NVYY vs. MSTW

Last updated Aug 2, 2026

NVYY (GraniteShares YieldBOOST NVDA ETF) and MSTW (Roundhill MSTR WeeklyPay™ ETF) are both exchange-traded funds - NVYY is a Leveraged Equities fund actively managed by GraniteShares, while MSTW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, NVYY returned 5.34% vs -83.12% for MSTW. Their 0.31 correlation means their historical movements had little consistent relationship. NVYY charges 1.15%/yr vs 0.99%/yr for MSTW.

Performance

NVYY vs. MSTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST NVDA ETF (NVYY) and Roundhill MSTR WeeklyPay™ ETF (MSTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVYY achieves a 1.80% return, which is significantly higher than MSTW's -49.11% return.

NVYY

• 1D: 1.22%
• 1M: 0.66%
• 6M: -2.95%
• YTD: 1.80%
• 1Y: 5.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 27.50%

MSTW

• 1D: -5.03%
• 1M: -9.33%
• 6M: -47.69%
• YTD: -49.11%
• 1Y: -83.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -84.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MSTW Roundhill MSTR WeeklyPay™ ETF	$1.36M	$1.35M	$3.08M
NVYY GraniteShares YieldBOOST NVDA ETF	$370.19K	$517.73K	$1.09M

NVYY vs. MSTW - Yearly Performance Comparison

	2026 (YTD)	2025
NVYY GraniteShares YieldBOOST NVDA ETF	1.80%	8.51%
MSTW Roundhill MSTR WeeklyPay™ ETF	-49.11%	-71.40%

Correlation

The correlation between NVYY and MSTW is 0.31, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.31
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.31

Return for Risk

NVYY vs. MSTW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NVYY

NVYY Risk / Return Rank: 16
NVYY Sharpe Ratio Rank: 15
NVYY Sortino Ratio Rank: 15
NVYY Omega Ratio Rank: 16
NVYY Calmar Ratio Rank: 16
NVYY Martin Ratio Rank: 16

MSTW

MSTW Risk / Return Rank: 1
MSTW Sharpe Ratio Rank: 2
MSTW Sortino Ratio Rank: 0
MSTW Omega Ratio Rank: 0
MSTW Calmar Ratio Rank: 0
MSTW Martin Ratio Rank: 1

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NVYY vs. MSTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST NVDA ETF (NVYY) and Roundhill MSTR WeeklyPay™ ETF (MSTW). 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	MSTW	Difference
Sharpe ratio: Return per unit of total volatility	0.21	-0.93	+1.14
Sortino ratio: Return per unit of downside risk	0.43	-2.27	+2.71
Omega ratio: Gain probability vs. loss probability	1.06	0.77	+0.29
Calmar ratio: Return relative to maximum drawdown	0.33	-0.98	+1.31
Martin ratio: Return relative to average drawdown	0.70	-1.35	+2.04

NVYY vs. MSTW - Sharpe Ratio Comparison

The current NVYY Sharpe Ratio is 0.21, which is higher than the MSTW Sharpe Ratio of -0.93. The chart below compares the historical Sharpe Ratios of NVYY and MSTW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NVYY vs. MSTW - Drawdown Comparison

The maximum NVYY drawdown since its inception was -14.90%, smaller than the maximum MSTW drawdown of -87.29%. Use the drawdown chart below to compare losses from any high point for NVYY and MSTW.

Drawdown Indicators

	NVYY	MSTW	Difference
Max Drawdown Largest peak-to-trough decline	-14.90%	-87.29%	+72.39%
Max Drawdown (1Y) Largest decline over 1 year	-14.90%	-86.75%	+71.85%
Current Drawdown Current decline from peak	-7.41%	-85.46%	+78.05%
Average Drawdown Average peak-to-trough decline	-5.25%	-58.78%	+53.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.08%	63.15%	-56.07%

Volatility

NVYY vs. MSTW - Volatility Comparison

The current volatility for GraniteShares YieldBOOST NVDA ETF (NVYY) is 3.86%, while Roundhill MSTR WeeklyPay™ ETF (MSTW) has a volatility of 21.78%. This indicates that NVYY experiences smaller price fluctuations and is considered to be less risky than MSTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVYY	MSTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	21.78%	-17.92%
Volatility (6M) Calculated over the trailing 6-month period	14.69%	73.44%	-58.75%
Volatility (1Y) Calculated over the trailing 1-year period	23.64%	91.22%	-67.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.00%	90.37%	-67.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.00%	90.37%	-67.37%

NVYY vs. MSTW - Expense Ratio Comparison

NVYY has a 1.15% expense ratio, which is higher than MSTW's 0.99% expense ratio.

Dividends

NVYY vs. MSTW - Dividend Comparison

NVYY's dividend yield for the trailing twelve months is around 137.34%, less than MSTW's 422.50% yield.

Position	TTM	2025
MSTW Roundhill MSTR WeeklyPay™ ETF	422.50%	106.94%
NVYY GraniteShares YieldBOOST NVDA ETF	133.06%	75.30%

Frequently Asked Questions

Can I hold both NVYY and MSTW in my portfolio?

NVYY and MSTW have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVYY or MSTW?

MSTW has higher volatility (21.78%) compared to NVYY (3.86%). In terms of maximum drawdown, NVYY dropped -14.90% vs MSTW's -87.29%.

Which ETF is better, NVYY or MSTW?

On 1-year performance, NVYY leads with 5.34% vs -83.12% for MSTW. On fees, MSTW is cheaper at 0.99% per year. On volatility, NVYY has been the lower-risk option at 3.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVYY or MSTW?

Over the 1-year period, NVYY has performed better with a 5.34% return vs -83.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NVYY or MSTW?

MSTW is cheaper with a 0.99% expense ratio, compared with 1.15% for NVYY.

Which ETF pays a higher dividend yield, NVYY or MSTW?

MSTW has the higher dividend yield at 422.50%, compared with 133.06% for NVYY.

What is the main difference between NVYY and MSTW?

NVYY is categorized as Leveraged Equities, while MSTW is Derivative Income. They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.15% for NVYY and 0.99% for MSTW.

Which has better risk-adjusted returns?

NVYY currently has the higher Sharpe Ratio (0.21 vs -0.93), 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.