TSLY 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

MetricTSLYVYMWinner
Expense Ratio1.04%0.04%
AUM$641M$79.0B
Dividend Yield83.30%2.86%
Holdings23568
YTD Return-20.05%+16.10%
1Y Return+1.67%+25.99%
3Y Return (annualized)+2.78%+18.29%
5Y Return (annualized)-+12.35%
Volatility (annualized)46.3%14.6%
Max Drawdown-49.5%-58.8%
Fund FamilyYieldMax ETFVanguard (US)
CategoryAlternativeEquity
InceptionNov 22, 2022Nov 10, 2006

TSLY vs VYM Performance

YieldMax TSLA Option Income Strategy ETF (TSLY) is a ETF from YieldMax ETF and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TSLY returned +1.67% while VYM returned +25.99%. Year to date, TSLY is down 20.05% versus a gain of 16.10% for VYM.

Over three years, TSLY compounded at +2.78% per year against +18.29% for VYM. Across the full 4-year window we track, VYM has the edge at +7.08% annualized vs +6.14%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TSLY has been the more volatile fund, with annualized monthly volatility of 46.3% 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 -49.5% for TSLY 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 0.17. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TSLY charges 1.04% per year while VYM charges 0.04%. On a $10,000 position that is $104 vs $4 annually, a gap of $100 per year that compounds over a long holding period. On income, TSLY currently yields 83.30% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

TSLY and VYM share 0 holdings out of 560 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, TSLY or VYM?

TSLY has an expense ratio of 1.04% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $100 per year of difference.

Which performed better, TSLY or VYM?

Over the past year TSLY returned +1.67% vs +25.99% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), TSLY annualized +6.14% vs +7.08% for VYM. Past performance does not guarantee future results.

Which is riskier, TSLY or VYM?

TSLY has been the more volatile fund at 46.3% annualized versus 14.6% for VYM. Worst drawdown: TSLY -49.5% vs VYM -58.8%.

Should I hold both TSLY and VYM?

TSLY and VYM have a monthly-return correlation of 0.17, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TSLY and VYM?

TSLY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 560 unique securities.

Which pays a higher dividend, TSLY or VYM?

TSLY yields 83.30% while VYM yields 2.86%, so TSLY currently pays the higher dividend yield.

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