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 613 holdings.
Side-by-Side Comparison
| Metric | TSDD | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.04% | |
| AUM | $20M | $81.6B | |
| Dividend Yield | 5.70% | 2.24% | |
| Holdings | 1 | 613 | |
| YTD Return | -3.33% | +14.57% | |
| 1Y Return | -55.58% | +21.08% | |
| 3Y Return (annualized) | -71.19% | +18.16% | |
| 5Y Return (annualized) | - | +12.00% | |
| Volatility (annualized) | 102.7% | 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 -55.58% while VYM returned +21.08%. Year to date, TSDD is down 3.33% versus a gain of 14.57% for VYM.
Over three years, TSDD compounded at -71.19% per year against +18.16% for VYM. Across the full 3-year window we track, VYM has the edge at +6.99% annualized vs -71.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSDD has been the more volatile fund, with annualized monthly volatility of 102.7% 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 5.70% against 2.24% for VYM.
Holdings Overlap
TSDD and VYM share 0 holdings out of 604 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 -55.58% vs +21.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), TSDD annualized -71.74% vs +6.99% for VYM. Past performance does not guarantee future results.
Which is riskier, TSDD or VYM?
TSDD has been the more volatile fund at 102.7% 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 604 unique securities.
Which pays a higher dividend, TSDD or VYM?
TSDD yields 5.70% while VYM yields 2.24%, so TSDD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.