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NVDY vs. CONY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVDY and CONY is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

NVDY vs. CONY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax NVDA Option Income Strategy ETF (NVDY) and YieldMax COIN Option Income Strategy ETF (CONY). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
147.86%
146.27%
NVDY
CONY

Key characteristics

Sharpe Ratio

NVDY:

2.86

CONY:

0.70

Sortino Ratio

NVDY:

3.31

CONY:

1.39

Omega Ratio

NVDY:

1.46

CONY:

1.16

Calmar Ratio

NVDY:

5.76

CONY:

1.22

Martin Ratio

NVDY:

18.55

CONY:

2.80

Ulcer Index

NVDY:

6.58%

CONY:

16.44%

Daily Std Dev

NVDY:

42.63%

CONY:

66.07%

Max Drawdown

NVDY:

-21.19%

CONY:

-37.72%

Current Drawdown

NVDY:

-7.33%

CONY:

-15.37%

Returns By Period

In the year-to-date period, NVDY achieves a 114.23% return, which is significantly higher than CONY's 36.03% return.


NVDY

YTD

114.23%

1M

-5.03%

6M

9.51%

1Y

118.58%

5Y*

N/A

10Y*

N/A

CONY

YTD

36.03%

1M

-7.75%

6M

16.57%

1Y

43.01%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


NVDY vs. CONY - Expense Ratio Comparison

Both NVDY and CONY have an expense ratio of 0.99%.


NVDY
YieldMax NVDA Option Income Strategy ETF
Expense ratio chart for NVDY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for CONY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

NVDY vs. CONY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Option Income Strategy ETF (NVDY) and YieldMax COIN Option Income Strategy ETF (CONY). 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.


Sharpe ratio
The chart of Sharpe ratio for NVDY, currently valued at 2.86, compared to the broader market0.002.004.002.860.70
The chart of Sortino ratio for NVDY, currently valued at 3.31, compared to the broader market-2.000.002.004.006.008.0010.003.311.39
The chart of Omega ratio for NVDY, currently valued at 1.46, compared to the broader market0.501.001.502.002.503.001.461.16
The chart of Calmar ratio for NVDY, currently valued at 5.76, compared to the broader market0.005.0010.0015.005.761.22
The chart of Martin ratio for NVDY, currently valued at 18.55, compared to the broader market0.0020.0040.0060.0080.00100.0018.552.80
NVDY
CONY

The current NVDY Sharpe Ratio is 2.86, which is higher than the CONY Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of NVDY and CONY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
2.86
0.70
NVDY
CONY

Dividends

NVDY vs. CONY - Dividend Comparison

NVDY's dividend yield for the trailing twelve months is around 83.65%, less than CONY's 141.44% yield.


TTM2023
NVDY
YieldMax NVDA Option Income Strategy ETF
83.65%22.32%
CONY
YieldMax COIN Option Income Strategy ETF
141.44%16.44%

Drawdowns

NVDY vs. CONY - Drawdown Comparison

The maximum NVDY drawdown since its inception was -21.19%, smaller than the maximum CONY drawdown of -37.72%. Use the drawdown chart below to compare losses from any high point for NVDY and CONY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.33%
-15.37%
NVDY
CONY

Volatility

NVDY vs. CONY - Volatility Comparison

The current volatility for YieldMax NVDA Option Income Strategy ETF (NVDY) is 8.48%, while YieldMax COIN Option Income Strategy ETF (CONY) has a volatility of 19.56%. This indicates that NVDY experiences smaller price fluctuations and is considered to be less risky than CONY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
8.48%
19.56%
NVDY
CONY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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