NMBL vs. PPI
NMBL (NovaTide Flexible Allocation ETF) and PPI (Astoria Real Assets ETF) are both Global Allocation funds. Both are actively managed. Their 0.75 correlation means they have sometimes moved together and sometimes differently. NMBL charges 1.99%/yr vs 0.58%/yr for PPI.
Performance
NMBL vs. PPI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NMBL achieves a 2.78% return, which is significantly lower than PPI's 14.54% return.
NMBL
- 1D
- 0.03%
- 1M
- -1.05%
- 6M
- 0.54%
- YTD
- 2.78%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PPI
- 1D
- 0.54%
- 1M
- 0.41%
- 6M
- 7.48%
- YTD
- 14.54%
- 1Y
- 27.13%
- 3Y*
- 18.14%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 14.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $29.75K | $28.39K | $73.37K | |
| $700.24K | $640.79K | $650.34K |
NMBL vs. PPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NMBL NovaTide Flexible Allocation ETF | 2.78% | -0.27% |
PPI Astoria Real Assets ETF | 14.54% | -0.75% |
Correlation
The correlation between NMBL and PPI is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 31, 2025 | 0.75 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NMBL vs. PPI — Risk / Return Rank
NMBL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PPI
NMBL vs. PPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NovaTide Flexible Allocation ETF (NMBL) and Astoria Real Assets ETF (PPI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NMBL | PPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.28 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.32 | — |
| Martin ratioReturn relative to average drawdown | — | 8.34 | — |
Loading charts...
Drawdowns
NMBL vs. PPI - Drawdown Comparison
The maximum NMBL drawdown since its inception was -8.05%, smaller than the maximum PPI drawdown of -24.54%. Use the drawdown chart below to compare losses from any high point for NMBL and PPI.
Loading charts...
Drawdown Indicators
| NMBL | PPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.05% | -24.54% | +16.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.98% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.70% | — |
Current DrawdownCurrent decline from peak | -4.49% | -4.91% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -6.44% | +4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.16% | — |
Volatility
NMBL vs. PPI - Volatility Comparison
Loading charts...
Volatility by Period
| NMBL | PPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.28% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.04% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.10% | 16.72% | -3.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.10% | 18.95% | -5.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.10% | 18.95% | -5.85% |
NMBL vs. PPI - Expense Ratio Comparison
NMBL has a 1.99% expense ratio, which is higher than PPI's 0.58% expense ratio.
Dividends
NMBL vs. PPI - Dividend Comparison
NMBL's dividend yield for the trailing twelve months is around 0.90%, less than PPI's 1.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
NMBL NovaTide Flexible Allocation ETF | 0.90% | 0.93% | 0.00% | 0.00% | 0.00% |
PPI Astoria Real Assets ETF | 1.31% | 1.06% | 0.60% | 2.87% | 2.40% |
Frequently Asked Questions
NMBL and PPI have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPI is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPI is cheaper with a 0.58% expense ratio, compared with 1.99% for NMBL.
PPI has the higher dividend yield at 1.31%, compared with 0.90% for NMBL.
They also come from different issuers: Tidal and AXS. Their fees differ too: 1.99% for NMBL and 0.58% for PPI.
Find the right allocation for NMBL and PPI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer