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 245 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% | 27.28M | Nov 2024 | NVIT vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | NVIT vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | NVIT vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | NVIT vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 749.48M | Jul 2024 | NVIT vs QQA |
Best Risk-Adjusted Alternatives to NVIT
Among 142 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | NVIT vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | NVIT vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | NVIT vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | NVIT vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | NVIT vs TSMY |
Top Performing NVIT Alternatives (YTD)
NVIT is at 15.44% YTD. There are 33 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | NVIT vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | NVIT vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | NVIT vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | NVIT vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | NVIT vs MRNY |
Lowest Volatility Alternatives to NVIT
NVIT has 29.08% 1-year volatility. There are 166 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | NVIT vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | NVIT vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | NVIT vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | NVIT vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | NVIT vs LQTI |
Lowest Drawdown Alternatives to NVIT
Among 142 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 438.06M | Oct 2022 | NVIT vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | NVIT vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | NVIT vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | NVIT vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | NVIT vs OMAH |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 4 categories. AUM among these funds goes as high as $1B.
Often Compared With NVIT
Investors most often compare NVIT with EIPI, COSW, NVDA. These 20 comparison targets span 6 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