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YieldMax TSLA Option Income Strategy ETF (TSLY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on TSLA. TSLY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of TSLA.
TSLY ETF Review
The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the share price of the common stock of Tesla, Inc. (TSLA), subject to a limit on potential investment gains.
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ETF | SCHD | QYLD | JEPI | TSLP | YTSL | SVOL | SPY | TSLY | |
Inception | 2011-10-20 | 2013-12-11 | 2020-05-20 | 2023-10-26 | 2022-12-19 | 2021-05-12 | 1993-01-22 | 2022-11-22 | |
AUM | $47,182,542,048 | $8,070,000,000 | $25,480,000,000 | N/A | $87,800,000 | $366,580,992 | $415,859,000,000 | $306,570,000 | |
Holdings | 104 | 102 | 133 | 1 | 1 | N/A | 503 | 1 | |
MER | 0.06% | 0.60% | 0.35% | 0.99% | 1.70% | 0.66% | 0.0945% | 0.99% | |
Yield | 3.80% | 12.15% | 11.27% | N/A | N/A | 16.76% | 1.48% | N/A | |
Distributions | Quarterly | Monthly | Monthly | Monthly | Monthly | Monthly | Quarterly | Monthly | |
YTD | -2.15% | 18.38% | 5.51% | N/A | N/A | 14.31% | 16.83% | 60.45% | |
1M | 5.32% | 1.81% | 3.04% | N/A | N/A | 5.22% | 6.58% | 16.07% | |
3M | 0.18% | 6.55% | 3.73% | N/A | N/A | 10.09% | 8.70% | 14.05% | |
1Y | 5.10% | 14.56% | 11.30% | N/A | N/A | 23.14% | 19.46% | N/A | |
3Y | 15.83% | 6.83% | 12.97% | N/A | N/A | N/A | 14.47% | N/A | |
5Y | 11.75% | 5.79% | N/A | N/A | N/A | N/A | 12.16% | N/A | |
10Y | 11.72% | N/A | N/A | N/A | N/A | N/A | 12.72% | N/A |
TSLY vs YTSL
Tesla (TSLA) Yield Shares Purpose ETF (YTSL.NE) has been outperforming YieldMax TSLA Option Income Strategy ETF (TSLY) since inception. This is due to the unhedged Canadian investment compared to the American equivalent investment offered by YieldMax. YTSL is the better option for Canadians to avoid the currency exchange.
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Advice | InvestCAN | InvestRESP | InvestUSA | RetireCAN | RetireMGN |
$500.00 CAD $400.00 USD | $99.99 CAD | $79.99 USD | $99.99 CAD | $12.99 CAD $9.99 USD |