TSLA vs. SPY
TSLA (Tesla, Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, TSLA returned 35.67%/yr vs 14.53%/yr for SPY. At 0.46, their price movements are largely independent.
Performance
TSLA vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -22.41% return, which is significantly lower than SPY's -0.09% return. Over the past 10 years, TSLA has outperformed SPY with an annualized return of 35.67%, while SPY has yielded a comparatively lower 14.53% annualized return.
TSLA
- 1D
- 0.96%
- 1M
- -10.80%
- YTD
- -22.41%
- 6M
- -15.61%
- 1Y
- 38.30%
- 3Y*
- 23.16%
- 5Y*
- 9.11%
- 10Y*
- 35.67%
SPY
- 1D
- -0.07%
- 1M
- 2.87%
- YTD
- -0.09%
- 6M
- 4.64%
- 1Y
- 28.71%
- 3Y*
- 19.89%
- 5Y*
- 12.07%
- 10Y*
- 14.53%
TSLA vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -22.41% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
SPY State Street SPDR S&P 500 ETF | -0.09% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between TSLA and SPY is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2010 | 0.46 |
The correlation between TSLA and SPY shifts across timeframes, from 0.46 (all time) to 0.56 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
TSLA vs. SPY — Risk / Return Rank
TSLA
SPY
TSLA vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and State Street SPDR S&P 500 ETF (SPY). 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 | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 2.35 | -1.55 |
Sortino ratioReturn per unit of downside risk | 1.34 | 3.26 | -1.92 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.44 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | 1.91 | 4.32 | -2.41 |
Martin ratioReturn relative to average drawdown | 4.84 | 18.78 | -13.94 |
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 | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 2.35 | -1.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.71 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.81 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.57 | +0.14 |
Drawdowns
TSLA vs. SPY - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TSLA and SPY.
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Drawdown Indicators
| TSLA | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -55.19% | -18.44% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -8.88% | -21.05% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -24.50% | -49.13% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | -33.72% | -39.91% |
Current DrawdownCurrent decline from peak | -28.77% | -2.04% | -26.73% |
Average DrawdownAverage peak-to-trough decline | -22.78% | -9.09% | -13.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.84% | 2.05% | +9.79% |
Volatility
TSLA vs. SPY - Volatility Comparison
Tesla, Inc. (TSLA) has a higher volatility of 11.73% compared to State Street SPDR S&P 500 ETF (SPY) at 5.74%. This indicates that TSLA's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.73% | 5.74% | +5.99% |
Volatility (6M)Calculated over the trailing 6-month period | 28.96% | 9.82% | +19.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.07% | 14.06% | +35.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.07% | 17.08% | +41.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.01% | 17.93% | +41.08% |
Dividends
TSLA vs. SPY - Dividend Comparison
TSLA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.09%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPY State Street SPDR S&P 500 ETF | 1.09% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |