YieldMaxCalc
Calculator/TSLY

TSLY Dividend Calculator

YieldMax TSLA Option Income Strategy ETF — Project your returns with dividend reinvestment (DRIP). Pays weekly.

TSLY Dividend Calculator

= $26.8580 / share / year

0% = yield stays constant. Negative models normalization (e.g. -10%/yr).

1Y: -30.0% | 3Y: -38.0%

years
Portfolio Growth

No DRIP vs DRIP

Portfolio Value$84$375.8KTotal Dividends$22.1K$1.10MAnnual Dividend$71$318.5KYoC0.71%3185.22%

DRIP Advantage

Total invested: $10.0K

+447.7K%

$375.7K more

Income Goal
/ month

Reached in year 10

TSLY crosses $276.0K/yr ($23.0K/mo) of dividend income in year 10 of the projection. Goal auto-suggested from your inputs — bump it up to model a stretch target.

Dividend history →Total return →

Scenarios

Three realistic paths for high-yield funds: yield holds, yield compresses, yield normalizes. Click any card to load it.

What is TSLY?

TSLY was the first YieldMax ETF ever launched and the fund that proved the single-stock covered-call concept could attract massive retail interest. It generates weekly distributions by selling call option spreads on Tesla (TSLA), one of the most volatile mega-cap stocks in the market.

Latest TSLY distribution

ScheduleAll YieldMax →
Per share
$0.3384
Distribution rate
59.32%
30-day SEC yield
2.92%
ROC %
100.00%
Declared
May 6, 2026
Ex-date
May 7, 2026
Payable
May 8, 2026
Source →

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TSLY Real Yield

Headline yield adjusted for NAV erosion (1Y)

HeadlineReal37.5%→-3.7%
NAV -30.0%

41% of the headline yield has been offset by share price decline over the past 1Y.

See full total return analysis →

TSLY Dividend History

View all 66 payments and full table →
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How TSLY generates income

TSLY was the first YieldMax ETF ever launched and the fund that proved the single-stock covered-call concept could attract massive retail interest. It generates weekly distributions by selling call option spreads on Tesla (TSLA), one of the most volatile mega-cap stocks in the market.

Tesla's implied volatility — driven by Elon Musk's unpredictability, EV market competition, and the stock's cult following — means TSLY's option premiums are consistently large. This is why TSLY has historically offered some of the higher distribution rates in the YieldMax lineup, though they've moderated as Tesla's volatility has normalized from its 2021-2022 peaks.

TSLY underwent a 1-for-5 reverse split in late 2025 after prolonged NAV erosion from paying out large distributions while Tesla's stock declined. This is the core risk of all YieldMax funds made visible: if the underlying stock goes down, the fund's NAV shrinks, and the distributions you received were partially your own capital being returned (ROC). The reverse split didn't change the economics — it just reset the share price to a more conventional level.

For investors who want Tesla exposure with weekly cash flow, TSLY delivers. But the historical total return (price change + distributions received) has lagged simply holding TSLA during periods when Tesla rallied, because the sold calls capped upside participation.

Underlying
TSLA (Tesla)
Launched
November 2022 (first YieldMax ETF)
Distribution
Weekly (Group 2, Wednesday)
Notable
1:5 reverse split in late 2025
Expense ratio
0.99%

About the TSLY Dividend Calculator

This TSLY dividend calculator projects how your position grows with and without DRIP (Dividend Reinvestment). Every input is prefilled with live TSLY data — current price, latest per-share distribution, detected payment frequency, and historical CAGR — so you can hit calculate immediately, or override any field to model your own assumptions.

The TSLY DRIP calculator runs two parallel scenarios: one where every distribution is reinvested into more TSLY shares, and one where distributions are taken as cash and never compounded. The gap between the two curves is the compounding premium — the extra wealth you build by letting TSLY dividends buy more shares over time. Extra monthly contributions, tax rates, and custom dividend growth rates are all supported, and every calculation runs in your browser with no additional API calls after page load.

