NVIT vs. CONY
NVIT (YieldMax NVDA Performance & Distribution Target 25 ETF) and CONY (YieldMax COIN Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. NVIT charges 1.08%/yr vs 0.99%/yr for CONY.
Performance
NVIT vs. CONY - Performance Comparison
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Returns By Period
In the year-to-date period, NVIT achieves a 15.44% return, which is significantly higher than CONY's -25.27% return.
NVIT
- 1D
- -2.67%
- 1M
- 6.72%
- YTD
- 15.44%
- 6M
- 19.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CONY
- 1D
- -5.62%
- 1M
- -16.66%
- YTD
- -25.27%
- 6M
- -35.82%
- 1Y
- -42.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVIT vs. CONY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 15.44% | 3.48% |
CONY YieldMax COIN Option Income Strategy ETF | -25.27% | -11.84% |
Correlation
The correlation between NVIT and CONY is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | 0.42 |
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Return for Risk
NVIT vs. CONY — Risk / Return Rank
NVIT
CONY
NVIT vs. CONY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| NVIT | CONY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.37 | 0.13 | +1.24 |
Drawdowns
NVIT vs. CONY - Drawdown Comparison
The maximum NVIT drawdown since its inception was -11.11%, smaller than the maximum CONY drawdown of -63.57%. Use the drawdown chart below to compare losses from any high point for NVIT and CONY.
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Drawdown Indicators
| NVIT | CONY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.11% | -63.57% | +52.46% |
Max Drawdown (1Y)Largest decline over 1 year | — | -63.39% | — |
Current DrawdownCurrent decline from peak | -6.77% | -57.66% | +50.89% |
Average DrawdownAverage peak-to-trough decline | -2.86% | -22.17% | +19.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 37.68% | — |
Volatility
NVIT vs. CONY - Volatility Comparison
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Volatility by Period
| NVIT | CONY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.87% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 43.66% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.08% | 58.29% | -29.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.08% | 60.06% | -30.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.08% | 60.06% | -30.98% |
NVIT vs. CONY - Expense Ratio Comparison
NVIT has a 1.08% expense ratio, which is higher than CONY's 0.99% expense ratio.
Dividends
NVIT vs. CONY - Dividend Comparison
NVIT's dividend yield for the trailing twelve months is around 12.36%, less than CONY's 189.23% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CONY YieldMax COIN Option Income Strategy ETF | 189.23% | 192.07% | 155.66% | 16.43% |
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 12.36% | 2.37% | 0.00% | 0.00% |
Frequently Asked Questions
NVIT and CONY have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CONY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CONY is cheaper with a 0.99% expense ratio, compared with 1.08% for NVIT.
CONY has the higher dividend yield at 189.23%, compared with 12.36% for NVIT.
Their fees differ too: 1.08% for NVIT and 0.99% for CONY.
Find the right allocation for NVIT and CONY
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