TSLP vs. YMAG
Compare and contrast key facts about Kurv Yield Premium Strategy Tesla ETF (TSLP) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG).
TSLP and YMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLP is an actively managed fund by Kurv. It was launched on Oct 26, 2023. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLP or YMAG.
Correlation
The correlation between TSLP and YMAG is 0.71, 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
TSLP vs. YMAG - Performance Comparison
Key characteristics
TSLP:
0.61
YMAG:
0.12
TSLP:
1.33
YMAG:
0.33
TSLP:
1.16
YMAG:
1.05
TSLP:
0.77
YMAG:
0.11
TSLP:
2.25
YMAG:
0.37
TSLP:
15.78%
YMAG:
7.97%
TSLP:
57.83%
YMAG:
24.95%
TSLP:
-46.00%
YMAG:
-25.96%
TSLP:
-39.60%
YMAG:
-22.43%
Returns By Period
In the year-to-date period, TSLP achieves a -34.79% return, which is significantly lower than YMAG's -18.95% return.
TSLP
-34.79%
3.62%
0.73%
41.87%
N/A
N/A
YMAG
-18.95%
-7.54%
-9.92%
4.55%
N/A
N/A
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TSLP vs. YMAG - Expense Ratio Comparison
TSLP has a 0.99% expense ratio, which is lower than YMAG's 1.28% expense ratio.
Risk-Adjusted Performance
TSLP vs. YMAG — Risk-Adjusted Performance Rank
TSLP
YMAG
TSLP vs. YMAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Tesla ETF (TSLP) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). 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
TSLP vs. YMAG - Dividend Comparison
TSLP's dividend yield for the trailing twelve months is around 51.22%, less than YMAG's 52.50% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
TSLP Kurv Yield Premium Strategy Tesla ETF | 51.22% | 21.83% | 4.39% |
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 52.50% | 35.22% | 0.00% |
Drawdowns
TSLP vs. YMAG - Drawdown Comparison
The maximum TSLP drawdown since its inception was -46.00%, which is greater than YMAG's maximum drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for TSLP and YMAG. For additional features, visit the drawdowns tool.
Volatility
TSLP vs. YMAG - Volatility Comparison
Kurv Yield Premium Strategy Tesla ETF (TSLP) has a higher volatility of 25.83% compared to YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) at 15.01%. This indicates that TSLP's price experiences larger fluctuations and is considered to be riskier than YMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.