HIYY vs. NVDY
HIYY (YieldMax HIMS Option Income Strategy ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. At a 0.26 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
HIYY vs. NVDY - Performance Comparison
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Returns By Period
In the year-to-date period, HIYY achieves a -13.14% return, which is significantly lower than NVDY's 14.49% return.
HIYY
- 1D
- 0.70%
- 1M
- 4.42%
- YTD
- -13.14%
- 6M
- -25.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDY
- 1D
- 1.27%
- 1M
- 7.84%
- YTD
- 14.49%
- 6M
- 17.01%
- 1Y
- 47.85%
- 3Y*
- 55.07%
- 5Y*
- —
- 10Y*
- —
HIYY vs. NVDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HIYY YieldMax HIMS Option Income Strategy ETF | -13.14% | -37.26% |
NVDY YieldMax NVDA Option Income Strategy ETF | 14.49% | 5.46% |
Correlation
The correlation between HIYY and NVDY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025 | 0.26 |
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Return for Risk
HIYY vs. NVDY — Risk / Return Rank
HIYY
NVDY
HIYY vs. NVDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax HIMS Option Income Strategy ETF (HIYY) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| HIYY | NVDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.68 | 1.65 | -2.34 |
Drawdowns
HIYY vs. NVDY - Drawdown Comparison
The maximum HIYY drawdown since its inception was -73.95%, which is greater than NVDY's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for HIYY and NVDY.
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Drawdown Indicators
| HIYY | NVDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.95% | -34.08% | -39.87% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.08% | — |
Current DrawdownCurrent decline from peak | -50.48% | -5.47% | -45.01% |
Average DrawdownAverage peak-to-trough decline | -43.96% | -6.15% | -37.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.21% | — |
Volatility
HIYY vs. NVDY - Volatility Comparison
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Volatility by Period
| HIYY | NVDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.43% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.71% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 85.41% | 27.33% | +58.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.41% | 38.22% | +47.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.41% | 38.22% | +47.19% |
HIYY vs. NVDY - Expense Ratio Comparison
Both HIYY and NVDY have an expense ratio of 0.99%.
Dividends
HIYY vs. NVDY - Dividend Comparison
HIYY's dividend yield for the trailing twelve months is around 90.21%, more than NVDY's 62.14% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
HIYY YieldMax HIMS Option Income Strategy ETF | 90.21% | 29.99% | 0.00% | 0.00% |
NVDY YieldMax NVDA Option Income Strategy ETF | 62.14% | 83.10% | 83.65% | 22.32% |
Frequently Asked Questions
HIYY and NVDY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
HIYY and NVDY have the same expense ratio: 0.99% per year.
HIYY has the higher dividend yield at 90.21%, compared with 62.14% for NVDY.
Find the right allocation for HIYY and NVDY
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