NVDW vs. NVDY
NVDW (Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - NVDW is a Derivative Income fund actively managed by Roundhill, while NVDY is a Options Trading fund actively managed by YieldMax. Both are actively managed. Over the past year, NVDW returned 69.46% vs 52.45% for NVDY. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.99% expense ratio.
Performance
NVDW vs. NVDY - Performance Comparison
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Returns By Period
In the year-to-date period, NVDW achieves a 21.04% return, which is significantly higher than NVDY's 15.63% return.
NVDW
- 1D
- -0.85%
- 1M
- 14.26%
- YTD
- 21.04%
- 6M
- 24.66%
- 1Y
- 69.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDY
- 1D
- -0.64%
- 1M
- 8.18%
- YTD
- 15.63%
- 6M
- 19.60%
- 1Y
- 52.45%
- 3Y*
- 55.70%
- 5Y*
- —
- 10Y*
- —
NVDW vs. NVDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF | 21.04% | 40.00% |
NVDY YieldMax NVDA Option Income Strategy ETF | 15.63% | 31.85% |
Correlation
The correlation between NVDW and NVDY is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 3, 2025 | 0.99 |
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Return for Risk
NVDW vs. NVDY — Risk / Return Rank
NVDW
NVDY
NVDW vs. NVDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| NVDW | NVDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.71 | 1.67 | +0.04 |
Drawdowns
NVDW vs. NVDY - Drawdown Comparison
The maximum NVDW drawdown since its inception was -25.54%, smaller than the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for NVDW and NVDY.
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Drawdown Indicators
| NVDW | NVDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.54% | -34.08% | +8.54% |
Max Drawdown (1Y)Largest decline over 1 year | -25.54% | -12.81% | -12.73% |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.08% | — |
Current DrawdownCurrent decline from peak | -6.74% | -4.54% | -2.20% |
Average DrawdownAverage peak-to-trough decline | -8.18% | -6.15% | -2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.18% | — |
Volatility
NVDW vs. NVDY - Volatility Comparison
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Volatility by Period
| NVDW | NVDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.58% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.99% | 27.28% | +13.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.99% | 38.24% | +2.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.99% | 38.24% | +2.75% |
NVDW vs. NVDY - Expense Ratio Comparison
Both NVDW and NVDY have an expense ratio of 0.99%.
Dividends
NVDW vs. NVDY - Dividend Comparison
NVDW's dividend yield for the trailing twelve months is around 55.71%, less than NVDY's 60.00% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF | 55.71% | 38.94% | 0.00% | 0.00% |
NVDY YieldMax NVDA Option Income Strategy ETF | 60.00% | 83.10% | 83.65% | 22.32% |
Frequently Asked Questions
With a correlation of 0.99, NVDW and NVDY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On 1-year performance, NVDW leads with 69.46% vs 52.45% for NVDY. Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NVDW has performed better with a 69.46% return vs 52.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NVDW and NVDY have the same expense ratio: 0.99% per year.
NVDY has the higher dividend yield at 60.00%, compared with 55.71% for NVDW.
NVDW is categorized as Derivative Income, while NVDY is Options Trading. They also come from different issuers: Roundhill and YieldMax.
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