TSLP vs. TSLA
Compare and contrast key facts about Kurv Yield Premium Strategy Tesla ETF (TSLP) and Tesla, Inc. (TSLA).
TSLP is an actively managed fund by Kurv. It was launched on Oct 26, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLP or TSLA.
Correlation
The correlation between TSLP and TSLA is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TSLP vs. TSLA - Performance Comparison
Key characteristics
TSLP:
1.24
TSLA:
1.20
TSLP:
2.13
TSLA:
2.03
TSLP:
1.24
TSLA:
1.23
TSLP:
1.48
TSLA:
1.18
TSLP:
7.14
TSLA:
5.50
TSLP:
8.36%
TSLA:
14.04%
TSLP:
48.18%
TSLA:
64.15%
TSLP:
-40.19%
TSLA:
-73.63%
TSLP:
-14.54%
TSLA:
-26.15%
Returns By Period
In the year-to-date period, TSLP achieves a -7.73% return, which is significantly higher than TSLA's -12.24% return.
TSLP
-7.73%
-12.20%
42.85%
62.74%
N/A
N/A
TSLA
-12.24%
-16.43%
68.23%
81.96%
42.78%
38.43%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TSLP vs. TSLA — Risk-Adjusted Performance Rank
TSLP
TSLA
TSLP vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Tesla ETF (TSLP) and Tesla, Inc. (TSLA). 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.
Dividends
TSLP vs. TSLA - Dividend Comparison
TSLP's dividend yield for the trailing twelve months is around 31.09%, while TSLA has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
TSLP Kurv Yield Premium Strategy Tesla ETF | 31.09% | 21.83% | 4.39% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
TSLP vs. TSLA - Drawdown Comparison
The maximum TSLP drawdown since its inception was -40.19%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for TSLP and TSLA. For additional features, visit the drawdowns tool.
Volatility
TSLP vs. TSLA - Volatility Comparison
Kurv Yield Premium Strategy Tesla ETF (TSLP) and Tesla, Inc. (TSLA) have volatilities of 12.87% and 13.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.