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TSLY vs. BAC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TSLY vs. BAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax TSLA Option Income Strategy ETF (TSLY) and Bank of America Corporation (BAC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TSLY achieves a -5.22% return, which is significantly lower than BAC's 3.72% return.


TSLY

1D
1.66%
1M
-6.99%
YTD
-5.22%
6M
-7.03%
1Y
29.62%
3Y*
10.28%
5Y*
10Y*

BAC

1D
2.31%
1M
13.82%
YTD
3.72%
6M
3.46%
1Y
29.23%
3Y*
27.43%
5Y*
8.79%
10Y*
18.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TSLY vs. BAC - Yearly Performance Comparison


2026 (YTD)2025202420232022
TSLY
YieldMax TSLA Option Income Strategy ETF
-5.22%13.62%27.83%50.69%-27.09%
BAC
Bank of America Corporation
3.72%28.04%33.85%4.83%-11.14%

Correlation

The correlation between TSLY and BAC is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.16

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Nov 23, 2022

0.27

The correlation between TSLY and BAC shifts across timeframes, from 0.16 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

TSLY vs. BAC — Risk / Return Rank

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

TSLY
TSLY Risk / Return Rank: 2727
Overall Rank
TSLY Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
TSLY Sortino Ratio Rank: 2626
Sortino Ratio Rank
TSLY Omega Ratio Rank: 2626
Omega Ratio Rank
TSLY Calmar Ratio Rank: 3131
Calmar Ratio Rank
TSLY Martin Ratio Rank: 2727
Martin Ratio Rank

BAC
BAC Risk / Return Rank: 7575
Overall Rank
BAC Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
BAC Sortino Ratio Rank: 7474
Sortino Ratio Rank
BAC Omega Ratio Rank: 7474
Omega Ratio Rank
BAC Calmar Ratio Rank: 7373
Calmar Ratio Rank
BAC Martin Ratio Rank: 7474
Martin Ratio Rank
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. BAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and Bank of America Corporation (BAC). 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.


TSLYBACDifference
Sharpe ratioReturn per unit of total volatility

-0.53

Sortino ratioReturn per unit of downside risk

-0.54

Omega ratioGain probability vs. loss probability

1.16

1.24

-0.08

Calmar ratioReturn relative to maximum drawdown

1.38

1.64

-0.26

Martin ratioReturn relative to average drawdown

3.27

4.21

-0.94

TSLY vs. BAC - Sharpe Ratio Comparison

The current TSLY Sharpe Ratio is 0.83, which is lower than the BAC Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of TSLY and BAC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

TSLY vs. BAC - Drawdown Comparison

The maximum TSLY drawdown since its inception was -49.52%, smaller than the maximum BAC drawdown of -93.10%. Use the drawdown chart below to compare losses from any high point for TSLY and BAC.


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Drawdown Indicators


TSLYBACDifference

Max Drawdown

Largest peak-to-trough decline

-49.52%

-93.10%

+43.58%

Max Drawdown (1Y)

Largest decline over 1 year

-21.64%

-17.93%

-3.71%

Max Drawdown (3Y)

Largest decline over 3 years

-49.52%

-27.51%

-22.01%

Max Drawdown (5Y)

Largest decline over 5 years

-46.64%

Max Drawdown (10Y)

Largest decline over 10 years

-48.95%

Current Drawdown

Current decline from peak

-11.38%

-0.36%

-11.02%

Average Drawdown

Average peak-to-trough decline

-19.92%

-28.30%

+8.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.09%

6.96%

+2.13%

Volatility

TSLY vs. BAC - Volatility Comparison

YieldMax TSLA Option Income Strategy ETF (TSLY) has a higher volatility of 12.68% compared to Bank of America Corporation (BAC) at 5.49%. This indicates that TSLY's price experiences larger fluctuations and is considered to be riskier than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TSLYBACDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.68%

5.49%

+7.19%

Volatility (6M)

Calculated over the trailing 6-month period

23.97%

16.57%

+7.40%

Volatility (1Y)

Calculated over the trailing 1-year period

35.92%

21.62%

+14.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

45.59%

26.89%

+18.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

45.59%

30.68%

+14.91%

Dividends

TSLY vs. BAC - Dividend Comparison

TSLY's dividend yield for the trailing twelve months is around 83.90%, more than BAC's 2.72% yield.


PositionTTM20252024202320222021202020192018201720162015
BAC
Bank of America Corporation
2.72%1.96%2.28%2.73%2.60%1.75%2.38%1.87%2.19%1.32%1.13%1.19%
TSLY
YieldMax TSLA Option Income Strategy ETF
83.90%91.19%82.30%76.47%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


TSLY and BAC have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TSLY has higher volatility (12.68%) compared to BAC (5.49%). In terms of maximum drawdown, TSLY dropped -49.52% vs BAC's -93.10%.

BAC currently has the higher Sharpe Ratio (1.36 vs 0.83), 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.

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