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:
0.51
TSLA:
1.12
SOL-USD:
1.27
TSLA:
1.90
SOL-USD:
1.12
TSLA:
1.23
SOL-USD:
0.28
TSLA:
1.08
SOL-USD:
2.32
TSLA:
3.07
SOL-USD:
17.40%
TSLA:
22.90%
SOL-USD:
69.92%
TSLA:
62.85%
SOL-USD:
-96.27%
TSLA:
-73.63%
SOL-USD:
-25.00%
TSLA:
-12.25%
Returns By Period
In the year-to-date period, SOL-USD achieves a 91.33% return, which is significantly higher than TSLA's 69.45% return.
SOL-USD
91.33%
-24.45%
45.29%
98.16%
N/A
N/A
TSLA
69.45%
23.97%
130.07%
66.73%
72.25%
39.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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
Solana (SOL-USD) has a higher volatility of 21.59% compared to Tesla, Inc. (TSLA) at 17.16%. This indicates that SOL-USD'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.