JULQ vs. NVDY

Last updated Jun 4, 2026

JULQ (Innovator Premium Income 40 Barrier ETF - July) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both Options Trading funds. Both are actively managed. JULQ charges 0.79%/yr vs 0.99%/yr for NVDY.

Performance

JULQ vs. NVDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 40 Barrier ETF - July (JULQ) and YieldMax NVDA Option Income Strategy ETF (NVDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JULQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDY

• 1D: -2.22%
• 1M: 5.54%
• YTD: 13.06%
• 6M: 17.67%
• 1Y: 46.64%
• 3Y*: 54.54%
• 5Y*: —
• 10Y*: —

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

JULQ vs. NVDY - Yearly Performance Comparison

	2026 (YTD)
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%
NVDY YieldMax NVDA Option Income Strategy ETF	12.91%

Return for Risk

JULQ vs. NVDY — Risk / Return Rank

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

NVDY

NVDY Risk / Return Rank: 52
NVDY Sharpe Ratio Rank: 49
NVDY Sortino Ratio Rank: 45
NVDY Omega Ratio Rank: 44
NVDY Calmar Ratio Rank: 72
NVDY Martin Ratio Rank: 52

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.

JULQ vs. NVDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 40 Barrier ETF - July (JULQ) 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.

Sharpe Ratios by Period

	JULQ	NVDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.64	—

Drawdowns

JULQ vs. NVDY - Drawdown Comparison

The maximum JULQ drawdown since its inception was 0.00%, smaller than the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for JULQ and NVDY.

Drawdown Indicators

	JULQ	NVDY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-34.08%	+34.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.81%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.08%	—
Current Drawdown Current decline from peak	0.00%	-6.66%	+6.66%
Average Drawdown Average peak-to-trough decline	0.00%	-6.15%	+6.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.20%	—

Volatility

Volatility by Period

	JULQ	NVDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	27.35%	-27.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	38.24%	-38.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	38.24%	-38.24%

JULQ vs. NVDY - Expense Ratio Comparison

JULQ has a 0.79% expense ratio, which is lower than NVDY's 0.99% expense ratio.

Dividends

JULQ vs. NVDY - Dividend Comparison

JULQ has not paid dividends to shareholders, while NVDY's dividend yield for the trailing twelve months is around 61.36%.

Position	TTM	2025	2024	2023
JULQ Innovator Premium Income 40 Barrier ETF - July	0.00%	0.00%	0.00%	0.00%
NVDY YieldMax NVDA Option Income Strategy ETF	61.36%	83.10%	83.65%	22.32%

Frequently Asked Questions

Which ETF is better, JULQ or NVDY?

On fees, JULQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JULQ or NVDY?

JULQ is cheaper with a 0.79% expense ratio, compared with 0.99% for NVDY.

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

NVDY has the higher dividend yield at 61.36%, compared with 0.00% for JULQ.

What is the main difference between JULQ and NVDY?

They also come from different issuers: Innovator and YieldMax. Their fees differ too: 0.79% for JULQ and 0.99% for NVDY.