FGIYX vs. NFLY
FGIYX (Nuveen Global Infrastructure Fund) and NFLY (YieldMax NFLX Option Income Strategy ETF) are both funds - FGIYX is a Energy Equities fund managed by Nuveen, while NFLY is a Derivative Income fund actively managed by YieldMax. Over the past year, FGIYX returned 17.91% vs -34.40% for NFLY. At a 0.13 correlation, their price movements are largely independent. FGIYX charges 0.97%/yr vs 0.99%/yr for NFLY.
Performance
FGIYX vs. NFLY - Performance Comparison
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Returns By Period
In the year-to-date period, FGIYX achieves a 11.24% return, which is significantly higher than NFLY's -16.72% return.
FGIYX
- 1D
- 0.32%
- 1M
- -1.01%
- YTD
- 11.24%
- 6M
- 12.00%
- 1Y
- 17.91%
- 3Y*
- 14.30%
- 5Y*
- 9.96%
- 10Y*
- 9.30%
NFLY
- 1D
- -5.28%
- 1M
- -14.54%
- YTD
- -16.72%
- 6M
- -16.07%
- 1Y
- -34.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FGIYX vs. NFLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FGIYX Nuveen Global Infrastructure Fund | 11.24% | 18.08% | 10.91% | 4.91% |
NFLY YieldMax NFLX Option Income Strategy ETF | -16.72% | 1.66% | 66.37% | 3.80% |
Correlation
The correlation between FGIYX 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 | 0.13 |
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Return for Risk
FGIYX vs. NFLY — Risk / Return Rank
FGIYX
NFLY
FGIYX vs. NFLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Global Infrastructure Fund (FGIYX) 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.
| FGIYX | NFLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.96 | ||
| Sortino ratioReturn per unit of downside risk | +4.20 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.77 | +0.54 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | -0.90 | +3.92 |
| Martin ratioReturn relative to average drawdown | 9.56 | -1.58 | +11.14 |
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Drawdowns
FGIYX vs. NFLY - Drawdown Comparison
The maximum FGIYX drawdown since its inception was -49.18%, which is greater than NFLY's maximum drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for FGIYX and NFLY.
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Drawdown Indicators
| FGIYX | NFLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.18% | -38.15% | -11.03% |
Max Drawdown (1Y)Largest decline over 1 year | -5.99% | -38.15% | +32.16% |
Max Drawdown (3Y)Largest decline over 3 years | -12.49% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.92% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.06% | — | — |
Current DrawdownCurrent decline from peak | -2.82% | -38.15% | +35.33% |
Average DrawdownAverage peak-to-trough decline | -7.02% | -8.91% | +1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 21.78% | -19.90% |
Volatility
FGIYX vs. NFLY - Volatility Comparison
The current volatility for Nuveen Global Infrastructure Fund (FGIYX) is 3.38%, while YieldMax NFLX Option Income Strategy ETF (NFLY) has a volatility of 7.16%. This indicates that FGIYX experiences smaller price fluctuations and is considered to be less risky 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
| FGIYX | NFLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 7.16% | -3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 8.62% | 21.19% | -12.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.41% | 28.36% | -17.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.21% | 28.35% | -15.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 28.35% | -12.99% |
FGIYX vs. NFLY - Expense Ratio Comparison
FGIYX has a 0.97% expense ratio, which is lower than NFLY's 0.99% expense ratio.
Dividends
FGIYX vs. NFLY - Dividend Comparison
FGIYX's dividend yield for the trailing twelve months is around 14.94%, less than NFLY's 66.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGIYX Nuveen Global Infrastructure Fund | 14.94% | 10.28% | 7.74% | 2.51% | 6.41% | 7.48% | 1.62% | 12.32% | 6.62% | 6.10% | 8.64% | 3.31% |
NFLY YieldMax NFLX Option Income Strategy ETF | 66.99% | 61.53% | 49.91% | 11.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FGIYX 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.
NFLY has higher volatility (7.16%) compared to FGIYX (3.38%). In terms of maximum drawdown, FGIYX dropped -49.18% vs NFLY's -38.15%.
FGIYX currently has the higher Sharpe Ratio (1.74 vs -1.22), 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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