TSII vs. GOOY

Last updated Jun 13, 2026

TSII (REX TSLA Growth & Income ETF) and GOOY (YieldMax GOOGL Option Income Strategy ETF) are both exchange-traded funds - TSII is a Leveraged Equities fund actively managed by REX, while GOOY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, TSII returned 33.88% vs 81.33% for GOOY. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

TSII vs. GOOY - Performance Comparison

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

Returns By Period

In the year-to-date period, TSII achieves a -11.04% return, which is significantly lower than GOOY's 13.92% return.

TSII

• 1D: 2.02%
• 1M: -9.28%
• YTD: -11.04%
• 6M: -13.33%
• 1Y: 33.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOOY

• 1D: 0.00%
• 1M: -8.37%
• YTD: 13.92%
• 6M: 14.56%
• 1Y: 81.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSII vs. GOOY - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-11.04%	39.41%
GOOY YieldMax GOOGL Option Income Strategy ETF	13.92%	65.70%

Correlation

The correlation between TSII and GOOY is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.35

Return for Risk

TSII vs. GOOY — Risk / Return Rank

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

TSII

TSII Risk / Return Rank: 25
TSII Sharpe Ratio Rank: 25
TSII Sortino Ratio Rank: 26
TSII Omega Ratio Rank: 25
TSII Calmar Ratio Rank: 28
TSII Martin Ratio Rank: 24

GOOY

GOOY Risk / Return Rank: 93
GOOY Sharpe Ratio Rank: 96
GOOY Sortino Ratio Rank: 95
GOOY Omega Ratio Rank: 94
GOOY Calmar Ratio Rank: 91
GOOY Martin Ratio Rank: 91

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. GOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) and YieldMax GOOGL Option Income Strategy ETF (GOOY). 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	GOOY	Difference
Sharpe ratio: Return per unit of total volatility	0.77	3.51	-2.74
Sortino ratio: Return per unit of downside risk	1.27	4.76	-3.49
Omega ratio: Gain probability vs. loss probability	1.15	1.60	-0.44
Calmar ratio: Return relative to maximum drawdown	1.17	5.06	-3.89
Martin ratio: Return relative to average drawdown	2.72	18.64	-15.93

TSII vs. GOOY - Sharpe Ratio Comparison

The current TSII Sharpe Ratio is 0.77, which is lower than the GOOY Sharpe Ratio of 3.51. The chart below compares the historical Sharpe Ratios of TSII and GOOY, 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. GOOY - Drawdown Comparison

The maximum TSII drawdown since its inception was -29.03%, which is greater than GOOY's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for TSII and GOOY.

Drawdown Indicators

	TSII	GOOY	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-24.40%	-4.63%
Max Drawdown (1Y) Largest decline over 1 year	-29.03%	-16.15%	-12.88%
Current Drawdown Current decline from peak	-18.71%	-8.37%	-10.34%
Average Drawdown Average peak-to-trough decline	-9.70%	-6.27%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.51%	4.38%	+8.13%

Volatility

TSII vs. GOOY - Volatility Comparison

REX TSLA Growth & Income ETF (TSII) has a higher volatility of 16.10% compared to YieldMax GOOGL Option Income Strategy ETF (GOOY) at 6.21%. This indicates that TSII's price experiences larger fluctuations and is considered to be riskier than GOOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSII	GOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.10%	6.21%	+9.89%
Volatility (6M) Calculated over the trailing 6-month period	29.70%	17.39%	+12.31%
Volatility (1Y) Calculated over the trailing 1-year period	44.04%	23.33%	+20.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.99%	23.29%	+23.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.99%	23.29%	+23.70%

TSII vs. GOOY - Expense Ratio Comparison

Both TSII and GOOY have an expense ratio of 0.99%.

Dividends

TSII vs. GOOY - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 75.64%, more than GOOY's 49.78% yield.

Position	TTM	2025	2024	2023
GOOY YieldMax GOOGL Option Income Strategy ETF	49.78%	41.50%	36.74%	7.90%
TSII REX TSLA Growth & Income ETF	75.64%	32.17%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSII and GOOY in my portfolio?

TSII and GOOY have a correlation of 0.35, 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 GOOY?

TSII has higher volatility (16.10%) compared to GOOY (6.21%). In terms of maximum drawdown, TSII dropped -29.03% vs GOOY's -24.40%.

Which ETF is better, TSII or GOOY?

On 1-year performance, GOOY leads with 81.33% vs 33.88% for TSII. Both ETFs have the same 0.99% expense ratio. On volatility, GOOY has been the lower-risk option at 6.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSII or GOOY?

Over the 1-year period, GOOY has performed better with a 81.33% return vs 33.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSII or GOOY?

TSII and GOOY have the same expense ratio: 0.99% per year.

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

TSII has the higher dividend yield at 75.64%, compared with 49.78% for GOOY.

What is the main difference between TSII and GOOY?

TSII is categorized as Leveraged Equities, while GOOY is Derivative Income. They also come from different issuers: REX and YieldMax.

Which has better risk-adjusted returns?

GOOY currently has the higher Sharpe Ratio (3.51 vs 0.77), 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.