TSLY vs. NVDY
Compare and contrast key facts about YieldMax TSLA Option Income Strategy ETF (TSLY) and YieldMax NVDA Option Income Strategy ETF (NVDY).
TSLY and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLY is an actively managed fund by YieldMax. It was launched on Nov 22, 2022. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLY or NVDY.
Performance
TSLY vs. NVDY - Performance Comparison
Returns By Period
In the year-to-date period, TSLY achieves a 16.70% return, which is significantly lower than NVDY's 125.58% return.
TSLY
16.70%
40.48%
43.97%
26.30%
N/A
N/A
NVDY
125.58%
1.63%
37.66%
135.17%
N/A
N/A
Key characteristics
| TSLY | NVDY | |
|---|---|---|
| Sharpe Ratio | 0.64 | 3.18 |
| Sortino Ratio | 1.17 | 3.55 |
| Omega Ratio | 1.15 | 1.51 |
| Calmar Ratio | 0.64 | 6.36 |
| Martin Ratio | 1.60 | 21.12 |
| Ulcer Index | 18.32% | 6.37% |
| Daily Std Dev | 45.58% | 42.31% |
| Max Drawdown | -45.63% | -21.19% |
| Current Drawdown | -3.46% | -0.96% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TSLY vs. NVDY - Expense Ratio Comparison
Both TSLY and NVDY have an expense ratio of 0.99%.
Correlation
The correlation between TSLY and NVDY is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
TSLY vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and YieldMax NVDA Option Income Strategy ETF (NVDY). 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.
Dividends
TSLY vs. NVDY - Dividend Comparison
TSLY's dividend yield for the trailing twelve months is around 68.18%, less than NVDY's 73.19% yield.
| TTM | 2023 | |
|---|---|---|
TSLY YieldMax TSLA Option Income Strategy ETF | 68.18% | 76.47% |
NVDY YieldMax NVDA Option Income Strategy ETF | 73.19% | 22.32% |
Drawdowns
TSLY vs. NVDY - Drawdown Comparison
The maximum TSLY drawdown since its inception was -45.63%, which is greater than NVDY's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for TSLY and NVDY. For additional features, visit the drawdowns tool.
Volatility
TSLY vs. NVDY - Volatility Comparison
YieldMax TSLA Option Income Strategy ETF (TSLY) has a higher volatility of 20.58% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 8.44%. This indicates that TSLY's price experiences larger fluctuations and is considered to be riskier than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.