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YieldMax NVDA Option Income Strategy ETF (NVDY)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US88634T7744
CUSIP
88634T774
Issuer
YieldMax
Inception Date
May 10, 2023
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Alternatives
Assets Under Management
$1B

Share Price Chart


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Performance

NVDY Performance Chart

YieldMax NVDA Option Income Strategy ETF (NVDY) is up 3.7% since the beginning of the year. NVDY is currently trading at $13 per share.


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S&P 500 Index

Returns By Period

YieldMax NVDA Option Income Strategy ETF (NVDY) has returned 3.73% so far this year and 64.17% over the past 12 months.


YieldMax NVDA Option Income Strategy ETF

1D
1.66%
1M
2.08%
YTD
3.73%
6M
7.71%
1Y
64.17%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.11%
1M
2.16%
YTD
-0.42%
6M
4.03%
1Y
27.10%
3Y*
18.38%
5Y*
10.55%
10Y*
12.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NVDY Monthly Returns History

Based on dividend-adjusted daily data since May 11, 2023, NVDY's average daily return is +0.22%, while the average monthly return is +4.29%. At this rate, an investment would double in approximately 1.4 years.

Historically, 72% of months were positive and 28% were negative. The best month was Feb 2024 with a return of +25.9%, while the worst month was Jan 2025 at -12.6%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 2 months.

On a daily basis, NVDY closed higher 58% of trading days. The best single day was Feb 22, 2024 with a return of +17.0%, while the worst single day was Jan 27, 2025 at -16.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.77%-6.27%1.16%5.42%3.73%
2025-12.57%4.51%-11.05%-1.91%19.18%13.12%10.10%0.41%4.91%7.23%-9.69%5.52%27.38%
202412.70%25.93%9.30%-4.23%16.56%11.92%-1.05%0.50%0.19%8.41%5.67%-3.15%114.23%
202314.66%6.74%5.51%7.73%-8.19%-4.15%8.37%7.05%42.02%

Benchmark Metrics

YieldMax NVDA Option Income Strategy ETF has an annualized alpha of 28.11%, beta of 1.67, and R² of 0.42 versus S&P 500 Index. Calculated based on daily prices since May 12, 2023.

  • This ETF captured 229.79% of S&P 500 Index gains but only 48.83% of its losses — a favorable profile for investors.
  • R² of 0.42 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
28.11%
Beta
1.67
0.42
Upside Capture
229.79%
Downside Capture
48.83%

Expense Ratio

NVDY has a high expense ratio of 0.99%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

NVDY ranks 65 for risk / return — better than 65% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


NVDY Risk / Return Rank: 6565
Overall Rank
NVDY Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
NVDY Sortino Ratio Rank: 5252
Sortino Ratio Rank
NVDY Omega Ratio Rank: 5454
Omega Ratio Rank
NVDY Calmar Ratio Rank: 8989
Calmar Ratio Rank
NVDY Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for YieldMax NVDA Option Income Strategy ETF (NVDY) and compare them to a chosen benchmark (S&P 500 Index).


NVDYBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.47

2.23

+0.24

Sortino ratio

Return per unit of downside risk

2.98

3.12

-0.14

Omega ratio

Gain probability vs. loss probability

1.39

1.42

-0.03

Calmar ratio

Return relative to maximum drawdown

6.41

4.05

+2.36

Martin ratio

Return relative to average drawdown

16.00

17.91

-1.91

Explore NVDY risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

YieldMax NVDA Option Income Strategy ETF provided a 71.93% dividend yield over the last twelve months, with an annual payout of $9.67 per share.


20.00%30.00%40.00%50.00%60.00%70.00%80.00%$0.00$5.00$10.00$15.00$20.00202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$9.67$12.14$19.53$5.05

Dividend yield

71.93%83.10%83.65%22.32%

Monthly Dividends

The table displays the monthly dividend distributions for YieldMax NVDA Option Income Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.54$0.41$0.49$0.23$1.66
2025$1.73$1.61$0.79$0.67$1.63$0.67$1.03$0.84$0.64$1.21$0.78$0.55$12.14
2024$0.63$1.53$2.62$2.61$1.20$2.56$2.47$1.25$1.35$1.10$1.02$1.19$19.53
2023$0.75$0.96$0.81$0.93$0.68$0.42$0.51$5.05

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the YieldMax NVDA Option Income Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the YieldMax NVDA Option Income Strategy ETF was 34.08%, occurring on Apr 4, 2025. Recovery took 61 trading sessions.

The current YieldMax NVDA Option Income Strategy ETF drawdown is 2.89%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.08%Nov 22, 202490Apr 4, 202561Jul 3, 2025151
-21.19%Jul 11, 202420Aug 7, 202445Oct 10, 202465
-16.37%Mar 26, 202418Apr 19, 202421May 20, 202439
-13.93%Sep 6, 202337Oct 26, 202336Dec 18, 202373
-12.81%Nov 4, 202531Dec 17, 2025

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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