NVDY vs. SCHD
NVDY (YieldMax NVDA Option Income Strategy ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - NVDY is a Derivative Income fund actively managed by YieldMax, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. NVDY is actively managed, while SCHD is passively managed. Over the past 3 years, NVDY returned 53.70%/yr vs 14.73%/yr for SCHD. At a 0.08 correlation, their price movements are largely independent. NVDY charges 0.99%/yr vs 0.06%/yr for SCHD.
Performance
NVDY vs. SCHD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NVDY achieves a 10.31% return, which is significantly lower than SCHD's 18.71% return.
NVDY
- 1D
- 1.46%
- 1M
- -2.61%
- YTD
- 10.31%
- 6M
- 11.29%
- 1Y
- 42.27%
- 3Y*
- 53.70%
- 5Y*
- —
- 10Y*
- —
SCHD
- 1D
- -0.03%
- 1M
- 2.12%
- YTD
- 18.71%
- 6M
- 19.28%
- 1Y
- 26.37%
- 3Y*
- 14.73%
- 5Y*
- 8.49%
- 10Y*
- 12.65%
NVDY vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 10.31% | 27.38% | 114.23% | 41.31% |
SCHD Schwab U.S. Dividend Equity ETF | 18.71% | 4.34% | 11.66% | 11.54% |
Correlation
The correlation between NVDY and SCHD is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since May 11, 2023 | 0.08 |
The correlation between NVDY and SCHD shifts across timeframes, from -0.12 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NVDY vs. SCHD — Risk / Return Rank
NVDY
SCHD
NVDY vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Option Income Strategy ETF (NVDY) and Schwab U.S. Dividend Equity ETF (SCHD). 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.
| NVDY | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.43 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 5.74 | -2.43 |
| Martin ratioReturn relative to average drawdown | 8.03 | 14.06 | -6.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NVDY | SCHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 2.43 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.59 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.59 | 0.86 | +0.73 |
Drawdowns
NVDY vs. SCHD - Drawdown Comparison
The maximum NVDY drawdown since its inception was -34.08%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for NVDY and SCHD.
Loading charts...
Drawdown Indicators
| NVDY | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.08% | -33.37% | -0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -12.81% | -4.61% | -8.20% |
Max Drawdown (3Y)Largest decline over 3 years | -34.08% | -16.13% | -17.95% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.37% | — |
Current DrawdownCurrent decline from peak | -8.93% | -1.64% | -7.29% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -3.32% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.28% | 1.88% | +3.40% |
Volatility
NVDY vs. SCHD - Volatility Comparison
YieldMax NVDA Option Income Strategy ETF (NVDY) has a higher volatility of 10.13% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.83%. This indicates that NVDY's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NVDY | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.13% | 2.83% | +7.30% |
Volatility (6M)Calculated over the trailing 6-month period | 21.34% | 7.60% | +13.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.86% | 10.94% | +16.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.29% | 14.38% | +23.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.29% | 16.72% | +21.57% |
NVDY vs. SCHD - Expense Ratio Comparison
NVDY has a 0.99% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Dividends
NVDY vs. SCHD - Dividend Comparison
NVDY's dividend yield for the trailing twelve months is around 64.50%, more than SCHD's 3.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 64.50% | 83.10% | 83.65% | 22.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab U.S. Dividend Equity ETF | 3.27% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Frequently Asked Questions
NVDY and SCHD have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDY has higher volatility (10.13%) compared to SCHD (2.83%). In terms of maximum drawdown, NVDY dropped -34.08% vs SCHD's -33.37%.
On 3-year performance, NVDY leads with 53.70% vs 14.73% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, NVDY has performed better with a 53.70% return vs 14.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.99% for NVDY.
NVDY has the higher dividend yield at 64.50%, compared with 3.27% for SCHD.
NVDY is categorized as Derivative Income, while SCHD is Dividend. They also come from different issuers: YieldMax and Charles Schwab. Their fees differ too: 0.99% for NVDY and 0.06% for SCHD.
SCHD currently has the higher Sharpe Ratio (2.43 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NVDY and SCHD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer