PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
QQQY vs. TSLY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


QQQYTSLY
YTD Return9.72%-9.20%
1Y Return19.26%-1.32%
Sharpe Ratio1.810.12
Sortino Ratio2.100.47
Omega Ratio1.321.06
Calmar Ratio2.080.12
Martin Ratio7.430.29
Ulcer Index2.81%18.28%
Daily Std Dev11.57%43.31%
Max Drawdown-10.07%-45.63%
Current Drawdown-2.84%-24.89%

Correlation

-0.50.00.51.00.5

The correlation between QQQY and TSLY is 0.49, 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

QQQY vs. TSLY - Performance Comparison

In the year-to-date period, QQQY achieves a 9.72% return, which is significantly higher than TSLY's -9.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
17.64%
-15.48%
QQQY
TSLY

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


QQQY vs. TSLY - Expense Ratio Comparison

Both QQQY and TSLY have an expense ratio of 0.99%.


QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
Expense ratio chart for QQQY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for TSLY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

QQQY vs. TSLY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) 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.


QQQY
Sharpe ratio
The chart of Sharpe ratio for QQQY, currently valued at 1.81, compared to the broader market-2.000.002.004.006.001.81
Sortino ratio
The chart of Sortino ratio for QQQY, currently valued at 2.10, compared to the broader market0.005.0010.002.10
Omega ratio
The chart of Omega ratio for QQQY, currently valued at 1.32, compared to the broader market1.001.502.002.503.003.501.32
Calmar ratio
The chart of Calmar ratio for QQQY, currently valued at 2.08, compared to the broader market0.005.0010.0015.0020.002.08
Martin ratio
The chart of Martin ratio for QQQY, currently valued at 7.43, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.43
TSLY
Sharpe ratio
The chart of Sharpe ratio for TSLY, currently valued at 0.12, compared to the broader market-2.000.002.004.006.000.12
Sortino ratio
The chart of Sortino ratio for TSLY, currently valued at 0.47, compared to the broader market0.005.0010.000.47
Omega ratio
The chart of Omega ratio for TSLY, currently valued at 1.06, compared to the broader market1.001.502.002.503.003.501.06
Calmar ratio
The chart of Calmar ratio for TSLY, currently valued at 0.14, compared to the broader market0.005.0010.0015.0020.000.14
Martin ratio
The chart of Martin ratio for TSLY, currently valued at 0.29, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.29

QQQY vs. TSLY - Sharpe Ratio Comparison

The current QQQY Sharpe Ratio is 1.81, which is higher than the TSLY Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of QQQY and TSLY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27
1.81
0.12
QQQY
TSLY

Dividends

QQQY vs. TSLY - Dividend Comparison

QQQY's dividend yield for the trailing twelve months is around 84.27%, less than TSLY's 97.44% yield.


TTM2023
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
84.27%20.64%
TSLY
YieldMax TSLA Option Income Strategy ETF
97.44%76.47%

Drawdowns

QQQY vs. TSLY - Drawdown Comparison

The maximum QQQY drawdown since its inception was -10.07%, smaller than the maximum TSLY drawdown of -45.63%. Use the drawdown chart below to compare losses from any high point for QQQY and TSLY. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.84%
-15.48%
QQQY
TSLY

Volatility

QQQY vs. TSLY - Volatility Comparison

The current volatility for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) is 3.67%, while YieldMax TSLA Option Income Strategy ETF (TSLY) has a volatility of 17.69%. This indicates that QQQY 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.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
3.67%
17.69%
QQQY
TSLY