TSYY vs. TSLY

Last updated Apr 1, 2026

Compare and contrast key facts about GraniteShares YieldBOOST TSLA ETF (TSYY) and YieldMax TSLA Option Income Strategy ETF (TSLY).

TSYY and TSLY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSYY is an actively managed fund by GraniteShares. It was launched on Dec 17, 2024. TSLY is an actively managed fund by YieldMax. It was launched on Nov 22, 2022.

Performance

TSYY vs. TSLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST TSLA ETF (TSYY) and YieldMax TSLA Option Income Strategy ETF (TSLY). The values are adjusted to include any dividend payments, if applicable.

TSYY vs. TSLY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TSYY GraniteShares YieldBOOST TSLA ETF	-14.82%	-15.96%	-0.18%
TSLY YieldMax TSLA Option Income Strategy ETF	-10.58%	13.62%	-7.30%

Returns By Period

In the year-to-date period, TSYY achieves a -14.82% return, which is significantly lower than TSLY's -10.58% return.

TSYY

• 1D: 2.06%
• 1M: -7.50%
• YTD: -14.82%
• 6M: -20.99%
• 1Y: -1.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLY

• 1D: 4.28%
• 1M: -4.61%
• YTD: -10.58%
• 6M: -7.92%
• 1Y: 50.14%
• 3Y*: 11.46%
• 5Y*: —
• 10Y*: —

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

TSYY vs. TSLY - Expense Ratio Comparison

Both TSYY and TSLY have an expense ratio of 0.99%.

TSYY

GraniteShares YieldBOOST TSLA ETF

TSLY

YieldMax TSLA Option Income Strategy ETF

Return for Risk

TSYY vs. TSLY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSYY

TSYY Risk / Return Rank: 12
TSYY Sharpe Ratio Rank: 12
TSYY Sortino Ratio Rank: 13
TSYY Omega Ratio Rank: 13
TSYY Calmar Ratio Rank: 10
TSYY Martin Ratio Rank: 10

TSLY

TSLY Risk / Return Rank: 70
TSLY Sharpe Ratio Rank: 68
TSLY Sortino Ratio Rank: 70
TSLY Omega Ratio Rank: 64
TSLY Calmar Ratio Rank: 86
TSLY Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSYY vs. TSLY - Risk-Adjusted Trends Comparison

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

	TSYY	TSLY	Difference
Sharpe ratio Return per unit of total volatility	-0.04	1.14	-1.18
Sortino ratio Return per unit of downside risk	0.19	1.68	-1.49
Omega ratio Gain probability vs. loss probability	1.02	1.22	-0.20
Calmar ratio Return relative to maximum drawdown	-0.12	2.46	-2.58
Martin ratio Return relative to average drawdown	-0.31	5.91	-6.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TSYY vs. TSLY - Sharpe Ratio Comparison

The current TSYY Sharpe Ratio is -0.04, which is lower than the TSLY Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of TSYY and TSLY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TSYY	TSLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.04	1.14	-1.18
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	0.25	-0.84

Correlation

The correlation between TSYY and TSLY is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TSYY vs. TSLY - Dividend Comparison

TSYY's dividend yield for the trailing twelve months is around 311.77%, more than TSLY's 97.66% yield.

	TTM	2025	2024	2023
TSYY GraniteShares YieldBOOST TSLA ETF	311.77%	256.64%	0.19%	0.00%
TSLY YieldMax TSLA Option Income Strategy ETF	97.66%	91.19%	82.30%	76.47%

Drawdowns

TSYY vs. TSLY - Drawdown Comparison

The maximum TSYY drawdown since its inception was -41.52%, smaller than the maximum TSLY drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for TSYY and TSLY.

Drawdown Indicators

	TSYY	TSLY	Difference
Max Drawdown Largest peak-to-trough decline	-41.52%	-49.52%	+8.00%
Max Drawdown (1Y) Largest decline over 1 year	-26.00%	-19.82%	-6.18%
Current Drawdown Current decline from peak	-35.35%	-16.39%	-18.96%
Average Drawdown Average peak-to-trough decline	-24.51%	-20.40%	-4.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.44%	8.23%	+2.21%

Volatility

TSYY vs. TSLY - Volatility Comparison

The current volatility for GraniteShares YieldBOOST TSLA ETF (TSYY) is 7.18%, while YieldMax TSLA Option Income Strategy ETF (TSLY) has a volatility of 9.88%. This indicates that TSYY experiences smaller price fluctuations and is considered to be less risky than TSLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSYY	TSLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	9.88%	-2.70%
Volatility (6M) Calculated over the trailing 6-month period	24.75%	24.59%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	35.90%	44.24%	-8.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.56%	46.07%	-6.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.56%	46.07%	-6.51%