NFLY vs TSPY
YieldMax NFLX Option Income Strategy ETF vs TappAlpha S&P 500 Growth & Daily Income ETF
Which is better, NFLY or TSPY?
TSPY has been ahead.
TSPY has a lower expense ratio. TSPY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NFLY | TSPY |
|---|---|---|
| Expense Ratio | 1.01% | 0.68%Best |
| AUM | $28M | $391M |
| Dividend Yield | 66.43% | 15.44% |
| Holdings | 17 | 7 |
| YTD Return | -28.42% | +7.64%Best |
| 1Y Return | -40.17% | +8.79%Best |
| 3Y Return (annualized) | +7.56% | - |
| Volatility (annualized) | 27.9% | 12.2%Best |
| Max Drawdown | -48.8% | -18.0%Best |
| $10,000 over 2.2 years | $9,238 | $13,527Best |
| Fund Family | YieldMax ETF | TappAlpha |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 7, 2023 | Aug 14, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 15, 2024 to Nov 10, 2026 (2.2 years).
NFLY vs TSPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
NFLY vs TSPY Performance
YieldMax NFLX Option Income Strategy ETF (NFLY) is an ETF from YieldMax ETF and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha. Over the past year NFLY returned -40.17% while TSPY returned +8.79%. Year to date, NFLY is down 28.42% versus a gain of 7.64% for TSPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NFLY has been the more volatile fund, with annualized monthly volatility of 27.9% compared with 12.2% for TSPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -48.8% for NFLY and -18.0% for TSPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.10. They move largely independently of each other.
Fees and Cost Over Time
NFLY charges 1.01% per year while TSPY charges 0.68%. On a $10,000 position that is $101 vs $68 annually, a gap of $33 per year that compounds over a long holding period. On income, NFLY currently yields 66.43% against 15.44% for TSPY.
Holdings Overlap
We hold position weights for 2 holdings in NFLY and 2 in TSPY, totalling 29.3% and 99.7% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in NFLY and 2 in TSPY, against full books of 17 and 7.
Top Shared Holdings
| Stock | Weight in NFLY | Weight in TSPY | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 3.04% | 0.07% | 2.97% |
You are not choosing between two funds in isolation.
Whichever of NFLY and TSPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NFLY or TSPY?
NFLY has an expense ratio of 1.01% while TSPY charges 0.68%. TSPY is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, NFLY or TSPY?
Over the past year NFLY returned -40.17% vs +8.79% for TSPY, so TSPY leads on 1-year performance. Over the longest common window we track (2 years), NFLY annualized -3.54% vs +14.72% for TSPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NFLY or TSPY?
NFLY has been the more volatile fund at 27.9% annualized versus 12.2% for TSPY. Worst drawdown: NFLY -48.8% vs TSPY -18.0%.
Should I hold both NFLY and TSPY?
NFLY and TSPY have a monthly-return correlation of 0.10, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NFLY or TSPY?
NFLY yields 66.43% while TSPY yields 15.44%, so NFLY currently pays the higher dividend yield.
Is TSPY better than NFLY?
TSPY has a lower expense ratio. TSPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.