TSII vs. FLYU

Last updated Jul 14, 2026

TSII (REX TSLA Growth & Income ETF) and FLYU (MicroSectors Travel 3X Leveraged ETNs) are both Leveraged Equities funds from REX. TSII is actively managed, while FLYU is passively managed. Over the past year, TSII returned 24.83% vs -20.87% for FLYU. At a 0.32 correlation, their price movements are largely independent. TSII charges 0.99%/yr vs 0.95%/yr for FLYU.

Performance

TSII vs. FLYU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX TSLA Growth & Income ETF (TSII) and MicroSectors Travel 3X Leveraged ETNs (FLYU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TSII having a -15.31% return and FLYU slightly lower at -15.58%.

TSII

• 1D: -3.38%
• 1M: -4.80%
• 6M: -15.35%
• YTD: -15.31%
• 1Y: 24.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLYU

• 1D: -4.41%
• 1M: 3.14%
• 6M: -21.69%
• YTD: -15.58%
• 1Y: -20.87%
• 3Y*: 1.34%
• 5Y*: —
• 10Y*: —

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

TSII vs. FLYU - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-15.31%	39.41%
FLYU MicroSectors Travel 3X Leveraged ETNs	-15.58%	26.17%

Correlation

The correlation between TSII and FLYU is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.32

Return for Risk

TSII vs. FLYU — Risk / Return Rank

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

TSII

TSII Risk / Return Rank: 21
TSII Sharpe Ratio Rank: 21
TSII Sortino Ratio Rank: 22
TSII Omega Ratio Rank: 21
TSII Calmar Ratio Rank: 23
TSII Martin Ratio Rank: 20

FLYU

FLYU Risk / Return Rank: 7
FLYU Sharpe Ratio Rank: 7
FLYU Sortino Ratio Rank: 9
FLYU Omega Ratio Rank: 8
FLYU Calmar Ratio Rank: 6
FLYU Martin Ratio Rank: 5

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.

TSII vs. FLYU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) and MicroSectors Travel 3X Leveraged ETNs (FLYU). 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.

	TSII	FLYU	Difference
Sharpe ratio: Return per unit of total volatility	0.56	-0.28	+0.84
Sortino ratio: Return per unit of downside risk	1.03	0.08	+0.95
Omega ratio: Gain probability vs. loss probability	1.12	1.01	+0.11
Calmar ratio: Return relative to maximum drawdown	0.86	-0.40	+1.26
Martin ratio: Return relative to average drawdown	1.83	-0.82	+2.65

TSII vs. FLYU - Sharpe Ratio Comparison

The current TSII Sharpe Ratio is 0.56, which is higher than the FLYU Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of TSII and FLYU, 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

TSII vs. FLYU - Drawdown Comparison

The maximum TSII drawdown since its inception was -29.03%, smaller than the maximum FLYU drawdown of -69.00%. Use the drawdown chart below to compare losses from any high point for TSII and FLYU.

Drawdown Indicators

	TSII	FLYU	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-69.00%	+39.97%
Max Drawdown (1Y) Largest decline over 1 year	-29.03%	-52.33%	+23.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-69.00%	—
Current Drawdown Current decline from peak	-22.60%	-33.03%	+10.43%
Average Drawdown Average peak-to-trough decline	-10.43%	-26.55%	+16.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.58%	25.61%	-12.03%

Volatility

TSII vs. FLYU - Volatility Comparison

The current volatility for REX TSLA Growth & Income ETF (TSII) is 18.14%, while MicroSectors Travel 3X Leveraged ETNs (FLYU) has a volatility of 23.31%. This indicates that TSII experiences smaller price fluctuations and is considered to be less risky than FLYU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSII	FLYU	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.14%	23.31%	-5.17%
Volatility (6M) Calculated over the trailing 6-month period	32.45%	61.10%	-28.65%
Volatility (1Y) Calculated over the trailing 1-year period	44.49%	74.61%	-30.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.08%	83.06%	-34.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.08%	83.06%	-34.98%

TSII vs. FLYU - Expense Ratio Comparison

TSII has a 0.99% expense ratio, which is higher than FLYU's 0.95% expense ratio.

Dividends

TSII vs. FLYU - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 81.05%, while FLYU has not paid dividends to shareholders.

Position	TTM	2025
FLYU MicroSectors Travel 3X Leveraged ETNs	0.00%	0.00%
TSII REX TSLA Growth & Income ETF	81.05%	32.17%

Frequently Asked Questions

Can I hold both TSII and FLYU in my portfolio?

TSII and FLYU have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSII or FLYU?

FLYU has higher volatility (23.31%) compared to TSII (18.14%). In terms of maximum drawdown, TSII dropped -29.03% vs FLYU's -69.00%.

Which ETF is better, TSII or FLYU?

On 1-year performance, TSII leads with 24.83% vs -20.87% for FLYU. On fees, FLYU is cheaper at 0.95% per year. On volatility, TSII has been the lower-risk option at 18.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSII or FLYU?

Over the 1-year period, TSII has performed better with a 24.83% return vs -20.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSII or FLYU?

FLYU is cheaper with a 0.95% expense ratio, compared with 0.99% for TSII.

Which ETF pays a higher dividend yield, TSII or FLYU?

TSII has the higher dividend yield at 81.05%, compared with 0.00% for FLYU.

What is the main difference between TSII and FLYU?

Their fees differ too: 0.99% for TSII and 0.95% for FLYU.

Which has better risk-adjusted returns?

TSII currently has the higher Sharpe Ratio (0.56 vs -0.28), 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.