TSLA.TO vs. TSLY

Last updated Apr 1, 2026

Compare and contrast key facts about Tesla CDR (CAD Hedged) (TSLA.TO) and YieldMax TSLA Option Income Strategy ETF (TSLY).

TSLY is an actively managed fund by YieldMax. It was launched on Nov 22, 2022.

Performance

TSLA.TO vs. TSLY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Tesla CDR (CAD Hedged) (TSLA.TO) and YieldMax TSLA Option Income Strategy ETF (TSLY). The values are adjusted to include any dividend payments, if applicable.

TSLA.TO vs. TSLY - Yearly Performance Comparison

	2026 (YTD)	2025
TSLA.TO Tesla CDR (CAD Hedged)	-17.87%	15.66%
TSLY YieldMax TSLA Option Income Strategy ETF	-9.37%	16.56%

Different Trading Currencies

TSLA.TO is traded in CAD, while TSLY is traded in USD. To make them comparable, the TSLY values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TSLA.TO achieves a -17.87% return, which is significantly lower than TSLY's -9.37% return.

TSLA.TO

• 1D: 4.59%
• 1M: -7.94%
• YTD: -17.87%
• 6M: -17.56%
• 1Y: 39.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLY

• 1D: 4.16%
• 1M: -2.72%
• YTD: -9.37%
• 6M: -8.00%
• 1Y: 45.14%
• 3Y*: 12.53%
• 5Y*: —
• 10Y*: —

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

Return for Risk

TSLA.TO vs. TSLY — Risk / Return Rank

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

TSLA.TO

TSLA.TO Risk / Return Rank: 68
TSLA.TO Sharpe Ratio Rank: 69
TSLA.TO Sortino Ratio Rank: 66
TSLA.TO Omega Ratio Rank: 63
TSLA.TO Calmar Ratio Rank: 70
TSLA.TO Martin Ratio Rank: 70

TSLY

TSLY Risk / Return Rank: 70
TSLY Sharpe Ratio Rank: 68
TSLY Sortino Ratio Rank: 70
TSLY Omega Ratio Rank: 64
TSLY Calmar Ratio Rank: 86
TSLY Martin Ratio Rank: 64

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.

TSLA.TO vs. TSLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tesla CDR (CAD Hedged) (TSLA.TO) and YieldMax TSLA Option Income Strategy ETF (TSLY). 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.

	TSLA.TO	TSLY	Difference
Sharpe ratio Return per unit of total volatility	0.75	1.04	-0.29
Sortino ratio Return per unit of downside risk	1.38	1.57	-0.19
Omega ratio Gain probability vs. loss probability	1.17	1.20	-0.03
Calmar ratio Return relative to maximum drawdown	1.33	2.21	-0.88
Martin ratio Return relative to average drawdown	3.26	5.18	-1.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSLA.TO vs. TSLY - Sharpe Ratio Comparison

The current TSLA.TO Sharpe Ratio is 0.75, which is comparable to the TSLY Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of TSLA.TO and TSLY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TSLA.TO	TSLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	1.04	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	0.28	-0.36

Correlation

The correlation between TSLA.TO and TSLY is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TSLA.TO vs. TSLY - Dividend Comparison

TSLA.TO has not paid dividends to shareholders, while TSLY's dividend yield for the trailing twelve months is around 97.66%.

	TTM	2025	2024	2023
TSLA.TO Tesla CDR (CAD Hedged)	0.00%	0.00%	0.00%	0.00%
TSLY YieldMax TSLA Option Income Strategy ETF	97.66%	91.19%	82.30%	76.47%

Drawdowns

TSLA.TO vs. TSLY - Drawdown Comparison

The maximum TSLA.TO drawdown since its inception was -41.69%, smaller than the maximum TSLY drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for TSLA.TO and TSLY.

Drawdown Indicators

	TSLA.TO	TSLY	Difference
Max Drawdown Largest peak-to-trough decline	-41.69%	-49.52%	+7.83%
Max Drawdown (1Y) Largest decline over 1 year	-27.86%	-19.82%	-8.04%
Current Drawdown Current decline from peak	-24.55%	-16.39%	-8.16%
Average Drawdown Average peak-to-trough decline	-14.98%	-20.40%	+5.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.36%	8.23%	+3.13%

Volatility

TSLA.TO vs. TSLY - Volatility Comparison

Tesla CDR (CAD Hedged) (TSLA.TO) has a higher volatility of 11.13% compared to YieldMax TSLA Option Income Strategy ETF (TSLY) at 9.76%. This indicates that TSLA.TO's price experiences larger fluctuations and is considered to be riskier than TSLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLA.TO	TSLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.13%	9.76%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	28.85%	24.54%	+4.31%
Volatility (1Y) Calculated over the trailing 1-year period	53.38%	43.63%	+9.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.74%	45.40%	+12.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.74%	45.40%	+12.34%