VOE vs. TSLY
VOE (Vanguard Mid-Cap Value ETF) and TSLY (YieldMax TSLA Option Income Strategy ETF) are both exchange-traded funds - VOE is a Mid Cap Value Equities fund tracking the CRSP US Mid Cap Value Index, while TSLY is a Options Trading fund actively managed by YieldMax. VOE is passively managed, while TSLY is actively managed. Over the past 3 years, VOE returned 15.80%/yr vs 11.84%/yr for TSLY. At a 0.35 correlation, their price movements are largely independent. VOE charges 0.05%/yr vs 1.07%/yr for TSLY.
Performance
VOE vs. TSLY - Performance Comparison
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Returns By Period
In the year-to-date period, VOE achieves a 10.52% return, which is significantly higher than TSLY's -4.80% return.
VOE
- 1D
- -0.22%
- 1M
- 1.68%
- YTD
- 10.52%
- 6M
- 11.54%
- 1Y
- 22.48%
- 3Y*
- 15.80%
- 5Y*
- 8.50%
- 10Y*
- 10.54%
TSLY
- 1D
- 4.18%
- 1M
- -3.87%
- YTD
- -4.80%
- 6M
- -2.72%
- 1Y
- 38.89%
- 3Y*
- 11.84%
- 5Y*
- —
- 10Y*
- —
VOE vs. TSLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VOE Vanguard Mid-Cap Value ETF | 10.52% | 12.08% | 14.00% | 9.85% | -3.03% |
TSLY YieldMax TSLA Option Income Strategy ETF | -4.80% | 13.62% | 27.83% | 50.69% | -27.09% |
Correlation
The correlation between VOE and TSLY is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2022 | 0.35 |
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Return for Risk
VOE vs. TSLY — Risk / Return Rank
VOE
TSLY
VOE vs. TSLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Value ETF (VOE) 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.
| VOE | TSLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.19 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | 1.81 | +1.45 |
| Martin ratioReturn relative to average drawdown | 12.35 | 4.37 | +7.98 |
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
| VOE | TSLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.97 | 1.09 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.28 | +0.16 |
Drawdowns
VOE vs. TSLY - Drawdown Comparison
The maximum VOE drawdown since its inception was -61.50%, which is greater than TSLY's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for VOE and TSLY.
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Drawdown Indicators
| VOE | TSLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.50% | -49.52% | -11.98% |
Max Drawdown (1Y)Largest decline over 1 year | -6.93% | -21.64% | +14.71% |
Max Drawdown (3Y)Largest decline over 3 years | -18.45% | -49.52% | +31.07% |
Max Drawdown (5Y)Largest decline over 5 years | -19.70% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.18% | — | — |
Current DrawdownCurrent decline from peak | -1.12% | -10.98% | +9.86% |
Average DrawdownAverage peak-to-trough decline | -8.35% | -19.97% | +11.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 8.93% | -7.11% |
Volatility
VOE vs. TSLY - Volatility Comparison
The current volatility for Vanguard Mid-Cap Value ETF (VOE) is 2.55%, while YieldMax TSLA Option Income Strategy ETF (TSLY) has a volatility of 12.39%. This indicates that VOE 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
| VOE | TSLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.55% | 12.39% | -9.84% |
Volatility (6M)Calculated over the trailing 6-month period | 8.20% | 23.46% | -15.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.51% | 35.88% | -24.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.04% | 45.60% | -29.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.83% | 45.60% | -26.77% |
VOE vs. TSLY - Expense Ratio Comparison
VOE has a 0.05% expense ratio, which is lower than TSLY's 1.07% expense ratio.
Dividends
VOE vs. TSLY - Dividend Comparison
VOE's dividend yield for the trailing twelve months is around 1.88%, 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% |
VOE Vanguard Mid-Cap Value ETF | 1.88% | 2.10% | 2.11% | 2.27% | 2.27% | 1.78% | 2.36% | 2.05% | 2.75% | 1.86% | 1.92% | 2.05% |
Frequently Asked Questions
VOE and TSLY have a correlation of 0.25, 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 VOE (2.55%). In terms of maximum drawdown, VOE dropped -61.50% vs TSLY's -49.52%.
On 3-year performance, VOE leads with 15.80% vs 11.84% for TSLY. On fees, VOE is cheaper at 0.05% per year. On volatility, VOE has been the lower-risk option at 2.55%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VOE has performed better with a 15.80% return vs 11.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOE is cheaper with a 0.05% expense ratio, compared with 1.07% for TSLY.
TSLY has the higher dividend yield at 88.79%, compared with 1.88% for VOE.
VOE is categorized as Mid Cap Value Equities, while TSLY is Options Trading. They also come from different issuers: Vanguard and YieldMax. Their fees differ too: 0.05% for VOE and 1.07% for TSLY.
VOE currently has the higher Sharpe Ratio (1.97 vs 1.09), 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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