TSLA.TO vs. TSLA.NEO

Last updated Apr 1, 2026

Compare and contrast key facts about Tesla CDR (CAD Hedged) (TSLA.TO) and Tesla Inc CDR (TSLA.NEO).

Performance

TSLA.TO vs. TSLA.NEO - Performance Comparison

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

TSLA.TO vs. TSLA.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
TSLA.TO Tesla CDR (CAD Hedged)	-17.87%	15.66%
TSLA.NEO Tesla Inc CDR	-17.87%	11.40%

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with TSLA.TO at -17.87% and TSLA.NEO at -17.87%.

TSLA.TO

• 1D: 4.59%
• 1M: -7.94%
• YTD: -17.87%
• 6M: -17.56%
• 1Y: 39.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLA.NEO

• 1D: 4.59%
• 1M: -7.94%
• YTD: -17.87%
• 6M: -17.56%
• 1Y: 39.65%
• 3Y*: 18.60%
• 5Y*: —
• 10Y*: —

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

Return for Risk

TSLA.TO vs. TSLA.NEO — Risk / Return Rank

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

TSLA.TO

TSLA.TO Risk / Return Rank: 68
TSLA.TO Sharpe Ratio Rank: 69
TSLA.TO Sortino Ratio Rank: 66
TSLA.TO Omega Ratio Rank: 63
TSLA.TO Calmar Ratio Rank: 70
TSLA.TO Martin Ratio Rank: 70

TSLA.NEO

TSLA.NEO Risk / Return Rank: 67
TSLA.NEO Sharpe Ratio Rank: 68
TSLA.NEO Sortino Ratio Rank: 66
TSLA.NEO Omega Ratio Rank: 63
TSLA.NEO Calmar Ratio Rank: 69
TSLA.NEO Martin Ratio Rank: 69

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.

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

This table presents a comparison of risk-adjusted performance metrics for Tesla CDR (CAD Hedged) (TSLA.TO) and Tesla Inc CDR (TSLA.NEO). 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.

	TSLA.TO	TSLA.NEO	Difference
Sharpe ratio Return per unit of total volatility	0.75	0.75	0.00
Sortino ratio Return per unit of downside risk	1.38	1.38	0.00
Omega ratio Gain probability vs. loss probability	1.17	1.17	0.00
Calmar ratio Return relative to maximum drawdown	1.33	1.33	0.00
Martin ratio Return relative to average drawdown	3.26	3.26	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSLA.TO vs. TSLA.NEO - Sharpe Ratio Comparison

The current TSLA.TO Sharpe Ratio is 0.75, which is comparable to the TSLA.NEO Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of TSLA.TO and TSLA.NEO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TSLA.TO	TSLA.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	0.75	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	0.13	-0.21

Correlation

The correlation between TSLA.TO and TSLA.NEO is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TSLA.TO vs. TSLA.NEO - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

TSLA.TO vs. TSLA.NEO - Drawdown Comparison

The maximum TSLA.TO drawdown since its inception was -41.69%, smaller than the maximum TSLA.NEO drawdown of -74.23%. Use the drawdown chart below to compare losses from any high point for TSLA.TO and TSLA.NEO.

Drawdown Indicators

	TSLA.TO	TSLA.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-41.69%	-74.23%	+32.54%
Max Drawdown (1Y) Largest decline over 1 year	-27.86%	-27.86%	0.00%
Current Drawdown Current decline from peak	-24.55%	-25.46%	+0.91%
Average Drawdown Average peak-to-trough decline	-14.98%	-35.95%	+20.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.36%	11.35%	+0.01%

Volatility

TSLA.TO vs. TSLA.NEO - Volatility Comparison

Tesla CDR (CAD Hedged) (TSLA.TO) and Tesla Inc CDR (TSLA.NEO) have volatilities of 11.13% and 11.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLA.TO	TSLA.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.13%	11.13%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	28.85%	28.56%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	53.38%	53.22%	+0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.74%	59.30%	-1.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.74%	59.30%	-1.56%

Financials