TSLY Dividend Calculator
Project dividend-reinvestment (DRIP) growth, income, and yield on cost for YieldMax TSLA Option Income Strategy ETF (TSLY). Pre-filled with illustrative figures — edit them with current numbers.
About TSLY
TSLY applies a synthetic covered-call strategy to Tesla (TSLA), turning that stock’s volatility into a high monthly distribution. It was among the first YieldMax single-stock funds and illustrates the trade-off clearly: the strategy limits participation in sharp rallies while retaining downside exposure, so a high headline yield can sit alongside a falling share price. Model total return rather than yield alone, and keep the price-growth assumption conservative.
TSLY is a covered-call income etf from YieldMax that distributes monthly. Because dividend investing is about both income and the growth of that income, the calculator above lets you model three things independently for TSLY: the starting yield, how fast the dividend grows each year, and how fast the share price appreciates. That separation matters most for covered-call funds, where a high headline yield often pairs with little or no price growth — so the "stock price growth" input should usually be modest.
How to use the TSLY calculator
- Replace the pre-filled yield with TSLY’s current dividend yield from your broker or the fund’s page.
- Set your initial investment and monthly contribution.
- Estimate the dividend growth rate and price growth rate. For a covered-call income etf these can differ a lot — be realistic rather than optimistic.
- Choose your dividend tax rate and whether to reinvest (DRIP), then read the projected value, dividends received, and yield on cost.
The full math, including how the money-weighted return is computed, is on the methodology page.
TSLY dividend calculator FAQ
- How does this TSLY dividend calculator work?
- It runs a month-by-month projection: each month it adds your contribution, pays a dividend based on the yield you enter, optionally reinvests it (DRIP), then applies price growth. The page loads with illustrative figures for YieldMax TSLA Option Income Strategy ETF; replace them with the current yield and your own assumptions for an accurate projection.
- What yield should I use for TSLY?
- Use TSLY's current dividend yield from your broker or the fund page, not the example value pre-filled here — yields move with the share price and the distribution. For covered-call funds the headline yield is high but often comes with little or no price growth, so set the price-growth input realistically.
- How often does TSLY pay dividends, and when?
- YieldMax TSLA Option Income Strategy ETF pays monthly. This calculator projects annual totals and compounds monthly, so it works the same regardless of the actual payment schedule — the monthly cadence just affects when cash actually lands in your account.
- Is the TSLY projection a guarantee?
- No. It is an educational projection based on the assumptions you enter, held constant. Real dividends can rise, be cut, or stop, and prices fluctuate. Use it to compare scenarios, not to predict returns, and never rely on a single calculator for an investment decision.