YieldMax TSLA Option Income Strategy ETF vs Consumer Staples Select Sector SPDR Fund — how do they compare? YieldMax TSLA Option Income Strategy ETF trades at $21.88, while Consumer Staples Select Sector SPDR Fund trades at $84.69. The key difference: Consumer Staples Select Sector SPDR Fund 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.
| TSLY | XLP | |
|---|---|---|
Sector | Income / Options Overlay | — |
52-Week High | $48.25 | $90.00 |
52-Week Low | $20.49 | $75.61 |
Trailing returns across standard periods
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
Read more on XLP →