YieldMax TSLA Option Income Strategy ETF (TSLY)
The YieldMax™ TSLA Option Income Strategy ETF (TSLY) is a fund that aims to produce monthly income by selling call options on TSLA. While the strategy can provide attractive yields and limited participation in TSLA's price increases, it doesn't invest directly in TSLA. The strategy limits its potential gains when TSLA's value rises and is exposed to losses when TSLA's value drops, which might not be balanced by the fund's income. The fund primarily focuses on generating current income and secondarily on TSLA's share price exposure, with a cap on investment gains.
ETF Info
US88634T7090
88634T709
Nov 22, 2022
1x
No Index (Active)
Distributing
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in YieldMax TSLA Option Income Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
YieldMax TSLA Option Income Strategy ETF had a return of 16.70% year-to-date (YTD) and 26.30% in the last 12 months.
TSLY
16.70%
40.48%
43.97%
26.30%
N/A
N/A
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of TSLY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -21.43% | 10.55% | -10.21% | 2.85% | 0.99% | 10.29% | 3.97% | -6.94% | 10.29% | -4.60% | 16.70% | ||
| 2023 | 14.68% | 19.70% | 2.95% | -18.19% | 19.48% | 16.81% | 5.58% | -9.75% | -2.55% | -15.38% | 10.29% | 7.76% | 50.69% |
| 2022 | 7.20% | -31.92% | -27.02% |
Expense Ratio
TSLY has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TSLY is 23, indicating that it is in the bottom 23% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
YieldMax TSLA Option Income Strategy ETF provided a 68.18% dividend yield over the last twelve months, with an annual payout of $10.45 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $10.45 | $18.25 |
Dividend yield | 68.18% | 76.47% |
Monthly Dividends
The table displays the monthly dividend distributions for YieldMax TSLA Option Income Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.11 | $0.81 | $0.81 | $0.68 | $0.69 | $0.64 | $1.00 | $0.97 | $0.82 | $1.69 | $0.00 | $9.24 | |
| 2023 | $2.00 | $1.81 | $1.80 | $1.66 | $0.88 | $1.61 | $2.13 | $1.66 | $1.17 | $1.15 | $1.17 | $1.21 | $18.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the YieldMax TSLA Option Income Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the YieldMax TSLA Option Income Strategy ETF was 45.63%, occurring on Apr 22, 2024. The portfolio has not yet recovered.
The current YieldMax TSLA Option Income Strategy ETF drawdown is 3.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.63% | Jul 19, 2023 | 192 | Apr 22, 2024 | — | — | — |
| -38.81% | Dec 5, 2022 | 16 | Dec 27, 2022 | 113 | Jun 9, 2023 | 129 |
| -10.03% | Jun 21, 2023 | 4 | Jun 26, 2023 | 5 | Jul 3, 2023 | 9 |
| -2.76% | Jul 6, 2023 | 4 | Jul 11, 2023 | 2 | Jul 13, 2023 | 6 |
| -0.77% | Nov 29, 2022 | 1 | Nov 29, 2022 | 1 | Nov 30, 2022 | 2 |
Volatility
Volatility Chart
The current YieldMax TSLA Option Income Strategy ETF volatility is 20.58%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.