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Harvest Tesla Enhanced High Income Shares ETF (TSLY.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 16, 2026

The ETF invests in Tesla shares and employs an active covered call writing strategy on up to 50% of the portfolio, combined with approximately 25% leverage, to generate high monthly cash distributions and enhance growth potential.

Harvest Tesla Enhanced High Income Shares ETF (TSLY.TO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TSLY.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TSLY.TO

TSLY.TO charges 0.40% annually. There are 6 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.29%.

SymbolNameExpense RatioAUMInception
ECHI.TO
Ninepoint Enhanced Canadian HighShares ETF0.29%—Aug 2025TSLY.TO vs ECHI.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.29%169.56MNov 2025TSLY.TO vs EQLI.TO
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...0.35%224.00MSep 2024TSLY.TO vs HBIL.TO
JEPI.TO
JPMorgan US Equity Premium Income Active ETF0.35%—Sep 2024TSLY.TO vs JEPI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF0.35%136.22MSep 2024TSLY.TO vs JEPQ.TO

Best Risk-Adjusted Alternatives to TSLY.TO

TSLY.TO has a PortfoliosLab risk / return rank of 30. There are 72 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

SymbolNameRisk / Return RankAUMInception
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
98
180.28MJun 2022TSLY.TO vs HLIF.TO
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
98
—Feb 2022TSLY.TO vs CBNK.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
98
1.26BFeb 2022TSLY.TO vs BANK.TO
ZWB.TO
BMO Covered Call Canadian Banks ETF
98
4.84BJan 2011TSLY.TO vs ZWB.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
97
198.10MJul 2023TSLY.TO vs BKCL.TO

Top Performing TSLY.TO Alternatives (YTD)

TSLY.TO is at -8.48% YTD. There are 86 ETFs in the Derivative Income category with higher YTD returns, going as high as 49.92%.

SymbolNameYTD ReturnAUMInception
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
49.92%
—Feb 2022TSLY.TO vs CBNK.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...
34.83%
271.10MOct 2023TSLY.TO vs ENCL.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
34.25%
1.26BFeb 2022TSLY.TO vs BANK.TO
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF
33.82%
—Feb 2025TSLY.TO vs YAVG.NEO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
32.52%
198.10MJul 2023TSLY.TO vs BKCL.TO

Lowest Volatility Alternatives to TSLY.TO

TSLY.TO has 44.85% 1-year volatility. There are 94 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.76%.

SymbolNameVolatility 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...1.76%224.00MSep 2024TSLY.TO vs HBIL.TO
HBIL-U.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...1.91%—Sep 2024TSLY.TO vs HBIL-U.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...4.75%259.21MJan 2024TSLY.TO vs HPYM.TO
FCMI.TO
Fidelity Canadian Monthly High Income ETF6.39%—Jan 2020TSLY.TO vs FCMI.TO
ZPH.TO
BMO US Put Write Hedged to CAD ETF6.55%35.29MFeb 2017TSLY.TO vs ZPH.TO

Lowest Drawdown Alternatives to TSLY.TO

TSLY.TO has a 1-year max drawdown of -29.78%. There are 80 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

SymbolNameMax Drawdown 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...
-0.95%
224.00MSep 2024TSLY.TO vs HBIL.TO
HBIL-U.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...
-1.07%
—Sep 2024TSLY.TO vs HBIL-U.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
-3.09%
180.28MJun 2022TSLY.TO vs HLIF.TO
FCMI.TO
Fidelity Canadian Monthly High Income ETF
-3.62%
—Jan 2020TSLY.TO vs FCMI.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...
-3.87%
259.21MJan 2024TSLY.TO vs HPYM.TO

Other ETFs from Harvest

The 10 most viewed Harvest ETFs shown here include HHIS.TO, MSTE.TO, HDIF.TO and span 5 categories. AUM among these funds goes as high as $2B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
HHIS.TO
Harvest Diversified High Income Shares ETFDerivative Income
22
9.52%
1.87BJan 2025TSLY.TO vs HHIS.TO
MSTE.TO
Harvest Strategy Inc. Enhanced High Income Shares ...Derivative Income
1
-41.39%
297.99MMar 2025TSLY.TO vs MSTE.TO
HDIF.TO
Harvest Diversified Monthly Income ETF - Class A U...Derivative Income
74
13.08%
555.21MFeb 2022TSLY.TO vs HDIF.TO
HHIC.TO
Harvest Canadian High Income Shares ETFCanada Equities, Derivative Income—
11.79%
222.19MAug 2025TSLY.TO vs HHIC.TO
HTAE.TO
Harvest Tech Achievers Enhanced Income ETF - Class...Technology Equities
46
25.49%
112.85MOct 2022TSLY.TO vs HTAE.TO
PLTE.TO
Harvest Palantir Enhanced High Income Shares ETFDerivative Income———Jan 2025TSLY.TO vs PLTE.TO
HHL.TO
Harvest Healthcare Leaders Income ETFHealth & Biotech Equities
21
-3.60%
1.97BMar 2020TSLY.TO vs HHL.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...Derivative Income, Utilities Equities
57
12.56%
103.07MOct 2022TSLY.TO vs HUTE.TO
HTA.TO
Harvest Tech Achievers Growth & Income ETFTechnology Equities
47
20.95%
959.08MMar 2020TSLY.TO vs HTA.TO
NVHE.TO
Harvest NVIDIA Enhanced High Income Shares ETFDerivative Income
37
21.09%
268.36MAug 2024TSLY.TO vs NVHE.TO

