Correlation
The correlation between TSMY and SPY is 0.62, 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.
TSMY vs. SPY
Compare and contrast key facts about YieldMax TSM Option Income Strategy ETF (TSMY) and SPDR S&P 500 ETF (SPY).
TSMY and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSMY is an actively managed fund by YieldMax. It was launched on Aug 20, 2024. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSMY or SPY.
Performance
TSMY vs. SPY - Performance Comparison
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Key characteristics
TSMY:
38.21%
SPY:
20.42%
TSMY:
-31.15%
SPY:
-55.19%
TSMY:
-9.12%
SPY:
-3.55%
Returns By Period
In the year-to-date period, TSMY achieves a -1.66% return, which is significantly lower than SPY's 0.87% return.
TSMY
-1.66%
11.48%
3.55%
N/A
N/A
N/A
N/A
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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TSMY vs. SPY - Expense Ratio Comparison
TSMY has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TSMY vs. SPY — Risk-Adjusted Performance Rank
TSMY
SPY
TSMY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax TSM Option Income Strategy ETF (TSMY) 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.
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Dividends
TSMY vs. SPY - Dividend Comparison
TSMY's dividend yield for the trailing twelve months is around 37.62%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSMY YieldMax TSM Option Income Strategy ETF | 37.62% | 13.72% | 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 | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TSMY vs. SPY - Drawdown Comparison
The maximum TSMY drawdown since its inception was -31.15%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TSMY and SPY.
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Volatility
TSMY vs. SPY - Volatility Comparison
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