LOOP vs TELA
Comparison between Loop Industries Inc (LOOP, Company) and TELA Bio Inc (TELA, Company).
LOOP is from the Basic Materials sector, while TELA is from the Healthcare sector.
5-Year PerformanceLOOP has outperformed TELA, delivering a return of -43.5% compared to -44.5%
LOOP vs TELA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
LOOP vs TELA - Historical Returns
Returns include dividend reinvestment.
LOOP vs TELA - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | LOOP | TELA |
|---|---|---|
| 2026 | -48.55% | -38.60% |
| 2025 | -15.25% | -59.03% |
| 2024 | -67.12% | -54.38% |
| 2023 | +51.20% | -42.43% |
| 2022 | -81.30% | -16.06% |
| 2021 | +43.17% | -16.45% |
| 2020 | -18.63% | +16.14% |
| 2019 | +20.15% | -3.00% |
| 2018 | -47.39% | N/A |
| 2017 | -5.05% | N/A |
LOOP vs TELA Drawdown Comparison
The maximum drawdown for LOOP was -97.10%, occurring on Aug 28, 2026. This drawdown has not yet recovered.
The maximum drawdown for TELA was -97.52%, occurring on Apr 13, 2026. This drawdown has not yet recovered.
The current LOOP drawdown is -97.10%. The current TELA drawdown is -96.90%.
| Rank | LOOP | TELA |
|---|---|---|
| #1 | -97.10% Jan 10, 2018 - Aug 28, 2026 | -97.52% Jun 19, 2020 - Apr 13, 2026 |
| #2 | -21.11% Nov 20, 2017 - Jan 8, 2018 | -70.60% Feb 24, 2020 - Jun 16, 2020 |
| #3 | -0.44% Jan 8, 2018 - Jan 10, 2018 | -18.41% Nov 29, 2019 - Jan 8, 2020 |
| #4 | N/A | -14.83% Nov 8, 2019 - Nov 29, 2019 |
| #5 | N/A | -6.47% Jan 8, 2020 - Jan 13, 2020 |
| #6 | N/A | -5.98% Jan 23, 2020 - Feb 14, 2020 |
| #7 | N/A | -4.03% Jan 16, 2020 - Jan 22, 2020 |
| #8 | N/A | -2.56% Feb 18, 2020 - Feb 24, 2020 |
Correlation
Correlation between LOOP and TELA is 0.85 which considered as a strong positive correlation - the stocks tend to move together.
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