NVIT vs. DBE
NVIT (YieldMax NVDA Performance & Distribution Target 25 ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - NVIT is a Derivative Income fund actively managed by YieldMax, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. NVIT is actively managed, while DBE is passively managed. Their -0.16 correlation means they have often moved in opposite directions in the past. NVIT charges 1.08%/yr vs 0.78%/yr for DBE.
Performance
NVIT vs. DBE - Performance Comparison
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Returns By Period
In the year-to-date period, NVIT achieves a 19.05% return, which is significantly lower than DBE's 63.53% return.
NVIT
- 1D
- 2.46%
- 1M
- 10.59%
- 6M
- 24.72%
- YTD
- 19.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
DBE
- 1D
- -0.24%
- 1M
- 9.43%
- 6M
- 46.31%
- YTD
- 63.53%
- 1Y
- 57.60%
- 3Y*
- 13.46%
- 5Y*
- 16.54%
- 10Y*
- 11.73%
- ALL TIME*
- 2.05%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.42M | $1.12M | $1.57M | |
| $456.95K | $363.78K | $302.98K |
NVIT vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 19.05% | 3.04% |
DBE Invesco DB Energy Fund | 63.53% | -6.36% |
Correlation
The correlation between NVIT and DBE is -0.16, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | -0.16 |
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Return for Risk
NVIT vs. DBE — Risk / Return Rank
NVIT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DBE
NVIT vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) and Invesco DB Energy Fund (DBE). 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.
| NVIT | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.34 | — |
| Martin ratioReturn relative to average drawdown | — | 7.22 | — |
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Drawdowns
NVIT vs. DBE - Drawdown Comparison
The maximum NVIT drawdown since its inception was -14.24%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for NVIT and DBE.
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Drawdown Indicators
| NVIT | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.24% | -86.69% | +72.45% |
Max Drawdown (1Y)Largest decline over 1 year | — | -24.72% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.72% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -3.86% | -37.92% | +34.06% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -57.12% | +52.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.00% | — |
Volatility
NVIT vs. DBE - Volatility Comparison
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Volatility by Period
| NVIT | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.65% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.76% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.50% | 37.85% | -8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.50% | 30.19% | -0.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.50% | 28.63% | +0.87% |
NVIT vs. DBE - Expense Ratio Comparison
NVIT has a 1.08% expense ratio, which is higher than DBE's 0.78% expense ratio.
Dividends
NVIT vs. DBE - Dividend Comparison
NVIT's dividend yield for the trailing twelve months is around 16.68%, more than DBE's 2.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.36% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 16.68% | 2.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NVIT and DBE have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBE is cheaper at 0.78% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBE is cheaper with a 0.78% expense ratio, compared with 1.08% for NVIT.
NVIT has the higher dividend yield at 16.68%, compared with 2.36% for DBE.
NVIT is categorized as Derivative Income, while DBE is Oil & Gas. They also come from different issuers: YieldMax and Invesco. Their fees differ too: 1.08% for NVIT and 0.78% for DBE.
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