PortfoliosLab logo
KLIP vs. NVDY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KLIP and NVDY is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

KLIP vs. NVDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares China Internet and Covered Call Strategy ETF (KLIP) and YieldMax NVDA Option Income Strategy ETF (NVDY). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
20.70%
140.67%
KLIP
NVDY

Key characteristics

Sharpe Ratio

KLIP:

0.07

NVDY:

0.40

Sortino Ratio

KLIP:

0.24

NVDY:

0.83

Omega Ratio

KLIP:

1.03

NVDY:

1.11

Calmar Ratio

KLIP:

0.08

NVDY:

0.57

Martin Ratio

KLIP:

0.29

NVDY:

1.56

Ulcer Index

KLIP:

5.11%

NVDY:

12.53%

Daily Std Dev

KLIP:

20.63%

NVDY:

48.51%

Max Drawdown

KLIP:

-18.61%

NVDY:

-34.09%

Current Drawdown

KLIP:

-7.27%

NVDY:

-26.69%

Returns By Period

In the year-to-date period, KLIP achieves a 1.93% return, which is significantly higher than NVDY's -20.89% return.


KLIP

YTD

1.93%

1M

-5.53%

6M

2.03%

1Y

0.75%

5Y*

N/A

10Y*

N/A

NVDY

YTD

-20.89%

1M

-3.36%

6M

-23.04%

1Y

13.20%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


KLIP vs. NVDY - Expense Ratio Comparison

KLIP has a 0.95% expense ratio, which is lower than NVDY's 0.99% expense ratio.


Expense ratio chart for NVDY: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NVDY: 0.99%
Expense ratio chart for KLIP: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
KLIP: 0.95%

Risk-Adjusted Performance

KLIP vs. NVDY — Risk-Adjusted Performance Rank

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

KLIP
The Risk-Adjusted Performance Rank of KLIP is 2828
Overall Rank
The Sharpe Ratio Rank of KLIP is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of KLIP is 2727
Sortino Ratio Rank
The Omega Ratio Rank of KLIP is 2828
Omega Ratio Rank
The Calmar Ratio Rank of KLIP is 2929
Calmar Ratio Rank
The Martin Ratio Rank of KLIP is 2828
Martin Ratio Rank

NVDY
The Risk-Adjusted Performance Rank of NVDY is 5858
Overall Rank
The Sharpe Ratio Rank of NVDY is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDY is 5959
Sortino Ratio Rank
The Omega Ratio Rank of NVDY is 5959
Omega Ratio Rank
The Calmar Ratio Rank of NVDY is 6868
Calmar Ratio Rank
The Martin Ratio Rank of NVDY is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

KLIP vs. NVDY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares China Internet and Covered Call Strategy ETF (KLIP) 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.


The chart of Sharpe ratio for KLIP, currently valued at 0.07, compared to the broader market-1.000.001.002.003.004.00
KLIP: 0.07
NVDY: 0.40
The chart of Sortino ratio for KLIP, currently valued at 0.24, compared to the broader market-2.000.002.004.006.008.00
KLIP: 0.24
NVDY: 0.83
The chart of Omega ratio for KLIP, currently valued at 1.03, compared to the broader market0.501.001.502.00
KLIP: 1.03
NVDY: 1.11
The chart of Calmar ratio for KLIP, currently valued at 0.08, compared to the broader market0.002.004.006.008.0010.0012.00
KLIP: 0.08
NVDY: 0.57
The chart of Martin ratio for KLIP, currently valued at 0.29, compared to the broader market0.0020.0040.0060.00
KLIP: 0.29
NVDY: 1.56

The current KLIP Sharpe Ratio is 0.07, which is lower than the NVDY Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of KLIP and NVDY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.07
0.40
KLIP
NVDY

Dividends

KLIP vs. NVDY - Dividend Comparison

KLIP's dividend yield for the trailing twelve months is around 40.60%, less than NVDY's 118.75% yield.


Drawdowns

KLIP vs. NVDY - Drawdown Comparison

The maximum KLIP drawdown since its inception was -18.61%, smaller than the maximum NVDY drawdown of -34.09%. Use the drawdown chart below to compare losses from any high point for KLIP and NVDY. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.27%
-26.69%
KLIP
NVDY

Volatility

KLIP vs. NVDY - Volatility Comparison

The current volatility for KraneShares China Internet and Covered Call Strategy ETF (KLIP) is 14.03%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 19.45%. This indicates that KLIP 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.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
14.03%
19.45%
KLIP
NVDY