BRKW vs. TSMY

Last updated Aug 4, 2026

BRKW (Roundhill BRKB WeeklyPay ETF) and TSMY (YieldMax TSM Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, BRKW returned 5.95% vs 60.96% for TSMY. Their -0.22 correlation means they have often moved in opposite directions in the past. BRKW charges 0.99%/yr vs 1.01%/yr for TSMY.

Performance

BRKW vs. TSMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill BRKB WeeklyPay ETF (BRKW) and YieldMax TSM Option Income Strategy ETF (TSMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRKW achieves a 0.16% return, which is significantly lower than TSMY's 30.73% return.

BRKW

• 1D: 0.41%
• 1M: 0.93%
• 6M: 4.17%
• YTD: 0.16%
• 1Y: 5.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.79%

TSMY

• 1D: 0.20%
• 1M: -4.03%
• 6M: 18.90%
• YTD: 30.73%
• 1Y: 60.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 42.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRKW Roundhill BRKB WeeklyPay ETF	$143.27K	$155.39K	$128.47K
TSMY YieldMax TSM Option Income Strategy ETF	$2.03M	$3.02M	$3.01M

BRKW vs. TSMY - Yearly Performance Comparison

	2026 (YTD)	2025
BRKW Roundhill BRKB WeeklyPay ETF	0.16%	1.85%
TSMY YieldMax TSM Option Income Strategy ETF	30.73%	33.06%

Correlation

The correlation between BRKW and TSMY is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.25
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	-0.22

Return for Risk

BRKW vs. TSMY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BRKW

BRKW Risk / Return Rank: 18
BRKW Sharpe Ratio Rank: 19
BRKW Sortino Ratio Rank: 18
BRKW Omega Ratio Rank: 18
BRKW Calmar Ratio Rank: 19
BRKW Martin Ratio Rank: 17

TSMY

TSMY Risk / Return Rank: 78
TSMY Sharpe Ratio Rank: 77
TSMY Sortino Ratio Rank: 73
TSMY Omega Ratio Rank: 72
TSMY Calmar Ratio Rank: 86
TSMY Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BRKW vs. TSMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill BRKB WeeklyPay ETF (BRKW) and YieldMax TSM Option Income Strategy ETF (TSMY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRKW	TSMY	Difference
Sharpe ratio: Return per unit of total volatility	0.34	1.82	-1.48
Sortino ratio: Return per unit of downside risk	0.59	2.42	-1.82
Omega ratio: Gain probability vs. loss probability	1.07	1.31	-0.24
Calmar ratio: Return relative to maximum drawdown	0.47	3.43	-2.96
Martin ratio: Return relative to average drawdown	0.93	11.39	-10.46

BRKW vs. TSMY - Sharpe Ratio Comparison

The current BRKW Sharpe Ratio is 0.34, which is lower than the TSMY Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of BRKW and TSMY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BRKW vs. TSMY - Drawdown Comparison

The maximum BRKW drawdown since its inception was -12.64%, smaller than the maximum TSMY drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for BRKW and TSMY.

Drawdown Indicators

	BRKW	TSMY	Difference
Max Drawdown Largest peak-to-trough decline	-12.64%	-31.15%	+18.51%
Max Drawdown (1Y) Largest decline over 1 year	-12.64%	-17.86%	+5.22%
Current Drawdown Current decline from peak	-3.03%	-11.49%	+8.46%
Average Drawdown Average peak-to-trough decline	-5.51%	-5.65%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.41%	5.37%	+1.04%

Volatility

BRKW vs. TSMY - Volatility Comparison

The current volatility for Roundhill BRKB WeeklyPay ETF (BRKW) is 5.10%, while YieldMax TSM Option Income Strategy ETF (TSMY) has a volatility of 11.84%. This indicates that BRKW experiences smaller price fluctuations and is considered to be less risky than TSMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRKW	TSMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.10%	11.84%	-6.74%
Volatility (6M) Calculated over the trailing 6-month period	13.30%	27.82%	-14.52%
Volatility (1Y) Calculated over the trailing 1-year period	17.58%	33.74%	-16.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.30%	34.61%	-17.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.30%	34.61%	-17.31%

BRKW vs. TSMY - Expense Ratio Comparison

BRKW has a 0.99% expense ratio, which is lower than TSMY's 1.01% expense ratio.

Dividends

BRKW vs. TSMY - Dividend Comparison

BRKW's dividend yield for the trailing twelve months is around 23.21%, less than TSMY's 58.19% yield.

Position	TTM	2025	2024
BRKW Roundhill BRKB WeeklyPay ETF	23.21%	14.45%	0.00%
TSMY YieldMax TSM Option Income Strategy ETF	58.19%	56.76%	13.71%

Frequently Asked Questions

Can I hold both BRKW and TSMY in my portfolio?

BRKW and TSMY have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRKW or TSMY?

TSMY has higher volatility (11.84%) compared to BRKW (5.10%). In terms of maximum drawdown, BRKW dropped -12.64% vs TSMY's -31.15%.

Which ETF is better, BRKW or TSMY?

On 1-year performance, TSMY leads with 60.96% vs 5.95% for BRKW. On fees, BRKW is cheaper at 0.99% per year. On volatility, BRKW has been the lower-risk option at 5.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BRKW or TSMY?

Over the 1-year period, TSMY has performed better with a 60.96% return vs 5.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BRKW or TSMY?

BRKW is cheaper with a 0.99% expense ratio, compared with 1.01% for TSMY.

Which ETF pays a higher dividend yield, BRKW or TSMY?

TSMY has the higher dividend yield at 58.19%, compared with 23.21% for BRKW.

What is the main difference between BRKW and TSMY?

They also come from different issuers: Roundhill and YieldMax. Their fees differ too: 0.99% for BRKW and 1.01% for TSMY.

Which has better risk-adjusted returns?

TSMY currently has the higher Sharpe Ratio (1.82 vs 0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.