CRSH vs TSII

CRSHCYieldMax Short TSLA Option Income Strategy ETF

TSIIDREX TSLA Growth & Income ETF

In short

CRSH Every other Tesla income fund in the aisle is rooting for the stock. CRSH takes the other side: it sells option spreads on Tesla while holding inverse exposure to the shares, turning a bearish stance into premium collection.

TSII Most Tesla income funds sell away the upside to harvest premium. TSII goes the other way: it targets 105% to 150% of Tesla's daily move, writes covered calls on top of it, and pays weekly. The 1.52% fee is the price of admission.

Stated mandate

CRSH CRSH is actively managed to generate weekly income by writing put spreads on Tesla Inc. The strategy seeks option premiums from TSLA volatility while maintaining inverse exposure to TSLA share-price movements.

TSII The Fund seeks weekly shareholder distributions while targeting daily results between 105% and 150% of Tesla, Inc.’s daily stock-price change. It uses leveraged exposure and covered calls, with the exact exposure determined by the adviser.

Why people hold it

• CRSH The contrarian seat in a crowded aisle. TSLY, TSII and TSLP all ride Tesla upward; CRSH is built the other way, on inverse exposure to the stock.yieldmaxetfs.com
• Fee of 1.05% lands just under the median for its Tesla option-income cohort, and roughly a third of TSYY's 3.11%.
• Actively managed inside a standard 1940 Act fund wrapper, and it sits in the upper half of its Tesla option-income peer group.

• TSII The TSLA income fund that keeps a leveraged tilt. The mandate targets daily results between 105% and 150% of Tesla's move, with calls written against that position rather than against a plain 1x stake.rexshares.com
• Option premiums are the declared source of income, and the prospectus sets the payout cadence at weekly, one of the shortest schedules in option-income land.rexshares.com
• No fixed multiple to defend. The adviser sets exposure inside the documented 105% to 150% band and rebalances daily, so leverage can be dialed down without breaking the mandate.rexshares.com

Worth knowing

• CRSH Income here is option premium, not stock appreciation. The fund discloses that distributions can include return of capital, meaning part of a payout can be your own money back.
• One company, synthetic exposure. Because the position is inverse, a Tesla rally pushes against the fund's share price and premium may not offset it.
• Small and lightly traded next to the larger Tesla income funds, so bid-ask spreads can widen, particularly around Tesla headlines.

• TSII At 1.52% it is the priciest TSLA income name we track and sits above the category median: TSLP 1.00% (net of a waiver through September 30, 2027), CRSH 1.05%, TLA and TSLY 1.07%, TSYY 1.15% (net of a waiver through December 31, 2026).
• Leverage resets daily, so results over weeks and months can drift well away from 105% to 150% of Tesla. The prospectus also discloses that distributions may include return of capital, which comes out of NAV.
• One stock, synthetic exposure, and a track record that only starts in June 2025. On cost and risk it currently lands in the lower tier of a crowded TSLA income group, and trading is moderate rather than heavy.

Full CRSH profile⁠

Full TSII profile⁠