BLND vs. TSLA
BLND (Blend Labs, Inc.) and TSLA (Tesla, Inc.) are both stocks. BLND operates in Software - Application (Technology), while TSLA operates in Auto Manufacturers (Consumer Cyclical). Over the past 3 years, BLND returned 16.10%/yr vs 16.25%/yr for TSLA. At a 0.30 correlation, their price movements are largely independent.
Performance
BLND vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, BLND achieves a -44.41% return, which is significantly lower than TSLA's -9.63% return.
BLND
- 1D
- -3.43%
- 1M
- 15.75%
- YTD
- -44.41%
- 6M
- -46.01%
- 1Y
- -51.85%
- 3Y*
- 16.10%
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- 1.82%
- 1M
- -8.72%
- YTD
- -9.63%
- 6M
- -11.45%
- 1Y
- 27.36%
- 3Y*
- 16.25%
- 5Y*
- 14.86%
- 10Y*
- 39.72%
BLND vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BLND Blend Labs, Inc. | -44.41% | -27.79% | 65.10% | 77.08% | -80.38% | -63.30% |
TSLA Tesla, Inc. | -9.63% | 11.36% | 62.52% | 101.72% | -65.03% | 62.43% |
Correlation
The correlation between BLND and TSLA is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.30 |
Fundamentals
BLND:
$432.01M
TSLA:
$1.44T
BLND:
-$0.04
TSLA:
$1.10
BLND:
3.45
TSLA:
14.66
BLND:
$127.59M
TSLA:
$97.88B
BLND:
$95.50M
TSLA:
$18.66B
BLND:
-$16.09M
TSLA:
$10.48B
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Return for Risk
BLND vs. TSLA — Risk / Return Rank
BLND
TSLA
BLND vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blend Labs, Inc. (BLND) 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.
| BLND | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.13 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 0.92 | -1.68 |
| Martin ratioReturn relative to average drawdown | -1.25 | 2.10 | -3.35 |
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Drawdowns
BLND vs. TSLA - Drawdown Comparison
The maximum BLND drawdown since its inception was -97.37%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for BLND and TSLA.
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Drawdown Indicators
| BLND | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.37% | -73.63% | -23.74% |
Max Drawdown (1Y)Largest decline over 1 year | -68.42% | -29.93% | -38.49% |
Max Drawdown (3Y)Largest decline over 3 years | -74.21% | -53.77% | -20.44% |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.63% | — |
Current DrawdownCurrent decline from peak | -91.91% | -17.03% | -74.88% |
Average DrawdownAverage peak-to-trough decline | -81.07% | -22.72% | -58.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.53% | 13.06% | +28.47% |
Volatility
BLND vs. TSLA - Volatility Comparison
Blend Labs, Inc. (BLND) has a higher volatility of 23.76% compared to Tesla, Inc. (TSLA) at 14.25%. This indicates that BLND'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
| BLND | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.76% | 14.25% | +9.51% |
Volatility (6M)Calculated over the trailing 6-month period | 54.66% | 28.73% | +25.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.73% | 44.49% | +27.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.34% | 58.98% | +25.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.34% | 59.14% | +25.20% |
Dividends
BLND vs. TSLA - Dividend Comparison
Neither BLND nor TSLA has paid dividends to shareholders.
Financials
BLND vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Blend Labs, Inc. and Tesla, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BLND vs. TSLA - Profitability Comparison
BLND - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blend Labs, Inc. reported a gross profit of 23.37M and revenue of 30.84M. Therefore, the gross margin over that period was 75.8%.
TSLA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported a gross profit of 4.72B and revenue of 22.39B. Therefore, the gross margin over that period was 21.1%.
BLND - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blend Labs, Inc. reported an operating income of -5.06M and revenue of 30.84M, resulting in an operating margin of -16.4%.
TSLA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported an operating income of 941.00M and revenue of 22.39B, resulting in an operating margin of 4.2%.
BLND - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blend Labs, Inc. reported a net income of -12.78M and revenue of 30.84M, resulting in a net margin of -41.4%.
TSLA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported a net income of 491.00M and revenue of 22.39B, resulting in a net margin of 2.2%.
Frequently Asked Questions
BLND and TSLA have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BLND has higher volatility (23.76%) compared to TSLA (14.25%). In terms of maximum drawdown, BLND dropped -97.37% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.62 vs -0.73), 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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