PYPY vs TSLY
YieldMax PYPL Option Income Strategy ETF vs YieldMax TSLA Option Income Strategy ETF
Which is better, PYPY or TSLY?
TSLY has been ahead.
TSLY has a lower expense ratio. TSLY led over 1Y, 3Y and the full window.
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 | PYPY | TSLY |
|---|---|---|
| Expense Ratio | 1.31% | 1.07%Best |
| AUM | $12M | $677M |
| Dividend Yield | 65.20% | 99.27% |
| Holdings | 25 | 34 |
| YTD Return | -7.52%Best | -12.87% |
| 1Y Return | -20.49% | -9.45%Best |
| 3Y Return (annualized) | +0.18% | +6.07%Best |
| Volatility (annualized) | 30.7%Best | 41.8% |
| Max Drawdown | -53.6% | -49.5%Best |
| $10,000 over 3 years | $9,839 | $12,734Best |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Sep 25, 2023 | Nov 22, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 26, 2023 to Oct 14, 2026 (3 years).
PYPY 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 3 years both funds cover.
PYPY vs TSLY Performance
YieldMax PYPL Option Income Strategy ETF (PYPY) is an ETF from YieldMax ETF and YieldMax TSLA Option Income Strategy ETF (TSLY) is an ETF from YieldMax ETF. Over the past year PYPY returned -20.49% while TSLY returned -9.45%. Year to date, PYPY is down 7.52% versus a loss of 12.87% for TSLY.
Over three years, PYPY compounded at +0.18% per year against +6.07% for TSLY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLY has been the more volatile fund, with annualized monthly volatility of 41.8% compared with 30.7% for PYPY. 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 -53.6% for PYPY 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 0.07. They move largely independently of each other.
Fees and Cost Over Time
PYPY charges 1.31% per year while TSLY charges 1.07%. On a $10,000 position that is $131 vs $107 annually, a gap of $24 per year that compounds over a long holding period. On income, PYPY currently yields 65.20% against 99.27% for TSLY.
Holdings Overlap
We hold position weights for 2 holdings in PYPY and 2 in TSLY, totalling 21.3% 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 PYPY and 2 in TSLY, against full books of 25 and 34.
Top Shared Holdings
| Stock | Weight in PYPY | Weight in TSLY | Difference |
|---|---|---|---|
| T 2.375 05/15/27United States Treasury Note/Bond 2.375% 05/15/2027 2.375 05/15/2027 | 15.48% | 24.38% | 8.90% |
| FGXXXFirst American Government Obligations Fund | 5.84% | 2.53% | 3.31% |
You are not choosing between two funds in isolation.
Whichever of PYPY 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, PYPY or TSLY?
PYPY has an expense ratio of 1.31% while TSLY charges 1.07%. TSLY is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, PYPY or TSLY?
Over the past year PYPY returned -20.49% vs -9.45% for TSLY, so TSLY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PYPY or TSLY?
TSLY has been the more volatile fund at 41.8% annualized versus 30.7% for PYPY. Worst drawdown: PYPY -53.6% vs TSLY -49.5%.
Should I hold both PYPY and TSLY?
PYPY and TSLY have a monthly-return correlation of 0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PYPY or TSLY?
PYPY yields 65.20% while TSLY yields 99.27%, so TSLY currently pays the higher dividend yield.
Is TSLY better than PYPY?
TSLY has a lower expense ratio. TSLY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.