NVDI.L vs. NVDY
Compare and contrast key facts about IncomeShares NVIDIA NVDA Options ETP (NVDI.L) and YieldMax NVDA Option Income Strategy ETF (NVDY).
NVDI.L and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVDI.L is an actively managed fund by Leverage Shares. It was launched on Jul 22, 2024. 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: NVDI.L or NVDY.
Correlation
The correlation between NVDI.L and NVDY is 0.58, 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
NVDI.L vs. NVDY - Performance Comparison
Key characteristics
NVDI.L:
46.21%
NVDY:
47.87%
NVDI.L:
-23.66%
NVDY:
-21.19%
NVDI.L:
-7.86%
NVDY:
-11.19%
Returns By Period
In the year-to-date period, NVDI.L achieves a -0.83% return, which is significantly higher than NVDY's -4.16% return.
NVDI.L
-0.83%
0.38%
0.00%
N/A
N/A
N/A
NVDY
-4.16%
-3.73%
9.82%
65.97%
N/A
N/A
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NVDI.L vs. NVDY - Expense Ratio Comparison
NVDI.L has a 0.55% expense ratio, which is lower than NVDY's 0.99% expense ratio.
Risk-Adjusted Performance
NVDI.L vs. NVDY — Risk-Adjusted Performance Rank
NVDI.L
NVDY
NVDI.L vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares NVIDIA NVDA Options ETP (NVDI.L) 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.
Not enough dataDividends
NVDI.L vs. NVDY - Dividend Comparison
NVDI.L's dividend yield for the trailing twelve months is around 8.04%, less than NVDY's 92.56% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
NVDI.L IncomeShares NVIDIA NVDA Options ETP | 8.04% | 2.59% | 0.00% |
NVDY YieldMax NVDA Option Income Strategy ETF | 92.56% | 83.65% | 22.32% |
Drawdowns
NVDI.L vs. NVDY - Drawdown Comparison
The maximum NVDI.L drawdown since its inception was -23.66%, which is greater than NVDY's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for NVDI.L and NVDY. For additional features, visit the drawdowns tool.
Volatility
NVDI.L vs. NVDY - Volatility Comparison
IncomeShares NVIDIA NVDA Options ETP (NVDI.L) and YieldMax NVDA Option Income Strategy ETF (NVDY) have volatilities of 23.24% and 22.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.