NFLY vs. ISPY
Compare and contrast key facts about YieldMax NFLX Option Income Strategy ETF (NFLY) and ProShares S&P 500 High Income ETF (ISPY).
NFLY and ISPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023. ISPY is a passively managed fund by ProShares that tracks the performance of the S&P 500 Daily Covered Call Index. It was launched on Dec 18, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFLY or ISPY.
Key characteristics
| NFLY | ISPY | |
|---|---|---|
| YTD Return | 33.47% | 16.43% |
| Daily Std Dev | 27.60% | 11.46% |
| Max Drawdown | -21.44% | -7.88% |
| Current Drawdown | -1.07% | -0.14% |
Correlation
The correlation between NFLY and ISPY is 0.47, 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.
Performance
NFLY vs. ISPY - Performance Comparison
In the year-to-date period, NFLY achieves a 33.47% return, which is significantly higher than ISPY's 16.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NFLY vs. ISPY - Expense Ratio Comparison
NFLY has a 0.99% expense ratio, which is higher than ISPY's 0.55% expense ratio.
Risk-Adjusted Performance
NFLY vs. ISPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NFLX Option Income Strategy ETF (NFLY) and ProShares S&P 500 High Income ETF (ISPY). 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.
Not enough dataDividends
NFLY vs. ISPY - Dividend Comparison
NFLY's dividend yield for the trailing twelve months is around 50.26%, more than ISPY's 7.15% yield.
| TTM | 2023 | |
|---|---|---|
NFLY YieldMax NFLX Option Income Strategy ETF | 50.26% | 11.84% |
ISPY ProShares S&P 500 High Income ETF | 7.15% | 0.00% |
Drawdowns
NFLY vs. ISPY - Drawdown Comparison
The maximum NFLY drawdown since its inception was -21.44%, which is greater than ISPY's maximum drawdown of -7.88%. Use the drawdown chart below to compare losses from any high point for NFLY and ISPY. For additional features, visit the drawdowns tool.
Volatility
NFLY vs. ISPY - Volatility Comparison
YieldMax NFLX Option Income Strategy ETF (NFLY) has a higher volatility of 5.77% compared to ProShares S&P 500 High Income ETF (ISPY) at 3.87%. This indicates that NFLY's price experiences larger fluctuations and is considered to be riskier than ISPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.