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KOLD vs. TSLA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

KOLD vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Bloomberg Natural Gas (KOLD) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember
65.75%
92.10%
KOLD
TSLA

Returns By Period

The year-to-date returns for both investments are quite close, with KOLD having a 38.47% return and TSLA slightly higher at 39.25%. Over the past 10 years, KOLD has underperformed TSLA with an annualized return of -6.84%, while TSLA has yielded a comparatively higher 35.93% annualized return.


KOLD

YTD

38.47%

1M

-14.00%

6M

46.38%

1Y

93.25%

5Y (annualized)

-25.56%

10Y (annualized)

-6.84%

TSLA

YTD

39.25%

1M

56.77%

6M

85.42%

1Y

46.86%

5Y (annualized)

71.31%

10Y (annualized)

35.93%

Key characteristics


KOLDTSLA
Sharpe Ratio1.040.78
Sortino Ratio1.781.54
Omega Ratio1.211.19
Calmar Ratio1.080.73
Martin Ratio4.002.08
Ulcer Index25.95%22.88%
Daily Std Dev99.63%61.24%
Max Drawdown-99.45%-73.63%
Current Drawdown-92.26%-15.60%

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Correlation

-0.50.00.51.0-0.0

The correlation between KOLD and TSLA is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Risk-Adjusted Performance

KOLD vs. TSLA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Bloomberg Natural Gas (KOLD) 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 ratio
The chart of Sharpe ratio for KOLD, currently valued at 1.04, compared to the broader market0.002.004.006.001.040.78
The chart of Sortino ratio for KOLD, currently valued at 1.78, compared to the broader market-2.000.002.004.006.008.0010.0012.001.781.54
The chart of Omega ratio for KOLD, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.001.211.19
The chart of Calmar ratio for KOLD, currently valued at 1.08, compared to the broader market0.005.0010.0015.001.080.73
The chart of Martin ratio for KOLD, currently valued at 4.00, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.002.08
KOLD
TSLA

The current KOLD Sharpe Ratio is 1.04, which is higher than the TSLA Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of KOLD and TSLA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.04
0.78
KOLD
TSLA

Dividends

KOLD vs. TSLA - Dividend Comparison

Neither KOLD nor TSLA has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

KOLD vs. TSLA - Drawdown Comparison

The maximum KOLD drawdown since its inception was -99.45%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for KOLD and TSLA. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%JuneJulyAugustSeptemberOctoberNovember
-92.26%
-15.60%
KOLD
TSLA

Volatility

KOLD vs. TSLA - Volatility Comparison

ProShares UltraShort Bloomberg Natural Gas (KOLD) has a higher volatility of 30.92% compared to Tesla, Inc. (TSLA) at 28.91%. This indicates that KOLD'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.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%JuneJulyAugustSeptemberOctoberNovember
30.92%
28.91%
KOLD
TSLA