TSLA vs. MDT
TSLA (Tesla, Inc.) and MDT (Medtronic plc) are both stocks. TSLA operates in Auto Manufacturers (Consumer Cyclical), while MDT operates in Medical Devices (Healthcare). Over the past 10 years, TSLA returned 39.56%/yr vs 2.04%/yr for MDT. At a 0.21 correlation, their price movements are largely independent.
Performance
TSLA vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -9.07% return, which is significantly higher than MDT's -15.31% return. Over the past 10 years, TSLA has outperformed MDT with an annualized return of 39.56%, while MDT has yielded a comparatively lower 2.04% 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%
MDT
- 1D
- -1.20%
- 1M
- 5.96%
- YTD
- -15.31%
- 6M
- -19.07%
- 1Y
- -4.79%
- 3Y*
- 2.04%
- 5Y*
- -5.25%
- 10Y*
- 2.04%
TSLA vs. MDT - 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% |
MDT Medtronic plc | -15.31% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between TSLA and MDT is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2010 | 0.21 |
Over the past year, the correlation between TSLA and MDT has dropped to 0.00 - well below their long-term average of 0.21, suggesting their price drivers have been diverging.
Fundamentals
TSLA:
$1.45T
MDT:
$103.94B
TSLA:
$1.10
MDT:
$3.58
TSLA:
372.50
MDT:
22.52
TSLA:
45.57
MDT:
2.03
TSLA:
14.75
MDT:
2.93
TSLA:
$97.88B
MDT:
$35.48B
TSLA:
$18.66B
MDT:
$5.78B
TSLA:
$10.48B
MDT:
$7.11B
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Return for Risk
TSLA vs. MDT — Risk / Return Rank
TSLA
MDT
TSLA vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and Medtronic plc (MDT). 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 | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.98 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | -0.17 | +1.46 |
| Martin ratioReturn relative to average drawdown | 3.01 | -0.43 | +3.44 |
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 | MDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | -0.23 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | -0.24 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.09 | +0.58 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.47 | +0.26 |
Drawdowns
TSLA vs. MDT - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, which is greater than MDT's maximum drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for TSLA and MDT.
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Drawdown Indicators
| TSLA | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -57.63% | -16.00% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -28.90% | -1.03% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -28.90% | -24.87% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -45.10% | -28.53% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | -45.10% | -28.53% |
Current DrawdownCurrent decline from peak | -16.52% | -30.81% | +14.29% |
Average DrawdownAverage peak-to-trough decline | -22.73% | -16.54% | -6.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.84% | 11.17% | +1.67% |
Volatility
TSLA vs. MDT - Volatility Comparison
Tesla, Inc. (TSLA) has a higher volatility of 14.26% compared to Medtronic plc (MDT) at 10.04%. This indicates that TSLA's price experiences larger fluctuations and is considered to be riskier than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.26% | 10.04% | +4.22% |
Volatility (6M)Calculated over the trailing 6-month period | 28.15% | 16.19% | +11.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.60% | 20.95% | +23.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.92% | 21.93% | +36.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.14% | 23.24% | +35.90% |
Dividends
TSLA vs. MDT - Dividend Comparison
TSLA has not paid dividends to shareholders, while MDT's dividend yield for the trailing twelve months is around 3.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TSLA vs. MDT - Financials Comparison
This section allows you to compare key financial metrics between Tesla, Inc. and Medtronic plc. 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
Frequently Asked Questions
TSLA and MDT have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLA has higher volatility (14.26%) compared to MDT (10.04%). In terms of maximum drawdown, TSLA dropped -73.63% vs MDT's -57.63%.
TSLA currently has the higher Sharpe Ratio (0.87 vs -0.23), 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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