Why this calculator is more accurate than most

Traditional DRIP calculators treat dividend-per-share and share-price as two independent quantities that grow at their own separate rates. That works fine for stocks like SCHD or KO, where management sets the payout and the stock price moves with the business. It breaks badly for option-income ETFs like MSTY, NVDY, or TSLY, where distributions are sourced from option premium on the underlying — meaning the dividend dollar is mechanically a fraction of NAV, not a separate variable. Let those two quantities compound independently and you get absurd outputs (trillion-dollar portfolios from $10K) because the implied yield silently grows to 400%+ as price collapses faster than the dollar dividend.

We solve this with two projection modes. Dividend Growth mode is the standard model — correct for dividend-growth stocks and traditional income ETFs. Yield-on-NAV mode (auto-selected when starting yield exceeds 20%) locks the forward yield and recomputes distributions each year asyield × current NAV, so as price falls, dividend-per-share falls proportionally. This matches the physics of option-income funds and produces realistic projections instead of fantasy numbers.

You can toggle between the two modes above the input form. For TSLY — a YieldMax option-income ETF — yield-on-NAV is the default and we recommend keeping it on.

The two levers that change results the most are the growth assumptions and the holding period. For a volatile, high-yield fund, a 0% or slightly negative growth assumption is usually more realistic than extrapolating a historical CAGR, because distribution levels often decay as implied volatility normalizes. For stable dividend ETFs and index funds, the 5Y CAGR is a reasonable baseline. The TSLY dividend history page shows every past payment in detail, and the total return analyzer strips out NAV erosion to show your real yield.

TSLY DRIP calculator — frequently asked questions

How does the TSLY DRIP calculator work?▾
The TSLY calculator simulates two parallel scenarios: one where every dividend is paid out as cash, and one where every dividend automatically buys more TSLY shares. It uses the current TSLY price, the most recent dividend payment, the detected payment frequency (weekly), and a historical dividend growth rate to project your balance month by month. You can override any prefilled value — custom yield, custom growth rate, extra monthly contributions, and tax drag — and the chart updates instantly in your browser with no server calls after the initial page load.
Why does the TSLY calculator prefill a yield that's different from the headline number I see elsewhere?▾
We use forward annualization — the most recent per-share payment multiplied by the payment frequency — rather than the trailing twelve-month sum. For TSLY paying weekly, that is the most honest estimate of what you would earn going forward if the next payout matches the most recent one. Headline "TTM yield" figures include payouts from many months ago, which overstates the income of ETFs whose distributions have been trending down and understates the income of ETFs whose distributions have been trending up.
What dividend growth rate should I use for TSLY?▾
YieldMax ETFs like TSLY do not have a stable dividend growth rate. Distributions are a function of the implied volatility of the underlying stock at each options roll, so they can drop 50% one month and rise 40% the next. A reasonable default for long projections is 0% growth, or a small negative number if you expect volatility to normalize downward. Our 3Y and 5Y CAGR numbers exist for reference but should not be extrapolated.
Does the TSLY calculator account for taxes?▾
Yes. You can enter a tax rate and the calculator will deduct it from each dividend before reinvesting or paying out. For TSLY, the realistic rate depends on whether your dividends are classified as qualified (lower rate), ordinary (higher rate), or return of capital (not taxed until sale). Covered-call ETFs like TSLY often produce large amounts of return of capital, which is taxed differently from regular income — consult a tax advisor for your specific situation. The calculator applies the same rate to every payment; real-world tax treatment can be more nuanced.
Can I use the TSLY calculator for retirement account projections?▾
Yes. If you plan to hold TSLY in a Roth IRA, Traditional IRA, or 401(k), set the tax rate to 0% — distributions inside those accounts are not taxed year-by-year. In a Traditional IRA you will pay ordinary income tax on withdrawals later, so the post-tax balance will be lower than what the calculator shows; in a Roth IRA, qualified withdrawals are tax-free and the calculator figures are directly applicable. The "extra monthly contributions" field is useful for modeling ongoing IRA or 401(k) payroll contributions into the same position.
How is TSLY different from buying the underlying directly?▾
TSLY does not own TSLA — it holds Treasury bills as collateral and sells call options on TSLA. The upside is capped (the calls limit how much TSLY can appreciate when TSLA rallies), the downside is almost fully exposed (TSLY drops along with TSLA in declines), and the option premium is distributed as weekly income. Over long periods, buying TSLA directly has historically produced more total return, but TSLY produces current income in cash, which some investors prefer.
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