NVIT vs. YMAX
NVIT (YieldMax NVDA Performance & Distribution Target 25 ETF) and YMAX (YieldMax Universe Fund of Option Income ETFs) are both Derivative Income funds from YieldMax. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. NVIT charges 1.08%/yr vs 1.28%/yr for YMAX.
Performance
NVIT vs. YMAX - 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 YMAX's 6.06% return.
NVIT
- 1D
- -2.67%
- 1M
- 6.72%
- YTD
- 15.44%
- 6M
- 19.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YMAX
- 1D
- -1.70%
- 1M
- 6.76%
- YTD
- 6.06%
- 6M
- 3.56%
- 1Y
- 9.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVIT vs. YMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 15.44% | 3.48% |
YMAX YieldMax Universe Fund of Option Income ETFs | 6.06% | 0.53% |
Correlation
The correlation between NVIT and YMAX is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | 0.55 |
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Return for Risk
NVIT vs. YMAX — Risk / Return Rank
NVIT
YMAX
NVIT vs. YMAX - 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 Universe Fund of Option Income ETFs (YMAX). 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 | YMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.37 | 0.70 | +0.67 |
Drawdowns
NVIT vs. YMAX - Drawdown Comparison
The maximum NVIT drawdown since its inception was -11.11%, smaller than the maximum YMAX drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for NVIT and YMAX.
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Drawdown Indicators
| NVIT | YMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.11% | -26.13% | +15.02% |
Max Drawdown (1Y)Largest decline over 1 year | — | -26.13% | — |
Current DrawdownCurrent decline from peak | -6.77% | -5.98% | -0.79% |
Average DrawdownAverage peak-to-trough decline | -2.86% | -6.33% | +3.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.99% | — |
Volatility
NVIT vs. YMAX - Volatility Comparison
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Volatility by Period
| NVIT | YMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.10% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.08% | 21.62% | +7.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.08% | 22.97% | +6.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.08% | 22.97% | +6.11% |
NVIT vs. YMAX - Expense Ratio Comparison
NVIT has a 1.08% expense ratio, which is lower than YMAX's 1.28% expense ratio.
Dividends
NVIT vs. YMAX - Dividend Comparison
NVIT's dividend yield for the trailing twelve months is around 12.36%, less than YMAX's 72.94% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | 12.36% | 2.37% | 0.00% |
YMAX YieldMax Universe Fund of Option Income ETFs | 72.94% | 78.70% | 44.20% |
Frequently Asked Questions
NVIT and YMAX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NVIT is cheaper at 1.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVIT is cheaper with a 1.08% expense ratio, compared with 1.28% for YMAX.
YMAX has the higher dividend yield at 72.94%, compared with 12.36% for NVIT.
Their fees differ too: 1.08% for NVIT and 1.28% for YMAX.
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