Skip to content
etf.net

TLA vs TSLY

GraniteShares Autocallable TSLA ETF

TLABNasdaq

YieldMax TSLA Option Income Strategy ETF

TSLYBNYSE Arca

Overlap

Expense ratio

TSLY −0.11pt a year

TLA1.18%TSLY1.07%

Avg volume · 30D

TSLY 97.1×the volume

TLA5.05KTSLY490K

TLA vs TSLY Performance

Jul 31, 2026 – Oct 30, 2026

+17.9%TLA+21.0%TSLY

Jul 31, 2026 to Oct 30, 2026. TLA +17.9%. TSLY +21.0%. Use the arrow keys to read each point.0%5%10%15%Jul 2026Sep 2026Oct 2026
Expense ratio
TLA 1.18%
TSLY 1.07%, better
Fund size
TLA $7M
TSLY $662M
1Y total return
TLA No data
TSLY −8.3%
Yield (12M)
TLA No data
TSLY 74.09%
Holdings
TLA 6
TSLY 11
Avg volume (30D)
TLA 5.05K sh
TSLY 490K sh, better
NAV per share
TLA $25.38
TSLY $22.48
52W range

ETF.net Grade

TLA: Cost 16, Risk 88, Mission 100, Tradability 27, Holdings not scored, Durability 49. TSLY: Cost 37, Risk 43, Mission 70, Tradability 71, Holdings not scored, Durability 88.
Pillar letters and Scores for TLA, TSLY, with each pillar’s weight
PillarTLATSLY
Cost30% weightF16D37Higher
Mission25% weightA100HigherA70
Risk15% weightA88HigherC43
Tradability15% weightD27A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC49A88Higher

Rank among Tesla (TSLA) Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. TLA and TSLY are both graded against the same 9 Tesla (TSLA) Option Income funds, so their Grades compare head to head.

Tesla (TSLA) Option Income⁠

Category · 9 funds
See all 9 ›

TLA ranks 2nd and TSLY 2nd of 9 funds in the Tesla (TSLA) Option Income Category.

  1. Rank 1BCRSHYieldMax Short TSLA Option Income Strategy ETFScore 57
  2. Rank 2BTLAGraniteShares Autocallable TSLA ETFScore 55
  3. Rank 2BTSLPKurv Yield Premium Strategy Tesla ETFScore 55
  4. Rank 2BTSLYYieldMax TSLA Option Income Strategy ETFScore 55
  5. Rank 5CTSYYGraniteShares YieldBOOST TSLA ETFScore 42

Our read on each fund

ETF.net Research

TLABGraniteShares Autocallable TSLA ETF

TSLYBYieldMax TSLA Option Income Strategy ETF

In short

TLA Most Tesla income ETFs run the same covered-call playbook. TLA runs autocallables instead: structured-payoff options on Tesla, aiming for monthly income inside a plain 1940 Act fund. A 2026 launch, and the only autocall build in its peer group.

TSLY One 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.

Stated mandate

TLA The Fund seeks potential monthly income through a portfolio of single-stock autocallable options linked to Tesla's performance.

TSLY 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

  • TLA Different engine from the crowd: single-stock autocallable options on Tesla, not the covered-call formula every other TSLA income fund in its group runs.
  • Structured-note style payoffs in an ordinary registered ETF wrapper, so no bank note, no minimums, just a ticker in a brokerage account.graniteshares.com
  • At a 1.07% expense ratio it sits mid-pack among TSLA income funds, and roughly a third the cost of the group's priciest, TSYY at 3.11%.
  • The stated goal is monthly income from those option positions, not price appreciation from holding Tesla shares.
  • TSLY 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

  • TLA One name carries the whole fund. Tesla's moves drive both the income and the losses, with no diversification to cushion them.
  • Income is potential, not promised: autocallable payoffs depend on where Tesla trades against contract terms, so distributions can vary or stop.
  • A 2026 launch that is still small and lightly traded. Limit orders are worth using here, and there is little live track record to judge.
  • TSLY 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.

