TSYY vs. TSLW

Last updated Aug 2, 2026

TSYY (GraniteShares YieldBOOST TSLA ETF) and TSLW (Roundhill TSLA WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. Over the past year, TSYY returned -9.90% vs -3.40% for TSLW. Their correlation of 0.90 means they have usually moved in the same direction. TSYY charges 1.15%/yr vs 0.99%/yr for TSLW.

Performance

TSYY vs. TSLW - Performance Comparison

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

Returns By Period

In the year-to-date period, TSYY achieves a -23.02% return, which is significantly higher than TSLW's -38.16% return.

TSYY

• 1D: 0.67%
• 1M: -6.99%
• 6M: -22.45%
• YTD: -23.02%
• 1Y: -9.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -25.20%

TSLW

• 1D: 1.15%
• 1M: -25.15%
• 6M: -34.54%
• YTD: -38.16%
• 1Y: -3.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -14.25%

*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)
TSLW Roundhill TSLA WeeklyPay™ ETF	$2.02M	$1.80M	$2.69M
TSYY GraniteShares YieldBOOST TSLA ETF	$760.06K	$828.41K	$1.81M

TSYY vs. TSLW - Yearly Performance Comparison

	2026 (YTD)	2025
TSYY GraniteShares YieldBOOST TSLA ETF	-23.02%	4.98%
TSLW Roundhill TSLA WeeklyPay™ ETF	-38.16%	35.28%

Correlation

The correlation between TSYY and TSLW is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025	0.90

The correlation between TSYY and TSLW has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

TSYY vs. TSLW — Risk / Return Rank

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

TSYY

TSYY Risk / Return Rank: 6
TSYY Sharpe Ratio Rank: 6
TSYY Sortino Ratio Rank: 6
TSYY Omega Ratio Rank: 6
TSYY Calmar Ratio Rank: 6
TSYY Martin Ratio Rank: 6

TSLW

TSLW Risk / Return Rank: 10
TSLW Sharpe Ratio Rank: 9
TSLW Sortino Ratio Rank: 12
TSLW Omega Ratio Rank: 12
TSLW Calmar Ratio Rank: 9
TSLW Martin Ratio Rank: 9

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.

TSYY vs. TSLW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST TSLA ETF (TSYY) 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.

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	TSLW	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	-0.10	-0.33
Sortino ratio: Return per unit of downside risk	-0.40	0.25	-0.65
Omega ratio: Gain probability vs. loss probability	0.95	1.03	-0.08
Calmar ratio: Return relative to maximum drawdown	-0.38	-0.12	-0.26
Martin ratio: Return relative to average drawdown	-0.70	-0.29	-0.41

TSYY vs. TSLW - Sharpe Ratio Comparison

The current TSYY Sharpe Ratio is -0.43, which is lower than the TSLW Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of TSYY and TSLW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSYY vs. TSLW - Drawdown Comparison

The maximum TSYY drawdown since its inception was -42.66%, smaller than the maximum TSLW drawdown of -47.19%. Use the drawdown chart below to compare losses from any high point for TSYY and TSLW.

Drawdown Indicators

	TSYY	TSLW	Difference
Max Drawdown Largest peak-to-trough decline	-42.66%	-47.19%	+4.53%
Max Drawdown (1Y) Largest decline over 1 year	-33.02%	-47.19%	+14.17%
Current Drawdown Current decline from peak	-41.57%	-44.27%	+2.70%
Average Drawdown Average peak-to-trough decline	-27.05%	-14.92%	-12.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.04%	19.01%	-0.97%

Volatility

TSYY vs. TSLW - Volatility Comparison

The current volatility for GraniteShares YieldBOOST TSLA ETF (TSYY) is 6.96%, while Roundhill TSLA WeeklyPay™ ETF (TSLW) has a volatility of 24.91%. This indicates that TSYY experiences smaller price fluctuations and is considered to be less risky than TSLW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSYY	TSLW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	24.91%	-17.95%
Volatility (6M) Calculated over the trailing 6-month period	17.02%	41.72%	-24.70%
Volatility (1Y) Calculated over the trailing 1-year period	29.54%	55.54%	-26.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.41%	58.84%	-22.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.41%	58.84%	-22.43%

TSYY vs. TSLW - Expense Ratio Comparison

TSYY has a 1.15% expense ratio, which is higher than TSLW's 0.99% expense ratio.

Dividends

TSYY vs. TSLW - Dividend Comparison

TSYY's dividend yield for the trailing twelve months is around 256.16%, more than TSLW's 121.20% yield.

Position	TTM	2025	2024
TSLW Roundhill TSLA WeeklyPay™ ETF	121.20%	49.31%	0.00%
TSYY GraniteShares YieldBOOST TSLA ETF	246.79%	256.64%	0.19%

Frequently Asked Questions

Can I hold both TSYY and TSLW in my portfolio?

With a correlation of 0.90, TSYY and TSLW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, TSYY or TSLW?

TSLW has higher volatility (24.91%) compared to TSYY (6.96%). In terms of maximum drawdown, TSYY dropped -42.66% vs TSLW's -47.19%.

Which ETF is better, TSYY or TSLW?

On 1-year performance, TSLW leads with -3.40% vs -9.90% for TSYY. On fees, TSLW is cheaper at 0.99% per year. On volatility, TSYY has been the lower-risk option at 6.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSYY or TSLW?

Over the 1-year period, TSLW has performed better with a -3.40% return vs -9.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSYY or TSLW?

TSLW is cheaper with a 0.99% expense ratio, compared with 1.15% for TSYY.

Which ETF pays a higher dividend yield, TSYY or TSLW?

TSYY has the higher dividend yield at 246.79%, compared with 121.20% for TSLW.

What is the main difference between TSYY and TSLW?

They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.15% for TSYY and 0.99% for TSLW.

Which has better risk-adjusted returns?

TSLW currently has the higher Sharpe Ratio (-0.10 vs -0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.