TSLW vs. TSYY

Last updated Aug 2, 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 -3.40% vs -9.90% for TSYY. Their correlation of 0.90 means they have usually moved in the same direction. 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

In the year-to-date period, TSLW achieves a -38.16% return, which is significantly lower than TSYY's -23.02% return.

TSLW

• 1D: 1.15%
• 1M: -25.15%
• 6M: -34.54%
• YTD: -38.16%
• 1Y: -3.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -14.25%

TSYY

• 1D: 0.67%
• 1M: -6.99%
• 6M: -22.45%
• YTD: -23.02%
• 1Y: -9.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -25.20%

*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)
TSLW Roundhill TSLA WeeklyPay™ ETF	$2.02M	$1.80M	$2.69M
TSYY GraniteShares YieldBOOST TSLA ETF	$760.06K	$828.41K	$1.81M

TSLW vs. TSYY - Yearly Performance Comparison

	2026 (YTD)	2025
TSLW Roundhill TSLA WeeklyPay™ ETF	-38.16%	35.28%
TSYY GraniteShares YieldBOOST TSLA ETF	-23.02%	4.98%

Correlation

The correlation between TSLW and TSYY is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025	0.90

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

Return for Risk

TSLW vs. TSYY — Risk / Return Rank

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

TSLW

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

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) 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.

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	-0.10	-0.43	+0.33
Sortino ratio: Return per unit of downside risk	0.25	-0.40	+0.65
Omega ratio: Gain probability vs. loss probability	1.03	0.95	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.12	-0.38	+0.26
Martin ratio: Return relative to average drawdown	-0.29	-0.70	+0.41

TSLW vs. TSYY - Sharpe Ratio Comparison

The current TSLW Sharpe Ratio is -0.10, which is higher than the TSYY Sharpe Ratio of -0.43. 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 -47.19%, which is greater than TSYY's maximum drawdown of -42.66%. 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	-47.19%	-42.66%	-4.53%
Max Drawdown (1Y) Largest decline over 1 year	-47.19%	-33.02%	-14.17%
Current Drawdown Current decline from peak	-44.27%	-41.57%	-2.70%
Average Drawdown Average peak-to-trough decline	-14.92%	-27.05%	+12.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.01%	18.04%	+0.97%

Volatility

TSLW vs. TSYY - Volatility Comparison

Roundhill TSLA WeeklyPay™ ETF (TSLW) has a higher volatility of 24.91% compared to GraniteShares YieldBOOST TSLA ETF (TSYY) at 6.96%. 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	24.91%	6.96%	+17.95%
Volatility (6M) Calculated over the trailing 6-month period	41.72%	17.02%	+24.70%
Volatility (1Y) Calculated over the trailing 1-year period	55.54%	29.54%	+26.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.84%	36.41%	+22.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.84%	36.41%	+22.43%

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 121.20%, less than TSYY's 256.16% yield.

Position	TTM	2025	2024
TSLW Roundhill TSLA WeeklyPay™ ETF	121.20%	49.31%	0.00%
TSYY GraniteShares YieldBOOST TSLA ETF	246.79%	256.64%	0.19%

Frequently Asked Questions

Can I hold both TSLW and TSYY in my portfolio?

With a correlation of 0.90, TSLW and TSYY 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, TSLW or TSYY?

TSLW has higher volatility (24.91%) compared to TSYY (6.96%). In terms of maximum drawdown, TSLW dropped -47.19% vs TSYY's -42.66%.

Which ETF is better, TSLW or TSYY?

On 1-year performance, TSLW leads with -3.40% vs -9.90% for TSYY. On fees, TSLW is cheaper at 0.99% per year. On volatility, TSYY has been the lower-risk option at 6.96%. 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 -3.40% return vs -9.90%. 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 246.79%, compared with 121.20% 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 (-0.10 vs -0.43), 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.