PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TSLY vs. OARK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TSLY and OARK is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

TSLY vs. OARK - Performance Comparison

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

-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
51.66%
19.99%
TSLY
OARK

Key characteristics

Sharpe Ratio

TSLY:

0.82

OARK:

0.55

Sortino Ratio

TSLY:

1.37

OARK:

0.89

Omega Ratio

TSLY:

1.18

OARK:

1.11

Calmar Ratio

TSLY:

0.84

OARK:

0.69

Martin Ratio

TSLY:

2.10

OARK:

1.72

Ulcer Index

TSLY:

18.33%

OARK:

8.67%

Daily Std Dev

TSLY:

46.72%

OARK:

27.25%

Max Drawdown

TSLY:

-45.63%

OARK:

-27.24%

Current Drawdown

TSLY:

-7.40%

OARK:

-5.30%

Returns By Period

In the year-to-date period, TSLY achieves a 37.90% return, which is significantly higher than OARK's 9.88% return.


TSLY

YTD

37.90%

1M

19.96%

6M

60.29%

1Y

36.18%

5Y*

N/A

10Y*

N/A

OARK

YTD

9.88%

1M

5.24%

6M

22.17%

1Y

11.65%

5Y*

N/A

10Y*

N/A

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. OARK - Expense Ratio Comparison

Both TSLY and OARK have an expense ratio of 0.99%.


TSLY
YieldMax TSLA Option Income Strategy ETF
Expense ratio chart for TSLY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for OARK: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

TSLY vs. OARK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and YieldMax Innovation Option Income Strategy ETF (OARK). 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.


Sharpe ratio
The chart of Sharpe ratio for TSLY, currently valued at 0.82, compared to the broader market0.002.004.000.820.55
The chart of Sortino ratio for TSLY, currently valued at 1.37, compared to the broader market-2.000.002.004.006.008.0010.001.370.89
The chart of Omega ratio for TSLY, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.001.181.11
The chart of Calmar ratio for TSLY, currently valued at 0.84, compared to the broader market0.005.0010.0015.000.840.69
The chart of Martin ratio for TSLY, currently valued at 2.10, compared to the broader market0.0020.0040.0060.0080.00100.002.101.72
TSLY
OARK

The current TSLY Sharpe Ratio is 0.82, which is higher than the OARK Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of TSLY and OARK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.82
0.55
TSLY
OARK

Dividends

TSLY vs. OARK - Dividend Comparison

TSLY's dividend yield for the trailing twelve months is around 62.82%, more than OARK's 42.29% yield.


TTM2023
TSLY
YieldMax TSLA Option Income Strategy ETF
62.82%76.47%
OARK
YieldMax Innovation Option Income Strategy ETF
42.29%45.04%

Drawdowns

TSLY vs. OARK - Drawdown Comparison

The maximum TSLY drawdown since its inception was -45.63%, which is greater than OARK's maximum drawdown of -27.24%. Use the drawdown chart below to compare losses from any high point for TSLY and OARK. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.40%
-5.30%
TSLY
OARK

Volatility

TSLY vs. OARK - Volatility Comparison

YieldMax TSLA Option Income Strategy ETF (TSLY) has a higher volatility of 12.23% compared to YieldMax Innovation Option Income Strategy ETF (OARK) at 8.02%. This indicates that TSLY's price experiences larger fluctuations and is considered to be riskier than OARK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.23%
8.02%
TSLY
OARK
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab