ENFR vs. NVDY
ENFR (Alerian Energy Infrastructure ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index, while NVDY is a Derivative Income fund actively managed by YieldMax. ENFR is passively managed, while NVDY is actively managed. Over the past 3 years, ENFR returned 28.39%/yr vs 51.33%/yr for NVDY. At a 0.15 correlation, their price movements are largely independent. ENFR charges 0.35%/yr vs 0.99%/yr for NVDY.
Performance
ENFR vs. NVDY - Performance Comparison
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Returns By Period
In the year-to-date period, ENFR achieves a 25.97% return, which is significantly higher than NVDY's 8.91% return.
ENFR
- 1D
- 0.73%
- 1M
- 0.52%
- YTD
- 25.97%
- 6M
- 26.39%
- 1Y
- 26.50%
- 3Y*
- 28.39%
- 5Y*
- 19.43%
- 10Y*
- 12.28%
NVDY
- 1D
- 0.08%
- 1M
- -7.09%
- YTD
- 8.91%
- 6M
- 14.71%
- 1Y
- 36.80%
- 3Y*
- 51.33%
- 5Y*
- —
- 10Y*
- —
ENFR vs. NVDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 25.97% | 5.88% | 42.17% | 14.69% |
NVDY YieldMax NVDA Option Income Strategy ETF | 8.91% | 27.38% | 114.23% | 41.31% |
Correlation
The correlation between ENFR and NVDY is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since May 11, 2023 | 0.15 |
The correlation between ENFR and NVDY shifts across timeframes, from -0.08 (1 year) to 0.15 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
ENFR vs. NVDY — Risk / Return Rank
ENFR
NVDY
ENFR vs. NVDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerian Energy Infrastructure ETF (ENFR) 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.
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.
| ENFR | NVDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.23 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | 2.89 | +0.19 |
| Martin ratioReturn relative to average drawdown | 8.18 | 6.79 | +1.39 |
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Drawdowns
ENFR vs. NVDY - Drawdown Comparison
The maximum ENFR drawdown since its inception was -68.28%, which is greater than NVDY's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for ENFR and NVDY.
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Drawdown Indicators
| ENFR | NVDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.28% | -34.08% | -34.20% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -12.81% | +4.17% |
Max Drawdown (3Y)Largest decline over 3 years | -15.58% | -34.08% | +18.50% |
Max Drawdown (5Y)Largest decline over 5 years | -20.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -62.64% | — | — |
Current DrawdownCurrent decline from peak | -3.91% | -10.09% | +6.18% |
Average DrawdownAverage peak-to-trough decline | -15.95% | -6.17% | -9.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 5.44% | -2.19% |
Volatility
ENFR vs. NVDY - Volatility Comparison
The current volatility for Alerian Energy Infrastructure ETF (ENFR) is 5.63%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 10.45%. This indicates that ENFR 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
| ENFR | NVDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 10.45% | -4.82% |
Volatility (6M)Calculated over the trailing 6-month period | 11.48% | 21.66% | -10.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.66% | 28.06% | -13.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.30% | 38.24% | -18.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.67% | 38.24% | -13.57% |
ENFR vs. NVDY - Expense Ratio Comparison
ENFR has a 0.35% expense ratio, which is lower than NVDY's 0.99% expense ratio.
Dividends
ENFR vs. NVDY - Dividend Comparison
ENFR's dividend yield for the trailing twelve months is around 3.98%, less than NVDY's 66.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 3.98% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
NVDY YieldMax NVDA Option Income Strategy ETF | 66.87% | 83.10% | 83.65% | 22.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ENFR and NVDY have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDY has higher volatility (10.45%) compared to ENFR (5.63%). In terms of maximum drawdown, ENFR dropped -68.28% vs NVDY's -34.08%.
On 3-year performance, NVDY leads with 51.33% vs 28.39% for ENFR. On fees, ENFR is cheaper at 0.35% per year. On volatility, ENFR has been the lower-risk option at 5.63%. 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 51.33% return vs 28.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ENFR is cheaper with a 0.35% expense ratio, compared with 0.99% for NVDY.
NVDY has the higher dividend yield at 66.87%, compared with 3.98% for ENFR.
ENFR is categorized as Energy Equities, while NVDY is Derivative Income. They also come from different issuers: SS&C and YieldMax. Their fees differ too: 0.35% for ENFR and 0.99% for NVDY.
ENFR currently has the higher Sharpe Ratio (1.82 vs 1.32), 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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