F vs TSLA: Correlation
Ford Motor Company (F) and Tesla, Inc. (TSLA) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are F and TSLA?
Over the past 3 years, F and TSLA moved with a correlation of 0.30, which is moderate. The link has loosened recently: the 1-year correlation (0.19) runs below the 3-year figure (0.30). Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 578.1 %².
Among the 35 assets we track against F, TSLA ranks #25 by 3-year correlation. The last year tells two different stories: F led by 21.1 percentage points, +22.6% for F against +1.5% for TSLA. The rolling one-year correlation moved between 0.10 and 0.55 over the past three years, a moderate range.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
F vs TSLA: side by side
| F (Ford Motor Company) | TSLA (Tesla, Inc.) | |
|---|---|---|
| 1-year return | +22.6% | +1.5% |
| 5-year return | +45.8% | +45.6% |
| Volatility (ann.) | 36.1% | 53.9% |
| Beta vs S&P 500 | 1.06 | 1.87 |
| Max drawdown (3Y) | -36.5% | -53.8% |
| Market cap | $55.6B | $1,401.3B |
| P/E (trailing) | – | 322.6 |
| Dividend yield | 4.32% | 0.00% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | F | TSLA |
|---|---|---|
| 2022 | -42.2% | -65.0% |
| 2023 | +15.8% | +101.7% |
| 2024 | -13.1% | +62.5% |
| 2025 | +42.3% | +11.4% |
| 2026 | +10.0% | -21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are F and TSLA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between F and TSLA?
The F/TSLA correlation stands at 0.30 on a 3-year window (1 year: 0.19, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is TSLA a good diversifier for F?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: F correlations · TSLA correlations
