TSII vs. USOY

Last updated Jun 4, 2026

TSII (REX TSLA Growth & Income ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - TSII is a Leveraged Equities fund actively managed by REX, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. At a correlation of -0.15, they often move in opposite directions. TSII charges 0.99%/yr vs 1.22%/yr for USOY.

Performance

TSII vs. USOY - Performance Comparison

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

Returns By Period

In the year-to-date period, TSII achieves a -6.73% return, which is significantly lower than USOY's 62.18% return.

TSII

• 1D: 0.32%
• 1M: 6.19%
• YTD: -6.73%
• 6M: -7.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: 1.45%
• 1M: -3.43%
• YTD: 62.18%
• 6M: 59.35%
• 1Y: 57.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSII vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-6.73%	43.72%
USOY Defiance Oil Enhanced Options Income ETF	62.18%	-2.91%

Correlation

The correlation between TSII and USOY is -0.15, 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 (All Time) Calculated using the full available price history since Jun 5, 2025	-0.15

Return for Risk

TSII vs. USOY — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 56
USOY Sharpe Ratio Rank: 55
USOY Sortino Ratio Rank: 46
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 78
USOY Martin Ratio Rank: 46

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. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

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

Sharpe Ratios by Period

	TSII	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.99	-0.24

Drawdowns

TSII vs. USOY - Drawdown Comparison

The maximum TSII drawdown since its inception was -29.03%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for TSII and USOY.

Drawdown Indicators

	TSII	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-17.46%	-11.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	-14.76%	-5.11%	-9.65%
Average Drawdown Average peak-to-trough decline	-9.31%	-6.47%	-2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.42%	—

Volatility

Volatility by Period

	TSII	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	46.04%	30.44%	+15.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.04%	26.13%	+19.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.04%	26.13%	+19.91%

TSII vs. USOY - Expense Ratio Comparison

TSII has a 0.99% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

TSII vs. USOY - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 70.30%, more than USOY's 54.16% yield.

Position	TTM	2025	2024
TSII REX TSLA Growth & Income ETF	70.30%	32.17%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	54.16%	104.32%	48.60%

Frequently Asked Questions

Can I hold both TSII and USOY in my portfolio?

TSII and USOY have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSII or USOY?

On fees, TSII is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSII or USOY?

TSII is cheaper with a 0.99% expense ratio, compared with 1.22% for USOY.

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

TSII has the higher dividend yield at 70.30%, compared with 54.16% for USOY.

What is the main difference between TSII and USOY?

TSII is categorized as Leveraged Equities, while USOY is Derivative Income. They also come from different issuers: REX and Defiance. Their fees differ too: 0.99% for TSII and 1.22% for USOY.