TSLY vs. MSTR
TSLY (YieldMax TSLA Option Income Strategy ETF) is Options Trading fund actively managed by YieldMax, while MSTR (Strategy Inc) is a stock. Over the past 3 years, TSLY returned 5.45%/yr vs 30.85%/yr for MSTR. At a 0.38 correlation, their price movements are largely independent.
Performance
TSLY vs. MSTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TSLY achieves a -11.57% return, which is significantly higher than MSTR's -35.62% return.
TSLY
- 1D
- -2.57%
- 1M
- -6.31%
- 6M
- -10.51%
- YTD
- -11.57%
- 1Y
- 17.02%
- 3Y*
- 5.45%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 9.88%
MSTR
- 1D
- 3.13%
- 1M
- -13.07%
- 6M
- -43.69%
- YTD
- -35.62%
- 1Y
- -76.89%
- 3Y*
- 30.85%
- 5Y*
- 11.92%
- 10Y*
- 17.94%
- ALL TIME*
- 9.32%
TSLY vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TSLY YieldMax TSLA Option Income Strategy ETF | -11.57% | 13.62% | 27.83% | 50.69% | -27.09% |
MSTR Strategy Inc | -35.62% | -47.53% | 358.54% | 346.15% | -15.27% |
Correlation
The correlation between TSLY and MSTR is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2022 | 0.38 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TSLY vs. MSTR — Risk / Return Rank
TSLY
MSTR
TSLY vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and Strategy Inc (MSTR). 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.
| TSLY | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +3.11 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.77 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | -0.95 | +1.74 |
| Martin ratioReturn relative to average drawdown | 1.79 | -1.38 | +3.16 |
Loading charts...
Drawdowns
TSLY vs. MSTR - Drawdown Comparison
The maximum TSLY drawdown since its inception was -49.52%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for TSLY and MSTR.
Loading charts...
Drawdown Indicators
| TSLY | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.52% | -99.86% | +50.34% |
Max Drawdown (1Y)Largest decline over 1 year | -21.64% | -80.70% | +59.06% |
Max Drawdown (3Y)Largest decline over 3 years | -49.52% | -82.63% | +33.11% |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.27% | — |
Current DrawdownCurrent decline from peak | -17.31% | -79.36% | +62.05% |
Average DrawdownAverage peak-to-trough decline | -19.72% | -86.43% | +66.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.56% | 55.87% | -46.31% |
Volatility
TSLY vs. MSTR - Volatility Comparison
The current volatility for YieldMax TSLA Option Income Strategy ETF (TSLY) is 13.90%, while Strategy Inc (MSTR) has a volatility of 25.51%. This indicates that TSLY experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TSLY | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.90% | 25.51% | -11.61% |
Volatility (6M)Calculated over the trailing 6-month period | 26.06% | 60.54% | -34.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.22% | 74.28% | -38.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.56% | 90.77% | -45.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.56% | 74.27% | -28.71% |
Dividends
TSLY vs. MSTR - Dividend Comparison
TSLY's dividend yield for the trailing twelve months is around 92.25%, while MSTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MSTR Strategy Inc | 0.00% | 0.00% | 0.00% | 0.00% |
TSLY YieldMax TSLA Option Income Strategy ETF | 92.25% | 91.19% | 82.30% | 76.47% |
Frequently Asked Questions
TSLY and MSTR have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (25.51%) compared to TSLY (13.90%). In terms of maximum drawdown, TSLY dropped -49.52% vs MSTR's -99.86%.
TSLY currently has the higher Sharpe Ratio (0.47 vs -1.04), 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.
Find the right allocation for TSLY and MSTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer