TSLY.TO vs. TSII

Last updated Jun 4, 2026

TSLY.TO (Harvest Tesla Enhanced High Income Shares ETF) and TSII (REX TSLA Growth & Income ETF) are both exchange-traded funds - TSLY.TO is a Derivative Income fund actively managed by Harvest, while TSII is a Leveraged Equities fund actively managed by REX. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. TSLY.TO charges 0.40%/yr vs 0.99%/yr for TSII.

Performance

TSLY.TO vs. TSII - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Tesla Enhanced High Income Shares ETF (TSLY.TO) and REX TSLA Growth & Income ETF (TSII). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TSLY.TO is traded in CAD, while TSII is traded in USD. To make them comparable, the TSII values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TSLY.TO achieves a -4.02% return, which is significantly higher than TSII's -5.54% return.

TSLY.TO

• 1D: 0.27%
• 1M: 9.93%
• YTD: -4.02%
• 6M: -4.42%
• 1Y: 34.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSII

• 1D: 0.73%
• 1M: 8.31%
• YTD: -5.54%
• 6M: -7.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLY.TO vs. TSII - Yearly Performance Comparison

	2026 (YTD)	2025
TSLY.TO Harvest Tesla Enhanced High Income Shares ETF	-4.02%	45.33%
TSII REX TSLA Growth & Income ETF	-5.54%	44.18%

Correlation

The correlation between TSLY.TO and TSII is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.93

Return for Risk

TSLY.TO vs. TSII — Risk / Return Rank

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

TSLY.TO

TSLY.TO Risk / Return Rank: 23
TSLY.TO Sharpe Ratio Rank: 22
TSLY.TO Sortino Ratio Rank: 23
TSLY.TO Omega Ratio Rank: 23
TSLY.TO Calmar Ratio Rank: 25
TSLY.TO Martin Ratio Rank: 22

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.

TSLY.TO vs. TSII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Tesla Enhanced High Income Shares ETF (TSLY.TO) 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.

	TSLY.TO	TSII	Difference
Sharpe ratio: Return per unit of total volatility	0.75	—	—
Sortino ratio: Return per unit of downside risk	1.25	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.16	—	—
Martin ratio: Return relative to average drawdown	2.82	—	—
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

	TSLY.TO	TSII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.80	-0.85

Drawdowns

TSLY.TO vs. TSII - Drawdown Comparison

The maximum TSLY.TO drawdown since its inception was -58.91%, which is greater than TSII's maximum drawdown of -28.51%. Use the drawdown chart below to compare losses from any high point for TSLY.TO and TSII.

Drawdown Indicators

	TSLY.TO	TSII	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-28.51%	-30.40%
Max Drawdown (1Y) Largest decline over 1 year	-29.78%	—	—
Current Drawdown Current decline from peak	-14.41%	-13.82%	-0.59%
Average Drawdown Average peak-to-trough decline	-26.89%	-9.43%	-17.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.29%	—	—

Volatility

Volatility by Period

	TSLY.TO	TSII	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.73%	45.50%	+0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.20%	45.50%	+14.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.20%	45.50%	+14.70%

TSLY.TO vs. TSII - Expense Ratio Comparison

TSLY.TO has a 0.40% expense ratio, which is lower than TSII's 0.99% expense ratio.

Dividends

TSLY.TO vs. TSII - Dividend Comparison

TSLY.TO's dividend yield for the trailing twelve months is around 37.80%, less than TSII's 70.30% yield.

Position	TTM	2025
TSII REX TSLA Growth & Income ETF	70.30%	32.17%
TSLY.TO Harvest Tesla Enhanced High Income Shares ETF	37.80%	32.52%

Frequently Asked Questions

Can I hold both TSLY.TO and TSII in my portfolio?

With a correlation of 0.93, TSLY.TO 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 ETF is better, TSLY.TO or TSII?

On fees, TSLY.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLY.TO or TSII?

TSLY.TO is cheaper with a 0.40% expense ratio, compared with 0.99% for TSII.

What is the main difference between TSLY.TO and TSII?

TSLY.TO is categorized as Derivative Income, while TSII is Leveraged Equities. They also come from different issuers: Harvest and REX. Their fees differ too: 0.40% for TSLY.TO and 0.99% for TSII.