TSLT vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricTSLTVYMWinner
Expense Ratio1.05%0.04%
AUM$186M$79.0B
Dividend Yield0.00%2.86%
Holdings11568
YTD Return-54.69%+16.10%
1Y Return-34.40%+25.99%
3Y Return (annualized)-+18.29%
5Y Return (annualized)-+12.35%
Volatility (annualized)105.8%14.6%
Max Drawdown-83.2%-58.8%
Fund FamilyREX SharesVanguard (US)
CategoryAlternativeEquity
InceptionOct 19, 2023Nov 10, 2006

TSLT vs VYM Performance

T-Rex 2X Long Tesla Daily Target ETF (TSLT) is a ETF from REX Shares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TSLT returned -34.40% while VYM returned +25.99%. Year to date, TSLT is down 54.69% versus a gain of 16.10% for VYM.

Risk: Volatility and Drawdowns

TSLT has been the more volatile fund, with annualized monthly volatility of 105.8% 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 -83.2% for TSLT 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TSLT charges 1.05% per year while VYM charges 0.04%. On a $10,000 position that is $105 vs $4 annually, a gap of $101 per year that compounds over a long holding period. On income, TSLT currently yields 0.00% against 2.86% for VYM.

Frequently Asked Questions

Which is cheaper, TSLT or VYM?

TSLT has an expense ratio of 1.05% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $101 per year of difference.

Which performed better, TSLT or VYM?

Over the past year TSLT returned -34.40% vs +25.99% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), TSLT annualized -18.64% vs +7.08% for VYM. Past performance does not guarantee future results.

Which is riskier, TSLT or VYM?

TSLT has been the more volatile fund at 105.8% annualized versus 14.6% for VYM. Worst drawdown: TSLT -83.2% vs VYM -58.8%.

Should I hold both TSLT and VYM?

TSLT and VYM have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, TSLT or VYM?

TSLT yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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