YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NVIT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NVIT
NVIT charges 1.08% annually. There are 294 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.05M | Nov 2024 | NVIT vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | NVIT vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | NVIT vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | NVIT vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 438.36M | Oct 2023 | NVIT vs PAPI |
Best Risk-Adjusted Alternatives to NVIT
Among 200 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | NVIT vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 489.70M | Oct 2022 | NVIT vs BUCK | |
| Global X S&P 500 Covered Call ETF | 93 | 3.24B | Jun 2013 | NVIT vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | NVIT vs PBP | |
| Global X Russell 2000 Covered Call ETF | 90 | 1.37B | Apr 2019 | NVIT vs RYLD |
Top Performing NVIT Alternatives (YTD)
NVIT is at 11.45% YTD. There are 52 ETFs in the Derivative Income category with higher YTD returns, going as high as 146.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 146.74% | 114.09M | Jul 2025 | NVIT vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 134.95% | 22.04M | Oct 2025 | NVIT vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 87.43% | 382.78M | Sep 2023 | NVIT vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 60.69% | 106.87M | Oct 2023 | NVIT vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 58.34% | 64.01M | Dec 2024 | NVIT vs SOXY |
Lowest Volatility Alternatives to NVIT
NVIT has 29.42% 1-year volatility. There are 201 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.59% | 489.70M | Oct 2022 | NVIT vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.92% | 112.06M | Aug 2022 | NVIT vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | NVIT vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | NVIT vs HYTI | |
| Main Buywrite ETF | 4.86% | 1.30B | Dec 2015 | NVIT vs BUYW |
Lowest Drawdown Alternatives to NVIT
Among 200 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | NVIT vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | NVIT vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | NVIT vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | NVIT vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | NVIT vs THTA |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With NVIT
Investors most often compare NVIT with NVDA, EIPI, COSW. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare NVIT with Any Fund or Stock
Compare NVIT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NVIT with funds that move differently
YieldMax NVDA Performance & Distribution Target 25 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NVIT.
Explore NVIT Diversifiers