TSLA vs. DBMF
TSLA (Tesla, Inc.) is a stock, while DBMF (iMGP DBi Managed Futures Strategy ETF) is Systematic Trend fund actively managed by iM Global Partners. Over the past 5 years, TSLA returned 15.32%/yr vs 8.18%/yr for DBMF. At a 0.09 correlation, their price movements are largely independent.
Performance
TSLA vs. DBMF - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -8.58% return, which is significantly lower than DBMF's 10.48% return.
TSLA
- 1D
- 1.16%
- 1M
- -2.63%
- YTD
- -8.58%
- 6M
- -13.50%
- 1Y
- 26.39%
- 3Y*
- 16.42%
- 5Y*
- 15.32%
- 10Y*
- 39.85%
DBMF
- 1D
- 0.19%
- 1M
- -1.12%
- YTD
- 10.48%
- 6M
- 11.61%
- 1Y
- 27.18%
- 3Y*
- 9.37%
- 5Y*
- 8.18%
- 10Y*
- —
TSLA vs. DBMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -8.58% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 69.32% |
DBMF iMGP DBi Managed Futures Strategy ETF | 10.48% | 13.85% | 7.24% | -8.94% | 21.61% | 11.49% | 1.80% | 10.51% |
Correlation
The correlation between TSLA and DBMF is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.09 |
The correlation between TSLA and DBMF shifts across timeframes, from 0.05 (5 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
TSLA vs. DBMF — Risk / Return Rank
TSLA
DBMF
TSLA vs. DBMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and iMGP DBi Managed Futures Strategy ETF (DBMF). 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 | DBMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.47 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 4.48 | -3.59 |
| Martin ratioReturn relative to average drawdown | 2.02 | 16.18 | -14.16 |
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Drawdowns
TSLA vs. DBMF - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, which is greater than DBMF's maximum drawdown of -20.39%. Use the drawdown chart below to compare losses from any high point for TSLA and DBMF.
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Drawdown Indicators
| TSLA | DBMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -20.39% | -53.24% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -6.10% | -23.83% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -15.60% | -38.17% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -20.39% | -53.24% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | — | — |
Current DrawdownCurrent decline from peak | -16.07% | -1.72% | -14.35% |
Average DrawdownAverage peak-to-trough decline | -22.71% | -6.56% | -16.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.10% | 1.68% | +11.42% |
Volatility
TSLA vs. DBMF - Volatility Comparison
Tesla, Inc. (TSLA) has a higher volatility of 14.34% compared to iMGP DBi Managed Futures Strategy ETF (DBMF) at 2.68%. This indicates that TSLA's price experiences larger fluctuations and is considered to be riskier than DBMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | DBMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.34% | 2.68% | +11.66% |
Volatility (6M)Calculated over the trailing 6-month period | 28.74% | 10.00% | +18.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.49% | 12.37% | +32.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.98% | 12.55% | +46.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.16% | 12.41% | +46.75% |
Dividends
TSLA vs. DBMF - Dividend Comparison
TSLA has not paid dividends to shareholders, while DBMF's dividend yield for the trailing twelve months is around 5.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
DBMF iMGP DBi Managed Futures Strategy ETF | 5.18% | 5.91% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.35% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TSLA and DBMF have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLA has higher volatility (14.34%) compared to DBMF (2.68%). In terms of maximum drawdown, TSLA dropped -73.63% vs DBMF's -20.39%.
DBMF currently has the higher Sharpe Ratio (2.21 vs 0.60), 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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