TSLP vs. TSII

Last updated Aug 3, 2026

TSLP (Kurv Yield Premium Strategy Tesla (TSLA) ETF) and TSII (REX TSLA Growth & Income ETF) are both exchange-traded funds - TSLP is a Derivative Income fund actively managed by Kurv, while TSII is a Leveraged Equities fund actively managed by REX. Both are actively managed. Over the past year, TSLP returned -9.52% vs -2.85% for TSII. Their 0.98 correlation means they have historically moved very closely together. Both charge a 0.99% expense ratio.

Performance

TSLP vs. TSII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Tesla (TSLA) ETF (TSLP) and REX TSLA Growth & Income ETF (TSII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with TSLP having a -35.14% return and TSII slightly higher at -35.03%.

TSLP

• 1D: 1.35%
• 1M: -22.44%
• 6M: -32.28%
• YTD: -35.14%
• 1Y: -9.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.59%

TSII

• 1D: 1.37%
• 1M: -22.61%
• 6M: -32.70%
• YTD: -35.03%
• 1Y: -2.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -8.22%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TSII REX TSLA Growth & Income ETF	$1.63M	$1.31M	$1.07M
TSLP Kurv Yield Premium Strategy Tesla (TSLA) ETF	$224.09K	$285.38K	$296.75K

TSLP vs. TSII - Yearly Performance Comparison

	2026 (YTD)	2025
TSLP Kurv Yield Premium Strategy Tesla (TSLA) ETF	-35.14%	26.67%
TSII REX TSLA Growth & Income ETF	-35.03%	39.41%

Correlation

The correlation between TSLP and TSII is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.98
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.98

The correlation between TSLP and TSII has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

Return for Risk

TSLP vs. TSII — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TSLP

TSLP Risk / Return Rank: 8
TSLP Sharpe Ratio Rank: 8
TSLP Sortino Ratio Rank: 9
TSLP Omega Ratio Rank: 9
TSLP Calmar Ratio Rank: 8
TSLP Martin Ratio Rank: 7

TSII

TSII Risk / Return Rank: 10
TSII Sharpe Ratio Rank: 9
TSII Sortino Ratio Rank: 11
TSII Omega Ratio Rank: 12
TSII Calmar Ratio Rank: 9
TSII Martin Ratio Rank: 9

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TSLP vs. TSII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Tesla (TSLA) ETF (TSLP) and REX TSLA Growth & Income ETF (TSII). 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.

	TSLP	TSII	Difference
Sharpe ratio: Return per unit of total volatility	-0.23	-0.10	-0.13
Sortino ratio: Return per unit of downside risk	-0.01	0.19	-0.20
Omega ratio: Gain probability vs. loss probability	1.00	1.02	-0.03
Calmar ratio: Return relative to maximum drawdown	-0.24	-0.11	-0.14
Martin ratio: Return relative to average drawdown	-0.62	-0.29	-0.32

TSLP vs. TSII - Sharpe Ratio Comparison

The current TSLP Sharpe Ratio is -0.23, which is lower than the TSII Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of TSLP and TSII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSLP vs. TSII - Drawdown Comparison

The maximum TSLP drawdown since its inception was -46.00%, roughly equal to the maximum TSII drawdown of -44.14%. Use the drawdown chart below to compare losses from any high point for TSLP and TSII.

Drawdown Indicators

	TSLP	TSII	Difference
Max Drawdown Largest peak-to-trough decline	-46.00%	-44.14%	-1.86%
Max Drawdown (1Y) Largest decline over 1 year	-42.53%	-44.14%	+1.61%
Current Drawdown Current decline from peak	-40.08%	-40.63%	+0.55%
Average Drawdown Average peak-to-trough decline	-16.26%	-11.52%	-4.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.49%	15.75%	+0.74%

Volatility

TSLP vs. TSII - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Tesla (TSLA) ETF (TSLP) is 22.59%, while REX TSLA Growth & Income ETF (TSII) has a volatility of 24.75%. This indicates that TSLP experiences smaller price fluctuations and is considered to be less risky than TSII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLP	TSII	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.59%	24.75%	-2.16%
Volatility (6M) Calculated over the trailing 6-month period	37.82%	37.69%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	45.45%	47.70%	-2.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.03%	50.45%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.03%	50.45%	-0.42%

TSLP vs. TSII - Expense Ratio Comparison

Both TSLP and TSII have an expense ratio of 0.99%.

Dividends

TSLP vs. TSII - Dividend Comparison

TSLP's dividend yield for the trailing twelve months is around 38.75%, less than TSII's 109.28% yield.

Position	TTM	2025	2024	2023
TSII REX TSLA Growth & Income ETF	109.28%	32.17%	0.00%	0.00%
TSLP Kurv Yield Premium Strategy Tesla (TSLA) ETF	38.75%	31.05%	21.82%	4.39%

Frequently Asked Questions

Can I hold both TSLP and TSII in my portfolio?

With a correlation of 0.98, TSLP and TSII move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TSLP or TSII?

TSII has higher volatility (24.75%) compared to TSLP (22.59%). In terms of maximum drawdown, TSLP dropped -46.00% vs TSII's -44.14%.

Which ETF is better, TSLP or TSII?

On 1-year performance, TSII leads with -2.85% vs -9.52% for TSLP. Both ETFs have the same 0.99% expense ratio. On volatility, TSLP has been the lower-risk option at 22.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSLP or TSII?

Over the 1-year period, TSII has performed better with a -2.85% return vs -9.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSLP or TSII?

TSLP and TSII have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, TSLP or TSII?

TSII has the higher dividend yield at 109.28%, compared with 38.75% for TSLP.

What is the main difference between TSLP and TSII?

TSLP is categorized as Derivative Income, while TSII is Leveraged Equities. They also come from different issuers: Kurv and REX.

Which has better risk-adjusted returns?

TSII currently has the higher Sharpe Ratio (-0.10 vs -0.23), 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.