TSLW vs. TSYY

Last updated Jul 14, 2026

TSLW (Roundhill TSLA WeeklyPay™ ETF) and TSYY (GraniteShares YieldBOOST TSLA ETF) are both Derivative Income funds. Both are actively managed. Over the past year, TSLW returned 23.67% vs -9.82% for TSYY. Their correlation of 0.89 suggests significant overlap in exposure. TSLW charges 0.99%/yr vs 1.15%/yr for TSYY.

Performance

TSLW vs. TSYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill TSLA WeeklyPay™ ETF (TSLW) and GraniteShares YieldBOOST TSLA ETF (TSYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TSLW having a -17.23% return and TSYY slightly lower at -17.57%.

TSLW

• 1D: -3.72%
• 1M: -3.84%
• 6M: -16.87%
• YTD: -17.23%
• 1Y: 23.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSYY

• 1D: -2.23%
• 1M: -1.00%
• 6M: -18.01%
• YTD: -17.57%
• 1Y: -9.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLW vs. TSYY - Yearly Performance Comparison

	2026 (YTD)	2025
TSLW Roundhill TSLA WeeklyPay™ ETF	-17.23%	35.28%
TSYY GraniteShares YieldBOOST TSLA ETF	-17.57%	4.98%

Correlation

The correlation between TSLW and TSYY is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025	0.89

The correlation between TSLW and TSYY has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.

Return for Risk

TSLW vs. TSYY — Risk / Return Rank

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

TSLW

TSLW Risk / Return Rank: 19
TSLW Sharpe Ratio Rank: 18
TSLW Sortino Ratio Rank: 21
TSLW Omega Ratio Rank: 20
TSLW Calmar Ratio Rank: 19
TSLW Martin Ratio Rank: 18

TSYY

TSYY Risk / Return Rank: 6
TSYY Sharpe Ratio Rank: 6
TSYY Sortino Ratio Rank: 6
TSYY Omega Ratio Rank: 6
TSYY Calmar Ratio Rank: 6
TSYY Martin Ratio Rank: 6

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.

TSLW vs. TSYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) and GraniteShares YieldBOOST TSLA ETF (TSYY). 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.

	TSLW	TSYY	Difference
Sharpe ratio: Return per unit of total volatility	0.44	-0.33	+0.77
Sortino ratio: Return per unit of downside risk	0.97	-0.25	+1.22
Omega ratio: Gain probability vs. loss probability	1.11	0.97	+0.14
Calmar ratio: Return relative to maximum drawdown	0.66	-0.35	+1.01
Martin ratio: Return relative to average drawdown	1.40	-0.59	+1.99

TSLW vs. TSYY - Sharpe Ratio Comparison

The current TSLW Sharpe Ratio is 0.44, which is higher than the TSYY Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of TSLW and TSYY, 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

TSLW vs. TSYY - Drawdown Comparison

The maximum TSLW drawdown since its inception was -35.80%, smaller than the maximum TSYY drawdown of -41.52%. Use the drawdown chart below to compare losses from any high point for TSLW and TSYY.

Drawdown Indicators

	TSLW	TSYY	Difference
Max Drawdown Largest peak-to-trough decline	-35.80%	-41.52%	+5.72%
Max Drawdown (1Y) Largest decline over 1 year	-35.80%	-28.39%	-7.41%
Current Drawdown Current decline from peak	-25.41%	-37.43%	+12.02%
Average Drawdown Average peak-to-trough decline	-13.85%	-26.58%	+12.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.92%	16.64%	+0.28%

Volatility

TSLW vs. TSYY - Volatility Comparison

Roundhill TSLA WeeklyPay™ ETF (TSLW) has a higher volatility of 20.82% compared to GraniteShares YieldBOOST TSLA ETF (TSYY) at 6.93%. This indicates that TSLW's price experiences larger fluctuations and is considered to be riskier than TSYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSLW	TSYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.82%	6.93%	+13.89%
Volatility (6M) Calculated over the trailing 6-month period	37.41%	18.27%	+19.14%
Volatility (1Y) Calculated over the trailing 1-year period	53.62%	30.15%	+23.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.26%	36.84%	+20.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.26%	36.84%	+20.42%

TSLW vs. TSYY - Expense Ratio Comparison

TSLW has a 0.99% expense ratio, which is lower than TSYY's 1.15% expense ratio.

Dividends

TSLW vs. TSYY - Dividend Comparison

TSLW's dividend yield for the trailing twelve months is around 92.94%, less than TSYY's 247.87% yield.

Position	TTM	2025	2024
TSLW Roundhill TSLA WeeklyPay™ ETF	92.94%	49.31%	0.00%
TSYY GraniteShares YieldBOOST TSLA ETF	247.87%	256.64%	0.19%

Frequently Asked Questions

Can I hold both TSLW and TSYY in my portfolio?

TSLW and TSYY have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSLW or TSYY?

TSLW has higher volatility (20.82%) compared to TSYY (6.93%). In terms of maximum drawdown, TSLW dropped -35.80% vs TSYY's -41.52%.

Which ETF is better, TSLW or TSYY?

On 1-year performance, TSLW leads with 23.67% vs -9.82% for TSYY. On fees, TSLW is cheaper at 0.99% per year. On volatility, TSYY has been the lower-risk option at 6.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSLW or TSYY?

Over the 1-year period, TSLW has performed better with a 23.67% return vs -9.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSLW or TSYY?

TSLW is cheaper with a 0.99% expense ratio, compared with 1.15% for TSYY.

Which ETF pays a higher dividend yield, TSLW or TSYY?

TSYY has the higher dividend yield at 247.87%, compared with 92.94% for TSLW.

What is the main difference between TSLW and TSYY?

They also come from different issuers: Roundhill and GraniteShares. Their fees differ too: 0.99% for TSLW and 1.15% for TSYY.

Which has better risk-adjusted returns?

TSLW currently has the higher Sharpe Ratio (0.44 vs -0.33), 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.