TSLY vs WDTE
YieldMax TSLA Option Income Strategy ETF vs Defiance S&P 500 Weekly Distribution ETF
Which is better, TSLY or WDTE?
WDTE has been ahead.
WDTE has a lower expense ratio. WDTE 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 | TSLY | WDTE |
|---|---|---|
| Expense Ratio | 1.07% | 1.03%Best |
| AUM | $677M | $73M |
| Dividend Yield | 99.27% | 32.78% |
| Holdings | 34 | 10 |
| YTD Return | -12.87% | +13.58%Best |
| 1Y Return | -9.45% | +16.98%Best |
| 3Y Return (annualized) | +6.07% | +14.59%Best |
| Volatility (annualized) | 41.8% | 10.2%Best |
| Max Drawdown | -49.5% | -15.8%Best |
| $10,000 over 3.1 years | $11,837 | $15,076Best |
| Fund Family | YieldMax ETF | Defiance ETFs, LLC |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Nov 22, 2022 | Sep 18, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 19, 2023 to Oct 14, 2026 (3.1 years).
TSLY vs WDTE 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 3.1 years both funds cover.
TSLY vs WDTE Performance
YieldMax TSLA Option Income Strategy ETF (TSLY) is an ETF from YieldMax ETF and Defiance S&P 500 Weekly Distribution ETF (WDTE) is an ETF from Defiance ETFs, LLC. Over the past year TSLY returned -9.45% while WDTE returned +16.98%. Year to date, TSLY is down 12.87% versus a gain of 13.58% for WDTE.
Over three years, TSLY compounded at +6.07% per year against +14.59% for WDTE.
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 10.2% for WDTE. 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 -15.8% for WDTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TSLY charges 1.07% per year while WDTE charges 1.03%. On a $10,000 position that is $107 vs $103 annually, a gap of $4 per year that compounds over a long holding period. On income, TSLY currently yields 99.27% against 32.78% for WDTE.
Holdings Overlap
We hold position weights for 2 holdings in TSLY and 1 in WDTE, totalling 26.9% and 7.2% 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, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in TSLY and 1 in WDTE, against full books of 34 and 10.
Top Shared Holdings
| Stock | Weight in TSLY | Weight in WDTE | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 2.53% | 7.18% | 4.65% |
You are not choosing between two funds in isolation.
Whichever of TSLY and WDTE 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, TSLY or WDTE?
TSLY has an expense ratio of 1.07% while WDTE charges 1.03%. WDTE is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, TSLY or WDTE?
Over the past year TSLY returned -9.45% vs +16.98% for WDTE, so WDTE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSLY or WDTE?
TSLY has been the more volatile fund at 41.8% annualized versus 10.2% for WDTE. Worst drawdown: TSLY -49.5% vs WDTE -15.8%.
Should I hold both TSLY and WDTE?
TSLY and WDTE have a monthly-return correlation of 0.38, 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, TSLY or WDTE?
TSLY yields 99.27% while WDTE yields 32.78%, so TSLY currently pays the higher dividend yield.
Is WDTE better than TSLY?
WDTE has a lower expense ratio. WDTE 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.