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 3.34% vs 24.30% for HDV. Their -0.18 correlation means they have often moved in opposite directions in the past. NVYY charges 1.15%/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 2.22% return, which is significantly lower than HDV's 19.66% return.
NVYY
- 1D
- 0.07%
- 1M
- 0.55%
- 6M
- 4.79%
- YTD
- 2.22%
- 1Y
- 3.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 27.57%
HDV
- 1D
- -0.24%
- 1M
- 3.72%
- 6M
- 7.30%
- YTD
- 19.66%
- 1Y
- 24.30%
- 3Y*
- 15.80%
- 5Y*
- 12.00%
- 10Y*
- 9.57%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $205.70M | $171.89M | $116.16M | |
| $411.29K | $472.16K | $983.08K |
NVYY vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVYY GraniteShares YieldBOOST NVDA ETF | 2.22% | 31.98% |
HDV iShares Core High Dividend ETF | 19.66% | 8.12% |
Correlation
The correlation between NVYY and HDV is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.22 |
Correlation (All Time) Calculated using the full available price history since May 13, 2025 | -0.18 |
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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.
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.
| NVYY | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.40 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | 4.71 | -4.49 |
| Martin ratioReturn relative to average drawdown | 0.47 | 12.85 | -12.38 |
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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 | -7.03% | -1.72% | -5.31% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -3.06% | -2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.12% | 1.90% | +5.22% |
Volatility
NVYY vs. HDV - Volatility Comparison
The current volatility for GraniteShares YieldBOOST NVDA ETF (NVYY) is 3.80%, while iShares Core High Dividend ETF (HDV) has a volatility of 4.12%. This indicates that NVYY experiences smaller price fluctuations and is considered to be less risky 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 | 3.80% | 4.12% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 8.54% | +5.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.50% | 10.80% | +12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.89% | 12.94% | +9.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.89% | 15.78% | +7.11% |
NVYY vs. HDV - Expense Ratio Comparison
NVYY has a 1.15% 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 132.51%, more than HDV's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 3.08% | 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 | 132.51% | 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 -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HDV has higher volatility (4.12%) compared to NVYY (3.80%). In terms of maximum drawdown, NVYY dropped -14.90% vs HDV's -37.04%.
On 1-year performance, HDV leads with 24.30% vs 3.34% for NVYY. On fees, HDV is cheaper at 0.08% per year. On volatility, NVYY has been the lower-risk option at 3.80%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, HDV has performed better with a 24.30% return vs 3.34%. 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 1.15% for NVYY.
NVYY has the higher dividend yield at 132.51%, compared with 3.08% 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: 1.15% for NVYY and 0.08% for HDV.
HDV currently has the higher Sharpe Ratio (2.26 vs 0.14), 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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