VIXY vs. TSLA
VIXY (ProShares VIX Short-Term Futures ETF) is Volatility fund tracking the S&P 500 VIX Short-Term Futures Index Total Return, while TSLA (Tesla, Inc.) is a stock. Over the past 10 years, VIXY returned -47.13%/yr vs 40.05%/yr for TSLA. At a correlation of -0.40, they often move in opposite directions.
Performance
VIXY vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, VIXY achieves a -8.27% return, which is significantly lower than TSLA's -5.79% return. Over the past 10 years, VIXY has underperformed TSLA with an annualized return of -47.13%, while TSLA has yielded a comparatively higher 40.05% annualized return.
VIXY
- 1D
- 0.26%
- 1M
- -15.15%
- YTD
- -8.27%
- 6M
- -22.71%
- 1Y
- -53.80%
- 3Y*
- -42.73%
- 5Y*
- -46.70%
- 10Y*
- -47.13%
TSLA
- 1D
- -0.01%
- 1M
- 7.95%
- YTD
- -5.79%
- 6M
- -5.16%
- 1Y
- 23.07%
- 3Y*
- 25.57%
- 5Y*
- 16.24%
- 10Y*
- 40.05%
VIXY vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VIXY ProShares VIX Short-Term Futures ETF | -8.27% | -43.05% | -27.43% | -72.74% | -24.98% | -72.40% | 10.54% | -67.81% | 66.78% | -72.78% |
TSLA Tesla, Inc. | -5.79% | 11.36% | 62.52% | 101.72% | -65.03% | 49.76% | 743.44% | 25.70% | 6.89% | 45.70% |
Correlation
The correlation between VIXY and TSLA is -0.43, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.41 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2011 | -0.40 |
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Return for Risk
VIXY vs. TSLA — Risk / Return Rank
VIXY
TSLA
VIXY vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares VIX Short-Term Futures ETF (VIXY) 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.
| VIXY | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -2.53 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.12 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 0.77 | -1.73 |
| Martin ratioReturn relative to average drawdown | -1.34 | 1.81 | -3.15 |
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
| VIXY | TSLA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.97 | 0.50 | -1.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.67 | 0.28 | -0.94 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.65 | 0.68 | -1.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.69 | 0.73 | -1.43 |
Drawdowns
VIXY vs. TSLA - Drawdown Comparison
The maximum VIXY drawdown since its inception was -100.00%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for VIXY and TSLA.
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Drawdown Indicators
| VIXY | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -73.63% | -26.37% |
Max Drawdown (1Y)Largest decline over 1 year | -56.72% | -29.93% | -26.79% |
Max Drawdown (3Y)Largest decline over 3 years | -81.00% | -53.77% | -27.23% |
Max Drawdown (5Y)Largest decline over 5 years | -95.92% | -73.63% | -22.29% |
Max Drawdown (10Y)Largest decline over 10 years | -99.87% | -73.63% | -26.24% |
Current DrawdownCurrent decline from peak | -100.00% | -13.51% | -86.49% |
Average DrawdownAverage peak-to-trough decline | -92.18% | -22.73% | -69.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.22% | 12.84% | +27.38% |
Volatility
VIXY vs. TSLA - Volatility Comparison
The current volatility for ProShares VIX Short-Term Futures ETF (VIXY) is 8.03%, while Tesla, Inc. (TSLA) has a volatility of 12.12%. This indicates that VIXY experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VIXY | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.03% | 12.12% | -4.09% |
Volatility (6M)Calculated over the trailing 6-month period | 41.47% | 27.28% | +14.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.89% | 46.36% | +9.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.31% | 58.85% | +11.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.48% | 59.11% | +13.37% |
Dividends
VIXY vs. TSLA - Dividend Comparison
Neither VIXY nor TSLA has paid dividends to shareholders.
Frequently Asked Questions
VIXY and TSLA have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLA has higher volatility (12.12%) compared to VIXY (8.03%). In terms of maximum drawdown, VIXY dropped -100.00% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.50 vs -0.97), 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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