NTRS vs. NFLY

Last updated Aug 5, 2026

NTRS (Northern Trust Corporation) is a stock, while NFLY (YieldMax NFLX Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, NTRS returned 46.14% vs -33.01% for NFLY. Their 0.10 correlation means their historical movements had little consistent relationship.

Performance

NTRS vs. NFLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Trust Corporation (NTRS) and YieldMax NFLX Option Income Strategy ETF (NFLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NTRS achieves a 34.92% return, which is significantly higher than NFLY's -18.75% return.

NTRS

• 1D: 0.12%
• 1M: 3.35%
• 6M: 22.99%
• YTD: 34.92%
• 1Y: 46.14%
• 3Y*: 35.50%
• 5Y*: 13.55%
• 10Y*: 13.21%
• ALL TIME*: 12.59%

NFLY

• 1D: 0.30%
• 1M: -6.01%
• 6M: -8.45%
• YTD: -18.75%
• 1Y: -33.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NFLY YieldMax NFLX Option Income Strategy ETF	$391.78K	$499.39K	$697.16K
NTRS Northern Trust Corporation	$226.42M	$199.37M	$188.33M

NTRS vs. NFLY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NTRS Northern Trust Corporation	34.92%	36.92%	25.63%	6.39%
NFLY YieldMax NFLX Option Income Strategy ETF	-18.75%	1.66%	66.37%	3.80%

Correlation

The correlation between NTRS and NFLY is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.02
Correlation (All Time) Calculated using the full available price history since Aug 8, 2023	0.10

Return for Risk

NTRS vs. NFLY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NTRS

NTRS Risk / Return Rank: 89
NTRS Sharpe Ratio Rank: 89
NTRS Sortino Ratio Rank: 87
NTRS Omega Ratio Rank: 86
NTRS Calmar Ratio Rank: 90
NTRS Martin Ratio Rank: 90

NFLY

NFLY Risk / Return Rank: 1
NFLY Sharpe Ratio Rank: 1
NFLY Sortino Ratio Rank: 1
NFLY Omega Ratio Rank: 1
NFLY Calmar Ratio Rank: 2
NFLY Martin Ratio Rank: 1

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NTRS vs. NFLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Trust Corporation (NTRS) and YieldMax NFLX Option Income Strategy ETF (NFLY). 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.

	NTRS	NFLY	Difference
Sharpe ratio: Return per unit of total volatility	1.89	-1.16	+3.04
Sortino ratio: Return per unit of downside risk	2.62	-1.67	+4.29
Omega ratio: Gain probability vs. loss probability	1.33	0.78	+0.54
Calmar ratio: Return relative to maximum drawdown	3.74	-0.81	+4.56
Martin ratio: Return relative to average drawdown	10.29	-1.47	+11.76

NTRS vs. NFLY - Sharpe Ratio Comparison

The current NTRS Sharpe Ratio is 1.89, which is higher than the NFLY Sharpe Ratio of -1.16. The chart below compares the historical Sharpe Ratios of NTRS and NFLY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NTRS vs. NFLY - Drawdown Comparison

The maximum NTRS drawdown since its inception was -67.67%, which is greater than NFLY's maximum drawdown of -43.49%. Use the drawdown chart below to compare losses from any high point for NTRS and NFLY.

Drawdown Indicators

	NTRS	NFLY	Difference
Max Drawdown Largest peak-to-trough decline	-67.67%	-43.49%	-24.18%
Max Drawdown (1Y) Largest decline over 1 year	-12.39%	-40.74%	+28.35%
Max Drawdown (3Y) Largest decline over 3 years	-25.21%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.03%	—	—
Current Drawdown Current decline from peak	-4.56%	-39.67%	+35.11%
Average Drawdown Average peak-to-trough decline	-20.88%	-10.13%	-10.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.50%	22.49%	-17.99%

Volatility

NTRS vs. NFLY - Volatility Comparison

The current volatility for Northern Trust Corporation (NTRS) is 7.02%, while YieldMax NFLX Option Income Strategy ETF (NFLY) has a volatility of 7.78%. This indicates that NTRS experiences smaller price fluctuations and is considered to be less risky than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NTRS	NFLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	7.78%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	18.84%	22.61%	-3.77%
Volatility (1Y) Calculated over the trailing 1-year period	24.55%	28.69%	-4.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.41%	28.35%	+1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.23%	28.35%	+1.88%

Dividends

NTRS vs. NFLY - Dividend Comparison

NTRS's dividend yield for the trailing twelve months is around 1.75%, less than NFLY's 63.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFLY YieldMax NFLX Option Income Strategy ETF	63.57%	61.53%	49.91%	11.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NTRS Northern Trust Corporation	1.75%	2.27%	2.93%	3.56%	3.28%	2.34%	3.01%	2.45%	2.32%	1.60%	1.66%	1.96%

Frequently Asked Questions

Can I hold both NTRS and NFLY in my portfolio?

NTRS and NFLY have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NTRS or NFLY?

NFLY has higher volatility (7.78%) compared to NTRS (7.02%). In terms of maximum drawdown, NTRS dropped -67.67% vs NFLY's -43.49%.

Which has better risk-adjusted returns?

NTRS currently has the higher Sharpe Ratio (1.89 vs -1.16), 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.