
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Drawdown Indicators
| ^VIX | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.70% | -73.63% | -15.07% |
Max Drawdown (1Y)Largest decline over 1 year | -51.59% | -39.10% | -12.49% |
Max Drawdown (3Y)Largest decline over 3 years | -74.26% | -53.77% | -20.49% |
Max Drawdown (5Y)Largest decline over 5 years | -74.26% | -73.63% | -0.63% |
Max Drawdown (10Y)Largest decline over 10 years | -85.66% | -73.63% | -12.03% |
Current DrawdownCurrent decline from peak | -80.66% | -36.47% | -44.19% |
Average DrawdownAverage peak-to-trough decline | -64.12% | -22.72% | -41.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.86% | 15.31% | +18.55% |
Volatility
^VIX vs. TSLA - Volatility Comparison
CBOE Volatility Index (^VIX) has a higher volatility of 37.09% compared to Tesla, Inc. (TSLA) at 20.43%. This indicates that ^VIX's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ^VIX | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.09% | 20.43% | +16.66% |
Volatility (6M)Calculated over the trailing 6-month period | 92.23% | 34.55% | +57.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 127.66% | 46.36% | +81.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 127.54% | 59.65% | +67.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 136.71% | 59.43% | +77.28% |
Frequently Asked Questions
^VIX and TSLA have a correlation of -0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^VIX has higher volatility (37.09%) compared to TSLA (20.43%). In terms of maximum drawdown, ^VIX dropped -88.70% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.02 vs -0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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