XLU vs. TSLA

Last updated Jun 13, 2026

XLU (State Street Utilities Select Sector SPDR ETF) is Utilities Equities fund tracking the Utilities Select Sector Index, while TSLA (Tesla, Inc.) is a stock. Over the past 10 years, XLU returned 9.20%/yr vs 39.72%/yr for TSLA. At a 0.12 correlation, their price movements are largely independent.

Performance

XLU vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Utilities Select Sector SPDR ETF (XLU) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLU achieves a 5.04% return, which is significantly higher than TSLA's -9.63% return. Over the past 10 years, XLU has underperformed TSLA with an annualized return of 9.20%, while TSLA has yielded a comparatively higher 39.72% annualized return.

XLU

• 1D: 1.09%
• 1M: -0.31%
• YTD: 5.04%
• 6M: 5.48%
• 1Y: 11.85%
• 3Y*: 13.79%
• 5Y*: 9.41%
• 10Y*: 9.20%

TSLA

• 1D: 1.82%
• 1M: -8.72%
• YTD: -9.63%
• 6M: -11.45%
• 1Y: 27.36%
• 3Y*: 16.25%
• 5Y*: 14.86%
• 10Y*: 39.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XLU vs. TSLA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLU State Street Utilities Select Sector SPDR ETF	5.04%	16.03%	23.31%	-7.18%	1.44%	17.70%	0.51%	25.93%	3.94%	12.05%
TSLA Tesla, Inc.	-9.63%	11.36%	62.52%	101.72%	-65.03%	49.76%	743.44%	25.70%	6.89%	45.70%

Correlation

The correlation between XLU and TSLA is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jun 29, 2010	0.12

Return for Risk

XLU vs. TSLA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XLU

XLU Risk / Return Rank: 26
XLU Sharpe Ratio Rank: 26
XLU Sortino Ratio Rank: 24
XLU Omega Ratio Rank: 24
XLU Calmar Ratio Rank: 30
XLU Martin Ratio Rank: 24

TSLA

TSLA Risk / Return Rank: 61
TSLA Sharpe Ratio Rank: 64
TSLA Sortino Ratio Rank: 59
TSLA Omega Ratio Rank: 56
TSLA Calmar Ratio Rank: 62
TSLA Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XLU vs. TSLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Utilities Select Sector SPDR ETF (XLU) 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.

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.

	XLU	TSLA	Difference
Sharpe ratio: Return per unit of total volatility	0.81	0.62	+0.20
Sortino ratio: Return per unit of downside risk	1.18	1.13	+0.05
Omega ratio: Gain probability vs. loss probability	1.15	1.13	+0.02
Calmar ratio: Return relative to maximum drawdown	1.30	0.92	+0.38
Martin ratio: Return relative to average drawdown	2.80	2.10	+0.70

XLU vs. TSLA - Sharpe Ratio Comparison

The current XLU Sharpe Ratio is 0.81, which is higher than the TSLA Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of XLU and TSLA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XLU vs. TSLA - Drawdown Comparison

The maximum XLU drawdown since its inception was -51.98%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for XLU and TSLA.

Drawdown Indicators

	XLU	TSLA	Difference
Max Drawdown Largest peak-to-trough decline	-51.98%	-73.63%	+21.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.18%	-29.93%	+20.75%
Max Drawdown (3Y) Largest decline over 3 years	-17.26%	-53.77%	+36.51%
Max Drawdown (5Y) Largest decline over 5 years	-25.26%	-73.63%	+48.37%
Max Drawdown (10Y) Largest decline over 10 years	-36.07%	-73.63%	+37.56%
Current Drawdown Current decline from peak	-6.05%	-17.03%	+10.98%
Average Drawdown Average peak-to-trough decline	-10.22%	-22.72%	+12.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.25%	13.06%	-8.81%

Volatility

XLU vs. TSLA - Volatility Comparison

The current volatility for State Street Utilities Select Sector SPDR ETF (XLU) is 5.59%, while Tesla, Inc. (TSLA) has a volatility of 14.25%. This indicates that XLU 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.

Volatility by Period

	XLU	TSLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	14.25%	-8.66%
Volatility (6M) Calculated over the trailing 6-month period	11.68%	28.73%	-17.05%
Volatility (1Y) Calculated over the trailing 1-year period	14.66%	44.49%	-29.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	58.98%	-41.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.27%	59.14%	-39.87%

Dividends

XLU vs. TSLA - Dividend Comparison

XLU's dividend yield for the trailing twelve months is around 2.67%, while TSLA has not paid dividends to shareholders.

Position	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%
XLU State Street Utilities Select Sector SPDR ETF	2.67%	2.71%	2.96%	3.39%	2.92%	2.79%	3.14%	2.95%	3.33%	3.33%	3.41%	3.67%

Frequently Asked Questions

Can I hold both XLU and TSLA in my portfolio?

XLU and TSLA have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XLU or TSLA?

TSLA has higher volatility (14.25%) compared to XLU (5.59%). In terms of maximum drawdown, XLU dropped -51.98% vs TSLA's -73.63%.

Which has better risk-adjusted returns?

XLU currently has the higher Sharpe Ratio (0.81 vs 0.62), 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.