TSYX vs. HIMZ

Last updated Aug 1, 2026

TSYX (TSPY Lift ETF) and HIMZ (Defiance Daily Target 2X Long HIMS ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.38 correlation means their historical movements had little consistent relationship. TSYX charges 0.98%/yr vs 1.31%/yr for HIMZ.

Performance

TSYX vs. HIMZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TSPY Lift ETF (TSYX) and Defiance Daily Target 2X Long HIMS ETF (HIMZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TSYX

• 1D: 0.83%
• 1M: 0.07%
• 6M: 5.30%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

HIMZ

• 1D: 5.33%
• 1M: -49.58%
• 6M: -48.36%
• YTD: -65.84%
• 1Y: -93.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -80.59%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HIMZ Defiance Daily Target 2X Long HIMS ETF	$18.19M	$15.26M	$22.77M
TSYX TSPY Lift ETF	$219.78K	$409.01K	$452.43K

TSYX vs. HIMZ - Yearly Performance Comparison

	2026 (YTD)
TSYX TSPY Lift ETF	5.31%
HIMZ Defiance Daily Target 2X Long HIMS ETF	-71.17%

Correlation

The correlation between TSYX and HIMZ is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 7, 2026	0.38

Return for Risk

TSYX vs. HIMZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TSYX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

HIMZ

HIMZ Risk / Return Rank: 3
HIMZ Sharpe Ratio Rank: 5
HIMZ Sortino Ratio Rank: 3
HIMZ Omega Ratio Rank: 3
HIMZ Calmar Ratio Rank: 0
HIMZ Martin Ratio Rank: 3

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TSYX vs. HIMZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TSPY Lift ETF (TSYX) and Defiance Daily Target 2X Long HIMS ETF (HIMZ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TSYX	HIMZ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.51	—
Sortino ratio: Return per unit of downside risk	—	-1.03	—
Omega ratio: Gain probability vs. loss probability	—	0.89	—
Calmar ratio: Return relative to maximum drawdown	—	-0.97	—
Martin ratio: Return relative to average drawdown	—	-1.20	—

Drawdowns

TSYX vs. HIMZ - Drawdown Comparison

The maximum TSYX drawdown since its inception was -13.39%, smaller than the maximum HIMZ drawdown of -98.18%. Use the drawdown chart below to compare losses from any high point for TSYX and HIMZ.

Drawdown Indicators

	TSYX	HIMZ	Difference
Max Drawdown Largest peak-to-trough decline	-13.39%	-98.18%	+84.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-96.92%	—
Current Drawdown Current decline from peak	-2.52%	-96.29%	+93.77%
Average Drawdown Average peak-to-trough decline	-2.93%	-71.68%	+68.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	80.20%	—

Volatility

Volatility by Period

	TSYX	HIMZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	60.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	147.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.33%	183.54%	-165.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.33%	198.78%	-180.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	198.78%	-180.45%

TSYX vs. HIMZ - Expense Ratio Comparison

TSYX has a 0.98% expense ratio, which is lower than HIMZ's 1.31% expense ratio.

Dividends

TSYX vs. HIMZ - Dividend Comparison

TSYX's dividend yield for the trailing twelve months is around 9.19%, more than HIMZ's 7.15% yield.

Position	TTM	2025
HIMZ Defiance Daily Target 2X Long HIMS ETF	7.15%	2.44%
TSYX TSPY Lift ETF	9.19%	0.00%

Frequently Asked Questions

Can I hold both TSYX and HIMZ in my portfolio?

TSYX and HIMZ have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSYX or HIMZ?

On fees, TSYX is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSYX or HIMZ?

TSYX is cheaper with a 0.98% expense ratio, compared with 1.31% for HIMZ.

Which ETF pays a higher dividend yield, TSYX or HIMZ?

TSYX has the higher dividend yield at 9.19%, compared with 7.15% for HIMZ.

What is the main difference between TSYX and HIMZ?

They also come from different issuers: TappAlpha and Defiance. Their fees differ too: 0.98% for TSYX and 1.31% for HIMZ.