NVYY vs. HDV
NVYY (GraniteShares YieldBOOST NVDA ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - NVYY is a Leveraged Equities fund actively managed by GraniteShares, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. NVYY is actively managed, while HDV is passively managed. Over the past year, NVYY returned 31.98% vs 22.15% for HDV. At a correlation of -0.15, they often move in opposite directions. NVYY charges 1.07%/yr vs 0.08%/yr for HDV.
Performance
NVYY vs. HDV - Performance Comparison
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Returns By Period
In the year-to-date period, NVYY achieves a 5.46% return, which is significantly lower than HDV's 13.48% return.
NVYY
- 1D
- 0.82%
- 1M
- 6.57%
- YTD
- 5.46%
- 6M
- 3.18%
- 1Y
- 31.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HDV
- 1D
- 0.70%
- 1M
- 0.51%
- YTD
- 13.48%
- 6M
- 13.49%
- 1Y
- 22.15%
- 3Y*
- 15.28%
- 5Y*
- 10.47%
- 10Y*
- 9.29%
NVYY vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVYY GraniteShares YieldBOOST NVDA ETF | 5.46% | 31.62% |
HDV iShares Core High Dividend ETF | 13.48% | 8.89% |
Correlation
The correlation between NVYY and HDV is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (All Time) Calculated using the full available price history since May 14, 2025 | -0.15 |
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Return for Risk
NVYY vs. HDV — Risk / Return Rank
NVYY
HDV
NVYY vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST NVDA ETF (NVYY) and iShares Core High Dividend ETF (HDV). 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.
| NVYY | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.39 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 4.30 | -2.14 |
| Martin ratioReturn relative to average drawdown | 4.93 | 11.97 | -7.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NVYY | HDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 2.29 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.82 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.52 | 0.73 | +0.79 |
Drawdowns
NVYY vs. HDV - Drawdown Comparison
The maximum NVYY drawdown since its inception was -14.90%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for NVYY and HDV.
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Drawdown Indicators
| NVYY | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.90% | -37.04% | +22.14% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -5.18% | -9.72% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.49% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -4.08% | -1.86% | -2.22% |
Average DrawdownAverage peak-to-trough decline | -5.00% | -3.09% | -1.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.50% | 1.86% | +4.64% |
Volatility
NVYY vs. HDV - Volatility Comparison
GraniteShares YieldBOOST NVDA ETF (NVYY) has a higher volatility of 4.58% compared to iShares Core High Dividend ETF (HDV) at 3.23%. This indicates that NVYY's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVYY | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.58% | 3.23% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 16.79% | 7.54% | +9.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.27% | 9.75% | +14.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.06% | 12.82% | +11.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.06% | 15.73% | +8.33% |
NVYY vs. HDV - Expense Ratio Comparison
NVYY has a 1.07% expense ratio, which is higher than HDV's 0.08% expense ratio.
Dividends
NVYY vs. HDV - Dividend Comparison
NVYY's dividend yield for the trailing twelve months is around 146.42%, more than HDV's 2.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 2.89% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
NVYY GraniteShares YieldBOOST NVDA ETF | 146.42% | 75.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NVYY and HDV have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVYY has higher volatility (4.58%) compared to HDV (3.23%). In terms of maximum drawdown, NVYY dropped -14.90% vs HDV's -37.04%.
On 1-year performance, NVYY leads with 31.98% vs 22.15% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 3.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NVYY has performed better with a 31.98% return vs 22.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HDV is cheaper with a 0.08% expense ratio, compared with 1.07% for NVYY.
NVYY has the higher dividend yield at 146.42%, compared with 2.89% for HDV.
NVYY is categorized as Leveraged Equities, while HDV is Dividend. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 1.07% for NVYY and 0.08% for HDV.
HDV currently has the higher Sharpe Ratio (2.29 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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