T vs. TSLY

Last updated Jun 9, 2026

T (AT&T Inc.) is a stock, while TSLY (YieldMax TSLA Option Income Strategy ETF) is Options Trading fund actively managed by YieldMax. Over the past 3 years, T returned 18.39%/yr vs 11.84%/yr for TSLY. At a correlation of -0.02, they often move in opposite directions.

Performance

T vs. TSLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. (T) and YieldMax TSLA Option Income Strategy ETF (TSLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, T achieves a -7.40% return, which is significantly lower than TSLY's -4.80% return.

T

• 1D: -1.10%
• 1M: -10.57%
• YTD: -7.40%
• 6M: -7.40%
• 1Y: -16.38%
• 3Y*: 18.39%
• 5Y*: 6.60%
• 10Y*: 2.86%

TSLY

• 1D: 4.18%
• 1M: -3.87%
• YTD: -4.80%
• 6M: -2.72%
• 1Y: 38.89%
• 3Y*: 11.84%
• 5Y*: —
• 10Y*: —

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

T vs. TSLY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
T AT&T Inc.	-7.40%	13.97%	44.08%	-2.74%	-3.11%
TSLY YieldMax TSLA Option Income Strategy ETF	-4.80%	13.62%	27.83%	50.69%	-27.09%

Correlation

The correlation between T and TSLY is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Nov 23, 2022	-0.02

The correlation between T and TSLY shifts across timeframes, from -0.16 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

T vs. TSLY — Risk / Return Rank

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

T

T Risk / Return Rank: 11
T Sharpe Ratio Rank: 11
T Sortino Ratio Rank: 12
T Omega Ratio Rank: 13
T Calmar Ratio Rank: 14
T Martin Ratio Rank: 4

TSLY

TSLY Risk / Return Rank: 34
TSLY Sharpe Ratio Rank: 33
TSLY Sortino Ratio Rank: 33
TSLY Omega Ratio Rank: 32
TSLY Calmar Ratio Rank: 40
TSLY Martin Ratio Rank: 32

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.

T vs. TSLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) 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.

	T	TSLY	Difference
Sharpe ratio: Return per unit of total volatility	-0.75	1.09	-1.84
Sortino ratio: Return per unit of downside risk	-0.98	1.60	-2.58
Omega ratio: Gain probability vs. loss probability	0.89	1.19	-0.31
Calmar ratio: Return relative to maximum drawdown	-0.75	1.81	-2.56
Martin ratio: Return relative to average drawdown	-1.59	4.37	-5.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

T vs. TSLY - Sharpe Ratio Comparison

The current T Sharpe Ratio is -0.75, which is lower than the TSLY Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of T and TSLY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	T	TSLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.75	1.09	-1.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.28	+0.10

Drawdowns

T vs. TSLY - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, which is greater than TSLY's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for T and TSLY.

Drawdown Indicators

	T	TSLY	Difference
Max Drawdown Largest peak-to-trough decline	-64.15%	-49.52%	-14.63%
Max Drawdown (1Y) Largest decline over 1 year	-21.87%	-21.64%	-0.23%
Max Drawdown (3Y) Largest decline over 3 years	-21.87%	-49.52%	+27.65%
Max Drawdown (5Y) Largest decline over 5 years	-32.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	—	—
Current Drawdown Current decline from peak	-21.87%	-10.98%	-10.89%
Average Drawdown Average peak-to-trough decline	-15.72%	-19.97%	+4.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.34%	8.93%	+1.41%

Volatility

T vs. TSLY - Volatility Comparison

The current volatility for AT&T Inc. (T) is 7.50%, while YieldMax TSLA Option Income Strategy ETF (TSLY) has a volatility of 12.39%. This indicates that T 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.

Volatility by Period

	T	TSLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.50%	12.39%	-4.89%
Volatility (6M) Calculated over the trailing 6-month period	17.57%	23.46%	-5.89%
Volatility (1Y) Calculated over the trailing 1-year period	21.98%	35.88%	-13.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.97%	45.60%	-21.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.71%	45.60%	-21.89%

Dividends

T vs. TSLY - Dividend Comparison

T's dividend yield for the trailing twelve months is around 4.93%, less than TSLY's 88.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
T AT&T Inc.	4.93%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%
TSLY YieldMax TSLA Option Income Strategy ETF	88.79%	91.19%	82.30%	76.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both T and TSLY in my portfolio?

T and TSLY have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, T or TSLY?

TSLY has higher volatility (12.39%) compared to T (7.50%). In terms of maximum drawdown, T dropped -64.15% vs TSLY's -49.52%.

Which has better risk-adjusted returns?

TSLY currently has the higher Sharpe Ratio (1.09 vs -0.75), 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.