FIAT vs TSLY
YieldMax Short COIN Option Income Strategy ETF vs YieldMax TSLA Option Income Strategy ETF
Which is better, FIAT or TSLY?
Opposite sides of the same exposure.
FIAT has a lower expense ratio. FIAT led over 1Y, TSLY over the full window. The two move opposite each other, correlation -0.53, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FIAT | TSLY |
|---|---|---|
| Expense Ratio | 1.05%Best | 1.07% |
| AUM | $30M | $677M |
| Dividend Yield | 122.18% | 99.27% |
| Holdings | 15 | 34 |
| YTD Return | +4.11%Best | -12.87% |
| 1Y Return | +35.51%Best | -9.45% |
| 3Y Return (annualized) | - | +6.07% |
| Volatility (annualized) | 55.0% | 43.0%Best |
| Max Drawdown | -70.5% | -49.5%Best |
| $10,000 over 2.3 years | $5,438 | $12,254Best |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jul 9, 2024 | Nov 22, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 10, 2024 to Oct 14, 2026 (2.3 years).
FIAT vs TSLY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
FIAT vs TSLY Performance
YieldMax Short COIN Option Income Strategy ETF (FIAT) is an ETF from YieldMax ETF and YieldMax TSLA Option Income Strategy ETF (TSLY) is an ETF from YieldMax ETF. Over the past year FIAT returned +35.51% while TSLY returned -9.45%. Year to date, FIAT is up 4.11% versus a loss of 12.87% for TSLY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FIAT has been the more volatile fund, with annualized monthly volatility of 55.0% compared with 43.0% for TSLY. 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 -70.5% for FIAT and -49.5% for TSLY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.53. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
FIAT charges 1.05% per year while TSLY charges 1.07%. On a $10,000 position that is $105 vs $107 annually, a gap of $2 per year that compounds over a long holding period. On income, FIAT currently yields 122.18% against 99.27% for TSLY.
Holdings Overlap
We hold position weights for 2 holdings in FIAT and 2 in TSLY, totalling 18.2% and 26.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
2 positions in common, counted across the 2 positions we hold weights for in FIAT and 2 in TSLY, against full books of 15 and 34.
Top Shared Holdings
| Stock | Weight in FIAT | Weight in TSLY | Difference |
|---|---|---|---|
| T 2.375 05/15/27United States Treasury Note/Bond 2.375% 05/15/2027 2.375 05/15/2027 | 1.00% | 24.38% | 23.38% |
| FGXXXFirst American Government Obligations Fund | 17.22% | 2.53% | 14.69% |
You are not choosing between two funds in isolation.
Whichever of FIAT and TSLY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FIAT or TSLY?
FIAT has an expense ratio of 1.05% while TSLY charges 1.07%. FIAT is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, FIAT or TSLY?
Over the past year FIAT returned +35.51% vs -9.45% for TSLY, so FIAT leads on 1-year performance. Over the longest common window we track (2 years), FIAT annualized -23.27% vs +9.24% for TSLY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FIAT or TSLY?
FIAT has been the more volatile fund at 55.0% annualized versus 43.0% for TSLY. Worst drawdown: FIAT -70.5% vs TSLY -49.5%.
Should I hold both FIAT and TSLY?
FIAT and TSLY have a monthly-return correlation of -0.53, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, FIAT or TSLY?
FIAT yields 122.18% while TSLY yields 99.27%, so FIAT currently pays the higher dividend yield.
Is TSLY better than FIAT?
FIAT has a lower expense ratio. FIAT led over 1Y, TSLY over the full window. The two move opposite each other, correlation -0.53, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.