PSNY vs. TSLA
PSNY (Polestar Automotive Holding UK PLC Class A ADS) and TSLA (Tesla, Inc.) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector. Over the past 3 years, PSNY returned -48.98%/yr vs 11.95%/yr for TSLA. At a 0.25 correlation, their price movements are largely independent.
Performance
PSNY vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, PSNY achieves a -15.72% return, which is significantly lower than TSLA's -12.22% return.
PSNY
- 1D
- -3.69%
- 1M
- -6.05%
- 6M
- -8.90%
- YTD
- -15.72%
- 1Y
- -44.41%
- 3Y*
- -48.98%
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- -3.19%
- 1M
- -2.87%
- 6M
- -12.07%
- YTD
- -12.22%
- 1Y
- 25.92%
- 3Y*
- 11.95%
- 5Y*
- 12.63%
- 10Y*
- 38.97%
PSNY vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PSNY Polestar Automotive Holding UK PLC Class A ADS | -15.72% | -32.16% | -53.54% | -57.44% | -59.09% |
TSLA Tesla, Inc. | -12.22% | 11.36% | 62.52% | 101.72% | -47.60% |
Correlation
The correlation between PSNY and TSLA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2022 | 0.25 |
The correlation between PSNY and TSLA shifts across timeframes, from 0.11 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PSNY:
$1.27B
TSLA:
$1.48T
PSNY:
$2.55B
TSLA:
$97.88B
PSNY:
-$828.47M
TSLA:
$18.66B
PSNY:
-$417.20M
TSLA:
$10.48B
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Return for Risk
PSNY vs. TSLA — Risk / Return Rank
PSNY
TSLA
PSNY vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polestar Automotive Holding UK PLC Class A ADS (PSNY) 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.
| PSNY | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.13 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 0.87 | -1.50 |
| Martin ratioReturn relative to average drawdown | -0.94 | 1.91 | -2.85 |
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Drawdowns
PSNY vs. TSLA - Drawdown Comparison
The maximum PSNY drawdown since its inception was -96.92%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for PSNY and TSLA.
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Drawdown Indicators
| PSNY | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.92% | -73.63% | -23.29% |
Max Drawdown (1Y)Largest decline over 1 year | -70.78% | -29.93% | -40.85% |
Max Drawdown (3Y)Largest decline over 3 years | -91.46% | -53.77% | -37.69% |
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 | -95.38% | -19.42% | -75.96% |
Average DrawdownAverage peak-to-trough decline | -81.05% | -22.70% | -58.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.20% | 13.61% | +33.59% |
Volatility
PSNY vs. TSLA - Volatility Comparison
Polestar Automotive Holding UK PLC Class A ADS (PSNY) has a higher volatility of 20.47% compared to Tesla, Inc. (TSLA) at 17.43%. This indicates that PSNY'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
| PSNY | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.47% | 17.43% | +3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 64.23% | 31.20% | +33.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.41% | 44.82% | +48.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.48% | 59.30% | +25.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.48% | 59.26% | +25.22% |
Dividends
PSNY vs. TSLA - Dividend Comparison
Neither PSNY nor TSLA has paid dividends to shareholders.
Financials
PSNY vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Polestar Automotive Holding UK PLC Class A ADS 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
Frequently Asked Questions
PSNY and TSLA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSNY has higher volatility (20.47%) compared to TSLA (17.43%). In terms of maximum drawdown, PSNY dropped -96.92% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.58 vs -0.48), 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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