TSLY vs. APRD

Last updated Jun 5, 2026

TSLY (YieldMax TSLA Option Income Strategy ETF) and APRD (Innovator Premium Income 10 Barrier ETF - April) are both Options Trading funds. Both are actively managed. TSLY charges 1.07%/yr vs 0.79%/yr for APRD.

Performance

TSLY vs. APRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax TSLA Option Income Strategy ETF (TSLY) and Innovator Premium Income 10 Barrier ETF - April (APRD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TSLY

• 1D: -1.05%
• 1M: 4.95%
• YTD: -2.70%
• 6M: -3.20%
• 1Y: 27.37%
• 3Y*: 14.39%
• 5Y*: —
• 10Y*: —

APRD

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLY vs. APRD - Yearly Performance Comparison

	2026 (YTD)
TSLY YieldMax TSLA Option Income Strategy ETF	2.78%
APRD Innovator Premium Income 10 Barrier ETF - April	0.00%

Return for Risk

TSLY vs. APRD — Risk / Return Rank

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

TSLY

TSLY Risk / Return Rank: 24
TSLY Sharpe Ratio Rank: 22
TSLY Sortino Ratio Rank: 22
TSLY Omega Ratio Rank: 23
TSLY Calmar Ratio Rank: 27
TSLY Martin Ratio Rank: 24

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 vs. APRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and Innovator Premium Income 10 Barrier ETF - April (APRD). 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	APRD	Difference
Sharpe ratio: Return per unit of total volatility	0.72	—	—
Sortino ratio: Return per unit of downside risk	1.14	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.27	—	—
Martin ratio: Return relative to average drawdown	3.10	—	—
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	APRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Drawdowns

TSLY vs. APRD - Drawdown Comparison

The maximum TSLY drawdown since its inception was -49.52%, which is greater than APRD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TSLY and APRD.

Drawdown Indicators

	TSLY	APRD	Difference
Max Drawdown Largest peak-to-trough decline	-49.52%	0.00%	-49.52%
Max Drawdown (1Y) Largest decline over 1 year	-21.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-49.52%	—	—
Current Drawdown Current decline from peak	-9.03%	0.00%	-9.03%
Average Drawdown Average peak-to-trough decline	-19.99%	0.00%	-19.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.95%	—	—

Volatility

Volatility by Period

	TSLY	APRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	38.20%	0.00%	+38.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.48%	0.00%	+45.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.48%	0.00%	+45.48%

TSLY vs. APRD - Expense Ratio Comparison

TSLY has a 1.07% expense ratio, which is higher than APRD's 0.79% expense ratio.

Dividends

TSLY vs. APRD - Dividend Comparison

TSLY's dividend yield for the trailing twelve months is around 86.88%, while APRD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
APRD Innovator Premium Income 10 Barrier ETF - April	0.00%	0.00%	0.00%	0.00%
TSLY YieldMax TSLA Option Income Strategy ETF	86.88%	91.19%	82.30%	76.47%

Frequently Asked Questions

Which ETF is better, TSLY or APRD?

On fees, APRD is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLY or APRD?

APRD is cheaper with a 0.79% expense ratio, compared with 1.07% for TSLY.

Which ETF pays a higher dividend yield, TSLY or APRD?

TSLY has the higher dividend yield at 86.88%, compared with 0.00% for APRD.

What is the main difference between TSLY and APRD?

They also come from different issuers: YieldMax and Innovator. Their fees differ too: 1.07% for TSLY and 0.79% for APRD.