NFLY vs. NDIV
NFLY (YieldMax NFLX Option Income Strategy ETF) and NDIV (Amplify Natural Resources Dividend Income ETF) are both exchange-traded funds - NFLY is a Derivative Income fund actively managed by YieldMax, while NDIV is a Energy Equities fund tracking the EQM Natural Resources Dividend Income Index. NFLY is actively managed, while NDIV is passively managed. Over the past year, NFLY returned -27.58% vs 34.21% for NDIV. At a 0.06 correlation, their price movements are largely independent. NFLY charges 0.99%/yr vs 0.59%/yr for NDIV.
Performance
NFLY vs. NDIV - Performance Comparison
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Returns By Period
In the year-to-date period, NFLY achieves a -8.84% return, which is significantly lower than NDIV's 32.65% return.
NFLY
- 1D
- -1.96%
- 1M
- -7.89%
- YTD
- -8.84%
- 6M
- -15.99%
- 1Y
- -27.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NDIV
- 1D
- -0.69%
- 1M
- -2.94%
- YTD
- 32.65%
- 6M
- 28.18%
- 1Y
- 34.21%
- 3Y*
- 18.96%
- 5Y*
- —
- 10Y*
- —
NFLY vs. NDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NFLY YieldMax NFLX Option Income Strategy ETF | -8.84% | 1.66% | 66.37% | 3.45% |
NDIV Amplify Natural Resources Dividend Income ETF | 32.65% | 2.85% | 6.18% | 6.26% |
Correlation
The correlation between NFLY and NDIV is -0.15, 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 | -0.15 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2023 | 0.06 |
The correlation between NFLY and NDIV shifts across timeframes, from -0.15 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NFLY vs. NDIV — Risk / Return Rank
NFLY
NDIV
NFLY vs. NDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NFLX Option Income Strategy ETF (NFLY) and Amplify Natural Resources Dividend Income ETF (NDIV). 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.
| NFLY | NDIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.72 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.29 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 3.20 | -3.95 |
| Martin ratioReturn relative to average drawdown | -1.34 | 7.55 | -8.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NFLY | NDIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.00 | 1.73 | -2.73 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.73 | -0.09 |
Drawdowns
NFLY vs. NDIV - Drawdown Comparison
The maximum NFLY drawdown since its inception was -37.18%, which is greater than NDIV's maximum drawdown of -19.73%. Use the drawdown chart below to compare losses from any high point for NFLY and NDIV.
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Drawdown Indicators
| NFLY | NDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.18% | -19.73% | -17.45% |
Max Drawdown (1Y)Largest decline over 1 year | -37.18% | -10.73% | -26.45% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.73% | — |
Current DrawdownCurrent decline from peak | -32.30% | -4.08% | -28.22% |
Average DrawdownAverage peak-to-trough decline | -8.51% | -4.20% | -4.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.55% | 4.55% | +16.00% |
Volatility
NFLY vs. NDIV - Volatility Comparison
YieldMax NFLX Option Income Strategy ETF (NFLY) has a higher volatility of 6.12% compared to Amplify Natural Resources Dividend Income ETF (NDIV) at 4.65%. This indicates that NFLY's price experiences larger fluctuations and is considered to be riskier than NDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFLY | NDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.12% | 4.65% | +1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 21.18% | 13.38% | +7.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.67% | 20.04% | +7.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.32% | 20.92% | +7.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.32% | 20.92% | +7.40% |
NFLY vs. NDIV - Expense Ratio Comparison
NFLY has a 0.99% expense ratio, which is higher than NDIV's 0.59% expense ratio.
Dividends
NFLY vs. NDIV - Dividend Comparison
NFLY's dividend yield for the trailing twelve months is around 58.24%, more than NDIV's 6.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
NDIV Amplify Natural Resources Dividend Income ETF | 6.53% | 5.64% | 5.88% | 7.37% | 1.69% |
NFLY YieldMax NFLX Option Income Strategy ETF | 58.24% | 61.53% | 49.91% | 11.84% | 0.00% |
Frequently Asked Questions
NFLY and NDIV have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFLY has higher volatility (6.12%) compared to NDIV (4.65%). In terms of maximum drawdown, NFLY dropped -37.18% vs NDIV's -19.73%.
On 1-year performance, NDIV leads with 34.21% vs -27.58% for NFLY. On fees, NDIV is cheaper at 0.59% per year. On volatility, NDIV has been the lower-risk option at 4.65%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NDIV has performed better with a 34.21% return vs -27.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NDIV is cheaper with a 0.59% expense ratio, compared with 0.99% for NFLY.
NFLY has the higher dividend yield at 58.24%, compared with 6.53% for NDIV.
NFLY is categorized as Derivative Income, while NDIV is Energy Equities. They also come from different issuers: YieldMax and Amplify. Their fees differ too: 0.99% for NFLY and 0.59% for NDIV.
NDIV currently has the higher Sharpe Ratio (1.73 vs -1.00), 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.
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