Phillips 66 vs YieldMax TSLA Option Income Strategy ETF — how do they compare? Phillips 66 trades at $211.8 (market cap $85.11B), while YieldMax TSLA Option Income Strategy ETF trades at $24.63. The key difference: Phillips 66 pays a 2.39% dividend while YieldMax TSLA Option Income Strategy ETF pays none, and Phillips 66 is trading nearer its 52-week high, YieldMax TSLA Option Income Strategy ETF nearer its low. Which is the better fit depends on your goals.
| PSX | TSLY | |
|---|---|---|
Market Cap | $85.11B | — |
Sector | Energy | Income / Options Overlay |
52-Week High | $212.27 | $48.25 |
52-Week Low | $118.37 | $25.07 |
Enterprise Value | $107.08B | — |
Dividend Yield | 2.39% | — |
Signals from Pluang's Aura AI — not financial advice
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TSLY, the YieldMax TSLA Option Income Strategy ETF, trades at $25.07, down 2.57% today amid a bearish technical signal. The ETF generates high income through weekly distributions, with recent dividends ranging from $0.26 to $0.52 per share, but faces criticism for capping upside during Tesla rallies. Its strategy relies on synthetic Tesla exposure and covered call overlays, producing an annualized yield near 52.65%, though distributions are largely return of capital.
The outlook is cautious due to structural limitations that sacrifice capital appreciation for income, with risks including volatility from Tesla's performance and option strategy complexity. Investors prioritizing yield may find value, but those seeking growth could underperform Tesla's equity returns.
Trailing returns across standard periods
Latest headlines on both assets
Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, after converting its 255 mb/d Alliance refinery to a terminal. The midstream segment comprises extensive transportation and NGL processing assets. It also includes its DCP Midstream joint venture, which holds 45 natural gas processing facilities, 11 NGL fractionation plants, and a natural gas pipeline system with 58,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
Read more on PSX →TSLY is an actively managed ETF that seeks to provide high monthly income by employing a synthetic covered call strategy on Tesla, Inc. (TSLA). It does not own Tesla stock directly; instead, it uses a combination of call and put options to simulate long exposure while simultaneously selling call options to collect premiums. It is designed for income-focused investors who are willing to trade TSLA's potential upside for immediate, aggressive yield.
Read more on TSLY →