NVYY vs. NVDL

Last updated Apr 2, 2026

Compare and contrast key facts about GraniteShares YieldBOOST NVDA ETF (NVYY) and GraniteShares 2x Long NVDA Daily ETF (NVDL).

NVYY and NVDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVYY is an actively managed fund by GraniteShares. It was launched on May 12, 2025. NVDL is an actively managed fund by GraniteShares. It was launched on Dec 13, 2022.

Performance

NVYY vs. NVDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST NVDA ETF (NVYY) and GraniteShares 2x Long NVDA Daily ETF (NVDL). The values are adjusted to include any dividend payments, if applicable.

NVYY vs. NVDL - Yearly Performance Comparison

	2026 (YTD)	2025
NVYY GraniteShares YieldBOOST NVDA ETF	-3.53%	31.62%
NVDL GraniteShares 2x Long NVDA Daily ETF	-16.23%	79.80%

Returns By Period

In the year-to-date period, NVYY achieves a -3.53% return, which is significantly higher than NVDL's -16.23% return.

NVYY

• 1D: 0.50%
• 1M: -3.38%
• YTD: -3.53%
• 6M: -3.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDL

• 1D: 1.60%
• 1M: -8.86%
• YTD: -16.23%
• 6M: -21.72%
• 1Y: 92.71%
• 3Y*: 118.73%
• 5Y*: —
• 10Y*: —

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

NVYY vs. NVDL - Expense Ratio Comparison

NVYY has a 1.07% expense ratio, which is lower than NVDL's 1.15% expense ratio.

NVDL

GraniteShares 2x Long NVDA Daily ETF

NVYY

GraniteShares YieldBOOST NVDA ETF

Return for Risk

NVYY vs. NVDL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVDL

NVDL Risk / Return Rank: 67
NVDL Sharpe Ratio Rank: 63
NVDL Sortino Ratio Rank: 73
NVDL Omega Ratio Rank: 63
NVDL Calmar Ratio Rank: 80
NVDL Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVYY vs. NVDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST NVDA ETF (NVYY) and GraniteShares 2x Long NVDA Daily ETF (NVDL). 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.

Sharpe Ratios by Period

	NVYY	NVDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.23	1.59	-0.36

Correlation

The correlation between NVYY and NVDL is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

NVYY vs. NVDL - Dividend Comparison

NVYY's dividend yield for the trailing twelve months is around 127.72%, while NVDL has not paid dividends to shareholders.

	TTM	2025	2024	2023
NVYY GraniteShares YieldBOOST NVDA ETF	127.72%	75.30%	0.00%	0.00%
NVDL GraniteShares 2x Long NVDA Daily ETF	0.00%	0.00%	0.00%	11.29%

Drawdowns

NVYY vs. NVDL - Drawdown Comparison

The maximum NVYY drawdown since its inception was -14.90%, smaller than the maximum NVDL drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for NVYY and NVDL.

Drawdown Indicators

	NVYY	NVDL	Difference
Max Drawdown Largest peak-to-trough decline	-14.90%	-67.55%	+52.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.23%	—
Current Drawdown Current decline from peak	-12.26%	-34.75%	+22.49%
Average Drawdown Average peak-to-trough decline	-4.67%	-17.05%	+12.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	17.61%	—

Volatility

Volatility by Period

	NVYY	NVDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	51.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.37%	81.87%	-56.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.37%	91.12%	-65.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.37%	91.12%	-65.75%