TSLA vs. ESI
TSLA (Tesla, Inc.) and ESI (Element Solutions Inc) are both stocks. TSLA operates in Auto Manufacturers (Consumer Cyclical), while ESI operates in Specialty Chemicals (Basic Materials). Over the past 10 years, TSLA returned 39.21%/yr vs 18.71%/yr for ESI. At a 0.31 correlation, their price movements are largely independent.
Performance
TSLA vs. ESI - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -10.95% return, which is significantly lower than ESI's 84.72% return. Over the past 10 years, TSLA has outperformed ESI with an annualized return of 39.21%, while ESI has yielded a comparatively lower 18.71% annualized return.
TSLA
- 1D
- 1.04%
- 1M
- -4.02%
- YTD
- -10.95%
- 6M
- -16.77%
- 1Y
- 24.36%
- 3Y*
- 15.41%
- 5Y*
- 14.03%
- 10Y*
- 39.21%
ESI
- 1D
- 1.59%
- 1M
- 13.58%
- YTD
- 84.72%
- 6M
- 83.47%
- 1Y
- 117.36%
- 3Y*
- 36.03%
- 5Y*
- 16.31%
- 10Y*
- 18.71%
TSLA vs. ESI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -10.95% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
ESI Element Solutions Inc | 84.72% | -0.44% | 11.29% | 29.26% | -23.91% | 38.51% | 52.36% | 13.07% | 4.13% | 1.12% |
Correlation
The correlation between TSLA and ESI is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2013 | 0.31 |
Fundamentals
TSLA:
$1.42T
ESI:
$11.20B
TSLA:
$1.10
ESI:
$0.61
TSLA:
364.79
ESI:
75.02
TSLA:
44.63
ESI:
7.23
TSLA:
14.45
ESI:
3.99
TSLA:
16.85
ESI:
4.10
TSLA:
$97.88B
ESI:
$2.80B
TSLA:
$18.66B
ESI:
$1.14B
TSLA:
$10.48B
ESI:
$407.70M
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Return for Risk
TSLA vs. ESI — Risk / Return Rank
TSLA
ESI
TSLA vs. ESI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and Element Solutions Inc (ESI). 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 | ESI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.36 | ||
| Sortino ratioReturn per unit of downside risk | -2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.44 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 6.61 | -5.80 |
| Martin ratioReturn relative to average drawdown | 1.84 | 20.54 | -18.70 |
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Drawdowns
TSLA vs. ESI - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, smaller than the maximum ESI drawdown of -80.66%. Use the drawdown chart below to compare losses from any high point for TSLA and ESI.
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Drawdown Indicators
| TSLA | ESI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -80.66% | +7.03% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -17.85% | -12.08% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -39.98% | -13.79% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -39.98% | -33.65% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | -56.24% | -17.39% |
Current DrawdownCurrent decline from peak | -18.25% | 0.00% | -18.25% |
Average DrawdownAverage peak-to-trough decline | -22.71% | -36.09% | +13.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.25% | 5.73% | +7.52% |
Volatility
TSLA vs. ESI - Volatility Comparison
The current volatility for Tesla, Inc. (TSLA) is 13.43%, while Element Solutions Inc (ESI) has a volatility of 14.20%. This indicates that TSLA experiences smaller price fluctuations and is considered to be less risky than ESI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | ESI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.43% | 14.20% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 28.33% | 33.63% | -5.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.31% | 40.58% | +3.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.99% | 34.65% | +24.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.15% | 37.19% | +21.96% |
Dividends
TSLA vs. ESI - Dividend Comparison
TSLA has not paid dividends to shareholders, while ESI's dividend yield for the trailing twelve months is around 0.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ESI Element Solutions Inc | 0.70% | 1.28% | 1.26% | 1.38% | 1.76% | 1.03% | 0.28% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TSLA vs. ESI - Financials Comparison
This section allows you to compare key financial metrics between Tesla, Inc. and Element Solutions 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 vs. ESI - 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%.
ESI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Element Solutions Inc reported a gross profit of 322.70M and revenue of 840.00M. Therefore, the gross margin over that period was 38.4%.
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%.
ESI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Element Solutions Inc reported an operating income of 111.40M and revenue of 840.00M, resulting in an operating margin of 13.3%.
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%.
ESI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Element Solutions Inc reported a net income of 55.90M and revenue of 840.00M, resulting in a net margin of 6.7%.
Frequently Asked Questions
TSLA and ESI have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESI has higher volatility (14.20%) compared to TSLA (13.43%). In terms of maximum drawdown, TSLA dropped -73.63% vs ESI's -80.66%.
ESI currently has the higher Sharpe Ratio (2.91 vs 0.55), 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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