TESL vs. SPIT
TESL (Simplify Volt TSLA Revolution ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. TESL is passively managed, while SPIT is actively managed. At a 0.47 correlation, their price movements are largely independent. TESL charges 0.97%/yr vs 0.89%/yr for SPIT.
Performance
TESL vs. SPIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TESL achieves a -12.28% return, which is significantly lower than SPIT's 27.92% return.
TESL
- 1D
- -6.80%
- 1M
- -14.12%
- YTD
- -12.28%
- 6M
- -17.99%
- 1Y
- -31.81%
- 3Y*
- 26.19%
- 5Y*
- 8.82%
- 10Y*
- —
SPIT
- 1D
- -1.91%
- 1M
- 2.82%
- YTD
- 27.92%
- 6M
- 26.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TESL vs. SPIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TESL Simplify Volt TSLA Revolution ETF | -12.28% | -31.10% |
SPIT F/m Emerald Special Situations ETF | 27.92% | 5.31% |
Correlation
The correlation between TESL and SPIT is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025 | 0.47 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TESL vs. SPIT — Risk / Return Rank
TESL
SPIT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TESL vs. SPIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volt TSLA Revolution ETF (TESL) and F/m Emerald Special Situations ETF (SPIT). 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 | SPIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.93 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | — | — |
| Martin ratioReturn relative to average drawdown | -0.98 | — | — |
Loading charts...
Drawdowns
TESL vs. SPIT - Drawdown Comparison
The maximum TESL drawdown since its inception was -69.11%, which is greater than SPIT's maximum drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for TESL and SPIT.
Loading charts...
Drawdown Indicators
| TESL | SPIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.11% | -12.49% | -56.62% |
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 DrawdownCurrent decline from peak | -45.57% | -2.09% | -43.48% |
Average DrawdownAverage peak-to-trough decline | -37.71% | -2.55% | -35.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.64% | — | — |
Volatility
TESL vs. SPIT - Volatility Comparison
Loading charts...
Volatility by Period
| TESL | SPIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.88% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 41.68% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 57.85% | 26.64% | +31.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.05% | 26.64% | +24.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.14% | 26.64% | +23.50% |
TESL vs. SPIT - Expense Ratio Comparison
TESL has a 0.97% expense ratio, which is higher than SPIT's 0.89% expense ratio.
Dividends
TESL vs. SPIT - Dividend Comparison
TESL's dividend yield for the trailing twelve months is around 26.22%, more than SPIT's 5.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
SPIT F/m Emerald Special Situations ETF | 5.61% | 7.18% | 0.00% | 0.00% | 0.00% |
TESL Simplify Volt TSLA Revolution ETF | 26.22% | 23.87% | 0.62% | 0.00% | 0.83% |
Frequently Asked Questions
TESL and SPIT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPIT is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPIT is cheaper with a 0.89% expense ratio, compared with 0.97% for TESL.
TESL has the higher dividend yield at 26.22%, compared with 5.61% for SPIT.
They also come from different issuers: Simplify and F/m Investments. Their fees differ too: 0.97% for TESL and 0.89% for SPIT.
Find the right allocation for TESL and SPIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer