TSII vs. TSLW

Last updated Jun 24, 2026

TSII (REX TSLA Growth & Income ETF) and TSLW (Roundhill TSLA WeeklyPay™ ETF) are both exchange-traded funds - TSII is a Leveraged Equities fund actively managed by REX, while TSLW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, TSII returned 14.16% vs 4.70% for TSLW. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.99% expense ratio.

Performance

TSII vs. TSLW - Performance Comparison

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

Returns By Period

In the year-to-date period, TSII achieves a -17.18% return, which is significantly higher than TSLW's -20.26% return.

TSII

• 1D: -8.05%
• 1M: -11.96%
• YTD: -17.18%
• 6M: -23.93%
• 1Y: 14.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLW

• 1D: -7.13%
• 1M: -12.88%
• YTD: -20.26%
• 6M: -27.32%
• 1Y: 4.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSII vs. TSLW - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-17.18%	39.41%
TSLW Roundhill TSLA WeeklyPay™ ETF	-20.26%	32.50%

Correlation

The correlation between TSII and TSLW is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.99

The correlation between TSII and TSLW has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

TSII vs. TSLW — Risk / Return Rank

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

TSII

TSII Risk / Return Rank: 14
TSII Sharpe Ratio Rank: 13
TSII Sortino Ratio Rank: 14
TSII Omega Ratio Rank: 14
TSII Calmar Ratio Rank: 14
TSII Martin Ratio Rank: 14

TSLW

TSLW Risk / Return Rank: 10
TSLW Sharpe Ratio Rank: 10
TSLW Sortino Ratio Rank: 12
TSLW Omega Ratio Rank: 11
TSLW Calmar Ratio Rank: 10
TSLW Martin Ratio Rank: 10

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. TSLW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) and Roundhill TSLA WeeklyPay™ ETF (TSLW). 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	TSLW	Difference
Sharpe ratio: Return per unit of total volatility	0.32	0.09	+0.23
Sortino ratio: Return per unit of downside risk	0.73	0.50	+0.23
Omega ratio: Gain probability vs. loss probability	1.09	1.06	+0.03
Calmar ratio: Return relative to maximum drawdown	0.49	0.13	+0.36
Martin ratio: Return relative to average drawdown	1.10	0.29	+0.82

TSII vs. TSLW - Sharpe Ratio Comparison

The current TSII Sharpe Ratio is 0.32, which is higher than the TSLW Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of TSII and TSLW, 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. TSLW - Drawdown Comparison

The maximum TSII drawdown since its inception was -29.03%, smaller than the maximum TSLW drawdown of -35.80%. Use the drawdown chart below to compare losses from any high point for TSII and TSLW.

Drawdown Indicators

	TSII	TSLW	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-35.80%	+6.77%
Max Drawdown (1Y) Largest decline over 1 year	-29.03%	-35.80%	+6.77%
Current Drawdown Current decline from peak	-24.32%	-28.14%	+3.82%
Average Drawdown Average peak-to-trough decline	-9.92%	-13.36%	+3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.86%	16.51%	-3.65%

Volatility

TSII vs. TSLW - Volatility Comparison

REX TSLA Growth & Income ETF (TSII) and Roundhill TSLA WeeklyPay™ ETF (TSLW) have volatilities of 16.81% and 17.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSII	TSLW	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.81%	17.21%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	30.34%	34.09%	-3.75%
Volatility (1Y) Calculated over the trailing 1-year period	44.60%	53.51%	-8.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.24%	56.04%	-8.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.24%	56.04%	-8.80%

TSII vs. TSLW - Expense Ratio Comparison

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

Dividends

TSII vs. TSLW - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 81.88%, less than TSLW's 96.06% yield.

Position	TTM	2025
TSII REX TSLA Growth & Income ETF	81.88%	32.17%
TSLW Roundhill TSLA WeeklyPay™ ETF	96.06%	49.31%

Frequently Asked Questions

Can I hold both TSII and TSLW in my portfolio?

With a correlation of 0.99, TSII and TSLW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TSII or TSLW?

TSLW has higher volatility (17.21%) compared to TSII (16.81%). In terms of maximum drawdown, TSII dropped -29.03% vs TSLW's -35.80%.

Which ETF is better, TSII or TSLW?

On 1-year performance, TSII leads with 14.16% vs 4.70% for TSLW. Both ETFs have the same 0.99% expense ratio. On volatility, TSII has been the lower-risk option at 16.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSII or TSLW?

Over the 1-year period, TSII has performed better with a 14.16% return vs 4.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSII or TSLW?

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

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

TSLW has the higher dividend yield at 96.06%, compared with 81.88% for TSII.

What is the main difference between TSII and TSLW?

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

Which has better risk-adjusted returns?

TSII currently has the higher Sharpe Ratio (0.32 vs 0.09), 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.