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 Tidal. 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.
Key characteristics
| TSLA | TSLY | |
|---|---|---|
| YTD Return | -27.08% | -19.33% |
| 1Y Return | 12.40% | 4.82% |
| Sharpe Ratio | 0.25 | 0.13 |
| Daily Std Dev | 51.21% | 38.60% |
| Max Drawdown | -73.63% | -45.63% |
| Current Drawdown | -55.80% | -33.27% |
Correlation
The correlation between TSLA 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.
Performance
TSLA vs. TSLY - Performance Comparison
In the year-to-date period, TSLA achieves a -27.08% return, which is significantly lower than TSLY's -19.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 90.37%.
| TTM | 2023 | |
|---|---|---|
TSLA Tesla, Inc. | 0.00% | 0.00% |
TSLY YieldMax TSLA Option Income Strategy ETF | 84.85% | 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 23.43% compared to YieldMax TSLA Option Income Strategy ETF (TSLY) at 16.74%. 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.