TSLA.NEO vs. TSLA
TSLA.NEO (Tesla Inc CDR) and TSLA (Tesla, Inc.) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector. Over the past 3 years, TSLA.NEO returned 9.81%/yr vs 14.79%/yr for TSLA. With a 0.95 correlation, they move nearly in lockstep.
Performance
TSLA.NEO vs. TSLA - Performance Comparison
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Different Trading Currencies
TSLA.NEO 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, TSLA.NEO achieves a -18.88% return, which is significantly lower than TSLA's -15.88% return.
TSLA.NEO
- 1D
- -3.01%
- 1M
- -7.13%
- 6M
- -15.34%
- YTD
- -18.88%
- 1Y
- 9.38%
- 3Y*
- 9.81%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.89%
TSLA
- 1D
- -3.08%
- 1M
- -8.25%
- 6M
- -14.73%
- YTD
- -15.88%
- 1Y
- 14.42%
- 3Y*
- 14.79%
- 5Y*
- 13.35%
- 10Y*
- 38.91%
- ALL TIME*
- 44.95%
TSLA.NEO vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TSLA.NEO Tesla Inc CDR | -18.88% | 7.74% | 60.09% | 96.92% | -65.77% | 47.32% |
TSLA Tesla, Inc. | -15.88% | 6.28% | 76.29% | 96.92% | -62.82% | 50.86% |
Correlation
The correlation between TSLA.NEO and TSLA is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2021 | 0.95 |
The correlation between TSLA.NEO and TSLA has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
Fundamentals
TSLA.NEO:
CA$1.55T
TSLA:
$1.39T
TSLA.NEO:
$1.58
TSLA:
$1.10
TSLA.NEO:
14.50
TSLA:
336.99
TSLA.NEO:
0.80
TSLA:
13.34
TSLA.NEO:
0.95
TSLA:
15.55
TSLA.NEO:
$95.63B
TSLA:
$97.88B
TSLA.NEO:
$16.26B
TSLA:
$18.66B
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Return for Risk
TSLA.NEO vs. TSLA — Risk / Return Rank
TSLA.NEO
TSLA
TSLA.NEO vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla Inc CDR (TSLA.NEO) 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.
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.
| TSLA.NEO | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.09 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 0.49 | -0.18 |
| Martin ratioReturn relative to average drawdown | 0.65 | 1.05 | -0.40 |
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Drawdowns
TSLA.NEO vs. TSLA - Drawdown Comparison
The maximum TSLA.NEO drawdown since its inception was -74.23%, roughly equal to the maximum TSLA drawdown of -71.12%. Use the drawdown chart below to compare losses from any high point for TSLA.NEO and TSLA.
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Drawdown Indicators
| TSLA.NEO | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.23% | -71.12% | -3.11% |
Max Drawdown (1Y)Largest decline over 1 year | -30.46% | -29.56% | -0.90% |
Max Drawdown (3Y)Largest decline over 3 years | -54.24% | -53.76% | -0.48% |
Max Drawdown (5Y)Largest decline over 5 years | — | -71.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.12% | — |
Current DrawdownCurrent decline from peak | -26.38% | -24.15% | -2.23% |
Average DrawdownAverage peak-to-trough decline | -35.01% | -21.75% | -13.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.47% | 13.75% | +0.72% |
Volatility
TSLA.NEO vs. TSLA - Volatility Comparison
The current volatility for Tesla Inc CDR (TSLA.NEO) is 15.81%, while Tesla, Inc. (TSLA) has a volatility of 16.95%. This indicates that TSLA.NEO experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA.NEO | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.81% | 16.95% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 30.43% | 31.28% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.68% | 44.67% | -0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.43% | 59.44% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.43% | 59.40% | -0.97% |
Dividends
TSLA.NEO vs. TSLA - Dividend Comparison
Neither TSLA.NEO nor TSLA has paid dividends to shareholders.
Financials
TSLA.NEO vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Tesla Inc CDR and Tesla, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TSLA.NEO vs. TSLA - Profitability Comparison
TSLA.NEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Tesla Inc CDR reported a gross profit of 5.05B and revenue of 28.10B. Therefore, the gross margin over that period was 18.0%.
TSLA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
TSLA.NEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Tesla Inc CDR reported an operating income of 1.86B and revenue of 28.10B, resulting in an operating margin of 6.6%.
TSLA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Tesla, Inc. reported an operating income of 941.00M and revenue of 22.39B, resulting in an operating margin of 4.2%.
TSLA.NEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Tesla Inc CDR reported a net income of 1.37B and revenue of 28.10B, resulting in a net margin of 4.9%.
TSLA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
With a correlation of 0.96, TSLA.NEO and TSLA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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