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TSLY vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TSLY and SPY is 0.49, 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.


-0.50.00.51.00.5

Performance

TSLY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax TSLA Option Income Strategy ETF (TSLY) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
45.19%
51.23%
TSLY
SPY

Key characteristics

Sharpe Ratio

TSLY:

0.74

SPY:

2.21

Sortino Ratio

TSLY:

1.27

SPY:

2.93

Omega Ratio

TSLY:

1.17

SPY:

1.41

Calmar Ratio

TSLY:

0.75

SPY:

3.26

Martin Ratio

TSLY:

1.87

SPY:

14.43

Ulcer Index

TSLY:

18.35%

SPY:

1.90%

Daily Std Dev

TSLY:

46.73%

SPY:

12.41%

Max Drawdown

TSLY:

-45.63%

SPY:

-55.19%

Current Drawdown

TSLY:

-11.35%

SPY:

-2.74%

Returns By Period

In the year-to-date period, TSLY achieves a 32.02% return, which is significantly higher than SPY's 25.54% return.


TSLY

YTD

32.02%

1M

13.42%

6M

53.16%

1Y

30.92%

5Y*

N/A

10Y*

N/A

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

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. SPY - Expense Ratio Comparison

TSLY has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.


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 SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

TSLY vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and SPDR S&P 500 ETF (SPY). 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 0.74, compared to the broader market0.002.004.000.742.21
The chart of Sortino ratio for TSLY, currently valued at 1.27, compared to the broader market-2.000.002.004.006.008.0010.001.272.93
The chart of Omega ratio for TSLY, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.41
The chart of Calmar ratio for TSLY, currently valued at 0.75, compared to the broader market0.005.0010.0015.000.753.26
The chart of Martin ratio for TSLY, currently valued at 1.87, compared to the broader market0.0020.0040.0060.0080.00100.001.8714.43
TSLY
SPY

The current TSLY Sharpe Ratio is 0.74, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of TSLY and SPY, 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-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.74
2.21
TSLY
SPY

Dividends

TSLY vs. SPY - Dividend Comparison

TSLY's dividend yield for the trailing twelve months is around 65.61%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
TSLY
YieldMax TSLA Option Income Strategy ETF
65.61%76.47%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

TSLY vs. SPY - Drawdown Comparison

The maximum TSLY drawdown since its inception was -45.63%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TSLY and SPY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.35%
-2.74%
TSLY
SPY

Volatility

TSLY vs. SPY - Volatility Comparison

YieldMax TSLA Option Income Strategy ETF (TSLY) has a higher volatility of 12.82% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that TSLY's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.82%
3.72%
TSLY
SPY
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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.

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