NVIT vs. NVDY
NVIT (YieldMax NVDA Performance & Distribution Target 25 ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. Their 0.98 correlation means they have historically moved very closely together. NVIT charges 1.08%/yr vs 0.99%/yr for NVDY.
Performance
NVIT vs. NVDY - Performance Comparison
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Returns By Period
In the year-to-date period, NVIT achieves a 19.05% return, which is significantly higher than NVDY's 15.28% return.
NVIT
- 1D
- 2.46%
- 1M
- 10.59%
- 6M
- 24.72%
- YTD
- 19.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NVDY
- 1D
- 2.79%
- 1M
- 9.20%
- 6M
- 21.22%
- YTD
- 15.28%
- 1Y
- 23.53%
- 3Y*
- 53.15%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 58.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.89M | $27.94M | $36.54M | |
| $456.95K | $363.78K | $302.98K |
NVIT vs. NVDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 19.05% | 3.04% |
NVDY YieldMax NVDA Option Income Strategy ETF | 15.28% | 2.15% |
Correlation
The correlation between NVIT and NVDY is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.98 |
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Return for Risk
NVIT vs. NVDY — Risk / Return Rank
NVIT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NVDY
NVIT vs. NVDY - 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 NVDA Option Income Strategy ETF (NVDY). 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 | NVDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.15 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.54 | — |
| Martin ratioReturn relative to average drawdown | — | 3.50 | — |
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Drawdowns
NVIT vs. NVDY - Drawdown Comparison
The maximum NVIT drawdown since its inception was -14.24%, smaller than the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for NVIT and NVDY.
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Drawdown Indicators
| NVIT | NVDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.24% | -34.08% | +19.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.31% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.08% | — |
Current DrawdownCurrent decline from peak | -3.86% | -4.82% | +0.96% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -6.36% | +1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.74% | — |
Volatility
NVIT vs. NVDY - Volatility Comparison
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Volatility by Period
| NVIT | NVDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 22.67% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.50% | 29.34% | +0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.50% | 37.94% | -8.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.50% | 37.94% | -8.44% |
NVIT vs. NVDY - Expense Ratio Comparison
NVIT has a 1.08% expense ratio, which is higher than NVDY's 0.99% expense ratio.
Dividends
NVIT vs. NVDY - Dividend Comparison
NVIT's dividend yield for the trailing twelve months is around 16.68%, less than NVDY's 59.42% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 59.42% | 83.10% | 83.65% | 22.32% |
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 16.68% | 2.37% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, NVIT and NVDY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, NVDY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVDY is cheaper with a 0.99% expense ratio, compared with 1.08% for NVIT.
NVDY has the higher dividend yield at 59.42%, compared with 16.68% for NVIT.
Their fees differ too: 1.08% for NVIT and 0.99% for NVDY.
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