FTXG vs. NVDY
FTXG (First Trust Nasdaq Food & Beverage ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - FTXG is a Consumer Staples Equities fund tracking the Nasdaq U.S. Smart Food & Beverage Index, while NVDY is a Derivative Income fund actively managed by YieldMax. FTXG is passively managed, while NVDY is actively managed. Over the past 3 years, FTXG returned -3.08%/yr vs 54.54%/yr for NVDY. At a correlation of -0.18, they often move in opposite directions. FTXG charges 0.60%/yr vs 0.99%/yr for NVDY.
Performance
FTXG vs. NVDY - Performance Comparison
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Returns By Period
In the year-to-date period, FTXG achieves a 5.86% return, which is significantly lower than NVDY's 13.06% return.
FTXG
- 1D
- 0.11%
- 1M
- -0.85%
- YTD
- 5.86%
- 6M
- 4.05%
- 1Y
- 0.33%
- 3Y*
- -3.08%
- 5Y*
- -1.45%
- 10Y*
- —
NVDY
- 1D
- -2.22%
- 1M
- 5.54%
- YTD
- 13.06%
- 6M
- 17.67%
- 1Y
- 46.64%
- 3Y*
- 54.54%
- 5Y*
- —
- 10Y*
- —
FTXG vs. NVDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FTXG First Trust Nasdaq Food & Beverage ETF | 5.86% | -6.52% | -2.52% | -8.63% |
NVDY YieldMax NVDA Option Income Strategy ETF | 13.06% | 27.38% | 114.23% | 42.02% |
Correlation
The correlation between FTXG and NVDY is -0.27, 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 | -0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.18 |
Correlation (All Time) Calculated using the full available price history since May 12, 2023 | -0.18 |
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Return for Risk
FTXG vs. NVDY — Risk / Return Rank
FTXG
NVDY
FTXG vs. NVDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Food & Beverage ETF (FTXG) 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.
| FTXG | NVDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.29 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 3.66 | -3.62 |
| Martin ratioReturn relative to average drawdown | 0.06 | 9.00 | -8.94 |
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
| FTXG | NVDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.02 | 1.72 | -1.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 1.64 | -1.45 |
Drawdowns
FTXG vs. NVDY - Drawdown Comparison
The maximum FTXG drawdown since its inception was -31.52%, smaller than the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for FTXG and NVDY.
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Drawdown Indicators
| FTXG | NVDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.52% | -34.08% | +2.56% |
Max Drawdown (1Y)Largest decline over 1 year | -10.14% | -12.81% | +2.67% |
Max Drawdown (3Y)Largest decline over 3 years | -18.10% | -34.08% | +15.98% |
Max Drawdown (5Y)Largest decline over 5 years | -21.68% | — | — |
Current DrawdownCurrent decline from peak | -14.76% | -6.66% | -8.10% |
Average DrawdownAverage peak-to-trough decline | -7.64% | -6.15% | -1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.40% | 5.20% | +0.20% |
Volatility
FTXG vs. NVDY - Volatility Comparison
The current volatility for First Trust Nasdaq Food & Beverage ETF (FTXG) is 3.29%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 9.46%. This indicates that FTXG 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
| FTXG | NVDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.29% | 9.46% | -6.17% |
Volatility (6M)Calculated over the trailing 6-month period | 9.62% | 20.68% | -11.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.60% | 27.35% | -13.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.46% | 38.24% | -23.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.63% | 38.24% | -21.61% |
FTXG vs. NVDY - Expense Ratio Comparison
FTXG has a 0.60% expense ratio, which is lower than NVDY's 0.99% expense ratio.
Dividends
FTXG vs. NVDY - Dividend Comparison
FTXG's dividend yield for the trailing twelve months is around 2.75%, less than NVDY's 61.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FTXG First Trust Nasdaq Food & Beverage ETF | 2.75% | 2.93% | 2.75% | 4.27% | 1.50% | 1.52% | 1.35% | 1.25% | 1.37% | 1.56% | 0.30% |
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% | 0.00% |
Frequently Asked Questions
FTXG and NVDY have a correlation of -0.27, 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 FTXG (3.29%). In terms of maximum drawdown, FTXG dropped -31.52% vs NVDY's -34.08%.
On 3-year performance, NVDY leads with 54.54% vs -3.08% for FTXG. On fees, FTXG is cheaper at 0.60% per year. On volatility, FTXG has been the lower-risk option at 3.29%. 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 -3.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FTXG is cheaper with a 0.60% expense ratio, compared with 0.99% for NVDY.
NVDY has the higher dividend yield at 61.36%, compared with 2.75% for FTXG.
FTXG is categorized as Consumer Staples Equities, while NVDY is Derivative Income. They also come from different issuers: First Trust and YieldMax. Their fees differ too: 0.60% for FTXG and 0.99% for NVDY.
NVDY currently has the higher Sharpe Ratio (1.72 vs 0.02), 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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