TEST vs. FINY

Last updated Jul 17, 2026

TEST (YieldMax TSLA Performance & Distribution Target 25 ETF) and FINY (GraniteShares YieldBOOST Financials ETF) are both Derivative Income funds. Both are actively managed. At a 0.01 correlation, their price movements are largely independent. TEST charges 1.01%/yr vs 1.07%/yr for FINY.

Performance

TEST vs. FINY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax TSLA Performance & Distribution Target 25 ETF (TEST) and GraniteShares YieldBOOST Financials ETF (FINY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TEST

• 1D: -0.70%
• 1M: -1.77%
• 6M: -5.23%
• YTD: -6.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FINY

• 1D: -0.04%
• 1M: 2.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEST vs. FINY - Yearly Performance Comparison

	2026 (YTD)
TEST YieldMax TSLA Performance & Distribution Target 25 ETF	2.50%
FINY GraniteShares YieldBOOST Financials ETF	6.41%

Correlation

The correlation between TEST and FINY is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.01

Return for Risk

TEST vs. FINY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Performance & Distribution Target 25 ETF (TEST) and GraniteShares YieldBOOST Financials ETF (FINY). 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.

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

Drawdowns

TEST vs. FINY - Drawdown Comparison

The maximum TEST drawdown since its inception was -23.35%, which is greater than FINY's maximum drawdown of -1.85%. Use the drawdown chart below to compare losses from any high point for TEST and FINY.

Drawdown Indicators

	TEST	FINY	Difference
Max Drawdown Largest peak-to-trough decline	-23.35%	-1.85%	-21.50%
Current Drawdown Current decline from peak	-12.75%	-0.04%	-12.71%
Average Drawdown Average peak-to-trough decline	-10.61%	-0.10%	-10.51%

Volatility

Volatility by Period

	TEST	FINY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	34.74%	6.71%	+28.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.74%	6.71%	+28.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.74%	6.71%	+28.03%

TEST vs. FINY - Expense Ratio Comparison

TEST has a 1.01% expense ratio, which is lower than FINY's 1.07% expense ratio.

Dividends

TEST vs. FINY - Dividend Comparison

TEST's dividend yield for the trailing twelve months is around 17.54%, more than FINY's 4.70% yield.

Position	TTM	2025
FINY GraniteShares YieldBOOST Financials ETF	4.70%	0.00%
TEST YieldMax TSLA Performance & Distribution Target 25 ETF	17.54%	2.50%

Frequently Asked Questions

Can I hold both TEST and FINY in my portfolio?

TEST and FINY have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TEST or FINY?

On fees, TEST is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TEST or FINY?

TEST is cheaper with a 1.01% expense ratio, compared with 1.07% for FINY.

Which ETF pays a higher dividend yield, TEST or FINY?

TEST has the higher dividend yield at 17.54%, compared with 4.70% for FINY.

What is the main difference between TEST and FINY?

They also come from different issuers: YieldMax and GraniteShares. Their fees differ too: 1.01% for TEST and 1.07% for FINY.