FRLAU vs TELA
Comparison between Fortune Rise Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) (FRLAU, Company) and TELA Bio Inc (TELA, Company).
FRLAU is from the Financial Services sector, while TELA is from the Healthcare sector.
5-Year PerformanceFRLAU has outperformed TELA, delivering a return of +3.4% compared to -44.3%
FRLAU vs TELA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
FRLAU vs TELA - Historical Returns
Returns include dividend reinvestment.
FRLAU vs TELA - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | FRLAU | TELA |
|---|---|---|
| 2026 | +0.00% | -29.74% |
| 2025 | +0.00% | -59.03% |
| 2024 | +0.44% | -54.38% |
| 2023 | +10.70% | -42.43% |
| 2022 | +0.69% | -16.06% |
| 2021 | +0.90% | -16.45% |
| 2020 | N/A | +16.14% |
| 2019 | N/A | -3.00% |
FRLAU vs TELA Drawdown Comparison
The maximum drawdown for FRLAU was -5.05%, occurring on May 18, 2023. Recovery took 234 trading sessions.
The maximum drawdown for TELA was -97.52%, occurring on Apr 13, 2026. This drawdown has not yet recovered.
The current TELA drawdown is -96.46%.
| Rank | FRLAU | TELA |
|---|---|---|
| #1 | -5.05% May 12, 2023 - Apr 19, 2024 | -97.52% Jun 19, 2020 - Apr 13, 2026 |
| #2 | -3.83% Apr 19, 2024 - Oct 2, 2024 | -70.60% Feb 24, 2020 - Jun 16, 2020 |
| #3 | -3.08% Oct 2, 2024 - Nov 11, 2024 | -18.41% Nov 29, 2019 - Jan 8, 2020 |
| #4 | -1.18% May 31, 2022 - Oct 14, 2022 | -14.83% Nov 8, 2019 - Nov 29, 2019 |
| #5 | -1.08% Apr 14, 2022 - May 31, 2022 | -6.47% Jan 8, 2020 - Jan 13, 2020 |
| #6 | -0.89% Dec 14, 2021 - Mar 25, 2022 | -5.98% Jan 23, 2020 - Feb 14, 2020 |
| #7 | -0.79% Apr 6, 2022 - Apr 14, 2022 | -4.03% Jan 16, 2020 - Jan 22, 2020 |
| #8 | -0.69% Nov 24, 2021 - Dec 14, 2021 | -2.56% Feb 18, 2020 - Feb 24, 2020 |
| #9 | -0.59% Oct 14, 2022 - Jan 6, 2023 | N/A |
| #10 | -0.30% Mar 25, 2022 - Apr 5, 2022 | N/A |
| #11 | -0.28% May 5, 2023 - May 12, 2023 | N/A |
| #12 | -0.20% Nov 5, 2021 - Nov 9, 2021 | N/A |
| #13 | -0.19% Jan 6, 2023 - Mar 1, 2023 | N/A |
| #14 | -0.10% Nov 16, 2021 - Nov 19, 2021 | N/A |
Correlation
Correlation between FRLAU and TELA is -0.80 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
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