Often Compared With TSLY.TO

Investors most often compare TSLY.TO with YTSL.NEO, TSLA, TSLY. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
YTSL.NEO
Tesla (TSLA) Yield Shares Purpose ETFDerivative Income
41
-11.34%
437.60MDec 2022TSLY.TO vs YTSL.NEO
TSLA
Tesla, Inc.
64
-12.29%
——TSLY.TO vs TSLA
TSLY
YieldMax TSLA Option Income Strategy ETFOptions Trading
28
-6.38%
784.76MNov 2022TSLY.TO vs TSLY
HBIX.NEO
Harvest Bitcoin Enhanced Income ETFLeveraged Cryptocurrency
3
-28.11%
—Apr 2025TSLY.TO vs HBIX.NEO
HBTE.NEO
Harvest Bitcoin Leaders Enhanced Income ETFLeveraged Cryptocurrency
14
12.07%
65.89MApr 2025TSLY.TO vs HBTE.NEO
TSII
REX TSLA Growth & Income ETFLeveraged Equities, Derivative Income
22
-15.02%
40.00MJun 2025TSLY.TO vs TSII
HDIV.TO
Hamilton Enhanced Canadian Covered Call ETFDerivative Income
95
19.95%
1.74BJul 2021TSLY.TO vs HDIV.TO
QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index FundNasdaq-100, Derivative Income
58
16.30%
135.03MOct 2025TSLY.TO vs QQQY.TO
YCST.NEO
Costco (COST) Yield Shares Purpose ETFDerivative Income
7
7.13%
—Feb 2025TSLY.TO vs YCST.NEO
AMHE.TO
Harvest Amazon Enhanced High Income Shares ETF - C...Leveraged Equities
19
12.32%
—Aug 2024TSLY.TO vs AMHE.TO
AVGY.TO
Harvest Broadcom Enhanced High Income Shares ETF -...Derivative Income
38
20.39%
—Mar 2025TSLY.TO vs AVGY.TO
LLHE.TO
Harvest Eli Lilly Enhanced High Income Shares ETF ...Derivative Income
47
13.04%
245.74MAug 2024TSLY.TO vs LLHE.TO
DXQ.TO
Dynamic Active Enhanced Yield Covered Options ETFDerivative Income
68
8.37%
—Sep 2022TSLY.TO vs DXQ.TO
CNQE.TO
Harvest CNQ Enhanced High Income Shares ETFDerivative Income—
26.68%
—Aug 2025TSLY.TO vs CNQE.TO
HUTL.TO
Harvest Equal Weight Global Utilities Income ETFUtilities Equities
60
10.65%
538.42MJan 2019TSLY.TO vs HUTL.TO
CRCY.TO
Harvest Circle Enhanced High Income Shares ETF Cla...Derivative Income—
-28.28%
—Sep 2025TSLY.TO vs CRCY.TO
CNYE.TO
Harvest Coinbase Enhanced High Income Shares ETFDerivative Income
3
-27.01%
—Mar 2025TSLY.TO vs CNYE.TO
HPYT.TO
Harvest Premium Yield Treasury ETF ADerivative Income
15
-1.33%
360.54MMay 2024TSLY.TO vs HPYT.TO
HVOI.TO
Harvest Low Volatility Canadian Equity Income ETF ...Canada Equities
83
10.64%
—Apr 2025TSLY.TO vs HVOI.TO
TBIL.TO
Harvest Canadian T-Bill ETFMoney Market———Jan 2024TSLY.TO vs TBIL.TO

Compare TSLY.TO with Any Fund or Stock

Compare TSLY.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair TSLY.TO with funds that move differently

Harvest Tesla Enhanced High Income Shares ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TSLY.TO.

Explore TSLY.TO Diversifiers