TELA vs. HOOD

Last updated Aug 1, 2026

TELA (TELA Bio, Inc.) and HOOD (Robinhood Markets, Inc.) are both stocks. TELA operates in Medical Devices (Healthcare), while HOOD operates in Capital Markets (Financial Services). Over the past 5 years, TELA returned -45.41%/yr vs 19.75%/yr for HOOD. Their 0.15 correlation means their historical movements had little consistent relationship.

Performance

TELA vs. HOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TELA Bio, Inc. (TELA) and Robinhood Markets, Inc. (HOOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TELA achieves a -38.14% return, which is significantly lower than HOOD's -23.47% return.

TELA

• 1D: 2.83%
• 1M: 1.18%
• 6M: -27.01%
• YTD: -38.14%
• 1Y: -60.76%
• 3Y*: -58.42%
• 5Y*: -45.41%
• 10Y*: —
• ALL TIME*: -35.37%

HOOD

• 1D: -0.05%
• 1M: -23.21%
• 6M: -12.99%
• YTD: -23.47%
• 1Y: -13.35%
• 3Y*: 88.76%
• 5Y*: 19.75%
• 10Y*: —
• ALL TIME*: 17.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HOOD Robinhood Markets, Inc.	$1.93B	$2.33B	$2.54B
TELA TELA Bio, Inc.	$22.91K	$41.06K	$103.14K

TELA vs. HOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TELA TELA Bio, Inc.	-38.14%	-60.93%	-54.38%	-42.43%	-10.16%	-14.67%
HOOD Robinhood Markets, Inc.	-23.47%	203.54%	192.46%	56.51%	-54.17%	-53.26%

Correlation

The correlation between TELA and HOOD is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.09
Correlation (3Y) Balances recent behavior with more history.	0.14
Correlation (5Y) Shows whether the relationship held over a longer period.	0.15
Correlation (All Time) Calculated using the full available price history since Jul 29, 2021	0.15

Fundamentals

Market Cap TELA : $32.67M HOOD : $77.82B
EPS TELA : -$0.77 HOOD : $2.27
PS Ratio TELA : 0.46 HOOD : 23.99
Total Revenue (TTM) TELA : $80.81M HOOD : $3.31B
Gross Profit (TTM) TELA : $54.35M HOOD : $2.09B
EBITDA (TTM) TELA : -$32.76M HOOD : $2.44B

Return for Risk

TELA vs. HOOD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TELA

TELA Risk / Return Rank: 14
TELA Sharpe Ratio Rank: 14
TELA Sortino Ratio Rank: 15
TELA Omega Ratio Rank: 18
TELA Calmar Ratio Rank: 12
TELA Martin Ratio Rank: 14

HOOD

HOOD Risk / Return Rank: 36
HOOD Sharpe Ratio Rank: 35
HOOD Sortino Ratio Rank: 37
HOOD Omega Ratio Rank: 36
HOOD Calmar Ratio Rank: 35
HOOD Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TELA vs. HOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TELA Bio, Inc. (TELA) and Robinhood Markets, Inc. (HOOD). 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.

	TELA	HOOD	Difference
Sharpe ratio: Return per unit of total volatility	-0.67	-0.23	-0.44
Sortino ratio: Return per unit of downside risk	-0.81	0.15	-0.96
Omega ratio: Gain probability vs. loss probability	0.91	1.02	-0.11
Calmar ratio: Return relative to maximum drawdown	-0.82	-0.28	-0.54
Martin ratio: Return relative to average drawdown	-1.24	-0.47	-0.77

TELA vs. HOOD - Sharpe Ratio Comparison

The current TELA Sharpe Ratio is -0.67, which is lower than the HOOD Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of TELA and HOOD, 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

TELA vs. HOOD - Drawdown Comparison

The maximum TELA drawdown since its inception was -97.52%, which is greater than HOOD's maximum drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for TELA and HOOD.

Drawdown Indicators

	TELA	HOOD	Difference
Max Drawdown Largest peak-to-trough decline	-97.52%	-90.21%	-7.31%
Max Drawdown (1Y) Largest decline over 1 year	-69.88%	-57.26%	-12.62%
Max Drawdown (3Y) Largest decline over 3 years	-94.22%	-57.26%	-36.96%
Max Drawdown (5Y) Largest decline over 5 years	-96.04%	-90.21%	-5.83%
Current Drawdown Current decline from peak	-96.77%	-43.22%	-53.55%
Average Drawdown Average peak-to-trough decline	-61.79%	-60.10%	-1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.90%	33.81%	+12.09%

Volatility

TELA vs. HOOD - Volatility Comparison

TELA Bio, Inc. (TELA) has a higher volatility of 26.02% compared to Robinhood Markets, Inc. (HOOD) at 17.67%. This indicates that TELA's price experiences larger fluctuations and is considered to be riskier than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TELA	HOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.02%	17.67%	+8.35%
Volatility (6M) Calculated over the trailing 6-month period	72.17%	53.55%	+18.62%
Volatility (1Y) Calculated over the trailing 1-year period	86.76%	70.22%	+16.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.58%	73.87%	-6.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.70%	73.91%	-3.21%

Dividends

TELA vs. HOOD - Dividend Comparison

Neither TELA nor HOOD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TELA and HOOD in my portfolio?

TELA and HOOD have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TELA or HOOD?

TELA has higher volatility (26.02%) compared to HOOD (17.67%). In terms of maximum drawdown, TELA dropped -97.52% vs HOOD's -90.21%.

Which has better risk-adjusted returns?

HOOD currently has the higher Sharpe Ratio (-0.23 vs -0.67), 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.