TYYY vs. JELM

Last updated Aug 5, 2026

TYYY (xETFs TSLA Daily Income 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. TYYY charges 0.99%/yr vs 0.59%/yr for JELM.

Performance

TYYY vs. JELM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in xETFs TSLA Daily Income ETF (TYYY) and Janus Henderson Equity Linked Moderate Income ETF (JELM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TYYY

• 1D: 1.83%
• 1M: -16.95%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

JELM

• 1D: 0.20%
• 1M: 1.29%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
JELM Janus Henderson Equity Linked Moderate Income ETF	$199.95K	$786.17K	$963.17K
TYYY xETFs TSLA Daily Income ETF	$3.40K	$7.54K	$12.78K

TYYY vs. JELM - Yearly Performance Comparison

	2026 (YTD)
TYYY xETFs TSLA Daily Income ETF	-24.35%
JELM Janus Henderson Equity Linked Moderate Income ETF	1.90%

Correlation

The correlation between TYYY 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 May 15, 2026	-0.01

Return for Risk

TYYY vs. JELM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for xETFs TSLA Daily Income ETF (TYYY) 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.

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

Drawdowns

TYYY vs. JELM - Drawdown Comparison

The maximum TYYY drawdown since its inception was -33.23%, which is greater than JELM's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for TYYY and JELM.

Drawdown Indicators

	TYYY	JELM	Difference
Max Drawdown Largest peak-to-trough decline	-33.23%	-0.69%	-32.54%
Current Drawdown Current decline from peak	-26.61%	-0.25%	-26.36%
Average Drawdown Average peak-to-trough decline	-11.82%	-0.21%	-11.61%

Volatility

Volatility by Period

	TYYY	JELM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	55.01%	3.69%	+51.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.01%	3.69%	+51.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.01%	3.69%	+51.32%

TYYY vs. JELM - Expense Ratio Comparison

TYYY has a 0.99% expense ratio, which is higher than JELM's 0.59% expense ratio.

Dividends

TYYY vs. JELM - Dividend Comparison

TYYY's dividend yield for the trailing twelve months is around 4.30%, more than JELM's 1.21% yield.

Position	TTM
JELM Janus Henderson Equity Linked Moderate Income ETF	1.21%
TYYY xETFs TSLA Daily Income ETF	4.30%

Frequently Asked Questions

Can I hold both TYYY and JELM in my portfolio?

TYYY 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.

Which ETF is better, TYYY or JELM?

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.

Which ETF is cheaper, TYYY or JELM?

JELM is cheaper with a 0.59% expense ratio, compared with 0.99% for TYYY.

Which ETF pays a higher dividend yield, TYYY or JELM?

TYYY has the higher dividend yield at 4.30%, compared with 1.21% for JELM.

What is the main difference between TYYY and JELM?

They also come from different issuers: xETFs and Janus Henderson. Their fees differ too: 0.99% for TYYY and 0.59% for JELM.