AIO vs. NFLY
AIO (Virtus Artificial Intelligence & Technology Opportunities Fund) and NFLY (YieldMax NFLX Option Income Strategy ETF) are both funds - AIO is a Technology Equities fund managed by Virtus, while NFLY is a Derivative Income fund actively managed by YieldMax. Over the past year, AIO returned 34.16% vs -35.40% for NFLY. At a 0.27 correlation, their price movements are largely independent. AIO charges 1.41%/yr vs 0.99%/yr for NFLY.
Performance
AIO vs. NFLY - Performance Comparison
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Returns By Period
In the year-to-date period, AIO achieves a 32.52% return, which is significantly higher than NFLY's -16.92% return.
AIO
- 1D
- -2.33%
- 1M
- 7.33%
- YTD
- 32.52%
- 6M
- 30.74%
- 1Y
- 34.16%
- 3Y*
- 27.70%
- 5Y*
- 13.23%
- 10Y*
- —
NFLY
- 1D
- -0.25%
- 1M
- -14.75%
- YTD
- -16.92%
- 6M
- -16.28%
- 1Y
- -35.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIO vs. NFLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AIO Virtus Artificial Intelligence & Technology Opportunities Fund | 32.52% | 0.48% | 54.48% | -0.57% |
NFLY YieldMax NFLX Option Income Strategy ETF | -16.92% | 1.66% | 66.37% | 3.80% |
Correlation
The correlation between AIO and NFLY is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2023 | 0.27 |
Over the past year, the correlation between AIO and NFLY has dropped to 0.04 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
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Return for Risk
AIO vs. NFLY — Risk / Return Rank
AIO
NFLY
AIO vs. NFLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) and YieldMax NFLX Option Income Strategy ETF (NFLY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIO | NFLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.07 | ||
| Sortino ratioReturn per unit of downside risk | +4.40 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.76 | +0.55 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | -0.93 | +3.93 |
| Martin ratioReturn relative to average drawdown | 8.88 | -1.62 | +10.49 |
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Drawdowns
AIO vs. NFLY - Drawdown Comparison
The maximum AIO drawdown since its inception was -44.88%, which is greater than NFLY's maximum drawdown of -38.31%. Use the drawdown chart below to compare losses from any high point for AIO and NFLY.
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Drawdown Indicators
| AIO | NFLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.88% | -38.31% | -6.57% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -38.31% | +26.89% |
Max Drawdown (3Y)Largest decline over 3 years | -30.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -37.39% | — | — |
Current DrawdownCurrent decline from peak | -2.33% | -38.31% | +35.98% |
Average DrawdownAverage peak-to-trough decline | -10.88% | -8.95% | -1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 21.92% | -18.06% |
Volatility
AIO vs. NFLY - Volatility Comparison
Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) has a higher volatility of 7.95% compared to YieldMax NFLX Option Income Strategy ETF (NFLY) at 6.90%. This indicates that AIO's price experiences larger fluctuations and is considered to be riskier than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIO | NFLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.95% | 6.90% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 14.91% | 21.19% | -6.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.91% | 28.31% | -9.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.26% | 28.33% | -6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.91% | 28.33% | -1.42% |
AIO vs. NFLY - Expense Ratio Comparison
AIO has a 1.41% expense ratio, which is higher than NFLY's 0.99% expense ratio.
Dividends
AIO vs. NFLY - Dividend Comparison
AIO's dividend yield for the trailing twelve months is around 10.90%, less than NFLY's 67.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AIO Virtus Artificial Intelligence & Technology Opportunities Fund | 10.90% | 13.75% | 7.30% | 10.34% | 11.12% | 19.97% | 9.31% | 0.54% |
NFLY YieldMax NFLX Option Income Strategy ETF | 67.16% | 61.53% | 49.91% | 11.84% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AIO and NFLY have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIO has higher volatility (7.95%) compared to NFLY (6.90%). In terms of maximum drawdown, AIO dropped -44.88% vs NFLY's -38.31%.
AIO currently has the higher Sharpe Ratio (1.82 vs -1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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