TSIIX vs. TSLW
TSIIX (Thornburg Strategic Income Fund) and TSLW (Roundhill TSLA WeeklyPay™ ETF) are both funds - TSIIX is a Multisector Bonds fund managed by Thornburg, while TSLW is a Derivative Income fund actively managed by Roundhill. Over the past year, TSIIX returned 3.00% vs -3.40% for TSLW. Their 0.14 correlation means their historical movements had little consistent relationship. TSIIX charges 0.60%/yr vs 0.99%/yr for TSLW.
Performance
TSIIX vs. TSLW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TSIIX achieves a 0.35% return, which is significantly higher than TSLW's -38.16% return.
TSIIX
- 1D
- 0.00%
- 1M
- -0.79%
- 6M
- 0.02%
- YTD
- 0.35%
- 1Y
- 3.00%
- 3Y*
- 5.41%
- 5Y*
- 2.72%
- 10Y*
- 4.05%
- ALL TIME*
- 5.81%
TSLW
- 1D
- 1.15%
- 1M
- -25.15%
- 6M
- -34.54%
- YTD
- -38.16%
- 1Y
- -3.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -14.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $2.02M | $1.80M | $2.69M |
TSIIX vs. TSLW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSIIX Thornburg Strategic Income Fund | 0.35% | 4.50% |
TSLW Roundhill TSLA WeeklyPay™ ETF | -38.16% | 35.28% |
Correlation
The correlation between TSIIX and TSLW is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025 | 0.14 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TSIIX vs. TSLW — Risk / Return Rank
TSIIX
TSLW
TSIIX vs. TSLW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Strategic Income Fund (TSIIX) 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.
| TSIIX | TSLW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.57 | ||
| Sortino ratioReturn per unit of downside risk | +2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.03 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | -0.12 | +1.98 |
| Martin ratioReturn relative to average drawdown | 6.14 | -0.29 | +6.43 |
Loading charts...
Drawdowns
TSIIX vs. TSLW - Drawdown Comparison
The maximum TSIIX drawdown since its inception was -21.98%, smaller than the maximum TSLW drawdown of -47.19%. Use the drawdown chart below to compare losses from any high point for TSIIX and TSLW.
Loading charts...
Drawdown Indicators
| TSIIX | TSLW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.98% | -47.19% | +25.21% |
Max Drawdown (1Y)Largest decline over 1 year | -2.14% | -47.19% | +45.05% |
Max Drawdown (3Y)Largest decline over 3 years | -2.56% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -9.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -9.58% | — | — |
Current DrawdownCurrent decline from peak | -0.99% | -44.27% | +43.28% |
Average DrawdownAverage peak-to-trough decline | -1.64% | -14.92% | +13.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 19.01% | -18.36% |
Volatility
TSIIX vs. TSLW - Volatility Comparison
The current volatility for Thornburg Strategic Income Fund (TSIIX) is 0.60%, while Roundhill TSLA WeeklyPay™ ETF (TSLW) has a volatility of 24.91%. This indicates that TSIIX experiences smaller price fluctuations and is considered to be less risky than TSLW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TSIIX | TSLW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.60% | 24.91% | -24.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.12% | 41.72% | -39.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.71% | 55.54% | -52.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.39% | 58.84% | -55.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.96% | 58.84% | -55.88% |
TSIIX vs. TSLW - Expense Ratio Comparison
TSIIX has a 0.60% expense ratio, which is lower than TSLW's 0.99% expense ratio.
Dividends
TSIIX vs. TSLW - Dividend Comparison
TSIIX's dividend yield for the trailing twelve months is around 4.51%, less than TSLW's 121.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSIIX Thornburg Strategic Income Fund | 4.51% | 4.99% | 5.10% | 4.50% | 3.49% | 4.17% | 3.70% | 3.82% | 3.40% | 3.59% | 3.43% | 4.51% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 121.20% | 49.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TSIIX and TSLW have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLW has higher volatility (24.91%) compared to TSIIX (0.60%). In terms of maximum drawdown, TSIIX dropped -21.98% vs TSLW's -47.19%.
TSIIX currently has the higher Sharpe Ratio (1.47 vs -0.10), 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.
Find the right allocation for TSIIX and TSLW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer