RGYY vs. TSMY

Last updated Jun 3, 2026

RGYY (GraniteShares YieldBOOST RGTI ETF) and TSMY (YieldMax TSM Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. RGYY charges 1.07%/yr vs 0.99%/yr for TSMY.

Performance

RGYY vs. TSMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST RGTI ETF (RGYY) 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, RGYY achieves a -24.25% return, which is significantly lower than TSMY's 38.94% return.

RGYY

• 1D: 1.16%
• 1M: 0.64%
• YTD: -24.25%
• 6M: -29.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSMY

• 1D: 1.56%
• 1M: 9.89%
• YTD: 38.94%
• 6M: 42.47%
• 1Y: 96.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RGYY vs. TSMY - Yearly Performance Comparison

	2026 (YTD)	2025
RGYY GraniteShares YieldBOOST RGTI ETF	-24.25%	-12.10%
TSMY YieldMax TSM Option Income Strategy ETF	38.94%	5.00%

Correlation

The correlation between RGYY and TSMY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025	0.29

Return for Risk

RGYY vs. TSMY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSMY

TSMY Risk / Return Rank: 90
TSMY Sharpe Ratio Rank: 92
TSMY Sortino Ratio Rank: 87
TSMY Omega Ratio Rank: 85
TSMY Calmar Ratio Rank: 92
TSMY Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RGYY vs. TSMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST RGTI ETF (RGYY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RGYY	TSMY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.70	1.60	-3.29

Drawdowns

RGYY vs. TSMY - Drawdown Comparison

The maximum RGYY drawdown since its inception was -37.05%, which is greater than TSMY's maximum drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for RGYY and TSMY.

Drawdown Indicators

	RGYY	TSMY	Difference
Max Drawdown Largest peak-to-trough decline	-37.05%	-31.15%	-5.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.50%	—
Current Drawdown Current decline from peak	-33.42%	0.00%	-33.42%
Average Drawdown Average peak-to-trough decline	-22.94%	-5.52%	-17.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.17%	—

Volatility

Volatility by Period

	RGYY	TSMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.60%	28.83%	+3.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.60%	33.23%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.60%	33.23%	-0.63%

RGYY vs. TSMY - Expense Ratio Comparison

RGYY has a 1.07% expense ratio, which is higher than TSMY's 0.99% expense ratio.

Dividends

RGYY vs. TSMY - Dividend Comparison

RGYY's dividend yield for the trailing twelve months is around 106.54%, more than TSMY's 51.48% yield.

Position	TTM	2025	2024
RGYY GraniteShares YieldBOOST RGTI ETF	106.54%	15.50%	0.00%
TSMY YieldMax TSM Option Income Strategy ETF	51.48%	56.76%	13.71%

Frequently Asked Questions

Can I hold both RGYY and TSMY in my portfolio?

RGYY and TSMY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RGYY or TSMY?

On fees, TSMY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RGYY or TSMY?

TSMY is cheaper with a 0.99% expense ratio, compared with 1.07% for RGYY.

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

RGYY has the higher dividend yield at 106.54%, compared with 51.48% for TSMY.

What is the main difference between RGYY and TSMY?

They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for RGYY and 0.99% for TSMY.