NVDW vs. USOY

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) and Defiance Oil Enhanced Options Income ETF (USOY).

NVDW and USOY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVDW is an actively managed fund by Roundhill. It was launched on Feb 19, 2025. USOY is an actively managed fund by Defiance. It was launched on May 9, 2024.

Performance

NVDW vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

NVDW vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	-9.02%	40.00%
USOY Defiance Oil Enhanced Options Income ETF	60.22%	-2.71%

Returns By Period

In the year-to-date period, NVDW achieves a -9.02% return, which is significantly lower than USOY's 60.22% return.

NVDW

• 1D: 6.84%
• 1M: -2.31%
• YTD: -9.02%
• 6M: -10.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: -0.54%
• 1M: 34.04%
• YTD: 60.22%
• 6M: 55.39%
• 1Y: 44.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVDW vs. USOY - Expense Ratio Comparison

NVDW has a 0.99% expense ratio, which is lower than USOY's 1.22% expense ratio.

USOY

Defiance Oil Enhanced Options Income ETF

NVDW

Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF

Return for Risk

NVDW vs. USOY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USOY

USOY Risk / Return Rank: 80
USOY Sharpe Ratio Rank: 87
USOY Sortino Ratio Rank: 84
USOY Omega Ratio Rank: 83
USOY Calmar Ratio Rank: 89
USOY Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVDW vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

Sharpe Ratios by Period

	NVDW	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.24	-0.39

Correlation

The correlation between NVDW and USOY is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

NVDW vs. USOY - Dividend Comparison

NVDW's dividend yield for the trailing twelve months is around 60.38%, less than USOY's 64.71% yield.

	TTM	2025	2024
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	60.38%	38.94%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	64.71%	104.32%	48.60%

Drawdowns

NVDW vs. USOY - Drawdown Comparison

The maximum NVDW drawdown since its inception was -25.54%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for NVDW and USOY.

Drawdown Indicators

	NVDW	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-25.54%	-17.46%	-8.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.70%	—
Current Drawdown Current decline from peak	-20.45%	-0.54%	-19.91%
Average Drawdown Average peak-to-trough decline	-8.20%	-6.56%	-1.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.34%	—

Volatility

Volatility by Period

	NVDW	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.13%	25.35%	+14.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.13%	22.37%	+17.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.13%	22.37%	+17.76%