CCOR vs. NVDY
CCOR (Core Alternative ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - CCOR is a Large Cap Growth Equities fund actively managed by Core Alternative Capital, while NVDY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past 3 years, CCOR returned -2.34%/yr vs 54.54%/yr for NVDY. At a correlation of -0.36, they often move in opposite directions. CCOR charges 1.09%/yr vs 0.99%/yr for NVDY.
Performance
CCOR vs. NVDY - Performance Comparison
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Returns By Period
In the year-to-date period, CCOR achieves a -3.71% return, which is significantly lower than NVDY's 13.06% return.
CCOR
- 1D
- 0.30%
- 1M
- -2.55%
- YTD
- -3.71%
- 6M
- -4.87%
- 1Y
- -5.97%
- 3Y*
- -2.34%
- 5Y*
- -2.56%
- 10Y*
- —
NVDY
- 1D
- -2.22%
- 1M
- 5.54%
- YTD
- 13.06%
- 6M
- 17.67%
- 1Y
- 46.64%
- 3Y*
- 54.54%
- 5Y*
- —
- 10Y*
- —
CCOR vs. NVDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CCOR Core Alternative ETF | -3.71% | 3.52% | -5.70% | -3.43% |
NVDY YieldMax NVDA Option Income Strategy ETF | 13.06% | 27.38% | 114.23% | 42.02% |
Correlation
The correlation between CCOR and NVDY is -0.35, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.36 |
Correlation (All Time) Calculated using the full available price history since May 12, 2023 | -0.36 |
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Return for Risk
CCOR vs. NVDY — Risk / Return Rank
CCOR
NVDY
CCOR vs. NVDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Core Alternative ETF (CCOR) and YieldMax NVDA Option Income Strategy ETF (NVDY). 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.
| CCOR | NVDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -3.44 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.29 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 3.66 | -4.34 |
| Martin ratioReturn relative to average drawdown | -1.59 | 9.00 | -10.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CCOR | NVDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.87 | 1.72 | -2.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 1.64 | -1.52 |
Drawdowns
CCOR vs. NVDY - Drawdown Comparison
The maximum CCOR drawdown since its inception was -22.99%, smaller than the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for CCOR and NVDY.
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Drawdown Indicators
| CCOR | NVDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.99% | -34.08% | +11.09% |
Max Drawdown (1Y)Largest decline over 1 year | -8.75% | -12.81% | +4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -12.31% | -34.08% | +21.77% |
Max Drawdown (5Y)Largest decline over 5 years | -22.99% | — | — |
Current DrawdownCurrent decline from peak | -20.03% | -6.66% | -13.37% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -6.15% | -1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.77% | 5.20% | -1.43% |
Volatility
CCOR vs. NVDY - Volatility Comparison
The current volatility for Core Alternative ETF (CCOR) is 1.78%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 9.46%. This indicates that CCOR experiences smaller price fluctuations and is considered to be less risky than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCOR | NVDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 9.46% | -7.68% |
Volatility (6M)Calculated over the trailing 6-month period | 4.96% | 20.68% | -15.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.93% | 27.35% | -20.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.10% | 38.24% | -27.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.75% | 38.24% | -27.49% |
CCOR vs. NVDY - Expense Ratio Comparison
CCOR has a 1.09% expense ratio, which is higher than NVDY's 0.99% expense ratio.
Dividends
CCOR vs. NVDY - Dividend Comparison
CCOR's dividend yield for the trailing twelve months is around 1.11%, less than NVDY's 61.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CCOR Core Alternative ETF | 1.11% | 1.07% | 1.18% | 1.21% | 1.11% | 1.02% | 1.50% | 0.73% | 1.53% | 0.89% |
NVDY YieldMax NVDA Option Income Strategy ETF | 61.36% | 83.10% | 83.65% | 22.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CCOR and NVDY have a correlation of -0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDY has higher volatility (9.46%) compared to CCOR (1.78%). In terms of maximum drawdown, CCOR dropped -22.99% vs NVDY's -34.08%.
On 3-year performance, NVDY leads with 54.54% vs -2.34% for CCOR. On fees, NVDY is cheaper at 0.99% per year. On volatility, CCOR has been the lower-risk option at 1.78%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, NVDY has performed better with a 54.54% return vs -2.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NVDY is cheaper with a 0.99% expense ratio, compared with 1.09% for CCOR.
NVDY has the higher dividend yield at 61.36%, compared with 1.11% for CCOR.
CCOR is categorized as Large Cap Growth Equities, while NVDY is Derivative Income. They also come from different issuers: Core Alternative Capital and YieldMax. Their fees differ too: 1.09% for CCOR and 0.99% for NVDY.
NVDY currently has the higher Sharpe Ratio (1.72 vs -0.87), 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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