TSLA vs. CVNA
TSLA (Tesla, Inc.) and CVNA (Carvana Co.) are both stocks. Both are in the Consumer Cyclical sector — TSLA in Auto Manufacturers, CVNA in Internet Retail. Over the past 5 years, TSLA returned 14.86%/yr vs 3.14%/yr for CVNA. At a 0.33 correlation, their price movements are largely independent.
Performance
TSLA vs. CVNA - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -9.63% return, which is significantly higher than CVNA's -24.06% return.
TSLA
- 1D
- 1.82%
- 1M
- -8.72%
- YTD
- -9.63%
- 6M
- -11.45%
- 1Y
- 27.36%
- 3Y*
- 16.25%
- 5Y*
- 14.86%
- 10Y*
- 39.72%
CVNA
- 1D
- -5.49%
- 1M
- -8.30%
- YTD
- -24.06%
- 6M
- -29.67%
- 1Y
- 0.49%
- 3Y*
- 138.89%
- 5Y*
- 3.14%
- 10Y*
- —
TSLA vs. CVNA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -9.63% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 0.88% |
CVNA Carvana Co. | -24.06% | 107.52% | 284.13% | 1,016.88% | -97.96% | -3.24% | 160.23% | 181.41% | 71.08% | 41.63% |
Correlation
The correlation between TSLA and CVNA is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017 | 0.33 |
The correlation between TSLA and CVNA shifts across timeframes, from 0.28 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TSLA:
$1.44T
CVNA:
$9.49B
TSLA:
$1.10
CVNA:
$8.69
TSLA:
370.20
CVNA:
7.37
TSLA:
45.29
CVNA:
0.03
TSLA:
14.66
CVNA:
0.47
TSLA:
17.10
CVNA:
2.55
TSLA:
$97.88B
CVNA:
$22.52B
TSLA:
$18.66B
CVNA:
$4.50B
TSLA:
$10.48B
CVNA:
-$116.00M
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Return for Risk
TSLA vs. CVNA — Risk / Return Rank
TSLA
CVNA
TSLA vs. CVNA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and Carvana Co. (CVNA). 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 | CVNA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.05 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 0.01 | +0.91 |
| Martin ratioReturn relative to average drawdown | 2.10 | 0.03 | +2.07 |
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Drawdowns
TSLA vs. CVNA - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, smaller than the maximum CVNA drawdown of -98.99%. Use the drawdown chart below to compare losses from any high point for TSLA and CVNA.
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Drawdown Indicators
| TSLA | CVNA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -98.99% | +25.36% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -41.21% | +11.28% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -53.47% | -0.30% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -98.99% | +25.36% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | — | — |
Current DrawdownCurrent decline from peak | -17.03% | -33.01% | +15.98% |
Average DrawdownAverage peak-to-trough decline | -22.72% | -38.24% | +15.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.06% | 18.79% | -5.73% |
Volatility
TSLA vs. CVNA - Volatility Comparison
The current volatility for Tesla, Inc. (TSLA) is 14.25%, while Carvana Co. (CVNA) has a volatility of 16.26%. This indicates that TSLA experiences smaller price fluctuations and is considered to be less risky than CVNA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | CVNA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.25% | 16.26% | -2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 28.73% | 42.02% | -13.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.49% | 60.04% | -15.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.98% | 111.17% | -52.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.14% | 99.32% | -40.18% |
Dividends
TSLA vs. CVNA - Dividend Comparison
Neither TSLA nor CVNA has paid dividends to shareholders.
Financials
TSLA vs. CVNA - Financials Comparison
This section allows you to compare key financial metrics between Tesla, Inc. and Carvana Co.. 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. CVNA - 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%.
CVNA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported a gross profit of 1.27B and revenue of 6.43B. Therefore, the gross margin over that period was 19.8%.
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%.
CVNA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported an operating income of 581.00M and revenue of 6.43B, resulting in an operating margin of 9.0%.
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%.
CVNA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported a net income of 250.00M and revenue of 6.43B, resulting in a net margin of 3.9%.
Frequently Asked Questions
TSLA and CVNA have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVNA has higher volatility (16.26%) compared to TSLA (14.25%). In terms of maximum drawdown, TSLA dropped -73.63% vs CVNA's -98.99%.
TSLA currently has the higher Sharpe Ratio (0.62 vs 0.01), 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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