TL0.DE vs. EUNL.DE
TL0.DE (Tesla Inc) is a stock, while EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI World Index. Over the past 10 years, TL0.DE returned 39.53%/yr vs 12.82%/yr for EUNL.DE. At a 0.43 correlation, their price movements are largely independent.
Performance
TL0.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, TL0.DE achieves a -8.31% return, which is significantly lower than EUNL.DE's 10.86% return. Over the past 10 years, TL0.DE has outperformed EUNL.DE with an annualized return of 39.53%, while EUNL.DE has yielded a comparatively lower 12.82% annualized return.
TL0.DE
- 1D
- -2.04%
- 1M
- 7.88%
- YTD
- -8.31%
- 6M
- -7.43%
- 1Y
- 28.88%
- 3Y*
- 20.82%
- 5Y*
- 17.26%
- 10Y*
- 39.53%
EUNL.DE
- 1D
- 0.02%
- 1M
- 4.80%
- YTD
- 10.86%
- 6M
- 11.29%
- 1Y
- 23.80%
- 3Y*
- 17.55%
- 5Y*
- 12.89%
- 10Y*
- 12.82%
TL0.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TL0.DE Tesla Inc | -8.31% | -2.91% | 75.95% | 105.08% | -64.58% | 73.69% | 613.71% | 37.95% | 5.34% | 27.31% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 10.86% | 7.90% | 25.93% | 20.13% | -13.59% | 32.71% | 5.48% | 31.34% | -5.13% | 7.71% |
Correlation
The correlation between TL0.DE and EUNL.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2010 | 0.43 |
The correlation between TL0.DE and EUNL.DE has been stable across timeframes, ranging from 0.43 to 0.51 - a consistent structural relationship.
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Return for Risk
TL0.DE vs. EUNL.DE — Risk / Return Rank
TL0.DE
EUNL.DE
TL0.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla Inc (TL0.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE). 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.
| TL0.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.60 | ||
| Sortino ratioReturn per unit of downside risk | -1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.40 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | 3.64 | -2.87 |
| Martin ratioReturn relative to average drawdown | 1.81 | 14.52 | -12.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TL0.DE | EUNL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.52 | 2.12 | -1.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.90 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.84 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.82 | -0.05 |
Drawdowns
TL0.DE vs. EUNL.DE - Drawdown Comparison
The maximum TL0.DE drawdown since its inception was -71.68%, which is greater than EUNL.DE's maximum drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for TL0.DE and EUNL.DE.
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Drawdown Indicators
| TL0.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.68% | -33.63% | -38.05% |
Max Drawdown (1Y)Largest decline over 1 year | -30.20% | -6.50% | -23.70% |
Max Drawdown (3Y)Largest decline over 3 years | -55.03% | -21.73% | -33.30% |
Max Drawdown (5Y)Largest decline over 5 years | -71.68% | -21.73% | -49.95% |
Max Drawdown (10Y)Largest decline over 10 years | -71.68% | -33.63% | -38.05% |
Current DrawdownCurrent decline from peak | -21.75% | -0.31% | -21.44% |
Average DrawdownAverage peak-to-trough decline | -23.24% | -4.25% | -18.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.98% | 1.64% | +11.34% |
Volatility
TL0.DE vs. EUNL.DE - Volatility Comparison
Tesla Inc (TL0.DE) has a higher volatility of 12.91% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 2.62%. This indicates that TL0.DE's price experiences larger fluctuations and is considered to be riskier than EUNL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TL0.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.91% | 2.62% | +10.29% |
Volatility (6M)Calculated over the trailing 6-month period | 28.33% | 7.72% | +20.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.29% | 11.16% | +34.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.75% | 14.17% | +40.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.07% | 15.17% | +40.90% |
Dividends
TL0.DE vs. EUNL.DE - Dividend Comparison
Neither TL0.DE nor EUNL.DE has paid dividends to shareholders.
Frequently Asked Questions
TL0.DE and EUNL.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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