TSLI.L vs. WINC.AS

Last updated Apr 1, 2026

Compare and contrast key facts about IncomeShares Tesla TSLA Options ETP (TSLI.L) and iShares World Equity High Income UCITS ETF USD Inc (WINC.AS).

TSLI.L and WINC.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLI.L is an actively managed fund by Leverage Shares. It was launched on Jul 18, 2024. WINC.AS is an actively managed fund by iShares. It was launched on Mar 26, 2024.

Performance

TSLI.L vs. WINC.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Tesla TSLA Options ETP (TSLI.L) and iShares World Equity High Income UCITS ETF USD Inc (WINC.AS). The values are adjusted to include any dividend payments, if applicable.

TSLI.L vs. WINC.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TSLI.L IncomeShares Tesla TSLA Options ETP	-14.42%	40.52%	28.35%
WINC.AS iShares World Equity High Income UCITS ETF USD Inc	-2.66%	21.56%	4.50%

Returns By Period

In the year-to-date period, TSLI.L achieves a -14.42% return, which is significantly lower than WINC.AS's -2.66% return.

TSLI.L

• 1D: 0.65%
• 1M: -6.53%
• YTD: -14.42%
• 6M: 1.95%
• 1Y: 73.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WINC.AS

• 1D: 0.69%
• 1M: -5.84%
• YTD: -2.66%
• 6M: 1.96%
• 1Y: 19.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLI.L vs. WINC.AS - Expense Ratio Comparison

TSLI.L has a 0.55% expense ratio, which is higher than WINC.AS's 0.35% expense ratio.

TSLI.L

IncomeShares Tesla TSLA Options ETP

WINC.AS

iShares World Equity High Income UCITS ETF USD Inc

Return for Risk

TSLI.L vs. WINC.AS — Risk / Return Rank

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

TSLI.L

TSLI.L Risk / Return Rank: 84
TSLI.L Sharpe Ratio Rank: 88
TSLI.L Sortino Ratio Rank: 88
TSLI.L Omega Ratio Rank: 79
TSLI.L Calmar Ratio Rank: 91
TSLI.L Martin Ratio Rank: 77

WINC.AS

WINC.AS Risk / Return Rank: 77
WINC.AS Sharpe Ratio Rank: 78
WINC.AS Sortino Ratio Rank: 78
WINC.AS Omega Ratio Rank: 79
WINC.AS Calmar Ratio Rank: 70
WINC.AS Martin Ratio Rank: 83

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.

TSLI.L vs. WINC.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Tesla TSLA Options ETP (TSLI.L) and iShares World Equity High Income UCITS ETF USD Inc (WINC.AS). 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.

	TSLI.L	WINC.AS	Difference
Sharpe ratio Return per unit of total volatility	1.84	1.39	+0.45
Sortino ratio Return per unit of downside risk	2.42	1.94	+0.48
Omega ratio Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio Return relative to maximum drawdown	3.12	1.70	+1.42
Martin ratio Return relative to average drawdown	8.08	8.88	-0.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSLI.L vs. WINC.AS - Sharpe Ratio Comparison

The current TSLI.L Sharpe Ratio is 1.84, which is higher than the WINC.AS Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of TSLI.L and WINC.AS, 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

	TSLI.L	WINC.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	1.39	+0.45
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	1.20	-0.50

Correlation

The correlation between TSLI.L and WINC.AS is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TSLI.L vs. WINC.AS - Dividend Comparison

TSLI.L's dividend yield for the trailing twelve months is around 84.54%, more than WINC.AS's 9.72% yield.

	TTM	2025	2024
TSLI.L IncomeShares Tesla TSLA Options ETP	84.54%	73.68%	19.21%
WINC.AS iShares World Equity High Income UCITS ETF USD Inc	9.72%	9.38%	4.88%

Drawdowns

TSLI.L vs. WINC.AS - Drawdown Comparison

The maximum TSLI.L drawdown since its inception was -41.20%, which is greater than WINC.AS's maximum drawdown of -14.81%. Use the drawdown chart below to compare losses from any high point for TSLI.L and WINC.AS.

Drawdown Indicators

	TSLI.L	WINC.AS	Difference
Max Drawdown Largest peak-to-trough decline	-41.20%	-14.81%	-26.39%
Max Drawdown (1Y) Largest decline over 1 year	-20.29%	-10.81%	-9.48%
Current Drawdown Current decline from peak	-19.77%	-6.13%	-13.64%
Average Drawdown Average peak-to-trough decline	-11.61%	-1.60%	-10.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.83%	2.07%	+5.76%

Volatility

TSLI.L vs. WINC.AS - Volatility Comparison

IncomeShares Tesla TSLA Options ETP (TSLI.L) has a higher volatility of 8.65% compared to iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) at 4.47%. This indicates that TSLI.L's price experiences larger fluctuations and is considered to be riskier than WINC.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLI.L	WINC.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.65%	4.47%	+4.18%
Volatility (6M) Calculated over the trailing 6-month period	22.81%	7.48%	+15.33%
Volatility (1Y) Calculated over the trailing 1-year period	39.75%	14.00%	+25.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.16%	13.89%	+29.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.16%	13.89%	+29.27%