SOL-USD vs. TSLA
Compare and contrast key facts about Solana (SOL-USD) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOL-USD or TSLA.
Correlation
The correlation between SOL-USD and TSLA is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SOL-USD vs. TSLA - Performance Comparison
Key characteristics
SOL-USD:
-0.49
TSLA:
0.60
SOL-USD:
-0.30
TSLA:
1.34
SOL-USD:
0.97
TSLA:
1.16
SOL-USD:
0.04
TSLA:
0.65
SOL-USD:
-1.66
TSLA:
2.13
SOL-USD:
26.56%
TSLA:
19.80%
SOL-USD:
73.45%
TSLA:
69.98%
SOL-USD:
-96.27%
TSLA:
-73.63%
SOL-USD:
-53.11%
TSLA:
-50.10%
Returns By Period
In the year-to-date period, SOL-USD achieves a -35.12% return, which is significantly higher than TSLA's -40.71% return.
SOL-USD
-35.12%
-16.05%
-14.24%
-33.25%
N/A
N/A
TSLA
-40.71%
-14.21%
-4.26%
39.93%
49.70%
33.34%
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Risk-Adjusted Performance
SOL-USD vs. TSLA — Risk-Adjusted Performance Rank
SOL-USD
TSLA
SOL-USD vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Solana (SOL-USD) 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.
Drawdowns
SOL-USD vs. TSLA - Drawdown Comparison
The maximum SOL-USD drawdown since its inception was -96.27%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for SOL-USD and TSLA. For additional features, visit the drawdowns tool.
Volatility
SOL-USD vs. TSLA - Volatility Comparison
The current volatility for Solana (SOL-USD) is 24.82%, while Tesla, Inc. (TSLA) has a volatility of 30.15%. This indicates that SOL-USD experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.