TSLY ETF — YieldMax TSLA Option Income Strategy ETF

YieldMax TSLA Option Income Strategy ETF (TSLY)

Updated October 2, 2026.

TSLY is an ETF linked to TSLA. its distribution rate is 53.75%, its trailing-12-month yield is 81.87%, its expense ratio is 1.07%. Dividend Vision Distribution Safety Score™ is 55/100 (Caution). Total return is 35.6% over the past 3.9 years, 66.7 points behind TSLA at 102.3%.

At the current 53.75% distribution rate, a $10,000 investment would generate approximately $5,375 per year. Actual weekly payments vary.

YieldMax TSLA Option Income Strategy ETF is an ETF that seeks current income through a synthetic covered call strategy built on Tesla common stock options, providing indirect exposure to Tesla's share price with gains capped at a predetermined level. The fund distributes income weekly and carries an expense ratio of 1.07%. This ETF appeals to income-focused investors seeking regular distributions from Tesla exposure, though the capped upside structure limits participation in significant share price appreciation.

TSLY performance versus TSLA

Price and return data through 2026-10-02.

Total return is 35.6% over the past 3.9 years, 66.7 points behind TSLA at 102.3%. Over the past year its total return — price change plus distributions reinvested — is -7.5%. Its deepest 1-year drawdown was 31.3%.

TSLY key facts

Distribution Safety Score™

55 · Caution

Safety-Adjusted Yield

29.56%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

11/22/2022

Expense ratio

1.07%

Distribution rate

53.75%

Distribution frequency

Weekly

Trailing yield

81.87%

Last close

$22.25 (as of 2026-10-02)

AUM

$690,871,235

Average volume

611900.0

Last dividend

$0.23

Latest 19(a) ROC estimate

100.00%

Last ex-dividend date

10/01/2026

Last payment date

10/02/2026

Beta

1.48

How Dividend Vision calculates yield and returns

Distribution rate (53.75%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (81.87%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: YieldMax or company page; Index: Tesla (TSLA); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TSLY risks and drawbacks

Total return has trailed TSLA over the available window. The deepest 1-year drawdown on record here is 31.3%.

Who may consider TSLY — and who may not

It is a weaker fit for investors whose main goal is matching TSLA total return. This is educational context, not a recommendation to buy or sell.

Compare TSLY

TSLY vs similar funds:

• TSLY vs NVDY
• TSLY vs MSTY
• TSLY vs CONY
• TSLY vs PLTY
• TSLY vs YMAX
• TSLY vs TSPY

Frequently asked questions

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