TSLY vs. TSLL
Compare and contrast key facts about YieldMax TSLA Option Income Strategy ETF (TSLY) and Direxion Daily TSLA Bull 1.5X Shares (TSLL).
TSLY and TSLL 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. TSLL is an actively managed fund by Direxion. It was launched on Jun 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLY or TSLL.
Correlation
The correlation between TSLY and TSLL 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.
Performance
TSLY vs. TSLL - Performance Comparison
Key characteristics
TSLY:
0.27
TSLL:
0.22
TSLY:
0.75
TSLL:
1.39
TSLY:
1.09
TSLL:
1.16
TSLY:
0.29
TSLL:
0.38
TSLY:
0.83
TSLL:
0.88
TSLY:
17.30%
TSLL:
35.14%
TSLY:
52.75%
TSLL:
137.56%
TSLY:
-49.52%
TSLL:
-81.51%
TSLY:
-40.15%
TSLL:
-74.22%
Returns By Period
In the year-to-date period, TSLY achieves a -30.28% return, which is significantly higher than TSLL's -62.63% return.
TSLY
-30.28%
-6.94%
-5.86%
14.72%
N/A
N/A
TSLL
-62.63%
-23.51%
-22.43%
31.29%
N/A
N/A
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TSLY vs. TSLL - Expense Ratio Comparison
TSLY has a 0.99% expense ratio, which is lower than TSLL's 1.08% expense ratio.
Risk-Adjusted Performance
TSLY vs. TSLL — Risk-Adjusted Performance Rank
TSLY
TSLL
TSLY vs. TSLL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and Direxion Daily TSLA Bull 1.5X Shares (TSLL). 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. TSLL - Dividend Comparison
TSLY's dividend yield for the trailing twelve months is around 126.88%, more than TSLL's 6.72% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
TSLY YieldMax TSLA Option Income Strategy ETF | 126.88% | 82.30% | 76.47% | 0.00% |
TSLL Direxion Daily TSLA Bull 1.5X Shares | 6.72% | 2.47% | 4.43% | 1.58% |
Drawdowns
TSLY vs. TSLL - Drawdown Comparison
The maximum TSLY drawdown since its inception was -49.52%, smaller than the maximum TSLL drawdown of -81.51%. Use the drawdown chart below to compare losses from any high point for TSLY and TSLL. For additional features, visit the drawdowns tool.
Volatility
TSLY vs. TSLL - Volatility Comparison
The current volatility for YieldMax TSLA Option Income Strategy ETF (TSLY) is 23.25%, while Direxion Daily TSLA Bull 1.5X Shares (TSLL) has a volatility of 56.94%. This indicates that TSLY experiences smaller price fluctuations and is considered to be less risky than TSLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.