NVDA vs. NVDY
Compare and contrast key facts about NVIDIA Corporation (NVDA) and YieldMax NVDA Option Income Strategy ETF (NVDY).
NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVDA or NVDY.
Performance
NVDA vs. NVDY - Performance Comparison
Returns By Period
In the year-to-date period, NVDA achieves a 196.92% return, which is significantly higher than NVDY's 127.07% return.
NVDA
196.92%
6.53%
54.15%
191.72%
95.30%
77.10%
NVDY
127.07%
5.38%
38.36%
136.19%
N/A
N/A
Key characteristics
| NVDA | NVDY | |
|---|---|---|
| Sharpe Ratio | 3.81 | 3.30 |
| Sortino Ratio | 3.86 | 3.63 |
| Omega Ratio | 1.49 | 1.52 |
| Calmar Ratio | 7.33 | 6.58 |
| Martin Ratio | 23.08 | 21.87 |
| Ulcer Index | 8.59% | 6.37% |
| Daily Std Dev | 52.05% | 42.31% |
| Max Drawdown | -89.73% | -21.19% |
| Current Drawdown | -1.26% | -0.31% |
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Correlation
The correlation between NVDA and NVDY is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
NVDA vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NVIDIA Corporation (NVDA) 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.
Dividends
NVDA vs. NVDY - Dividend Comparison
NVDA's dividend yield for the trailing twelve months is around 0.02%, less than NVDY's 72.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
NVDY YieldMax NVDA Option Income Strategy ETF | 72.72% | 22.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NVDA vs. NVDY - Drawdown Comparison
The maximum NVDA drawdown since its inception was -89.73%, which is greater than NVDY's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for NVDA and NVDY. For additional features, visit the drawdowns tool.
Volatility
NVDA vs. NVDY - Volatility Comparison
NVIDIA Corporation (NVDA) has a higher volatility of 10.88% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 8.41%. This indicates that NVDA's price experiences larger fluctuations and is considered to be riskier than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.