YieldMax TSLA Option Income Strategy ETF

TSLY

Market cap $1.25B

Overview Fund Activity

8.42 USD

+0.39

4.86%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

8.36

-0.06

0.71%

1 day

4.86%

5 days

8.23%

1 month

6.58%

3 months

2.93%

6 months

-0.24%

Year to date

-37.44%

1 year

-35.73%

5 years

-78.99%

10 years

-78.99%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

340% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 5

222% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 9

30% more funds holding

Funds holding: 50 [Q1] → 65 (+15) [Q2]

17% more capital invested

Capital invested by funds: $79.1M [Q1] → $92.2M (+$13.1M) [Q2]

0.51% less ownership

Funds ownership: 8.86% [Q1] → 8.36% (-0.51%) [Q2]

15% less call options, than puts

Call options by funds: $6.22M | Put options by funds: $7.36M

See Fund Rankings

Financial journalist opinion

Based on 5 articles about TSLY published over the past 30 days

YieldMax® ETFs Announces Distributions on SNOY, ULTY, GOOY, TSLY, LFGY, and Others

CHICAGO and MILWAUKEE and NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below.

YieldMax® ETFs Announces Distributions on SNOY, ULTY, GOOY, TSLY, LFGY, and Others

Very bad news for Tesla stock and TSLY ETF

Tesla stock and the YieldMax TSLA Option Income Strategy ETF (TSLY) could come under pressure after a series of related news in the electric vehicle (EV) industry. TSLA was trading at $333, down by over 30% from its highest point this year.

Very bad news for Tesla stock and TSLY ETF

24/7 Wall Street

51% Distribution Rate From TSLY Stock: Is It Real or Just a Yield Trap?

If you like Tesla (NASDAQ:TSLA) stock, then you should absolutely love the YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY).

51% Distribution Rate From TSLY Stock: Is It Real or Just a Yield Trap?

Why TSLY Should Be Avoided Here

TSLY's covered-call strategy on Tesla has not outperformed TSLA since inception, with annualized returns of just 5.81%. The ETF's high distribution rate (~50%) isn't the whole story, as payouts are offset by a declining share price, limiting real investor gains. Implied volatility on Tesla is unusually low, making call selling less attractive and suggesting TSLY's income strategy is now a crowded trade.

Why TSLY Should Be Avoided Here

TSLY Delivers Yield But Captures The Worst Of Both Worlds

TSLY combines high downside risk with limited upside, failing to capture Tesla's full long-term return potential while still exposing investors to significant drawdowns. While TSLY monetizes Tesla's volatility and sometimes outperforms TSLA in down markets, its total return since inception lags the underlying stock. TSLY's covered call strategy restricts gains in bullish scenarios, making it less attractive if you believe in Tesla's long-term growth and optionalities.

TSLY Delivers Yield But Captures The Worst Of Both Worlds

24/7 Wall Street

Why is There So Much Hate for Yieldmax Funds? – My Perspective on the Risks

The skepticism surrounding YieldMax ETFs is related to their high level of risk. However, it's fine to own YieldMax funds as long as you stick to certain de-risking guidelines.

Why is There So Much Hate for Yieldmax Funds? – My Perspective on the Risks

Is the TSLY ETF a good buy ahead of the weak Tesla earnings?

The Tesla stock and the YieldMax TSLA Option Income Strategy ETF (TSLY) will be in the spotlight this week as the company publishes its financial results. Tesla (TSLA) was trading at $328, up 54% from its lowest point this year, while the TSLY ETF jumped 50%.

Is the TSLY ETF a good buy ahead of the weak Tesla earnings?

TSLY: Consistent Income With Some Upside Benefit On Tesla, Hold

TSLY offers Tesla upside with income via covered calls and leverage, but adds complexity and higher fees versus owning TSLA directly. Tesla remains innovative in AI and energy, but faces shrinking EV market share and ongoing volatility tied to Elon Musk's actions. TSLY's strategy only outperforms TSLA in a narrow price range; so far, TSLY has underperformed TSLA since inception.

TSLY: Consistent Income With Some Upside Benefit On Tesla, Hold

TSLY VS. CRSH: Both Long And Short Tesla Income ETFs Disappoint

YieldMax ETFs like TSLY and CRSH offer high yields by selling options on Tesla, but differ in being long (TSLY) or short (CRSH) TSLA. TSLY and CRSH are not perfect opposites; CRSH is not a true inverse ETF due to its use of short puts for income generation. I generally do not recommend short strategies for most investors, suggesting CRSH should be used only for tactical purposes. I don't recommend TSLY either, including TSLA option IV vs. HV.

TSLY VS. CRSH: Both Long And Short Tesla Income ETFs Disappoint

TSLY ETF: Hold As Tesla Stock Consolidates (Technical Analysis)

I am downgrading ieldMax TSLA Option Income Strategy ETF to Hold. Recent TSLY monthly dividends have dropped sharply compared to 1H 2025. I expect such lower payouts to persist due to subdued implied volatility from Tesla stock.

TSLY ETF: Hold As Tesla Stock Consolidates (Technical Analysis)

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