YieldMax TSLA Option Income Strategy ETF
$22.93+0.04 (+0.15%)
- Expense ratio
- 1.07%
- Fund size
- $703M
- 1Y return
- −5.5%
- Yield · Last 12 months
- 95.10%
- Holdings
- 10
- Volume · 30D
- 0.5M sh
- NAV per share
- $22.79
- 52W range
The ETF.net TSLY Grade
Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 41Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 70Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 48Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 78Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 86Category rank
Our read on TSLY
BOne stock, one job: convert Tesla's famous volatility into monthly income. TSLY sells call spreads on TSLA rather than plain covered calls, harvesting premium while keeping a slice of the upside in play.
TSLY seeks to generate weekly income by selling call spreads on Tesla Inc. The strategy aims to harvest option premiums from Tesla's volatility while retaining some participation in its share-price appreciation.
Why people hold it
- Sells call spreads on Tesla instead of writing plain covered calls, so some share-price appreciation stays on the table while premium is collected.yieldmaxetfs.com
- Running since 2022, actively traded, and paying on a monthly cadence. The plumbing is well worn by the standards of single-stock income funds.
- Rates as one of the stronger builds on the Tesla-income shelf, where execution quality varies widely between competing wrappers.
Worth knowing
- You do not own Tesla stock here. Exposure is assembled synthetically with options, and the short calls cap how much of a big TSLA run you keep.
- Income comes from Tesla option premiums, so the size of the payout moves with volatility rather than following a fixed dollar schedule.
- The 1.07% fee is the middle of this cohort, not the floor: TSII runs 0.99%, while TSYY charges 3.11% for its own Tesla income spin.
TSLY Holdings
- Other
- 10
- 109%
- United States Treasury Note/Bond 2.375% 05/15/2027
Geography
TSLY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TSLY |
|---|---|
| Year to date | −11.2% |
| 1 month | +5.0% |
| 3 months | −7.5% |
| 1 year | −5.5% |
| 3 years | +8.2% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TSLY |
|---|---|---|
| 2026 YTD | −11.2% | |
| 2025 | +14.1% | |
| 2024 | +21.0% | |
| 2023 | +50.6% | |
| 2022 | −27.0% |
TSLY in the news
ETF.net Research hasn’t filed on TSLY yet — coverage lands here as it’s written.
TSLY Dividends
- 95.10%
- $21.78
- $0.21 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.21 |
| Sep 10, 2026 | Sep 11, 2026 | $0.22 |
| Sep 3, 2026 | Sep 4, 2026 | $0.21 |
| Aug 27, 2026 | Aug 28, 2026 | $0.21 |
| Aug 20, 2026 | Aug 21, 2026 | $0.20 |
| Aug 13, 2026 | Aug 14, 2026 | $0.18 |
| Aug 6, 2026 | Aug 7, 2026 | $0.23 |
| Jul 30, 2026 | Jul 31, 2026 | $0.21 |
| Jul 23, 2026 | Jul 24, 2026 | $0.24 |
| Jul 16, 2026 | Jul 17, 2026 | $0.26 |
| Jul 9, 2026 | Jul 10, 2026 | $0.28 |
| Jul 2, 2026 | Jul 6, 2026 | $0.28 |
TSLY Risk
- 41.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.21
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −49.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.43
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TSLY Cost
- The middle half of Tesla (TSLA) Option Income funds
- Median 1.07%
4 of the 9 Tesla (TSLA) Option Income funds charge less.