TSLY ETF — YieldMax TSLA Option Income Strategy ETF

YieldMax TSLA Option Income Strategy ETF (TSLY)

TSLY is an ETF that tracks the Tesla (TSLA). As of August 19, 2026, its distribution rate is 48.37%, its trailing-12-month yield is 105.20%, its expense ratio is 1.07%. Dividend Vision Distribution Safety Score™ is 28/100 (Elevated risk). Fund total return is 24.0% over the past 3.7 years, 59.9 points behind TSLA at 83.9%.

At the current 48.37% distribution rate, a $10,000 investment would generate approximately $4,837 per year, or $403.08 per month on an equivalent basis. 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

Data as of August 19, 2026.

Fund total return is 24.0% over the past 3.7 years, 59.9 points behind TSLA at 83.9%. Its deepest 1-year drawdown was 31.3%.

TSLY key facts

Data as of August 19, 2026.

Distribution Safety Score™

28 · Elevated risk

Safety-Adjusted Yield

13.54%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

11/22/2022

Expense ratio

1.07%

Distribution rate

48.37%

Distribution frequency

Weekly

Trailing yield

105.20%

Last close

$21.77

AUM

$677,749,276

Average volume

1133359.0

Last dividend

$0.2025

Ex-dividend date

08/20/2026

Payment date

08/21/2026

Beta

1.49

How Dividend Vision calculates yield and returns

Distribution rate (48.37%) 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 (105.20%) 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. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: YieldMax fund 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 YMAX
• TSLY vs PLTY
• TSLY vs CONY
• TSLY vs TSPY

Frequently asked questions

More funds from YieldMax.