YieldMax NVDA Option Income Strategy ETF (NVDY)
NVDY is an actively managed ETF aiming to generate monthly income by selling call options on NVDA, offering capped gains from NVDA's price increase but bearing all potential losses from its decrease. The Fund primarily seeks current income, with a secondary goal of exposure to NVIDIA's stock price, while limiting potential investment gains.
ETF Info
US88634T7744
88634T774
May 10, 2023
1x
No Index (Active)
Distributing
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in YieldMax NVDA Option Income Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
YieldMax NVDA Option Income Strategy ETF had a return of 131.18% year-to-date (YTD) and 140.47% in the last 12 months.
NVDY
131.18%
4.07%
36.09%
140.47%
N/A
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of NVDY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 12.70% | 25.93% | 9.30% | -4.24% | 16.57% | 11.92% | -1.05% | 0.50% | 0.20% | 8.41% | 131.18% | ||
| 2023 | 14.66% | 6.74% | 5.51% | 7.73% | -8.18% | -4.15% | 8.37% | 7.05% | 42.01% |
Expense Ratio
NVDY has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of NVDY is 91, placing it in the top 9% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for YieldMax NVDA Option Income Strategy ETF (NVDY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
YieldMax NVDA Option Income Strategy ETF provided a 71.42% dividend yield over the last twelve months, with an annual payout of $18.86 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $18.86 | $5.05 |
Dividend yield | 71.42% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.63 | $1.53 | $2.62 | $2.61 | $1.20 | $2.56 | $2.47 | $1.25 | $1.36 | $1.10 | $1.02 | $18.35 | |
| 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.
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 21.19%, occurring on Aug 7, 2024. Recovery took 45 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.19% | Jul 11, 2024 | 20 | Aug 7, 2024 | 45 | Oct 10, 2024 | 65 |
| -16.37% | Mar 26, 2024 | 18 | Apr 19, 2024 | 21 | May 20, 2024 | 39 |
| -13.93% | Sep 6, 2023 | 37 | Oct 26, 2023 | 36 | Dec 18, 2023 | 73 |
| -11.12% | Jun 20, 2024 | 3 | Jun 24, 2024 | 11 | Jul 10, 2024 | 14 |
| -10.91% | Jul 14, 2023 | 21 | Aug 11, 2023 | 9 | Aug 24, 2023 | 30 |
Volatility
Volatility Chart
The current YieldMax NVDA Option Income Strategy ETF volatility is 8.53%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.