TSLY vs. TSLW

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax TSLA Option Income Strategy ETF (TSLY) and Roundhill TSLA WeeklyPay™ ETF (TSLW).

TSLY and TSLW 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. TSLW is an actively managed fund by Roundhill. It was launched on Feb 19, 2025.

Performance

TSLY vs. TSLW - Performance Comparison

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

TSLY vs. TSLW - Yearly Performance Comparison

	2026 (YTD)	2025
TSLY YieldMax TSLA Option Income Strategy ETF	-9.03%	27.22%
TSLW Roundhill TSLA WeeklyPay™ ETF	-18.99%	33.77%

Returns By Period

In the year-to-date period, TSLY achieves a -9.03% return, which is significantly higher than TSLW's -18.99% return.

TSLY

• 1D: 1.73%
• 1M: -3.34%
• YTD: -9.03%
• 6M: -8.46%
• 1Y: 48.24%
• 3Y*: 12.10%
• 5Y*: —
• 10Y*: —

TSLW

• 1D: 3.11%
• 1M: -6.84%
• YTD: -18.99%
• 6M: -22.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TSLY vs. TSLW - Expense Ratio Comparison

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

TSLY

YieldMax TSLA Option Income Strategy ETF

TSLW

Roundhill TSLA WeeklyPay™ ETF

Return for Risk

TSLY vs. TSLW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSLY

TSLY Risk / Return Rank: 65
TSLY Sharpe Ratio Rank: 60
TSLY Sortino Ratio Rank: 62
TSLY Omega Ratio Rank: 55
TSLY Calmar Ratio Rank: 86
TSLY Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSLY vs. TSLW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax TSLA Option Income Strategy ETF (TSLY) and Roundhill TSLA WeeklyPay™ ETF (TSLW). 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.

	TSLY	TSLW	Difference
Sharpe ratio Return per unit of total volatility	1.10	—	—
Sortino ratio Return per unit of downside risk	1.64	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	2.66	—	—
Martin ratio Return relative to average drawdown	6.37	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TSLY	TSLW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.18	+0.08

Correlation

The correlation between TSLY and TSLW is 0.99, 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.

Dividends

TSLY vs. TSLW - Dividend Comparison

TSLY's dividend yield for the trailing twelve months is around 95.99%, more than TSLW's 81.10% yield.

	TTM	2025	2024	2023
TSLY YieldMax TSLA Option Income Strategy ETF	95.99%	91.19%	82.30%	76.47%
TSLW Roundhill TSLA WeeklyPay™ ETF	81.10%	49.31%	0.00%	0.00%

Drawdowns

TSLY vs. TSLW - Drawdown Comparison

The maximum TSLY drawdown since its inception was -49.52%, which is greater than TSLW's maximum drawdown of -32.91%. Use the drawdown chart below to compare losses from any high point for TSLY and TSLW.

Drawdown Indicators

	TSLY	TSLW	Difference
Max Drawdown Largest peak-to-trough decline	-49.52%	-32.91%	-16.61%
Max Drawdown (1Y) Largest decline over 1 year	-19.82%	—	—
Current Drawdown Current decline from peak	-14.94%	-26.99%	+12.05%
Average Drawdown Average peak-to-trough decline	-20.39%	-10.66%	-9.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.29%	—	—

Volatility

Volatility by Period

	TSLY	TSLW	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.25%	56.67%	-12.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.05%	56.67%	-10.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.05%	56.67%	-10.62%