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

Key characteristics


NVDYXLG
YTD Return118.94%29.28%
1Y Return153.97%45.95%
Sharpe Ratio3.653.22
Sortino Ratio3.904.15
Omega Ratio1.571.59
Calmar Ratio7.204.11
Martin Ratio24.0317.22
Ulcer Index6.35%2.70%
Daily Std Dev41.77%14.43%
Max Drawdown-21.19%-52.39%
Current Drawdown-1.44%-0.35%

Correlation

-0.50.00.51.00.7

The correlation between NVDY and XLG is 0.68, 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. XLG - Performance Comparison

In the year-to-date period, NVDY achieves a 118.94% return, which is significantly higher than XLG's 29.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctober
52.49%
20.11%
NVDY
XLG

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NVDY vs. XLG - Expense Ratio Comparison

NVDY has a 0.99% expense ratio, which is higher than XLG's 0.20% expense ratio.


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 XLG: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

NVDY vs. XLG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Option Income Strategy ETF (NVDY) and Invesco S&P 500® Top 50 ETF (XLG). 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
Sharpe ratio
The chart of Sharpe ratio for NVDY, currently valued at 3.65, compared to the broader market-2.000.002.004.006.003.65
Sortino ratio
The chart of Sortino ratio for NVDY, currently valued at 3.90, compared to the broader market0.005.0010.003.90
Omega ratio
The chart of Omega ratio for NVDY, currently valued at 1.57, compared to the broader market1.001.502.002.503.003.501.57
Calmar ratio
The chart of Calmar ratio for NVDY, currently valued at 7.20, compared to the broader market0.005.0010.0015.007.20
Martin ratio
The chart of Martin ratio for NVDY, currently valued at 24.03, compared to the broader market0.0020.0040.0060.0080.00100.00120.0024.03
XLG
Sharpe ratio
The chart of Sharpe ratio for XLG, currently valued at 3.22, compared to the broader market-2.000.002.004.006.003.22
Sortino ratio
The chart of Sortino ratio for XLG, currently valued at 4.15, compared to the broader market0.005.0010.004.15
Omega ratio
The chart of Omega ratio for XLG, currently valued at 1.59, compared to the broader market1.001.502.002.503.003.501.59
Calmar ratio
The chart of Calmar ratio for XLG, currently valued at 4.11, compared to the broader market0.005.0010.0015.004.11
Martin ratio
The chart of Martin ratio for XLG, currently valued at 17.22, compared to the broader market0.0020.0040.0060.0080.00100.00120.0017.22

NVDY vs. XLG - Sharpe Ratio Comparison

The current NVDY Sharpe Ratio is 3.65, which is comparable to the XLG Sharpe Ratio of 3.22. The chart below compares the historical Sharpe Ratios of NVDY and XLG, 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 Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctober
3.65
3.22
NVDY
XLG

Dividends

NVDY vs. XLG - Dividend Comparison

NVDY's dividend yield for the trailing twelve months is around 70.18%, more than XLG's 0.74% yield.


TTM20232022202120202019201820172016201520142013
NVDY
YieldMax NVDA Option Income Strategy ETF
70.18%22.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLG
Invesco S&P 500® Top 50 ETF
0.74%0.97%1.34%0.94%1.25%1.58%2.00%1.85%2.00%2.09%1.97%1.97%

Drawdowns

NVDY vs. XLG - Drawdown Comparison

The maximum NVDY drawdown since its inception was -21.19%, smaller than the maximum XLG drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for NVDY and XLG. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctober
-1.44%
-0.35%
NVDY
XLG

Volatility

NVDY vs. XLG - Volatility Comparison

YieldMax NVDA Option Income Strategy ETF (NVDY) has a higher volatility of 7.13% compared to Invesco S&P 500® Top 50 ETF (XLG) at 3.05%. This indicates that NVDY's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctober
7.13%
3.05%
NVDY
XLG