TSLR vs. COYY

Last updated Jun 4, 2026

TSLR (GraniteShares 2x Long TSLA Daily ETF) and COYY (GraniteShares YieldBOOST COIN ETF) are both exchange-traded funds - TSLR is a Leveraged Equities fund actively managed by GraniteShares, while COYY is a Derivative Income fund actively managed by GraniteShares. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. TSLR charges 1.50%/yr vs 1.07%/yr for COYY.

Performance

TSLR vs. COYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long TSLA Daily ETF (TSLR) and GraniteShares YieldBOOST COIN ETF (COYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSLR achieves a -20.05% return, which is significantly higher than COYY's -29.65% return.

TSLR

• 1D: -0.17%
• 1M: 13.88%
• YTD: -20.05%
• 6M: -20.52%
• 1Y: 8.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COYY

• 1D: -2.87%
• 1M: -7.38%
• YTD: -29.65%
• 6M: -39.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLR vs. COYY - Yearly Performance Comparison

	2026 (YTD)	2025
TSLR GraniteShares 2x Long TSLA Daily ETF	-20.05%	71.60%
COYY GraniteShares YieldBOOST COIN ETF	-29.65%	-38.98%

Correlation

The correlation between TSLR and COYY is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.35

Return for Risk

TSLR vs. COYY — Risk / Return Rank

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

TSLR

TSLR Risk / Return Rank: 12
TSLR Sharpe Ratio Rank: 10
TSLR Sortino Ratio Rank: 16
TSLR Omega Ratio Rank: 16
TSLR Calmar Ratio Rank: 10
TSLR Martin Ratio Rank: 10

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.

TSLR vs. COYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long TSLA Daily ETF (TSLR) and GraniteShares YieldBOOST COIN ETF (COYY). 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.

	TSLR	COYY	Difference
Sharpe ratio: Return per unit of total volatility	0.10	—	—
Sortino ratio: Return per unit of downside risk	0.80	—	—
Omega ratio: Gain probability vs. loss probability	1.10	—	—
Calmar ratio: Return relative to maximum drawdown	0.17	—	—
Martin ratio: Return relative to average drawdown	0.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TSLR	COYY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	-1.74	+1.74

Drawdowns

TSLR vs. COYY - Drawdown Comparison

The maximum TSLR drawdown since its inception was -82.80%, which is greater than COYY's maximum drawdown of -58.58%. Use the drawdown chart below to compare losses from any high point for TSLR and COYY.

Drawdown Indicators

	TSLR	COYY	Difference
Max Drawdown Largest peak-to-trough decline	-82.80%	-58.58%	-24.22%
Max Drawdown (1Y) Largest decline over 1 year	-54.37%	—	—
Current Drawdown Current decline from peak	-59.09%	-58.58%	-0.51%
Average Drawdown Average peak-to-trough decline	-50.24%	-35.21%	-15.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.45%	—	—

Volatility

Volatility by Period

	TSLR	COYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	54.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	92.75%	36.39%	+56.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	115.54%	36.39%	+79.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	115.54%	36.39%	+79.15%

TSLR vs. COYY - Expense Ratio Comparison

TSLR has a 1.50% expense ratio, which is higher than COYY's 1.07% expense ratio.

Dividends

TSLR vs. COYY - Dividend Comparison

TSLR has not paid dividends to shareholders, while COYY's dividend yield for the trailing twelve months is around 386.46%.

Position	TTM	2025
COYY GraniteShares YieldBOOST COIN ETF	386.46%	132.14%
TSLR GraniteShares 2x Long TSLA Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSLR and COYY in my portfolio?

TSLR and COYY have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSLR or COYY?

On fees, COYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLR or COYY?

COYY is cheaper with a 1.07% expense ratio, compared with 1.50% for TSLR.

Which ETF pays a higher dividend yield, TSLR or COYY?

COYY has the higher dividend yield at 386.46%, compared with 0.00% for TSLR.

What is the main difference between TSLR and COYY?

TSLR is categorized as Leveraged Equities, while COYY is Derivative Income. Their fees differ too: 1.50% for TSLR and 1.07% for COYY.