Full TLA profile⁠

Full TSLY profile⁠

TLA vs TSLY Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

TLA vs TSLY Cost

Overpaying TLA vs TSLY

$1,728

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TLA 1.18%

    $21,543

  • TSLY 1.07%

    $19,815

$10,000
30 years

Cost over time

  • TLA 1.18%
  • TSLY 1.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530TLA $21,543TSLY $19,815

Year by year

YearTLATSLYOverpaying
10$2,065$1,881$184
20$7,697$7,046$651
30$21,543$19,815$1,728

Expense ratio

  • 1.18%TLA
  • 1.07%TSLY, cheaper
  • Middle half of Tesla (TSLA) Option Income funds
  • Median 1.05%

TSLY 6th cheapest of 9 funds

TLA 8th cheapest of 9 funds

TLA vs TSLY Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TLA No data
TSLY 74.09%
Payout (12M)
TLA No data
TSLY $16.69
Last payment
TLA $0.37
TSLY $0.22
Ex-dividend
TLA Oct 7, 2026
TSLY Oct 29, 2026
Paid on
TLA Oct 9, 2026
TSLY Oct 30, 2026
Frequency
TLA Monthly
TSLY Weekly

Distribution history

Per share, 2026, same scale for both

TLAMonthly · 8 paymentsAll TLA payments⁠
One bar per payment. 8 payments in 2026 YTD. Mar 4, 2026 $0.40; Apr 1, 2026 $0.39; May 6, 2026 $0.41; Jun 3, 2026 $0.39; Jul 1, 2026 $0.41; Aug 12, 2026 $0.39; Sep 9, 2026 $0.38; Oct 7, 2026 $0.37. Use the arrow keys to read each point.$0$0.502026YTD
TSLYWeekly · 44 paymentsAll TSLY payments⁠
One bar per payment. 44 payments in 2026 YTD. Jan 2, 2026 $0.37; Jan 8, 2026 $0.32; Jan 15, 2026 $0.35; Jan 22, 2026 $0.29; Jan 29, 2026 $0.32; Feb 5, 2026 $0.33; Feb 12, 2026 $0.33; Feb 19, 2026 $0.32; Feb 26, 2026 $0.31; Mar 5, 2026 $0.30; Mar 12, 2026 $0.29; Mar 19, 2026 $0.27; Mar 26, 2026 $0.26; Apr 2, 2026 $0.26; Apr 9, 2026 $0.26; Apr 16, 2026 $0.27; Apr 23, 2026 $0.30; Apr 30, 2026 $0.30; May 7, 2026 $0.34; May 14, 2026 $0.52; May 21, 2026 $0.29; May 28, 2026 $0.39; Jun 4, 2026 $0.35; Jun 11, 2026 $0.27; Jun 18, 2026 $0.28; Jun 25, 2026 $0.27; Jul 2, 2026 $0.28; Jul 9, 2026 $0.28; Jul 16, 2026 $0.26; Jul 23, 2026 $0.24; Jul 30, 2026 $0.21; Aug 6, 2026 $0.23; Aug 13, 2026 $0.18; Aug 20, 2026 $0.20; Aug 27, 2026 $0.21; Sep 3, 2026 $0.21; Sep 10, 2026 $0.22; Sep 17, 2026 $0.21; Sep 24, 2026 $0.21; Oct 1, 2026 $0.23; Oct 8, 2026 $0.22; Oct 15, 2026 $0.21; Oct 22, 2026 $0.19; Oct 29, 2026 $0.22. Use the arrow keys to read each point.$0$0.502026YTD

TLA vs TSLY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TLA No dataTSLY 41.0%
Return per unit of riskSharpe ratio, 3 years
TLA No dataTSLY 0.43
Worst fallMax drawdown, 5 years
TLA No dataTSLY −49.3%since Nov 2022
Market sensitivityBeta, 5 years
TLA 0.55TSLY 1.43

TLA and TSLY in the news

All news⁠

Popular comparisons

  • TLABvsCRSHB

    GraniteShares Autocallable TSLA ETF · YieldMax Short TSLA Option Income Strategy ETF

    Expense ratio
    1.18% · 1.05%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLYBvsCRSHB

    YieldMax TSLA Option Income Strategy ETF · YieldMax Short TSLA Option Income Strategy ETF

    Expense ratio
    1.07% · 1.05%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TLABvsTSLPB

    GraniteShares Autocallable TSLA ETF · Kurv Yield Premium Strategy Tesla ETF

    Expense ratio
    1.18% · 1.00%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLYBvsTSLPB

    YieldMax TSLA Option Income Strategy ETF · Kurv Yield Premium Strategy Tesla ETF

    Expense ratio
    1.07% · 1.00%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TLABvsTSYYC

    GraniteShares Autocallable TSLA ETF · GraniteShares YieldBOOST TSLA ETF

    Expense ratio
    1.18% · 1.11%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSLYBvsTSYYC

    YieldMax TSLA Option Income Strategy ETF · GraniteShares YieldBOOST TSLA ETF

    Expense ratio
    1.07% · 1.11%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.