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BLK vs. TSLA

Last updated Jun 1, 2023

Compare and contrast key facts about BlackRock, Inc. (BLK) and Tesla, Inc. (TSLA).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLK or TSLA.

Key characteristics


BLKTSLA
YTD Return-6.54%65.55%
1Y Return1.13%-19.32%
5Y Return (Ann)6.81%60.17%
10Y Return (Ann)11.73%41.16%
Sharpe Ratio0.05-0.31
Daily Std Dev33.54%62.09%
Max Drawdown-60.36%-73.63%

Fundamentals


BLKTSLA
Market Cap$100.69B$612.25B
EPS$32.27$3.55
PE Ratio20.8354.41
PEG Ratio13.911.28
Revenue (TTM)$17.42B$86.03B
Gross Profit (TTM)$8.79B$20.85B
EBITDA (TTM)$6.58B$16.67B

Correlation

0.33
-1.001.00

The correlation between BLK and TSLA is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

BLK vs. TSLA - Performance Comparison

In the year-to-date period, BLK achieves a -6.54% return, which is significantly lower than TSLA's 65.55% return. Over the past 10 years, BLK has underperformed TSLA with an annualized return of 11.73%, while TSLA has yielded a comparatively higher 41.16% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-30.00%-20.00%-10.00%0.00%10.00%2023FebruaryMarchAprilMay
-7.66%
4.74%
BLK
TSLA

Compare stocks, funds, or ETFs


BlackRock, Inc.

Tesla, Inc.

BLK vs. TSLA - Dividend Comparison

BLK's dividend yield for the trailing twelve months is around 3.73%, while TSLA has not paid dividends to shareholders.


TTM20222021202020192018201720162015201420132012
BLK
BlackRock, Inc.
3.73%2.77%1.87%2.13%2.84%3.42%2.23%2.82%3.08%2.66%2.68%3.76%
TSLA
Tesla, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

BLK vs. TSLA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock, Inc. (BLK) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BLK
BlackRock, Inc.
0.05
TSLA
Tesla, Inc.
-0.31

BLK vs. TSLA - Sharpe Ratio Comparison

The current BLK Sharpe Ratio is 0.05, which is higher than the TSLA Sharpe Ratio of -0.31. The chart below compares the 12-month rolling Sharpe Ratio of BLK and TSLA.


-1.00-0.500.000.502023FebruaryMarchAprilMay
0.05
-0.31
BLK
TSLA

BLK vs. TSLA - Drawdown Comparison

The maximum BLK drawdown for the period was -32.97%, higher than the maximum TSLA drawdown of -73.63%. The drawdown chart below compares losses from any high point along the way for BLK and TSLA


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%2023FebruaryMarchAprilMay
-29.56%
-50.26%
BLK
TSLA

BLK vs. TSLA - Volatility Comparison

The current volatility for BlackRock, Inc. (BLK) is 7.20%, while Tesla, Inc. (TSLA) has a volatility of 10.89%. This indicates that BLK experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%2023FebruaryMarchAprilMay
7.20%
10.89%
BLK
TSLA