QS vs. TSLA

Last updated Apr 1, 2026

Compare and contrast key facts about QuantumScape Corporation (QS) and Tesla, Inc. (TSLA).

Performance

QS vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QuantumScape Corporation (QS) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

QS vs. TSLA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QS QuantumScape Corporation	-38.77%	100.77%	-25.32%	22.57%	-74.45%	-73.72%	753.03%
TSLA Tesla, Inc.	-17.34%	11.36%	62.52%	101.72%	-65.03%	49.76%	92.21%

Fundamentals

Market Cap QS : $3.86B TSLA : $1.32T
EPS QS : -$0.75 TSLA : $1.08
PB Ratio QS : 3.30 TSLA : 16.02
Total Revenue (TTM) QS : $0.00 TSLA : $94.83B
Gross Profit (TTM) QS : -$51.97M TSLA : $17.09B
EBITDA (TTM) QS : -$391.87M TSLA : $11.76B

Returns By Period

In the year-to-date period, QS achieves a -38.77% return, which is significantly lower than TSLA's -17.34% return.

QS

• 1D: 7.05%
• 1M: -7.80%
• YTD: -38.77%
• 6M: -48.21%
• 1Y: 53.37%
• 3Y*: -7.95%
• 5Y*: -33.57%
• 10Y*: —

TSLA

• 1D: 4.64%
• 1M: -7.64%
• YTD: -17.34%
• 6M: -16.41%
• 1Y: 43.44%
• 3Y*: 21.46%
• 5Y*: 11.00%
• 10Y*: 37.10%

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

Return for Risk

QS vs. TSLA — Risk / Return Rank

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

QS

QS Risk / Return Rank: 63
QS Sharpe Ratio Rank: 61
QS Sortino Ratio Rank: 71
QS Omega Ratio Rank: 66
QS Calmar Ratio Rank: 59
QS Martin Ratio Rank: 56

TSLA

TSLA Risk / Return Rank: 69
TSLA Sharpe Ratio Rank: 70
TSLA Sortino Ratio Rank: 67
TSLA Omega Ratio Rank: 64
TSLA Calmar Ratio Rank: 72
TSLA Martin Ratio Rank: 72

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.

QS vs. TSLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QuantumScape Corporation (QS) 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.

	QS	TSLA	Difference
Sharpe ratio Return per unit of total volatility	0.52	0.79	-0.27
Sortino ratio Return per unit of downside risk	1.60	1.44	+0.16
Omega ratio Gain probability vs. loss probability	1.19	1.18	+0.01
Calmar ratio Return relative to maximum drawdown	0.70	1.49	-0.79
Martin ratio Return relative to average drawdown	1.36	3.66	-2.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QS vs. TSLA - Sharpe Ratio Comparison

The current QS Sharpe Ratio is 0.52, which is lower than the TSLA Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of QS 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.

Sharpe Ratios by Period

	QS	TSLA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	0.79	-0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.39	0.19	-0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.72	-0.79

Correlation

The correlation between QS and TSLA is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QS vs. TSLA - Dividend Comparison

Neither QS nor TSLA has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

QS vs. TSLA - Drawdown Comparison

The maximum QS drawdown since its inception was -97.36%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for QS and TSLA.

Drawdown Indicators

	QS	TSLA	Difference
Max Drawdown Largest peak-to-trough decline	-97.36%	-73.63%	-23.73%
Max Drawdown (1Y) Largest decline over 1 year	-67.68%	-27.48%	-40.20%
Max Drawdown (5Y) Largest decline over 5 years	-92.97%	-73.63%	-19.34%
Max Drawdown (10Y) Largest decline over 10 years	—	-73.63%	—
Current Drawdown Current decline from peak	-95.15%	-24.11%	-71.04%
Average Drawdown Average peak-to-trough decline	-85.26%	-22.77%	-62.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.82%	11.21%	+23.61%

Volatility

QS vs. TSLA - Volatility Comparison

QuantumScape Corporation (QS) has a higher volatility of 17.92% compared to Tesla, Inc. (TSLA) at 11.25%. This indicates that QS'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.

Volatility by Period

	QS	TSLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.92%	11.25%	+6.67%
Volatility (6M) Calculated over the trailing 6-month period	60.04%	29.73%	+30.31%
Volatility (1Y) Calculated over the trailing 1-year period	103.91%	55.49%	+48.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.40%	59.07%	+27.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.95%	59.03%	+47.92%

Financials