TSLY vs. TSLA
Compare and contrast key facts about YieldMax TSLA Option Income Strategy ETF (TSLY) and Tesla, Inc. (TSLA).
TSLY is an actively managed fund by YieldMax. It was launched on Nov 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLY or TSLA.
Performance
TSLY vs. TSLA - Performance Comparison
Returns By Period
In the year-to-date period, TSLY achieves a 16.40% return, which is significantly lower than TSLA's 36.69% return.
TSLY
16.40%
40.60%
47.95%
29.08%
N/A
N/A
TSLA
36.69%
55.82%
95.49%
45.02%
72.78%
35.44%
Key characteristics
| TSLY | TSLA | |
|---|---|---|
| Sharpe Ratio | 0.57 | 0.67 |
| Sortino Ratio | 1.08 | 1.41 |
| Omega Ratio | 1.14 | 1.17 |
| Calmar Ratio | 0.57 | 0.62 |
| Martin Ratio | 1.42 | 1.78 |
| Ulcer Index | 18.32% | 22.88% |
| Daily Std Dev | 45.52% | 61.22% |
| Max Drawdown | -45.63% | -73.63% |
| Current Drawdown | -3.71% | -17.15% |
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Correlation
The correlation between TSLY and TSLA is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
TSLY vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and Tesla, Inc. (TSLA). 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. TSLA - Dividend Comparison
TSLY's dividend yield for the trailing twelve months is around 68.36%, while TSLA has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
TSLY YieldMax TSLA Option Income Strategy ETF | 68.36% | 76.47% |
TSLA Tesla, Inc. | 0.00% | 0.00% |
Drawdowns
TSLY vs. TSLA - Drawdown Comparison
The maximum TSLY drawdown since its inception was -45.63%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for TSLY and TSLA. For additional features, visit the drawdowns tool.
Volatility
TSLY vs. TSLA - Volatility Comparison
The current volatility for YieldMax TSLA Option Income Strategy ETF (TSLY) is 20.35%, while Tesla, Inc. (TSLA) has a volatility of 28.83%. This indicates that TSLY experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.