TSYY vs. JELM
TSYY (GraniteShares YieldBOOST TSLA ETF) and JELM (Janus Henderson Equity Linked Moderate Income ETF) are both Derivative Income funds. Both are actively managed. Their -0.01 correlation means they have often moved in opposite directions in the past. TSYY charges 1.15%/yr vs 0.59%/yr for JELM.
Performance
TSYY vs. JELM - Performance Comparison
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Returns By Period
TSYY
- 1D
- -0.24%
- 1M
- -9.00%
- 6M
- -15.72%
- YTD
- -22.59%
- 1Y
- -10.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -24.76%
JELM
- 1D
- -0.10%
- 1M
- 1.05%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $214.60K | $418.55K | $965.66K | |
| $700.98K | $643.64K | $1.68M |
TSYY vs. JELM - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TSYY GraniteShares YieldBOOST TSLA ETF | -8.70% |
JELM Janus Henderson Equity Linked Moderate Income ETF | 2.24% |
Correlation
The correlation between TSYY and JELM is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 22, 2026 | -0.01 |
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Return for Risk
TSYY vs. JELM — Risk / Return Rank
TSYY
JELM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSYY vs. JELM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST TSLA ETF (TSYY) and Janus Henderson Equity Linked Moderate Income ETF (JELM). 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.
| TSYY | JELM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.96 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | — | — |
| Martin ratioReturn relative to average drawdown | -0.59 | — | — |
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Drawdowns
TSYY vs. JELM - Drawdown Comparison
The maximum TSYY drawdown since its inception was -42.66%, which is greater than JELM's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for TSYY and JELM.
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Drawdown Indicators
| TSYY | JELM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.66% | -0.69% | -41.97% |
Max Drawdown (1Y)Largest decline over 1 year | -33.02% | — | — |
Current DrawdownCurrent decline from peak | -41.24% | -0.35% | -40.89% |
Average DrawdownAverage peak-to-trough decline | -27.16% | -0.21% | -26.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.36% | — | — |
Volatility
TSYY vs. JELM - Volatility Comparison
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Volatility by Period
| TSYY | JELM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.49% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.24% | 3.67% | +25.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.28% | 3.67% | +32.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.28% | 3.67% | +32.61% |
TSYY vs. JELM - Expense Ratio Comparison
TSYY has a 1.15% expense ratio, which is higher than JELM's 0.59% expense ratio.
Dividends
TSYY vs. JELM - Dividend Comparison
TSYY's dividend yield for the trailing twelve months is around 245.41%, more than JELM's 1.21% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JELM Janus Henderson Equity Linked Moderate Income ETF | 1.21% | 0.00% | 0.00% |
TSYY GraniteShares YieldBOOST TSLA ETF | 245.41% | 256.64% | 0.19% |
Frequently Asked Questions
TSYY and JELM have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JELM is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JELM is cheaper with a 0.59% expense ratio, compared with 1.15% for TSYY.
TSYY has the higher dividend yield at 245.41%, compared with 1.21% for JELM.
They also come from different issuers: GraniteShares and Janus Henderson. Their fees differ too: 1.15% for TSYY and 0.59% for JELM.
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