Which paid more, TSLY or YMAX?

Over the year to Sep 4, 2026, TSLY paid 55.9% of its starting price in cash and YMAX paid 40.0%, so TSLY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, TSLY or YMAX?

With every distribution reinvested, TSLY returned +7.7% and YMAX returned +3.5% over the year to Sep 4, 2026, so TSLY returned more.

Which is cheaper, TSLY or YMAX?

TSLY charges 1.07% a year and YMAX charges 1.33%, so TSLY is cheaper. Fees come from each fund's prospectus.

Data as of Sep 4, 2026. Every figure is the income desk's own, on published data.

TSLY vs YMAX

Name: ETFIQ comparison of TSLY and YMAX
Creator: ETFIQ

YieldMax(R) TSLA Option Income Strategy ETF and YieldMax(R) Universe Fund of Option Income ETFs, side by side on the income desk.

Open the live comparison on ETFIQ

TSLY and YMAX on the income desk fields, as of Sep 4, 2026. Source: ETFIQ.
	TSLY YieldMax(R) TSLA Option Income Strategy ETF	YMAX YieldMax(R) Universe Fund of Option Income ETFs
Issuer	YieldMax	YieldMax
Strategy	synthetic covered call	synthetic covered call
Benchmark	Tesla (TSLA)	S&P 500 (SPY), used as a default proxy
Pays	weekly	weekly
Payout rate, annualised	48.5%	40.6%
Expense ratio	1.07%	1.33%
Cash paid, 1 year	55.9%	40.0%
Price change, 1 year	−41.6%	−38.7%
Total return, 1 year	+7.7%	+3.5%
Benchmark return, 1 year	+4.6%	+20.0%
Ahead or behind	+3.1 pts	−16.5 pts
Return of capital, latest estimate	36%	43%
Age	1381 days	961 days

TSLY in plain words

Over the year to Sep 4, 2026, TSLY paid 55.9% of its starting value in cash distributions while its price fell 41.6%. With every distribution reinvested, the fund returned +7.7%. Tesla (TSLA) returned +4.6% over the same days, so a holder was ahead by 3.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 48.5%, paid weekly. YieldMax estimates that 36% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).

YMAX in plain words

Over the year to Sep 4, 2026, YMAX paid 40.0% of its starting value in cash distributions while its price fell 38.7%. With every distribution reinvested, the fund returned +3.5%. S&P 500 (SPY), used as a default proxy returned +20.0% over the same days, so a holder was behind by 16.5 pts. At its price on Sep 4, 2026 the latest distribution annualises to 40.6%, paid weekly. YieldMax estimates that 43% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).

Questions people ask

Which paid more, TSLY or YMAX?: Over the year to Sep 4, 2026, TSLY paid 55.9% of its starting price in cash and YMAX paid 40.0%, so TSLY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, TSLY or YMAX?: With every distribution reinvested, TSLY returned +7.7% and YMAX returned +3.5% over the year to Sep 4, 2026, so TSLY returned more.
Which is cheaper, TSLY or YMAX?: TSLY charges 1.07% a year and YMAX charges 1.33%, so TSLY is cheaper. Fees come from each fund's prospectus.

Other comparisons

Cite this page. ETFIQ, TSLY against YMAX, data as of Sep 4, 2026. https://etfiq.com/compare/income/TSLY-YMAX.html Free to use with attribution; the underlying files are at Open data.

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources