MDLZ vs. NVDY

Last updated Jun 4, 2026

MDLZ (Mondelez International, Inc.) is a stock, while NVDY (YieldMax NVDA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past 3 years, MDLZ returned -3.54%/yr vs 54.54%/yr for NVDY. At a correlation of -0.17, they often move in opposite directions.

Performance

MDLZ vs. NVDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mondelez International, Inc. (MDLZ) 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, MDLZ achieves a 14.88% return, which is significantly higher than NVDY's 13.06% return.

MDLZ

• 1D: 0.39%
• 1M: -0.11%
• YTD: 14.88%
• 6M: 11.39%
• 1Y: -5.50%
• 3Y*: -3.54%
• 5Y*: 1.73%
• 10Y*: 5.51%

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)

MDLZ vs. NVDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MDLZ Mondelez International, Inc.	14.88%	-7.03%	-15.30%	-5.96%
NVDY YieldMax NVDA Option Income Strategy ETF	13.06%	27.38%	114.23%	42.02%

Correlation

The correlation between MDLZ and NVDY is -0.24, 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	-0.24
Correlation (3Y) Calculated over the trailing 3-year period	-0.16
Correlation (All Time) Calculated using the full available price history since May 12, 2023	-0.17

Return for Risk

MDLZ vs. NVDY — Risk / Return Rank

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

MDLZ

MDLZ Risk / Return Rank: 29
MDLZ Sharpe Ratio Rank: 30
MDLZ Sortino Ratio Rank: 25
MDLZ Omega Ratio Rank: 25
MDLZ Calmar Ratio Rank: 33
MDLZ Martin Ratio Rank: 33

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.

MDLZ vs. NVDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mondelez International, Inc. (MDLZ) 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.

	MDLZ	NVDY	Difference
Sharpe ratio: Return per unit of total volatility	-0.25	1.72	-1.97
Sortino ratio: Return per unit of downside risk	-0.20	2.29	-2.49
Omega ratio: Gain probability vs. loss probability	0.97	1.29	-0.31
Calmar ratio: Return relative to maximum drawdown	-0.21	3.66	-3.87
Martin ratio: Return relative to average drawdown	-0.38	9.00	-9.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MDLZ vs. NVDY - Sharpe Ratio Comparison

The current MDLZ Sharpe Ratio is -0.25, which is lower than the NVDY Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of MDLZ and NVDY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MDLZ	NVDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.25	1.72	-1.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	1.64	-1.30

Drawdowns

MDLZ vs. NVDY - Drawdown Comparison

The maximum MDLZ drawdown since its inception was -42.52%, which is greater than NVDY's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for MDLZ and NVDY.

Drawdown Indicators

	MDLZ	NVDY	Difference
Max Drawdown Largest peak-to-trough decline	-42.52%	-34.08%	-8.44%
Max Drawdown (1Y) Largest decline over 1 year	-25.93%	-12.81%	-13.12%
Max Drawdown (3Y) Largest decline over 3 years	-29.00%	-34.08%	+5.08%
Max Drawdown (5Y) Largest decline over 5 years	-29.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.74%	—	—
Current Drawdown Current decline from peak	-14.92%	-6.66%	-8.26%
Average Drawdown Average peak-to-trough decline	-11.03%	-6.15%	-4.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.61%	5.20%	+9.41%

Volatility

MDLZ vs. NVDY - Volatility Comparison

The current volatility for Mondelez International, Inc. (MDLZ) is 4.17%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 9.46%. This indicates that MDLZ 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.

Volatility by Period

	MDLZ	NVDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	9.46%	-5.29%
Volatility (6M) Calculated over the trailing 6-month period	16.04%	20.68%	-4.64%
Volatility (1Y) Calculated over the trailing 1-year period	21.99%	27.35%	-5.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.46%	38.24%	-18.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.02%	38.24%	-17.22%

Dividends

MDLZ vs. NVDY - Dividend Comparison

MDLZ's dividend yield for the trailing twelve months is around 3.21%, less than NVDY's 61.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDLZ Mondelez International, Inc.	3.21%	3.60%	3.00%	2.24%	2.21%	2.01%	2.05%	1.98%	2.40%	1.92%	1.62%	1.43%
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%	0.00%

Frequently Asked Questions

Can I hold both MDLZ and NVDY in my portfolio?

MDLZ and NVDY have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MDLZ or NVDY?

NVDY has higher volatility (9.46%) compared to MDLZ (4.17%). In terms of maximum drawdown, MDLZ dropped -42.52% vs NVDY's -34.08%.

Which has better risk-adjusted returns?

NVDY currently has the higher Sharpe Ratio (1.72 vs -0.25), 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.