NVDY vs. AMZN
Compare and contrast key facts about YieldMax NVDA Option Income Strategy ETF (NVDY) and Amazon.com, Inc. (AMZN).
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: NVDY or AMZN.
Key characteristics
| NVDY | AMZN | |
|---|---|---|
| YTD Return | 118.94% | 26.85% |
| 1Y Return | 153.97% | 44.81% |
| Sharpe Ratio | 3.65 | 1.75 |
| Sortino Ratio | 3.90 | 2.37 |
| Omega Ratio | 1.57 | 1.31 |
| Calmar Ratio | 7.20 | 1.58 |
| Martin Ratio | 24.03 | 7.72 |
| Ulcer Index | 6.35% | 5.86% |
| Daily Std Dev | 41.77% | 25.89% |
| Max Drawdown | -21.19% | -94.40% |
| Current Drawdown | -1.44% | -3.63% |
Correlation
The correlation between NVDY and AMZN is 0.46, 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
NVDY vs. AMZN - Performance Comparison
In the year-to-date period, NVDY achieves a 118.94% return, which is significantly higher than AMZN's 26.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NVDY vs. AMZN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Option Income Strategy ETF (NVDY) and Amazon.com, Inc. (AMZN). 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
NVDY vs. AMZN - Dividend Comparison
NVDY's dividend yield for the trailing twelve months is around 70.18%, while AMZN has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 70.18% | 22.32% |
AMZN Amazon.com, Inc. | 0.00% | 0.00% |
Drawdowns
NVDY vs. AMZN - Drawdown Comparison
The maximum NVDY drawdown since its inception was -21.19%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for NVDY and AMZN. For additional features, visit the drawdowns tool.
Volatility
NVDY vs. AMZN - Volatility Comparison
YieldMax NVDA Option Income Strategy ETF (NVDY) has a higher volatility of 7.13% compared to Amazon.com, Inc. (AMZN) at 6.06%. This indicates that NVDY's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.