TSLA vs. PLUG
TSLA (Tesla, Inc.) and PLUG (Plug Power Inc.) are both stocks. TSLA operates in Auto Manufacturers (Consumer Cyclical), while PLUG operates in Electrical Equipment & Parts (Industrials). Over the past 10 years, TSLA returned 40.10%/yr vs 3.84%/yr for PLUG. At a 0.29 correlation, their price movements are largely independent.
Performance
TSLA vs. PLUG - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -6.48% return, which is significantly lower than PLUG's 37.56% return. Over the past 10 years, TSLA has outperformed PLUG with an annualized return of 40.10%, while PLUG has yielded a comparatively lower 3.84% annualized return.
TSLA
- 1D
- 2.13%
- 1M
- -3.49%
- YTD
- -6.48%
- 6M
- -7.44%
- 1Y
- 32.41%
- 3Y*
- 17.13%
- 5Y*
- 13.23%
- 10Y*
- 40.10%
PLUG
- 1D
- 4.63%
- 1M
- -31.39%
- YTD
- 37.56%
- 6M
- 39.69%
- 1Y
- 81.88%
- 3Y*
- -36.11%
- 5Y*
- -39.45%
- 10Y*
- 3.84%
TSLA vs. PLUG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -6.48% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
PLUG Plug Power Inc. | 37.56% | -7.51% | -52.67% | -63.62% | -56.18% | -16.75% | 973.10% | 154.84% | -47.46% | 96.67% |
Correlation
The correlation between TSLA and PLUG is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2010 | 0.29 |
The correlation between TSLA and PLUG shifts across timeframes, from 0.29 (all time) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TSLA:
$1.49T
PLUG:
$3.77B
TSLA:
$1.10
PLUG:
-$1.36
TSLA:
15.19
PLUG:
4.53
TSLA:
17.69
PLUG:
5.02
TSLA:
$97.88B
PLUG:
$739.76M
TSLA:
$18.66B
PLUG:
-$189.79M
TSLA:
$10.48B
PLUG:
-$745.89M
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Return for Risk
TSLA vs. PLUG — Risk / Return Rank
TSLA
PLUG
TSLA vs. PLUG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and Plug Power Inc. (PLUG). 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 | PLUG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.21 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 1.45 | -0.37 |
| Martin ratioReturn relative to average drawdown | 2.45 | 2.41 | +0.04 |
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Drawdowns
TSLA vs. PLUG - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, smaller than the maximum PLUG drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for TSLA and PLUG.
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Drawdown Indicators
| TSLA | PLUG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -99.99% | +26.36% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -56.66% | +26.73% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -94.69% | +40.92% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -98.43% | +24.80% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | -99.04% | +25.41% |
Current DrawdownCurrent decline from peak | -14.14% | -99.82% | +85.68% |
Average DrawdownAverage peak-to-trough decline | -22.71% | -96.22% | +73.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.28% | 34.10% | -20.82% |
Volatility
TSLA vs. PLUG - Volatility Comparison
The current volatility for Tesla, Inc. (TSLA) is 16.55%, while Plug Power Inc. (PLUG) has a volatility of 20.69%. This indicates that TSLA experiences smaller price fluctuations and is considered to be less risky than PLUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | PLUG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.55% | 20.69% | -4.14% |
Volatility (6M)Calculated over the trailing 6-month period | 29.58% | 63.92% | -34.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.56% | 105.82% | -61.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.13% | 94.41% | -35.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.15% | 89.54% | -30.39% |
Dividends
TSLA vs. PLUG - Dividend Comparison
Neither TSLA nor PLUG has paid dividends to shareholders.
Financials
TSLA vs. PLUG - Financials Comparison
This section allows you to compare key financial metrics between Tesla, Inc. and Plug Power 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
Frequently Asked Questions
TSLA and PLUG have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLUG has higher volatility (20.69%) compared to TSLA (16.55%). In terms of maximum drawdown, TSLA dropped -73.63% vs PLUG's -99.99%.
PLUG currently has the higher Sharpe Ratio (0.81 vs 0.73), 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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