NVIT vs. RYLD
NVIT (YieldMax NVDA Performance & Distribution Target 25 ETF) and RYLD (Global X Russell 2000 Covered Call ETF) are both Derivative Income funds. NVIT is actively managed, while RYLD is passively managed. Their 0.42 correlation means their historical movements had little consistent relationship. NVIT charges 1.08%/yr vs 0.60%/yr for RYLD.
Performance
NVIT vs. RYLD - Performance Comparison
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Returns By Period
In the year-to-date period, NVIT achieves a 11.45% return, which is significantly lower than RYLD's 12.29% return.
NVIT
- 1D
- 2.26%
- 1M
- 4.18%
- 6M
- 9.05%
- YTD
- 11.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
RYLD
- 1D
- -0.19%
- 1M
- 1.19%
- 6M
- 10.16%
- YTD
- 12.29%
- 1Y
- 24.93%
- 3Y*
- 8.04%
- 5Y*
- 3.15%
- 10Y*
- —
- ALL TIME*
- 5.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $409.18K | $321.88K | $299.20K | |
| $10.07M | $9.36M | $9.08M |
NVIT vs. RYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 11.45% | 3.04% |
RYLD Global X Russell 2000 Covered Call ETF | 12.29% | 4.14% |
Correlation
The correlation between NVIT and RYLD is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.42 |
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Return for Risk
NVIT vs. RYLD — Risk / Return Rank
NVIT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RYLD
NVIT vs. RYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) and Global X Russell 2000 Covered Call ETF (RYLD). 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 | RYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.45 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.67 | — |
| Martin ratioReturn relative to average drawdown | — | 15.02 | — |
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Drawdowns
NVIT vs. RYLD - Drawdown Comparison
The maximum NVIT drawdown since its inception was -14.24%, smaller than the maximum RYLD drawdown of -41.53%. Use the drawdown chart below to compare losses from any high point for NVIT and RYLD.
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Drawdown Indicators
| NVIT | RYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.24% | -41.53% | +27.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.29% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.05% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.33% | — |
Current DrawdownCurrent decline from peak | -9.99% | -0.37% | -9.62% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -8.65% | +4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.54% | — |
Volatility
NVIT vs. RYLD - Volatility Comparison
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Volatility by Period
| NVIT | RYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.07% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.73% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.42% | 10.67% | +18.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.42% | 13.97% | +15.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.42% | 17.04% | +12.38% |
NVIT vs. RYLD - Expense Ratio Comparison
NVIT has a 1.08% expense ratio, which is higher than RYLD's 0.60% expense ratio.
Dividends
NVIT vs. RYLD - Dividend Comparison
NVIT's dividend yield for the trailing twelve months is around 17.25%, more than RYLD's 11.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 17.25% | 2.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RYLD Global X Russell 2000 Covered Call ETF | 11.62% | 12.00% | 12.03% | 12.64% | 13.49% | 12.35% | 10.76% | 6.43% |
Frequently Asked Questions
NVIT and RYLD 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, RYLD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RYLD is cheaper with a 0.60% expense ratio, compared with 1.08% for NVIT.
NVIT has the higher dividend yield at 17.25%, compared with 11.62% for RYLD.
They also come from different issuers: YieldMax and Global X. Their fees differ too: 1.08% for NVIT and 0.60% for RYLD.
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