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Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) Sharpe Ratio: 1.39

ETF · Currency in USD · Last updated Jun 4, 2026

The Roundhill NVDA WeeklyPay™ ETF (NVDW) aims to provide weekly distributions and calendar week returns equal to 1.2 times the calendar week total return of Nvidia common shares, before fees and expenses, through active management.

NVDW's Sharpe Ratio of 1.39 indicates that for each unit of volatility, it generates 1.39 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

NVDW Sharpe Ratio Rank

NVDW Sharpe Ratio Rank: 38.338
Below Average

NVDW ranks above 38.3% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

NVDW Sharpe Ratio Market Positioning

The chart shows NVDW's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.84 or lower
  • Yellow zone (middle 50%): 0.84 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.80+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF's Sharpe Ratio with other ETFs in the Derivative Income category across multiple time periods, showing how NVDW's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CHPYYieldMax Semiconductor Portfolio Option Income ETF5.47
GOOYYieldMax GOOGL Option Income Strategy ETF3.84
GOOPKurv Yield Premium Strategy Google ETF3.34
TSMYYieldMax TSM Option Income Strategy ETF3.21
TYLGGlobal X Information Technology Covered Call & Growth ETF3.14
TDVIFT Vest Technology Dividend Target Income ETF3.00
THTASoFi Enhanced Yield ETF2.91
QYLDGlobal X NASDAQ 100 Covered Call ETF2.80
FTQIFirst Trust Nasdaq BuyWrite Income ETF2.74
IVVWiShares S&P 500 BuyWrite ETF2.73
NVDWRoundhill ETF Trust Roundhill NVDA WeeklyPay ETF1.39

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows NVDW's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when NVDW consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does NVDW fit in your portfolio?

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