COYY vs. TSYY

Last updated Aug 2, 2026

COYY (GraniteShares YieldBOOST COIN ETF) and TSYY (GraniteShares YieldBOOST TSLA ETF) are both Derivative Income funds from GraniteShares. Both are actively managed. Over the past year, COYY returned -56.54% vs -9.90% for TSYY. Their 0.39 correlation means their historical movements had little consistent relationship. COYY charges 1.07%/yr vs 1.15%/yr for TSYY.

Performance

COYY vs. TSYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST COIN ETF (COYY) and GraniteShares YieldBOOST TSLA ETF (TSYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COYY achieves a -32.55% return, which is significantly lower than TSYY's -23.02% return.

COYY

• 1D: -3.58%
• 1M: -1.27%
• 6M: -19.84%
• YTD: -32.55%
• 1Y: -56.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -59.38%

TSYY

• 1D: 0.67%
• 1M: -6.99%
• 6M: -22.45%
• YTD: -23.02%
• 1Y: -9.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -25.20%

*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)
COYY GraniteShares YieldBOOST COIN ETF	$328.65K	$310.41K	$590.67K
TSYY GraniteShares YieldBOOST TSLA ETF	$760.06K	$828.41K	$1.81M

COYY vs. TSYY - Yearly Performance Comparison

	2026 (YTD)	2025
COYY GraniteShares YieldBOOST COIN ETF	-32.55%	-40.04%
TSYY GraniteShares YieldBOOST TSLA ETF	-23.02%	9.59%

Correlation

The correlation between COYY and TSYY is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.41
Correlation (All Time) Calculated using the full available price history since Jul 29, 2025	0.39

Return for Risk

COYY vs. TSYY — Risk / Return Rank

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

COYY

COYY Risk / Return Rank: 0
COYY Sharpe Ratio Rank: 0
COYY Sortino Ratio Rank: 0
COYY Omega Ratio Rank: 0
COYY Calmar Ratio Rank: 0
COYY Martin Ratio Rank: 1

TSYY

TSYY Risk / Return Rank: 6
TSYY Sharpe Ratio Rank: 6
TSYY Sortino Ratio Rank: 6
TSYY Omega Ratio Rank: 6
TSYY Calmar Ratio Rank: 6
TSYY Martin Ratio Rank: 6

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.

COYY vs. TSYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST COIN ETF (COYY) and GraniteShares YieldBOOST TSLA ETF (TSYY). 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.

	COYY	TSYY	Difference
Sharpe ratio: Return per unit of total volatility	-1.77	-0.43	-1.34
Sortino ratio: Return per unit of downside risk	-3.10	-0.40	-2.69
Omega ratio: Gain probability vs. loss probability	0.63	0.95	-0.32
Calmar ratio: Return relative to maximum drawdown	-1.01	-0.38	-0.63
Martin ratio: Return relative to average drawdown	-1.42	-0.70	-0.73

COYY vs. TSYY - Sharpe Ratio Comparison

The current COYY Sharpe Ratio is -1.77, which is lower than the TSYY Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of COYY and TSYY, 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

COYY vs. TSYY - Drawdown Comparison

The maximum COYY drawdown since its inception was -60.85%, which is greater than TSYY's maximum drawdown of -42.66%. Use the drawdown chart below to compare losses from any high point for COYY and TSYY.

Drawdown Indicators

	COYY	TSYY	Difference
Max Drawdown Largest peak-to-trough decline	-60.85%	-42.66%	-18.19%
Max Drawdown (1Y) Largest decline over 1 year	-59.62%	-33.02%	-26.60%
Current Drawdown Current decline from peak	-60.29%	-41.57%	-18.72%
Average Drawdown Average peak-to-trough decline	-38.89%	-27.05%	-11.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.81%	18.04%	+25.77%

Volatility

COYY vs. TSYY - Volatility Comparison

The current volatility for GraniteShares YieldBOOST COIN ETF (COYY) is 5.36%, while GraniteShares YieldBOOST TSLA ETF (TSYY) has a volatility of 6.96%. This indicates that COYY experiences smaller price fluctuations and is considered to be less risky than TSYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COYY	TSYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.36%	6.96%	-1.60%
Volatility (6M) Calculated over the trailing 6-month period	18.43%	17.02%	+1.41%
Volatility (1Y) Calculated over the trailing 1-year period	34.16%	29.54%	+4.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.10%	36.41%	-2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.10%	36.41%	-2.31%

COYY vs. TSYY - Expense Ratio Comparison

COYY has a 1.07% expense ratio, which is lower than TSYY's 1.15% expense ratio.

Dividends

COYY vs. TSYY - Dividend Comparison

COYY's dividend yield for the trailing twelve months is around 472.52%, more than TSYY's 256.16% yield.

Position	TTM	2025	2024
COYY GraniteShares YieldBOOST COIN ETF	442.76%	132.14%	0.00%
TSYY GraniteShares YieldBOOST TSLA ETF	246.79%	256.64%	0.19%

Frequently Asked Questions

Can I hold both COYY and TSYY in my portfolio?

COYY and TSYY have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COYY or TSYY?

TSYY has higher volatility (6.96%) compared to COYY (5.36%). In terms of maximum drawdown, COYY dropped -60.85% vs TSYY's -42.66%.

Which ETF is better, COYY or TSYY?

On 1-year performance, TSYY leads with -9.90% vs -56.54% for COYY. On fees, COYY is cheaper at 1.07% per year. On volatility, COYY has been the lower-risk option at 5.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COYY or TSYY?

Over the 1-year period, TSYY has performed better with a -9.90% return vs -56.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COYY or TSYY?

COYY is cheaper with a 1.07% expense ratio, compared with 1.15% for TSYY.

Which ETF pays a higher dividend yield, COYY or TSYY?

COYY has the higher dividend yield at 442.76%, compared with 246.79% for TSYY.

What is the main difference between COYY and TSYY?

Their fees differ too: 1.07% for COYY and 1.15% for TSYY.

Which has better risk-adjusted returns?

TSYY currently has the higher Sharpe Ratio (-0.43 vs -1.77), 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.