NVDY vs. RIO.L
NVDY (YieldMax NVDA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while RIO.L (Rio Tinto PLC) is a stock. Over the past 3 years, NVDY returned 52.53%/yr vs 21.37%/yr for RIO.L. At a 0.18 correlation, their price movements are largely independent.
Performance
NVDY vs. RIO.L - Performance Comparison
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Different Trading Currencies
NVDY is traded in USD, while RIO.L is traded in GBp. To make them comparable, the RIO.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NVDY achieves a 11.48% return, which is significantly lower than RIO.L's 24.60% return.
NVDY
- 1D
- 1.89%
- 1M
- -4.04%
- YTD
- 11.48%
- 6M
- 14.39%
- 1Y
- 38.93%
- 3Y*
- 52.53%
- 5Y*
- —
- 10Y*
- —
RIO.L
- 1D
- -2.39%
- 1M
- -4.70%
- YTD
- 24.60%
- 6M
- 28.73%
- 1Y
- 84.66%
- 3Y*
- 21.37%
- 5Y*
- 12.55%
- 10Y*
- 20.72%
NVDY vs. RIO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 11.48% | 27.38% | 114.23% | 41.31% |
RIO.L Rio Tinto PLC | 24.60% | 44.94% | -14.82% | 21.49% |
Correlation
The correlation between NVDY and RIO.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 11, 2023 | 0.18 |
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Return for Risk
NVDY vs. RIO.L — Risk / Return Rank
NVDY
RIO.L
NVDY vs. RIO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Option Income Strategy ETF (NVDY) and Rio Tinto PLC (RIO.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NVDY | RIO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.45 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 5.48 | -2.42 |
| Martin ratioReturn relative to average drawdown | 7.04 | 19.48 | -12.44 |
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Drawdowns
NVDY vs. RIO.L - Drawdown Comparison
The maximum NVDY drawdown since its inception was -34.08%, smaller than the maximum RIO.L drawdown of -88.71%. Use the drawdown chart below to compare losses from any high point for NVDY and RIO.L.
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Drawdown Indicators
| NVDY | RIO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.08% | -88.71% | +54.63% |
Max Drawdown (1Y)Largest decline over 1 year | -12.81% | -15.38% | +2.57% |
Max Drawdown (3Y)Largest decline over 3 years | -34.08% | -23.98% | -10.10% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.42% | — |
Current DrawdownCurrent decline from peak | -7.97% | -12.56% | +4.59% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -28.10% | +21.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 4.33% | +1.21% |
Volatility
NVDY vs. RIO.L - Volatility Comparison
YieldMax NVDA Option Income Strategy ETF (NVDY) and Rio Tinto PLC (RIO.L) have volatilities of 9.77% and 9.71%, 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.
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Volatility by Period
| NVDY | RIO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.77% | 9.71% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 21.68% | 23.54% | -1.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.13% | 28.04% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.18% | 29.47% | +8.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.18% | 30.70% | +7.48% |
Dividends
NVDY vs. RIO.L - Dividend Comparison
NVDY's dividend yield for the trailing twelve months is around 66.89%, more than RIO.L's 4.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 66.89% | 83.10% | 83.65% | 22.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RIO.L Rio Tinto PLC | 4.06% | 4.75% | 7.16% | 5.53% | 9.90% | 14.14% | 5.43% | 5.76% | 6.07% | 4.66% | 3.42% | 7.42% |
Frequently Asked Questions
NVDY and RIO.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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