NYYY vs. BUYW

Last updated Aug 2, 2026

NYYY (xETFs NVDA Daily Income ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. Their 0.06 correlation means their historical movements had little consistent relationship. NYYY charges 0.99%/yr vs 1.29%/yr for BUYW.

Performance

NYYY vs. BUYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in xETFs NVDA Daily Income ETF (NYYY) and Main Buywrite ETF (BUYW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NYYY

• 1D: 3.29%
• 1M: 3.03%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BUYW

• 1D: -0.21%
• 1M: 0.36%
• 6M: 4.27%
• YTD: 4.80%
• 1Y: 9.05%
• 3Y*: 8.70%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.92%

*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)
BUYW Main Buywrite ETF	$5.69M	$5.12M	$4.85M
NYYY xETFs NVDA Daily Income ETF	$4.48K	$8.68K	$20.11K

NYYY vs. BUYW - Yearly Performance Comparison

	2026 (YTD)
NYYY xETFs NVDA Daily Income ETF	-11.21%
BUYW Main Buywrite ETF	2.01%

Correlation

The correlation between NYYY and BUYW is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 15, 2026	0.06

Return for Risk

NYYY vs. BUYW — Risk / Return Rank

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

NYYY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BUYW

BUYW Risk / Return Rank: 85
BUYW Sharpe Ratio Rank: 80
BUYW Sortino Ratio Rank: 83
BUYW Omega Ratio Rank: 82
BUYW Calmar Ratio Rank: 87
BUYW Martin Ratio Rank: 94

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.

NYYY vs. BUYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for xETFs NVDA Daily Income ETF (NYYY) and Main Buywrite ETF (BUYW). 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.

	NYYY	BUYW	Difference
Sharpe ratio: Return per unit of total volatility	—	1.82	—
Sortino ratio: Return per unit of downside risk	—	2.71	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	3.42	—
Martin ratio: Return relative to average drawdown	—	18.22	—

Drawdowns

NYYY vs. BUYW - Drawdown Comparison

The maximum NYYY drawdown since its inception was -16.16%, which is greater than BUYW's maximum drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for NYYY and BUYW.

Drawdown Indicators

	NYYY	BUYW	Difference
Max Drawdown Largest peak-to-trough decline	-16.16%	-9.36%	-6.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.36%	—
Current Drawdown Current decline from peak	-11.30%	-0.21%	-11.09%
Average Drawdown Average peak-to-trough decline	-8.39%	-0.59%	-7.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.49%	—

Volatility

Volatility by Period

	NYYY	BUYW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	37.20%	4.86%	+32.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.20%	8.34%	+28.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.20%	8.34%	+28.86%

NYYY vs. BUYW - Expense Ratio Comparison

NYYY has a 0.99% expense ratio, which is lower than BUYW's 1.29% expense ratio.

Dividends

NYYY vs. BUYW - Dividend Comparison

NYYY's dividend yield for the trailing twelve months is around 4.03%, less than BUYW's 5.92% yield.

Position	TTM	2025	2024	2023	2022
BUYW Main Buywrite ETF	5.92%	5.89%	5.93%	5.95%	0.50%
NYYY xETFs NVDA Daily Income ETF	4.03%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NYYY and BUYW in my portfolio?

NYYY and BUYW have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NYYY or BUYW?

On fees, NYYY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NYYY or BUYW?

NYYY is cheaper with a 0.99% expense ratio, compared with 1.29% for BUYW.

Which ETF pays a higher dividend yield, NYYY or BUYW?

BUYW has the higher dividend yield at 5.92%, compared with 4.03% for NYYY.

What is the main difference between NYYY and BUYW?

They also come from different issuers: xETFs and Main. Their fees differ too: 0.99% for NYYY and 1.29% for BUYW.