AIYY vs. TSLY
Compare and contrast key facts about YieldMax AI Option Income Strategy ETF (AIYY) and YieldMax TSLA Option Income Strategy ETF (TSLY).
AIYY and TSLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIYY is an actively managed fund by YieldMax. It was launched on Nov 27, 2023. TSLY is an actively managed fund by Tidal. It was launched on Nov 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIYY or TSLY.
Key characteristics
| AIYY | TSLY | |
|---|---|---|
| YTD Return | -30.65% | -12.48% |
| Daily Std Dev | 41.73% | 41.83% |
| Max Drawdown | -38.33% | -45.63% |
| Current Drawdown | -35.23% | -27.60% |
Correlation
The correlation between AIYY and TSLY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AIYY vs. TSLY - Performance Comparison
In the year-to-date period, AIYY achieves a -30.65% return, which is significantly lower than TSLY's -12.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AIYY vs. TSLY - Expense Ratio Comparison
Both AIYY and TSLY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AIYY vs. TSLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AI Option Income Strategy ETF (AIYY) and YieldMax TSLA Option Income Strategy ETF (TSLY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
AIYY vs. TSLY - Dividend Comparison
AIYY's dividend yield for the trailing twelve months is around 66.03%, less than TSLY's 84.54% yield.
| TTM | 2023 | |
|---|---|---|
AIYY YieldMax AI Option Income Strategy ETF | 66.03% | 0.00% |
TSLY YieldMax TSLA Option Income Strategy ETF | 84.54% | 76.47% |
Drawdowns
AIYY vs. TSLY - Drawdown Comparison
The maximum AIYY drawdown since its inception was -38.33%, smaller than the maximum TSLY drawdown of -45.63%. Use the drawdown chart below to compare losses from any high point for AIYY and TSLY. For additional features, visit the drawdowns tool.
Volatility
AIYY vs. TSLY - Volatility Comparison
The current volatility for YieldMax AI Option Income Strategy ETF (AIYY) is 11.86%, while YieldMax TSLA Option Income Strategy ETF (TSLY) has a volatility of 12.77%. This indicates that AIYY experiences smaller price fluctuations and is considered to be less risky than TSLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.