GXPS vs. NVDY

Last updated Jul 17, 2026

GXPS (Global X PureCap MSCI Consumer Staples ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - GXPS is a Consumer Staples Equities fund tracking the MSCI USA Consumer Staples Index, while NVDY is a Derivative Income fund actively managed by YieldMax. GXPS is passively managed, while NVDY is actively managed. At a correlation of -0.37, they often move in opposite directions. GXPS charges 0.25%/yr vs 0.99%/yr for NVDY.

Performance

GXPS vs. NVDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Consumer Staples ETF (GXPS) and YieldMax NVDA Option Income Strategy ETF (NVDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXPS achieves a 11.55% return, which is significantly higher than NVDY's 10.54% return.

GXPS

• 1D: 2.86%
• 1M: -0.21%
• 6M: 5.56%
• YTD: 11.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDY

• 1D: -1.29%
• 1M: 0.25%
• 6M: 9.07%
• YTD: 10.54%
• 1Y: 23.01%
• 3Y*: 50.09%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GXPS vs. NVDY - Yearly Performance Comparison

	2026 (YTD)	2025
GXPS Global X PureCap MSCI Consumer Staples ETF	11.55%	-1.72%
NVDY YieldMax NVDA Option Income Strategy ETF	10.54%	14.01%

Correlation

The correlation between GXPS and NVDY is -0.37, 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 (All Time) Calculated using the full available price history since Jul 23, 2025	-0.37

Return for Risk

GXPS vs. NVDY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GXPS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

NVDY

NVDY Risk / Return Rank: 29
NVDY Sharpe Ratio Rank: 27
NVDY Sortino Ratio Rank: 27
NVDY Omega Ratio Rank: 26
NVDY Calmar Ratio Rank: 37
NVDY Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GXPS vs. NVDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Staples ETF (GXPS) 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.

	GXPS	NVDY	Difference
Sharpe ratio: Return per unit of total volatility	—	0.81	—
Sortino ratio: Return per unit of downside risk	—	1.25	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	1.58	—
Martin ratio: Return relative to average drawdown	—	3.66	—

Drawdowns

GXPS vs. NVDY - Drawdown Comparison

The maximum GXPS drawdown since its inception was -9.20%, smaller than the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for GXPS and NVDY.

Drawdown Indicators

	GXPS	NVDY	Difference
Max Drawdown Largest peak-to-trough decline	-9.20%	-34.08%	+24.88%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.08%	—
Current Drawdown Current decline from peak	-4.18%	-8.74%	+4.56%
Average Drawdown Average peak-to-trough decline	-4.08%	-6.30%	+2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.31%	—

Volatility

Volatility by Period

	GXPS	NVDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.71%	28.69%	-13.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.71%	37.99%	-23.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.71%	37.99%	-23.28%

GXPS vs. NVDY - Expense Ratio Comparison

GXPS has a 0.25% expense ratio, which is lower than NVDY's 0.99% expense ratio.

Dividends

GXPS vs. NVDY - Dividend Comparison

GXPS's dividend yield for the trailing twelve months is around 1.24%, less than NVDY's 67.37% yield.

Position	TTM	2025	2024	2023
GXPS Global X PureCap MSCI Consumer Staples ETF	1.24%	0.59%	0.00%	0.00%
NVDY YieldMax NVDA Option Income Strategy ETF	67.37%	83.10%	83.65%	22.32%

Frequently Asked Questions

Can I hold both GXPS and NVDY in my portfolio?

GXPS and NVDY have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXPS or NVDY?

On fees, GXPS is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXPS or NVDY?

GXPS is cheaper with a 0.25% expense ratio, compared with 0.99% for NVDY.

Which ETF pays a higher dividend yield, GXPS or NVDY?

NVDY has the higher dividend yield at 67.37%, compared with 1.24% for GXPS.

What is the main difference between GXPS and NVDY?

GXPS is categorized as Consumer Staples Equities, while NVDY is Derivative Income. They also come from different issuers: Global X and YieldMax. Their fees differ too: 0.25% for GXPS and 0.99% for NVDY.