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 9.95%/yr vs 17.10%/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 -12.21% return, which is significantly lower than DBE's 68.39% return.
TESL
- 1D
- -2.76%
- 1M
- -7.29%
- 6M
- -9.18%
- YTD
- -12.21%
- 1Y
- -25.27%
- 3Y*
- 22.90%
- 5Y*
- 9.95%
- 10Y*
- —
DBE
- 1D
- -1.09%
- 1M
- 6.25%
- 6M
- 65.69%
- YTD
- 68.39%
- 1Y
- 57.64%
- 3Y*
- 17.96%
- 5Y*
- 17.10%
- 10Y*
- 11.45%
TESL vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TESL Simplify Volt TSLA Revolution ETF | -12.21% | -14.73% | 152.27% | 58.33% | -61.11% | 18.52% | 2.57% |
DBE Invesco DB Energy Fund | 68.39% | -2.17% | 2.96% | -12.14% | 33.77% | 57.56% | 1.31% |
Correlation
The correlation between TESL and DBE is -0.15, 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 | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
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 -0.15 (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 | -2.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.28 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 2.34 | -2.79 |
| Martin ratioReturn relative to average drawdown | -0.74 | 7.00 | -7.74 |
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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% | -24.72% | -31.40% |
Max Drawdown (3Y)Largest decline over 3 years | -56.12% | -24.72% | -31.40% |
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 | -45.53% | -36.07% | -9.46% |
Average DrawdownAverage peak-to-trough decline | -37.78% | -57.19% | +19.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.27% | 8.26% | +26.01% |
Volatility
TESL vs. DBE - Volatility Comparison
Simplify Volt TSLA Revolution ETF (TESL) has a higher volatility of 18.06% compared to Invesco DB Energy Fund (DBE) at 11.68%. 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 | 18.06% | 11.68% | +6.38% |
Volatility (6M)Calculated over the trailing 6-month period | 38.86% | 32.70% | +6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.05% | 35.99% | +21.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.48% | 29.88% | +21.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.31% | 28.39% | +21.92% |
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 25.21%, more than DBE's 2.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.29% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
TESL Simplify Volt TSLA Revolution ETF | 25.21% | 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 -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TESL has higher volatility (18.06%) compared to DBE (11.68%). In terms of maximum drawdown, TESL dropped -69.11% vs DBE's -86.69%.
On 5-year performance, DBE leads with 17.10% vs 9.95% for TESL. On fees, DBE is cheaper at 0.78% per year. On volatility, DBE has been the lower-risk option at 11.68%. 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 17.10% return vs 9.95%. 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 25.21%, compared with 2.29% 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 (1.61 vs -0.45), 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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