TSLA vs. AEHR
TSLA (Tesla, Inc.) and AEHR (Aehr Test Systems) are both stocks. TSLA operates in Auto Manufacturers (Consumer Cyclical), while AEHR operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, TSLA returned 39.56%/yr vs 49.80%/yr for AEHR. At a 0.22 correlation, their price movements are largely independent.
Performance
TSLA vs. AEHR - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -9.07% return, which is significantly lower than AEHR's 373.40% return. Over the past 10 years, TSLA has underperformed AEHR with an annualized return of 39.56%, while AEHR has yielded a comparatively higher 49.80% annualized return.
TSLA
- 1D
- 4.59%
- 1M
- -4.53%
- YTD
- -9.07%
- 6M
- -6.97%
- 1Y
- 38.56%
- 3Y*
- 18.72%
- 5Y*
- 15.43%
- 10Y*
- 39.56%
AEHR
- 1D
- -2.92%
- 1M
- -1.70%
- YTD
- 373.40%
- 6M
- 300.42%
- 1Y
- 742.86%
- 3Y*
- 30.98%
- 5Y*
- 104.84%
- 10Y*
- 49.80%
TSLA vs. AEHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -9.07% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
AEHR Aehr Test Systems | 373.40% | 21.41% | -37.32% | 31.99% | -16.87% | 855.73% | 26.50% | 41.84% | -47.97% | 12.45% |
Correlation
The correlation between TSLA and AEHR is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2010 | 0.22 |
The correlation between TSLA and AEHR shifts across timeframes, from 0.22 (all time) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TSLA:
$1.45T
AEHR:
$2.93B
TSLA:
$1.10
AEHR:
-$0.38
TSLA:
14.75
AEHR:
63.83
TSLA:
17.20
AEHR:
21.14
TSLA:
$97.88B
AEHR:
$45.26M
TSLA:
$18.66B
AEHR:
$13.90M
TSLA:
$10.48B
AEHR:
-$13.56M
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Return for Risk
TSLA vs. AEHR — Risk / Return Rank
TSLA
AEHR
TSLA vs. AEHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and Aehr Test Systems (AEHR). 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 | AEHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.47 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.50 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 17.73 | -16.43 |
| Martin ratioReturn relative to average drawdown | 3.01 | 40.02 | -37.01 |
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
| TSLA | AEHR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 6.34 | -5.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.96 | -0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.53 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.08 | +0.65 |
Drawdowns
TSLA vs. AEHR - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, smaller than the maximum AEHR drawdown of -97.98%. Use the drawdown chart below to compare losses from any high point for TSLA and AEHR.
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Drawdown Indicators
| TSLA | AEHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -97.98% | +24.35% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -42.31% | +12.38% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -87.37% | +33.60% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -87.37% | +13.74% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | -87.37% | +13.74% |
Current DrawdownCurrent decline from peak | -16.52% | -18.01% | +1.49% |
Average DrawdownAverage peak-to-trough decline | -22.73% | -79.64% | +56.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.84% | 18.70% | -5.86% |
Volatility
TSLA vs. AEHR - Volatility Comparison
The current volatility for Tesla, Inc. (TSLA) is 14.26%, while Aehr Test Systems (AEHR) has a volatility of 41.80%. This indicates that TSLA experiences smaller price fluctuations and is considered to be less risky than AEHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | AEHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.26% | 41.80% | -27.54% |
Volatility (6M)Calculated over the trailing 6-month period | 28.15% | 87.81% | -59.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.60% | 118.61% | -74.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.92% | 109.78% | -50.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.14% | 93.87% | -34.73% |
Dividends
TSLA vs. AEHR - Dividend Comparison
Neither TSLA nor AEHR has paid dividends to shareholders.
Financials
TSLA vs. AEHR - Financials Comparison
This section allows you to compare key financial metrics between Tesla, Inc. and Aehr Test Systems. 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 vs. AEHR - Profitability Comparison
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%.
AEHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported a gross profit of 3.37M and revenue of 10.31M. Therefore, the gross margin over that period was 32.7%.
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%.
AEHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported an operating income of -4.23M and revenue of 10.31M, resulting in an operating margin of -41.0%.
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%.
AEHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported a net income of -3.20M and revenue of 10.31M, resulting in a net margin of -31.1%.
Frequently Asked Questions
TSLA and AEHR have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEHR has higher volatility (41.80%) compared to TSLA (14.26%). In terms of maximum drawdown, TSLA dropped -73.63% vs AEHR's -97.98%.
AEHR currently has the higher Sharpe Ratio (6.34 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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