YieldMax TSLA Option Income Strategy ETF vs YieldMax Universe Fund of Option Income ETFs — how do they compare? YieldMax TSLA Option Income Strategy ETF trades at $21.88, while YieldMax Universe Fund of Option Income ETFs trades at $7.66. Which is the better fit depends on your goals.
| TSLY | YMAX | |
|---|---|---|
Sector | Income / Options Overlay | Income / Options Overlay |
52-Week High | $48.25 | $13.26 |
52-Week Low | $20.49 | $7.27 |
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 →YMAX is an actively managed 'fund of funds' that provides equal-weighted exposure to the full suite of YieldMax option income ETFs. It is designed to generate high current income by aggregating the premiums from various single-stock and thematic covered call strategies, offering a diversified approach to high-yield option investing.
Read more on YMAX →