TESL vs. GARY

Last updated Jul 17, 2026

TESL (Simplify Volt TSLA Revolution ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. TESL is passively managed, while GARY is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. TESL charges 0.97%/yr vs 0.77%/yr for GARY.

Performance

TESL vs. GARY - Performance Comparison

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

Returns By Period

In the year-to-date period, TESL achieves a -12.21% return, which is significantly lower than GARY's 29.46% return.

TESL

• 1D: -2.76%
• 1M: -7.29%
• 6M: -9.18%
• YTD: -12.21%
• 1Y: -25.27%
• 3Y*: 22.90%
• 5Y*: 9.95%
• 10Y*: —

GARY

• 1D: -1.27%
• 1M: -0.99%
• 6M: 21.92%
• YTD: 29.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TESL vs. GARY - Yearly Performance Comparison

	2026 (YTD)	2025
TESL Simplify Volt TSLA Revolution ETF	-12.21%	-22.39%
GARY Mango Growth ETF	29.46%	0.15%

Correlation

The correlation between TESL and GARY is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025	0.55

Return for Risk

TESL vs. GARY — 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: 6
TESL Omega Ratio Rank: 6
TESL Calmar Ratio Rank: 5
TESL Martin Ratio Rank: 6

GARY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. GARY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Volt TSLA Revolution ETF (TESL) and Mango Growth ETF (GARY). 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	GARY	Difference
Sharpe ratio: Return per unit of total volatility	-0.45	—	—
Sortino ratio: Return per unit of downside risk	-0.32	—	—
Omega ratio: Gain probability vs. loss probability	0.96	—	—
Calmar ratio: Return relative to maximum drawdown	-0.45	—	—
Martin ratio: Return relative to average drawdown	-0.74	—	—

Drawdowns

TESL vs. GARY - Drawdown Comparison

The maximum TESL drawdown since its inception was -69.11%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for TESL and GARY.

Drawdown Indicators

	TESL	GARY	Difference
Max Drawdown Largest peak-to-trough decline	-69.11%	-10.28%	-58.83%
Max Drawdown (1Y) Largest decline over 1 year	-56.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-56.12%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-69.11%	—	—
Current Drawdown Current decline from peak	-45.53%	-5.64%	-39.89%
Average Drawdown Average peak-to-trough decline	-37.78%	-1.93%	-35.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.27%	—	—

Volatility

Volatility by Period

	TESL	GARY	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	38.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	57.05%	21.74%	+35.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.48%	21.74%	+29.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.31%	21.74%	+28.57%

TESL vs. GARY - Expense Ratio Comparison

TESL has a 0.97% expense ratio, which is higher than GARY's 0.77% expense ratio.

Dividends

TESL vs. GARY - Dividend Comparison

TESL's dividend yield for the trailing twelve months is around 25.21%, more than GARY's 0.04% yield.

Position	TTM	2025	2024	2023	2022
GARY Mango Growth ETF	0.04%	0.05%	0.00%	0.00%	0.00%
TESL Simplify Volt TSLA Revolution ETF	25.21%	23.87%	0.62%	0.00%	0.83%

Frequently Asked Questions

Can I hold both TESL and GARY in my portfolio?

TESL and GARY have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TESL or GARY?

On fees, GARY is cheaper at 0.77% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TESL or GARY?

GARY is cheaper with a 0.77% expense ratio, compared with 0.97% for TESL.

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

TESL has the higher dividend yield at 25.21%, compared with 0.04% for GARY.

What is the main difference between TESL and GARY?

They also come from different issuers: Simplify and Mango. Their fees differ too: 0.97% for TESL and 0.77% for GARY.