TSLA correlations (Tesla, Inc.)
TSLA measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Consumer Discretionary · Automobile Manufacturers
Volatility (ann.)
53.9%
3y weekly
Beta vs S&P 500
1.87
3y weekly
1-year return
+1.5%
price, adjusted
5-year return
+45.6%
price, adjusted
Market cap
$1,401.3B
latest
P/E ratio
322.6
trailing
Max drawdown
-53.8%
3y, daily closes
TSLA over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with TSLA
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLY | Consumer Discretionary Select Sector SPDR Fund | 0.72 | |
| ARKK | ARK Innovation ETF | 0.61 | |
| QQQM | Invesco Nasdaq 100 ETF | 0.57 | |
| QQQ | Invesco QQQ Trust | 0.57 | |
| VUG | Vanguard Growth ETF | 0.55 | |
| FNGO | MicroSectors FANG Index 2X Leveraged ETNs due January 8 | 0.55 | |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.54 | |
| IONQ | IonQ, Inc. | 0.53 | |
| QQQX | Nuveen NASDAQ 100 Dynamic Overwrite Fund - Closed End Fund | 0.52 | |
| VOO | Vanguard S&P 500 ETF | 0.50 | |
| IVV | iShares Core S&P 500 ETF | 0.50 | |
| SPY | SPDR S&P 500 ETF Trust | 0.50 | |
| VTI | Vanguard Total Stock Market ETF | 0.50 | |
| XLK | Technology Select Sector SPDR Fund | 0.49 | |
| CSQ | Calamos Strategic Total Return Fund - Closed End Fund | 0.48 |
Best diversifiers for TSLA
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from TSLA.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.53 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.39 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.38 | |
| DFNS | T3 Defense Inc. | -0.20 | |
| TWG | Top Wealth Group Holding Limited - Class A | -0.20 | |
| CIIT | Tianci International, Inc. | -0.19 | |
| CDT | CDT Equity Inc. | -0.18 | |
| DBGI | Digital Brands Group, Inc. | -0.18 | |
| ED | Consolidated Edison | -0.18 | |
| EHGO | Eshallgo Inc. - Class A | -0.18 |
TSLA vs benchmarks
TSLA vs its peers
Get TSLA data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/tsla.jsonCorrelations, diversifiers, beta and volatility for TSLA, plus one endpoint per pair. API documentation.
TSLA inside major ETFs
| ETF | TSLA weight | |
|---|---|---|
| XLY | Consumer Discretionary Select Sector SPDR Fund | 16.18% |
| QQQ | Invesco QQQ Trust | 2.77% |
| QQQM | Invesco Nasdaq 100 ETF | 2.77% |
| VUG | Vanguard Growth ETF | 2.45% |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 1.69% |
| IVV | iShares Core S&P 500 ETF | 1.47% |
| SPY | SPDR S&P 500 ETF Trust | 1.47% |
| VOO | Vanguard S&P 500 ETF | 1.36% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 1.22% |
| VTI | Vanguard Total Stock Market ETF | 1.22% |
