ESI vs. TSLA
ESI (Element Solutions Inc) and TSLA (Tesla, Inc.) are both stocks. ESI operates in Specialty Chemicals (Basic Materials), while TSLA operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, ESI returned 18.71%/yr vs 39.21%/yr for TSLA. At a 0.31 correlation, their price movements are largely independent.
Performance
ESI vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, ESI achieves a 84.72% return, which is significantly higher than TSLA's -10.95% return. Over the past 10 years, ESI has underperformed TSLA with an annualized return of 18.71%, while TSLA has yielded a comparatively higher 39.21% annualized return.
ESI
- 1D
- 1.59%
- 1M
- 13.58%
- YTD
- 84.72%
- 6M
- 83.47%
- 1Y
- 117.36%
- 3Y*
- 36.03%
- 5Y*
- 16.31%
- 10Y*
- 18.71%
TSLA
- 1D
- 1.04%
- 1M
- -4.02%
- YTD
- -10.95%
- 6M
- -16.77%
- 1Y
- 24.36%
- 3Y*
- 15.41%
- 5Y*
- 14.03%
- 10Y*
- 39.21%
ESI vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESI Element Solutions Inc | 84.72% | -0.44% | 11.29% | 29.26% | -23.91% | 38.51% | 52.36% | 13.07% | 4.13% | 1.12% |
TSLA Tesla, Inc. | -10.95% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
Correlation
The correlation between ESI and TSLA is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2013 | 0.31 |
Fundamentals
ESI:
$11.20B
TSLA:
$1.42T
ESI:
$0.61
TSLA:
$1.10
ESI:
75.02
TSLA:
364.79
ESI:
7.23
TSLA:
44.63
ESI:
3.99
TSLA:
14.45
ESI:
4.10
TSLA:
16.85
ESI:
$2.80B
TSLA:
$97.88B
ESI:
$1.14B
TSLA:
$18.66B
ESI:
$407.70M
TSLA:
$10.48B
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Return for Risk
ESI vs. TSLA — Risk / Return Rank
ESI
TSLA
ESI vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Element Solutions Inc (ESI) 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.
| ESI | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.36 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.12 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 6.61 | 0.82 | +5.80 |
| Martin ratioReturn relative to average drawdown | 20.54 | 1.84 | +18.70 |
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Drawdowns
ESI vs. TSLA - Drawdown Comparison
The maximum ESI drawdown since its inception was -80.66%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for ESI and TSLA.
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Drawdown Indicators
| ESI | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.66% | -73.63% | -7.03% |
Max Drawdown (1Y)Largest decline over 1 year | -17.85% | -29.93% | +12.08% |
Max Drawdown (3Y)Largest decline over 3 years | -39.98% | -53.77% | +13.79% |
Max Drawdown (5Y)Largest decline over 5 years | -39.98% | -73.63% | +33.65% |
Max Drawdown (10Y)Largest decline over 10 years | -56.24% | -73.63% | +17.39% |
Current DrawdownCurrent decline from peak | 0.00% | -18.25% | +18.25% |
Average DrawdownAverage peak-to-trough decline | -36.09% | -22.71% | -13.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.73% | 13.25% | -7.52% |
Volatility
ESI vs. TSLA - Volatility Comparison
Element Solutions Inc (ESI) has a higher volatility of 14.20% compared to Tesla, Inc. (TSLA) at 13.43%. This indicates that ESI'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
| ESI | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.20% | 13.43% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 33.63% | 28.33% | +5.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.58% | 44.31% | -3.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.65% | 58.99% | -24.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.19% | 59.15% | -21.96% |
Dividends
ESI vs. TSLA - Dividend Comparison
ESI's dividend yield for the trailing twelve months is around 0.70%, while TSLA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ESI Element Solutions Inc | 0.70% | 1.28% | 1.26% | 1.38% | 1.76% | 1.03% | 0.28% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ESI vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Element Solutions 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
ESI vs. TSLA - Profitability Comparison
ESI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Element Solutions Inc reported a gross profit of 322.70M and revenue of 840.00M. Therefore, the gross margin over that period was 38.4%.
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%.
ESI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Element Solutions Inc reported an operating income of 111.40M and revenue of 840.00M, resulting in an operating margin of 13.3%.
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%.
ESI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Element Solutions Inc reported a net income of 55.90M and revenue of 840.00M, resulting in a net margin of 6.7%.
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
ESI and TSLA have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESI has higher volatility (14.20%) compared to TSLA (13.43%). In terms of maximum drawdown, ESI dropped -80.66% vs TSLA's -73.63%.
ESI currently has the higher Sharpe Ratio (2.91 vs 0.55), 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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