TSLA vs. TSLY
Compare and contrast key facts about Tesla, Inc. (TSLA) and YieldMax TSLA Option Income Strategy ETF (TSLY).
TSLY is an actively managed fund by YieldMax. It was launched on Nov 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLA or TSLY.
Performance
TSLA vs. TSLY - Performance Comparison
Returns By Period
In the year-to-date period, TSLA achieves a 37.65% return, which is significantly higher than TSLY's 16.70% return.
TSLA
37.65%
56.29%
89.90%
41.80%
73.10%
35.76%
TSLY
16.70%
40.48%
43.97%
26.30%
N/A
N/A
Key characteristics
| TSLA | TSLY | |
|---|---|---|
| Sharpe Ratio | 0.74 | 0.64 |
| Sortino Ratio | 1.49 | 1.17 |
| Omega Ratio | 1.18 | 1.15 |
| Calmar Ratio | 0.69 | 0.64 |
| Martin Ratio | 1.97 | 1.60 |
| Ulcer Index | 22.88% | 18.32% |
| Daily Std Dev | 61.25% | 45.58% |
| Max Drawdown | -73.63% | -45.63% |
| Current Drawdown | -16.57% | -3.46% |
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Correlation
The correlation between TSLA and TSLY is 0.96, 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.
Risk-Adjusted Performance
TSLA vs. TSLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) 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.
Dividends
TSLA vs. TSLY - Dividend Comparison
TSLA has not paid dividends to shareholders, while TSLY's dividend yield for the trailing twelve months is around 68.18%.
| TTM | 2023 | |
|---|---|---|
TSLA Tesla, Inc. | 0.00% | 0.00% |
TSLY YieldMax TSLA Option Income Strategy ETF | 68.18% | 76.47% |
Drawdowns
TSLA vs. TSLY - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, which is greater than TSLY's maximum drawdown of -45.63%. Use the drawdown chart below to compare losses from any high point for TSLA and TSLY. For additional features, visit the drawdowns tool.
Volatility
TSLA vs. TSLY - Volatility Comparison
Tesla, Inc. (TSLA) has a higher volatility of 28.99% compared to YieldMax TSLA Option Income Strategy ETF (TSLY) at 20.58%. This indicates that TSLA'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.