TESL vs. DBE
TESL (Simplify Volt TSLA Revolution ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - TESL is a Large Cap Growth Equities fund tracking the Actively Managed, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 5 years, TESL returned 8.82%/yr vs 14.66%/yr for DBE. At a 0.03 correlation, their price movements are largely independent. TESL charges 0.97%/yr vs 0.78%/yr for DBE.
Performance
TESL vs. DBE - Performance Comparison
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Returns By Period
In the year-to-date period, TESL achieves a -12.28% return, which is significantly lower than DBE's 53.97% return.
TESL
- 1D
- -6.80%
- 1M
- -14.12%
- YTD
- -12.28%
- 6M
- -17.99%
- 1Y
- -31.81%
- 3Y*
- 26.19%
- 5Y*
- 8.82%
- 10Y*
- —
DBE
- 1D
- -0.63%
- 1M
- -16.23%
- YTD
- 53.97%
- 6M
- 50.93%
- 1Y
- 43.95%
- 3Y*
- 16.83%
- 5Y*
- 14.66%
- 10Y*
- 10.12%
TESL vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TESL Simplify Volt TSLA Revolution ETF | -12.28% | -14.73% | 152.27% | 58.33% | -61.11% | 18.52% | 2.57% |
DBE Invesco DB Energy Fund | 53.97% | -2.17% | 2.96% | -12.14% | 33.77% | 57.56% | 1.31% |
Correlation
The correlation between TESL and DBE is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020 | 0.03 |
The correlation between TESL and DBE shifts across timeframes, from -0.14 (1 year) to 0.03 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
TESL vs. DBE — Risk / Return Rank
TESL
DBE
TESL vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volt TSLA Revolution ETF (TESL) and Invesco DB Energy Fund (DBE). 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 | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.39 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.23 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 2.07 | -2.64 |
| Martin ratioReturn relative to average drawdown | -0.98 | 6.89 | -7.87 |
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Drawdowns
TESL vs. DBE - Drawdown Comparison
The maximum TESL drawdown since its inception was -69.11%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for TESL and DBE.
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Drawdown Indicators
| TESL | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.11% | -86.69% | +17.58% |
Max Drawdown (1Y)Largest decline over 1 year | -56.12% | -21.28% | -34.84% |
Max Drawdown (3Y)Largest decline over 3 years | -56.12% | -23.89% | -32.23% |
Max Drawdown (5Y)Largest decline over 5 years | -69.11% | -38.74% | -30.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -45.57% | -41.55% | -4.02% |
Average DrawdownAverage peak-to-trough decline | -37.71% | -57.24% | +19.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.64% | 6.42% | +26.22% |
Volatility
TESL vs. DBE - Volatility Comparison
Simplify Volt TSLA Revolution ETF (TESL) has a higher volatility of 15.88% compared to Invesco DB Energy Fund (DBE) at 9.37%. This indicates that TESL's price experiences larger fluctuations and is considered to be riskier than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TESL | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.88% | 9.37% | +6.51% |
Volatility (6M)Calculated over the trailing 6-month period | 41.68% | 31.44% | +10.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.85% | 35.27% | +22.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.05% | 29.58% | +21.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.14% | 28.34% | +21.80% |
TESL vs. DBE - Expense Ratio Comparison
TESL has a 0.97% expense ratio, which is higher than DBE's 0.78% expense ratio.
Dividends
TESL vs. DBE - Dividend Comparison
TESL's dividend yield for the trailing twelve months is around 26.22%, more than DBE's 2.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.51% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
TESL Simplify Volt TSLA Revolution ETF | 26.22% | 23.87% | 0.62% | 0.00% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TESL and DBE 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.
TESL has higher volatility (15.88%) compared to DBE (9.37%). In terms of maximum drawdown, TESL dropped -69.11% vs DBE's -86.69%.
On 5-year performance, DBE leads with 14.66% vs 8.82% for TESL. On fees, DBE is cheaper at 0.78% per year. On volatility, DBE has been the lower-risk option at 9.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DBE has performed better with a 14.66% return vs 8.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DBE is cheaper with a 0.78% expense ratio, compared with 0.97% for TESL.
TESL has the higher dividend yield at 26.22%, compared with 2.51% for DBE.
TESL is categorized as Large Cap Growth Equities, while DBE is Oil & Gas. TESL tracks Actively Managed, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: Simplify and Invesco. Their fees differ too: 0.97% for TESL and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (1.27 vs -0.57), 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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