NYYY vs. CHPY

Last updated Jul 8, 2026

NYYY (xETFs NVDA Daily Income ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.

Performance

NYYY vs. CHPY - Performance Comparison

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

Returns By Period

NYYY

• 1D: 0.39%
• 1M: -4.80%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CHPY

• 1D: -4.97%
• 1M: 2.77%
• 6M: 58.08%
• YTD: 70.02%
• 1Y: 111.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NYYY vs. CHPY - Yearly Performance Comparison

	2026 (YTD)
NYYY xETFs NVDA Daily Income ETF	-13.10%
CHPY YieldMax Semiconductor Portfolio Option Income ETF	6.35%

Correlation

The correlation between NYYY and CHPY is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 15, 2026	0.58

Return for Risk

NYYY vs. CHPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

CHPY

CHPY Risk / Return Rank: 94
CHPY Sharpe Ratio Rank: 95
CHPY Sortino Ratio Rank: 90
CHPY Omega Ratio Rank: 92
CHPY Calmar Ratio Rank: 97
CHPY Martin Ratio Rank: 96

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.

NYYY vs. CHPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for xETFs NVDA Daily Income ETF (NYYY) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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	CHPY	Difference
Sharpe ratio: Return per unit of total volatility	—	3.21	—
Sortino ratio: Return per unit of downside risk	—	3.46	—
Omega ratio: Gain probability vs. loss probability	—	1.50	—
Calmar ratio: Return relative to maximum drawdown	—	8.34	—
Martin ratio: Return relative to average drawdown	—	29.73	—

Drawdowns

NYYY vs. CHPY - Drawdown Comparison

The maximum NYYY drawdown since its inception was -14.30%, which is greater than CHPY's maximum drawdown of -13.41%. Use the drawdown chart below to compare losses from any high point for NYYY and CHPY.

Drawdown Indicators

	NYYY	CHPY	Difference
Max Drawdown Largest peak-to-trough decline	-14.30%	-13.41%	-0.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.41%	—
Current Drawdown Current decline from peak	-13.19%	-13.41%	+0.22%
Average Drawdown Average peak-to-trough decline	-7.53%	-2.27%	-5.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.76%	—

Volatility

Volatility by Period

	NYYY	CHPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.44%	34.83%	-0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.44%	37.57%	-3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.44%	37.57%	-3.13%

NYYY vs. CHPY - Expense Ratio Comparison

Both NYYY and CHPY have an expense ratio of 0.99%.

Dividends

NYYY vs. CHPY - Dividend Comparison

NYYY's dividend yield for the trailing twelve months is around 2.47%, less than CHPY's 33.24% yield.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	33.24%	28.19%
NYYY xETFs NVDA Daily Income ETF	2.47%	0.00%

Frequently Asked Questions

Can I hold both NYYY and CHPY in my portfolio?

NYYY and CHPY have a correlation of 0.58, 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 CHPY?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NYYY or CHPY?

NYYY and CHPY have the same expense ratio: 0.99% per year.

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

CHPY has the higher dividend yield at 33.24%, compared with 2.47% for NYYY.

What is the main difference between NYYY and CHPY?

They also come from different issuers: xETFs and YieldMax.