TSDD vs VYM
GraniteShares 2x Short TSLA Daily ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | TSDD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.04% | |
| AUM | $31M | $79.0B | |
| Dividend Yield | 9.29% | 2.86% | |
| Holdings | 2 | 568 | |
| YTD Return | +25.37% | +15.80% | |
| 1Y Return | -46.02% | +26.12% | |
| 3Y Return (annualized) | -70.00% | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 101.7% | 14.6% | |
| Max Drawdown | -99.0% | -58.8% | |
| Fund Family | GraniteShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Aug 21, 2023 | Nov 10, 2006 |
TSDD vs VYM Performance
GraniteShares 2x Short TSLA Daily ETF (TSDD) is a ETF from GraniteShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TSDD returned -46.02% while VYM returned +26.12%. Year to date, TSDD is up 25.37% versus a gain of 15.80% for VYM.
Over three years, TSDD compounded at -70.00% per year against +18.25% for VYM. Across the full 3-year window we track, VYM has the edge at +7.07% annualized vs -70.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSDD has been the more volatile fund, with annualized monthly volatility of 101.7% compared with 14.6% for VYM. 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 -99.0% for TSDD and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.04. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
TSDD charges 0.95% per year while VYM charges 0.04%. On a $10,000 position that is $95 vs $4 annually, a gap of $91 per year that compounds over a long holding period. On income, TSDD currently yields 9.29% against 2.86% for VYM.
Holdings Overlap
TSDD and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, TSDD or VYM?
TSDD has an expense ratio of 0.95% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $91 per year of difference.
Which performed better, TSDD or VYM?
Over the past year TSDD returned -46.02% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), TSDD annualized -70.00% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, TSDD or VYM?
TSDD has been the more volatile fund at 101.7% annualized versus 14.6% for VYM. Worst drawdown: TSDD -99.0% vs VYM -58.8%.
Should I hold both TSDD and VYM?
TSDD and VYM have a monthly-return correlation of -0.04, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TSDD and VYM?
TSDD and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, TSDD or VYM?
TSDD yields 9.29% while VYM yields 2.86%, so TSDD currently pays the higher dividend yield.
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