TESL vs. AVUS

Last updated Jun 23, 2026

TESL (Simplify Volt TSLA Revolution ETF) and AVUS (Avantis U.S. Equity ETF) are both exchange-traded funds - TESL is a Large Cap Growth Equities fund tracking the Actively Managed, while AVUS is a Large Cap Blend Equities fund actively managed by Avantis. TESL is passively managed, while AVUS is actively managed. Over the past 5 years, TESL returned 11.13%/yr vs 13.28%/yr for AVUS. A 0.58 correlation means they provide meaningful diversification when combined. TESL charges 0.97%/yr vs 0.15%/yr for AVUS.

Performance

TESL vs. AVUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Volt TSLA Revolution ETF (TESL) and Avantis U.S. Equity ETF (AVUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TESL achieves a -5.88% return, which is significantly lower than AVUS's 14.87% return.

TESL

• 1D: 0.13%
• 1M: -7.86%
• YTD: -5.88%
• 6M: -28.28%
• 1Y: -17.24%
• 3Y*: 29.19%
• 5Y*: 11.13%
• 10Y*: —

AVUS

• 1D: 0.11%
• 1M: 1.87%
• YTD: 14.87%
• 6M: 14.04%
• 1Y: 32.84%
• 3Y*: 22.02%
• 5Y*: 13.28%
• 10Y*: —

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

TESL vs. AVUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TESL Simplify Volt TSLA Revolution ETF	-5.88%	-14.73%	152.27%	58.33%	-61.11%	18.52%	2.57%
AVUS Avantis U.S. Equity ETF	14.87%	16.68%	20.43%	21.77%	-13.82%	28.73%	0.29%

Correlation

The correlation between TESL and AVUS is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020	0.58

The correlation between TESL and AVUS shifts across timeframes, from 0.49 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.

TESL vs. AVUS - Sectors Allocation Comparison

Sectors	TESL	AVUS
Consumer Cyclical	100.0%	11.4%
Basic Materials	-	2.6%
Communication Services	-	9.3%
Consumer Defensive	-	4.2%
Energy	-	6.8%
Financial Services	-	14.5%
Healthcare	-	7.0%
Industrials	-	11.2%
Real Estate	-	0.1%
Technology	-	30.5%
Utilities	-	2.3%

Return for Risk

TESL vs. AVUS — Risk / Return Rank

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

TESL

TESL Risk / Return Rank: 6
TESL Sharpe Ratio Rank: 6
TESL Sortino Ratio Rank: 7
TESL Omega Ratio Rank: 7
TESL Calmar Ratio Rank: 6
TESL Martin Ratio Rank: 6

AVUS

AVUS Risk / Return Rank: 84
AVUS Sharpe Ratio Rank: 84
AVUS Sortino Ratio Rank: 83
AVUS Omega Ratio Rank: 82
AVUS Calmar Ratio Rank: 83
AVUS Martin Ratio Rank: 89

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.

TESL vs. AVUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Volt TSLA Revolution ETF (TESL) and Avantis U.S. Equity ETF (AVUS). 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.

	TESL	AVUS	Difference
Sharpe ratio: Return per unit of total volatility	-0.30	2.61	-2.91
Sortino ratio: Return per unit of downside risk	-0.06	3.51	-3.58
Omega ratio: Gain probability vs. loss probability	0.99	1.47	-0.48
Calmar ratio: Return relative to maximum drawdown	-0.31	4.20	-4.51
Martin ratio: Return relative to average drawdown	-0.53	18.77	-19.30

TESL vs. AVUS - Sharpe Ratio Comparison

The current TESL Sharpe Ratio is -0.30, which is lower than the AVUS Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of TESL and AVUS, 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

TESL vs. AVUS - Drawdown Comparison

The maximum TESL drawdown since its inception was -69.11%, which is greater than AVUS's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for TESL and AVUS.

Drawdown Indicators

	TESL	AVUS	Difference
Max Drawdown Largest peak-to-trough decline	-69.11%	-37.04%	-32.07%
Max Drawdown (1Y) Largest decline over 1 year	-56.12%	-7.85%	-48.27%
Max Drawdown (3Y) Largest decline over 3 years	-56.12%	-19.74%	-36.38%
Max Drawdown (5Y) Largest decline over 5 years	-69.11%	-22.19%	-46.92%
Current Drawdown Current decline from peak	-41.60%	-0.51%	-41.09%
Average Drawdown Average peak-to-trough decline	-37.71%	-5.06%	-32.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.51%	1.75%	+30.76%

Volatility

TESL vs. AVUS - Volatility Comparison

Simplify Volt TSLA Revolution ETF (TESL) has a higher volatility of 14.44% compared to Avantis U.S. Equity ETF (AVUS) at 4.50%. This indicates that TESL's price experiences larger fluctuations and is considered to be riskier than AVUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TESL	AVUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.44%	4.50%	+9.94%
Volatility (6M) Calculated over the trailing 6-month period	41.49%	9.72%	+31.77%
Volatility (1Y) Calculated over the trailing 1-year period	57.57%	12.66%	+44.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.98%	17.35%	+33.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.07%	20.83%	+29.24%

TESL vs. AVUS - Expense Ratio Comparison

TESL has a 0.97% expense ratio, which is higher than AVUS's 0.15% expense ratio.

Dividends

TESL vs. AVUS - Dividend Comparison

TESL's dividend yield for the trailing twelve months is around 24.43%, more than AVUS's 1.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUS Avantis U.S. Equity ETF	1.17%	1.08%	1.27%	1.41%	1.59%	1.08%	1.19%	0.35%
TESL Simplify Volt TSLA Revolution ETF	24.43%	23.87%	0.62%	0.00%	0.83%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TESL and AVUS in my portfolio?

TESL and AVUS have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TESL or AVUS?

TESL has higher volatility (14.44%) compared to AVUS (4.50%). In terms of maximum drawdown, TESL dropped -69.11% vs AVUS's -37.04%.

Which ETF is better, TESL or AVUS?

On 5-year performance, AVUS leads with 13.28% vs 11.13% for TESL. On fees, AVUS is cheaper at 0.15% per year. On volatility, AVUS has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TESL or AVUS?

Over the 5-year period, AVUS has performed better with a 13.28% return vs 11.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TESL or AVUS?

AVUS is cheaper with a 0.15% expense ratio, compared with 0.97% for TESL.

Which ETF pays a higher dividend yield, TESL or AVUS?

TESL has the higher dividend yield at 24.43%, compared with 1.17% for AVUS.

What is the main difference between TESL and AVUS?

TESL is categorized as Large Cap Growth Equities, while AVUS is Large Cap Blend Equities. They also come from different issuers: Simplify and Avantis. Their fees differ too: 0.97% for TESL and 0.15% for AVUS.

Which has better risk-adjusted returns?

AVUS currently has the higher Sharpe Ratio (2.61 vs -0.30), 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.