TLO.TO vs. TSLA

Last updated Jun 4, 2026

TLO.TO (Talon Metals Corp.) and TSLA (Tesla, Inc.) are both stocks. TLO.TO operates in Other Industrial Metals & Mining (Basic Materials), while TSLA operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, TLO.TO returned 22.58%/yr vs 41.00%/yr for TSLA. At a 0.06 correlation, their price movements are largely independent.

Performance

TLO.TO vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Talon Metals Corp. (TLO.TO) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TLO.TO is traded in CAD, while TSLA is traded in USD. To make them comparable, the TSLA values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TLO.TO achieves a 8.50% return, which is significantly higher than TSLA's -4.96% return. Over the past 10 years, TLO.TO has underperformed TSLA with an annualized return of 22.58%, while TSLA has yielded a comparatively higher 41.00% annualized return.

TLO.TO

• 1D: -6.33%
• 1M: -5.38%
• YTD: 8.50%
• 6M: 37.05%
• 1Y: 225.50%
• 3Y*: 28.06%
• 5Y*: -0.27%
• 10Y*: 22.58%

TSLA

• 1D: 0.00%
• 1M: 9.67%
• YTD: -4.96%
• 6M: -5.90%
• 1Y: 24.17%
• 3Y*: 26.87%
• 5Y*: 19.46%
• 10Y*: 41.00%

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

TLO.TO vs. TSLA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TLO.TO Talon Metals Corp.	8.50%	566.67%	-50.00%	-63.64%	-18.85%	19.61%	240.00%	100.00%	36.36%	-15.38%
TSLA Tesla, Inc.	-4.59%	6.25%	76.49%	97.28%	-62.54%	48.40%	729.18%	19.52%	15.95%	36.42%

Correlation

The correlation between TLO.TO and TSLA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jun 30, 2010	0.06

Fundamentals

Market Cap TLO.TO : CA$1.04B TSLA : $1.50T
EPS TLO.TO : -CA$0.02 TSLA : $1.10
PS Ratio TLO.TO : 12.34 TSLA : 15.28
PB Ratio TLO.TO : 2.07 TSLA : 17.82
Total Revenue (TTM) TLO.TO : CA$64.40M TSLA : $97.88B
Gross Profit (TTM) TLO.TO : CA$3.41M TSLA : $18.66B
EBITDA (TTM) TLO.TO : CA$7.82M TSLA : $10.48B

Return for Risk

TLO.TO vs. TSLA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TLO.TO

TLO.TO Risk / Return Rank: 90
TLO.TO Sharpe Ratio Rank: 90
TLO.TO Sortino Ratio Rank: 89
TLO.TO Omega Ratio Rank: 84
TLO.TO Calmar Ratio Rank: 94
TLO.TO Martin Ratio Rank: 92

TSLA

TSLA Risk / Return Rank: 55
TSLA Sharpe Ratio Rank: 57
TSLA Sortino Ratio Rank: 53
TSLA Omega Ratio Rank: 51
TSLA Calmar Ratio Rank: 57
TSLA Martin Ratio Rank: 58

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.

TLO.TO vs. TSLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Talon Metals Corp. (TLO.TO) and Tesla, Inc. (TSLA). 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.

	TLO.TO	TSLA	Difference
Sharpe ratio Return per unit of total volatility	2.33	0.53	+1.80
Sortino ratio Return per unit of downside risk	3.20	1.01	+2.19
Omega ratio Gain probability vs. loss probability	1.35	1.12	+0.23
Calmar ratio Return relative to maximum drawdown	6.77	0.82	+5.95
Martin ratio Return relative to average drawdown	14.71	1.88	+12.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TLO.TO vs. TSLA - Sharpe Ratio Comparison

The current TLO.TO Sharpe Ratio is 2.33, which is higher than the TSLA Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of TLO.TO and TSLA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TLO.TO	TSLA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	0.53	+1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.00	0.34	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.71	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	0.79	-0.82

Drawdowns

TLO.TO vs. TSLA - Drawdown Comparison

The maximum TLO.TO drawdown since its inception was -98.12%, which is greater than TSLA's maximum drawdown of -71.10%. Use the drawdown chart below to compare losses from any high point for TLO.TO and TSLA.

Drawdown Indicators

	TLO.TO	TSLA	Difference
Max Drawdown Largest peak-to-trough decline	-98.12%	-71.10%	-27.02%
Max Drawdown (1Y) Largest decline over 1 year	-33.52%	-29.46%	-4.06%
Max Drawdown (3Y) Largest decline over 3 years	-78.75%	-54.15%	-24.60%
Max Drawdown (5Y) Largest decline over 5 years	-91.18%	-71.10%	-20.08%
Max Drawdown (10Y) Largest decline over 10 years	-91.28%	-71.10%	-20.18%
Current Drawdown Current decline from peak	-75.50%	-14.59%	-60.91%
Average Drawdown Average peak-to-trough decline	-80.78%	-21.87%	-58.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.41%	12.96%	+2.45%

Volatility

TLO.TO vs. TSLA - Volatility Comparison

Talon Metals Corp. (TLO.TO) has a higher volatility of 19.13% compared to Tesla, Inc. (TSLA) at 12.03%. This indicates that TLO.TO's price experiences larger fluctuations and is considered to be riskier than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TLO.TO	TSLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.13%	12.03%	+7.10%
Volatility (6M) Calculated over the trailing 6-month period	62.42%	26.94%	+35.48%
Volatility (1Y) Calculated over the trailing 1-year period	97.64%	45.80%	+51.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.89%	57.68%	+20.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.04%	57.94%	+44.10%

Dividends

TLO.TO vs. TSLA - Dividend Comparison

Neither TLO.TO nor TSLA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

TLO.TO vs. TSLA - Profitability Comparison

The chart below illustrates the profitability comparison between Talon Metals Corp. and Tesla, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TLO.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Talon Metals Corp. reported a gross profit of 3.46M and revenue of 64.40M. Therefore, the gross margin over that period was 5.4%.

TSLA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported a gross profit of 4.72B and revenue of 22.39B. Therefore, the gross margin over that period was 21.1%.

TLO.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Talon Metals Corp. reported an operating income of 1.66M and revenue of 64.40M, resulting in an operating margin of 2.6%.

TSLA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported an operating income of 941.00M and revenue of 22.39B, resulting in an operating margin of 4.2%.

TLO.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Talon Metals Corp. reported a net income of 2.26M and revenue of 64.40M, resulting in a net margin of 3.5%.

TSLA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tesla, Inc. reported a net income of 491.00M and revenue of 22.39B, resulting in a net margin of 2.2%.

Frequently Asked Questions

Can I hold both TLO.TO and TSLA in my portfolio?

TLO.TO and TSLA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.