VNQ vs. TSLY
VNQ (Vanguard Real Estate ETF) and TSLY (YieldMax TSLA Option Income Strategy ETF) are both exchange-traded funds - VNQ is a REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index, while TSLY is a Options Trading fund actively managed by YieldMax. VNQ is passively managed, while TSLY is actively managed. Over the past 3 years, VNQ returned 9.24%/yr vs 11.84%/yr for TSLY. At a 0.27 correlation, their price movements are largely independent. VNQ charges 0.13%/yr vs 1.07%/yr for TSLY.
Performance
VNQ vs. TSLY - Performance Comparison
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Returns By Period
In the year-to-date period, VNQ achieves a 9.04% return, which is significantly higher than TSLY's -4.80% return.
VNQ
- 1D
- -1.36%
- 1M
- -1.19%
- YTD
- 9.04%
- 6M
- 9.17%
- 1Y
- 10.45%
- 3Y*
- 9.24%
- 5Y*
- 1.97%
- 10Y*
- 5.30%
TSLY
- 1D
- 4.18%
- 1M
- -3.87%
- YTD
- -4.80%
- 6M
- -2.72%
- 1Y
- 38.89%
- 3Y*
- 11.84%
- 5Y*
- —
- 10Y*
- —
VNQ vs. TSLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VNQ Vanguard Real Estate ETF | 9.04% | 3.24% | 4.81% | 11.85% | -3.21% |
TSLY YieldMax TSLA Option Income Strategy ETF | -4.80% | 13.62% | 27.83% | 50.69% | -27.09% |
Correlation
The correlation between VNQ and TSLY is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2022 | 0.27 |
The correlation between VNQ and TSLY shifts across timeframes, from 0.12 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VNQ vs. TSLY — Risk / Return Rank
VNQ
TSLY
VNQ vs. TSLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Real Estate ETF (VNQ) 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.
| VNQ | TSLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.19 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 1.81 | -0.55 |
| Martin ratioReturn relative to average drawdown | 3.96 | 4.37 | -0.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VNQ | TSLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 1.09 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.28 | -0.01 |
Drawdowns
VNQ vs. TSLY - Drawdown Comparison
The maximum VNQ drawdown since its inception was -73.07%, which is greater than TSLY's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for VNQ and TSLY.
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Drawdown Indicators
| VNQ | TSLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.07% | -49.52% | -23.55% |
Max Drawdown (1Y)Largest decline over 1 year | -8.34% | -21.64% | +13.30% |
Max Drawdown (3Y)Largest decline over 3 years | -17.46% | -49.52% | +32.06% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.40% | — | — |
Current DrawdownCurrent decline from peak | -2.67% | -10.98% | +8.31% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -19.97% | +6.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 8.93% | -6.28% |
Volatility
VNQ vs. TSLY - Volatility Comparison
The current volatility for Vanguard Real Estate ETF (VNQ) is 4.13%, while YieldMax TSLA Option Income Strategy ETF (TSLY) has a volatility of 12.39%. This indicates that VNQ 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.
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Volatility by Period
| VNQ | TSLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 12.39% | -8.26% |
Volatility (6M)Calculated over the trailing 6-month period | 9.53% | 23.46% | -13.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.38% | 35.88% | -22.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.82% | 45.60% | -26.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.71% | 45.60% | -24.89% |
VNQ vs. TSLY - Expense Ratio Comparison
VNQ has a 0.13% expense ratio, which is lower than TSLY's 1.07% expense ratio.
Dividends
VNQ vs. TSLY - Dividend Comparison
VNQ's dividend yield for the trailing twelve months is around 3.65%, less than TSLY's 88.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSLY YieldMax TSLA Option Income Strategy ETF | 88.79% | 91.19% | 82.30% | 76.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VNQ Vanguard Real Estate ETF | 3.65% | 3.92% | 3.85% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% |
Frequently Asked Questions
VNQ and TSLY have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLY has higher volatility (12.39%) compared to VNQ (4.13%). In terms of maximum drawdown, VNQ dropped -73.07% vs TSLY's -49.52%.
On 3-year performance, TSLY leads with 11.84% vs 9.24% for VNQ. On fees, VNQ is cheaper at 0.13% per year. On volatility, VNQ has been the lower-risk option at 4.13%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, TSLY has performed better with a 11.84% return vs 9.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VNQ is cheaper with a 0.13% expense ratio, compared with 1.07% for TSLY.
TSLY has the higher dividend yield at 88.79%, compared with 3.65% for VNQ.
VNQ is categorized as REIT, while TSLY is Options Trading. They also come from different issuers: Vanguard and YieldMax. Their fees differ too: 0.13% for VNQ and 1.07% for TSLY.
TSLY currently has the higher Sharpe Ratio (1.09 vs 0.79), 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.
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