TSMY vs. TSLY
Compare and contrast key facts about YieldMax TSM Option Income Strategy ETF (TSMY) and YieldMax TSLA Option Income Strategy ETF (TSLY).
TSMY and TSLY 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. 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: TSMY or TSLY.
Correlation
The correlation between TSMY and TSLY is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TSMY vs. TSLY - Performance Comparison
Key characteristics
TSMY:
36.07%
TSLY:
48.01%
TSMY:
-14.02%
TSLY:
-45.62%
TSMY:
-9.10%
TSLY:
-23.45%
Returns By Period
In the year-to-date period, TSMY achieves a -1.64% return, which is significantly higher than TSLY's -10.82% return.
TSMY
-1.64%
-6.61%
8.72%
N/A
N/A
N/A
TSLY
-10.82%
-11.99%
33.93%
36.10%
N/A
N/A
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TSMY vs. TSLY - Expense Ratio Comparison
Both TSMY and TSLY have an expense ratio of 0.99%.
Risk-Adjusted Performance
TSMY vs. TSLY — Risk-Adjusted Performance Rank
TSMY
TSLY
TSMY vs. TSLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax TSM Option Income Strategy ETF (TSMY) and YieldMax TSLA Option Income Strategy ETF (TSLY). 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.
Not enough dataDividends
TSMY vs. TSLY - Dividend Comparison
TSMY's dividend yield for the trailing twelve months is around 22.02%, less than TSLY's 96.61% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
TSMY YieldMax TSM Option Income Strategy ETF | 22.02% | 13.72% | 0.00% |
TSLY YieldMax TSLA Option Income Strategy ETF | 96.61% | 82.33% | 76.47% |
Drawdowns
TSMY vs. TSLY - Drawdown Comparison
The maximum TSMY drawdown since its inception was -14.02%, smaller than the maximum TSLY drawdown of -45.62%. Use the drawdown chart below to compare losses from any high point for TSMY and TSLY. For additional features, visit the drawdowns tool.
Volatility
TSMY vs. TSLY - Volatility Comparison
YieldMax TSM Option Income Strategy ETF (TSMY) has a higher volatility of 17.15% compared to YieldMax TSLA Option Income Strategy ETF (TSLY) at 12.25%. This indicates that TSMY's price experiences larger fluctuations and is considered to be riskier than TSLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.