PSCT vs. TSLA

Last updated Jun 24, 2026

PSCT (Invesco S&P SmallCap Information Technology ETF) is Technology Equities fund tracking the S&P SmallCap 600 Information Technology Index, while TSLA (Tesla, Inc.) is a stock. Over the past 10 years, PSCT returned 16.76%/yr vs 40.34%/yr for TSLA. At a 0.46 correlation, their price movements are largely independent.

Performance

PSCT vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Information Technology ETF (PSCT) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCT achieves a 49.75% return, which is significantly higher than TSLA's -15.14% return. Over the past 10 years, PSCT has underperformed TSLA with an annualized return of 16.76%, while TSLA has yielded a comparatively higher 40.34% annualized return.

PSCT

• 1D: -2.98%
• 1M: 1.89%
• YTD: 49.75%
• 6M: 45.37%
• 1Y: 89.11%
• 3Y*: 22.35%
• 5Y*: 12.33%
• 10Y*: 16.76%

TSLA

• 1D: -5.79%
• 1M: -10.42%
• YTD: -15.14%
• 6M: -21.41%
• 1Y: 9.44%
• 3Y*: 14.14%
• 5Y*: 10.99%
• 10Y*: 40.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSCT vs. TSLA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSCT Invesco S&P SmallCap Information Technology ETF	49.75%	18.63%	-1.06%	20.81%	-22.50%	26.26%	27.79%	39.38%	-9.34%	9.96%
TSLA Tesla, Inc.	-15.14%	11.36%	62.52%	101.72%	-65.03%	49.76%	743.44%	25.70%	6.89%	45.70%

Correlation

The correlation between PSCT and TSLA is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jun 29, 2010	0.46

The correlation between PSCT and TSLA has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.

Return for Risk

PSCT vs. TSLA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSCT

PSCT Risk / Return Rank: 86
PSCT Sharpe Ratio Rank: 89
PSCT Sortino Ratio Rank: 80
PSCT Omega Ratio Rank: 77
PSCT Calmar Ratio Rank: 92
PSCT Martin Ratio Rank: 94

TSLA

TSLA Risk / Return Rank: 49
TSLA Sharpe Ratio Rank: 51
TSLA Sortino Ratio Rank: 47
TSLA Omega Ratio Rank: 45
TSLA Calmar Ratio Rank: 50
TSLA Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSCT vs. TSLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Information Technology ETF (PSCT) 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.

	PSCT	TSLA	Difference
Sharpe ratio: Return per unit of total volatility	2.83	0.22	+2.62
Sortino ratio: Return per unit of downside risk	3.32	0.61	+2.71
Omega ratio: Gain probability vs. loss probability	1.43	1.07	+0.36
Calmar ratio: Return relative to maximum drawdown	6.05	0.32	+5.73
Martin ratio: Return relative to average drawdown	24.56	0.72	+23.84

PSCT vs. TSLA - Sharpe Ratio Comparison

The current PSCT Sharpe Ratio is 2.83, which is higher than the TSLA Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of PSCT and TSLA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSCT vs. TSLA - Drawdown Comparison

The maximum PSCT drawdown since its inception was -40.44%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for PSCT and TSLA.

Drawdown Indicators

	PSCT	TSLA	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-73.63%	+33.19%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-29.93%	+15.13%
Max Drawdown (3Y) Largest decline over 3 years	-33.96%	-53.77%	+19.81%
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	-73.63%	+38.83%
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	-73.63%	+33.19%
Current Drawdown Current decline from peak	-4.02%	-22.10%	+18.08%
Average Drawdown Average peak-to-trough decline	-7.89%	-22.71%	+14.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	13.37%	-9.73%

Volatility

PSCT vs. TSLA - Volatility Comparison

Invesco S&P SmallCap Information Technology ETF (PSCT) and Tesla, Inc. (TSLA) have volatilities of 13.89% and 14.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCT	TSLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.89%	14.29%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	23.58%	28.36%	-4.78%
Volatility (1Y) Calculated over the trailing 1-year period	31.64%	44.68%	-13.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.15%	59.03%	-30.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.88%	59.11%	-32.23%

Dividends

PSCT vs. TSLA - Dividend Comparison

Neither PSCT nor TSLA has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSCT Invesco S&P SmallCap Information Technology ETF	0.00%	0.02%	0.01%	0.02%	0.00%	0.01%	0.08%	0.22%	0.47%	0.19%	0.25%	0.15%
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%

Frequently Asked Questions

Can I hold both PSCT and TSLA in my portfolio?

PSCT and TSLA have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCT or TSLA?

TSLA has higher volatility (14.29%) compared to PSCT (13.89%). In terms of maximum drawdown, PSCT dropped -40.44% vs TSLA's -73.63%.

Which has better risk-adjusted returns?

PSCT currently has the higher Sharpe Ratio (2.83 vs 0.22), 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.