TELA vs. HOOD
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 3 years, TELA returned -56.70%/yr vs 107.01%/yr for HOOD. At a 0.16 correlation, their price movements are largely independent.
Performance
TELA vs. HOOD - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with TELA having a -27.12% return and HOOD slightly higher at -26.75%.
TELA
- 1D
- -5.49%
- 1M
- -21.10%
- YTD
- -27.12%
- 6M
- -25.22%
- 1Y
- -45.22%
- 3Y*
- -56.70%
- 5Y*
- -41.93%
- 10Y*
- —
HOOD
- 1D
- -6.02%
- 1M
- 8.23%
- YTD
- -26.75%
- 6M
- -38.01%
- 1Y
- 15.52%
- 3Y*
- 107.01%
- 5Y*
- —
- 10Y*
- —
TELA vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TELA TELA Bio, Inc. | -27.12% | -60.93% | -54.38% | -42.43% | -10.16% | -15.40% |
HOOD Robinhood Markets, Inc. | -26.75% | 203.54% | 192.46% | 56.51% | -54.17% | -48.99% |
Correlation
The correlation between TELA and HOOD is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2021 | 0.16 |
Fundamentals
TELA:
$49.24M
HOOD:
$75.81B
TELA:
-$0.80
HOOD:
$2.07
TELA:
0.53
HOOD:
19.41
TELA:
$80.81M
HOOD:
$3.91B
TELA:
$54.35M
HOOD:
$2.86B
TELA:
-$32.76M
HOOD:
$1.80B
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Return for Risk
TELA vs. HOOD — Risk / Return Rank
TELA
HOOD
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.
| TELA | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.10 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 0.27 | -0.89 |
| Martin ratioReturn relative to average drawdown | -0.99 | 0.50 | -1.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TELA | HOOD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.52 | 0.23 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.49 | 0.27 | -0.75 |
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.
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Drawdown Indicators
| TELA | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.52% | -90.21% | -7.31% |
Max Drawdown (1Y)Largest decline over 1 year | -73.82% | -57.26% | -16.56% |
Max Drawdown (3Y)Largest decline over 3 years | -94.98% | -57.26% | -37.72% |
Max Drawdown (5Y)Largest decline over 5 years | -96.52% | — | — |
Current DrawdownCurrent decline from peak | -96.20% | -45.66% | -50.54% |
Average DrawdownAverage peak-to-trough decline | -60.96% | -60.99% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.69% | 30.88% | +14.81% |
Volatility
TELA vs. HOOD - Volatility Comparison
TELA Bio, Inc. (TELA) has a higher volatility of 32.26% compared to Robinhood Markets, Inc. (HOOD) at 21.14%. 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.
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Volatility by Period
| TELA | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.26% | 21.14% | +11.12% |
Volatility (6M)Calculated over the trailing 6-month period | 66.20% | 50.03% | +16.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.03% | 68.61% | +19.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.26% | 73.99% | -7.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.31% | 73.99% | -3.68% |
Dividends
TELA vs. HOOD - Dividend Comparison
Neither TELA nor HOOD has paid dividends to shareholders.
Financials
TELA vs. HOOD - Financials Comparison
This section allows you to compare key financial metrics between TELA Bio, Inc. and Robinhood Markets, 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
TELA vs. HOOD - Profitability Comparison
TELA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TELA Bio, Inc. reported a gross profit of 12.52M and revenue of 19.06M. Therefore, the gross margin over that period was 65.7%.
HOOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a gross profit of 0.00 and revenue of 359.00M. Therefore, the gross margin over that period was 0.0%.
TELA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TELA Bio, Inc. reported an operating income of -10.53M and revenue of 19.06M, resulting in an operating margin of -55.2%.
HOOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported an operating income of 0.00 and revenue of 359.00M, resulting in an operating margin of 0.0%.
TELA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TELA Bio, Inc. reported a net income of -12.27M and revenue of 19.06M, resulting in a net margin of -64.4%.
HOOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a net income of 346.00M and revenue of 359.00M, resulting in a net margin of 96.4%.
Frequently Asked Questions
TELA and HOOD have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TELA has higher volatility (32.26%) compared to HOOD (21.14%). In terms of maximum drawdown, TELA dropped -97.52% vs HOOD's -90.21%.
HOOD currently has the higher Sharpe Ratio (0.23 vs -0.52), 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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