Dividend comparison
TSLY vs NVDY: Which Is Better for Income?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for YieldMax TSLA Option Income Strategy ETF and YieldMax NVDA Option Income Strategy ETF, side by side. Updated October 21, 2026.
TSLY vs NVDY: key differences
The short answer, from the latest data on this page.
- Fees. TSLY is cheaper at 1.07% a year versus 1.09% for NVDY. On $10,000 that is $2 a year less in fees.
- Income. TSLY pays more income, yielding 81.23% over the last twelve months versus 53.28% for NVDY. That is about $2,795 more a year on $10,000. TSLY pays monthly, NVDY pays weekly.
- Performance. Over the last 3 years, NVDY returned 137.6% versus 24.9% for TSLY, with dividends reinvested. $10,000 would have grown to $23,755 in NVDY and $12,486 in TSLY.
- Risk. TSLY has been the bumpier ride. Its worst peak-to-trough decline over the last 3 years was -49.5%, against -34.1% for NVDY.
- Diversification. TSLY holds 10 positions and NVDY holds 7.
- Size. NVDY is the larger fund with $1.3 billion in assets, against $660 million for TSLY.
Bottom line: TSLY fits better if you care most about lower fees and more income today. NVDY fits better if you care most about stronger 3-year returns and smaller drawdowns.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | TSLY YieldMax TSLA Option Income Strategy ETF | NVDY YieldMax NVDA Option Income Strategy ETF |
|---|---|---|
| Dividend yield (TTM) | 81.23% | 53.28% |
| Dividend / share (TTM) | $17.67 | $6.30 |
| Payout frequency | Monthly | Weekly |
| Last dividend | $0.2063 on Oct 16, 2026 | $0.0797 on Oct 16, 2026 |
| Ex-dividend date | Oct 15, 2026 | Oct 15, 2026 |
| Price | $21.75 | $11.83 |
| Dividend growth streak | — | 1 year |
| Beta | 1.43 | 1.28 |
| Max drawdown (5Y) | -49.5% | -34.1% |
| Market cap | $468.5M | $1.32B |
| Exchange | AMEX | AMEX |
| Expense ratio | 1.07% | 1.09% |
| Assets under management | $660.0M | $1.34B |
| Number of holdings | 10 | 7 |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
TSLY
$676.94/mo
$8123 /yr at 81.23% yield
NVDY
$443.98/mo
$5328 /yr at 53.28% yield
Dividend history
Total dividends paid per share in each calendar year. TSLY pays monthly; NVDY pays weekly.
| Year | TSLY | NVDY |
|---|---|---|
| 2025 | $34.2314 | $12.1415 |
| 2024 | $55.4491 | $19.5329 |
Strategy: Single-stock option income
Funds that hold synthetic exposure to one stock, or a basket of them, and sell call options against it every week or month to pay very large distributions. The payout comes from option premium, which is high because the underlying stocks are volatile. When the stock rallies hard, the fund keeps only a slice of the gain; when it falls, the fund takes most of the loss.
Distributions can include return of capital and the share price tends to erode over time, so the headline yield overstates what the investor actually keeps.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on May 11, 2023 would now be worth $13,543 in TSLY and $29,355 in NVDY.
| Period | TSLY | NVDY |
|---|---|---|
| 1 month | 1.45% | -5.59% |
| 3 months | -1.63% | -4.29% |
| Year to date | -12.44% | -18.24% |
| 1 year | -10.49% | -20.92% |
| 3 years | 24.86% | 137.55% |
| 5 years | — | — |
- TSLY
- NVDY
Both series indexed to 100 on 2023-05-11 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- TSLY
- NVDY
Quick verdict
TSLY fits better if you care most about lower fees and more income today. NVDY fits better if you care most about stronger 3-year returns and smaller drawdowns. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how TSLY vs NVDY fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is TSLY or NVDY better for dividend income?
It depends on your goals. TSLY currently yields 81.23% Trailing Twelve Months (TTM) while NVDY yields 53.28%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between TSLY and NVDY?
YieldMax TSLA Option Income Strategy ETF (TSLY) is an ETF listed on AMEX. YieldMax NVDA Option Income Strategy ETF (NVDY) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, TSLY or NVDY?
TSLY has the lower expense ratio. TSLY charges 1.07% a year and NVDY charges 1.09%, a difference of $2 a year on a $10,000 investment.
Which has performed better, TSLY or NVDY?
Over the last 3 years, NVDY has the higher total return with dividends reinvested: TSLY returned 24.9% and NVDY returned 137.6%. Past performance does not predict future returns.
Which is riskier, TSLY or NVDY?
Measured by the worst peak-to-trough decline over the last five years, TSLY has been riskier: TSLY fell as much as 49.5% and NVDY as much as 34.1%. Their betas are 1.43 and 1.28.
How often do TSLY and NVDY pay dividends?
TSLY pays monthly and NVDY pays weekly.
How much income does $10,000 in TSLY vs NVDY generate?
At current TTM yields, $10,000 in TSLY would generate roughly $676.94 per month ($8123 annually). The same amount in NVDY would produce about $443.98 per month ($5328 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both TSLY and NVDY?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare TSLY vs NVDY with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how TSLY and NVDY fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.