TSLY.TO vs. TSLA
TSLY.TO (Harvest Tesla Enhanced High Income Shares ETF) is Derivative Income fund actively managed by Harvest, while TSLA (Tesla, Inc.) is a stock. Over the past year, TSLY.TO returned 34.31% vs 24.17% for TSLA. Their correlation of 0.95 suggests significant overlap in exposure.
Performance
TSLY.TO vs. TSLA - Performance Comparison
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Different Trading Currencies
TSLY.TO is traded in CAD, while TSLA is traded in USD. To make them comparable, the TSLA values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TSLY.TO achieves a -4.02% return, which is significantly higher than TSLA's -4.96% return.
TSLY.TO
- 1D
- 0.27%
- 1M
- 9.93%
- YTD
- -4.02%
- 6M
- -4.42%
- 1Y
- 34.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- 0.00%
- 1M
- 9.67%
- YTD
- -4.96%
- 6M
- -5.90%
- 1Y
- 24.17%
- 3Y*
- 26.87%
- 5Y*
- 19.46%
- 10Y*
- 41.00%
TSLY.TO vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSLY.TO Harvest Tesla Enhanced High Income Shares ETF | -4.02% | -0.09% |
TSLA Tesla, Inc. | -4.59% | 3.60% |
Correlation
The correlation between TSLY.TO and TSLA is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2025 | 0.95 |
The correlation between TSLY.TO and TSLA has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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Return for Risk
TSLY.TO vs. TSLA — Risk / Return Rank
TSLY.TO
TSLA
TSLY.TO vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Tesla Enhanced High Income Shares ETF (TSLY.TO) 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.
| TSLY.TO | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.12 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 0.82 | +0.33 |
| Martin ratioReturn relative to average drawdown | 2.82 | 1.88 | +0.94 |
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
| TSLY.TO | TSLA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.53 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.34 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.71 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.79 | -0.84 |
Drawdowns
TSLY.TO vs. TSLA - Drawdown Comparison
The maximum TSLY.TO drawdown since its inception was -58.91%, smaller than the maximum TSLA drawdown of -71.10%. Use the drawdown chart below to compare losses from any high point for TSLY.TO and TSLA.
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Drawdown Indicators
| TSLY.TO | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -71.10% | +12.19% |
Max Drawdown (1Y)Largest decline over 1 year | -29.78% | -29.46% | -0.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -54.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -71.10% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -71.10% | — |
Current DrawdownCurrent decline from peak | -14.41% | -14.59% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -26.89% | -21.87% | -5.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.29% | 12.96% | -0.67% |
Volatility
TSLY.TO vs. TSLA - Volatility Comparison
Harvest Tesla Enhanced High Income Shares ETF (TSLY.TO) and Tesla, Inc. (TSLA) have volatilities of 11.45% and 12.03%, 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.
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Volatility by Period
| TSLY.TO | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.45% | 12.03% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 27.64% | 26.94% | +0.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.73% | 45.80% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.20% | 57.68% | +2.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.20% | 57.94% | +2.26% |
Dividends
TSLY.TO vs. TSLA - Dividend Comparison
TSLY.TO's dividend yield for the trailing twelve months is around 37.80%, while TSLA has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
TSLA Tesla, Inc. | 0.00% | 0.00% |
TSLY.TO Harvest Tesla Enhanced High Income Shares ETF | 37.80% | 32.52% |
Frequently Asked Questions
With a correlation of 0.94, TSLY.TO and TSLA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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