NYYY vs. THTA

Last updated Jul 8, 2026

NYYY (xETFs NVDA Daily Income ETF) and THTA (SoFi Enhanced Yield ETF) are both Derivative Income funds. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. NYYY charges 0.99%/yr vs 0.49%/yr for THTA.

Performance

NYYY vs. THTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in xETFs NVDA Daily Income ETF (NYYY) and SoFi Enhanced Yield ETF (THTA). 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*: —

THTA

• 1D: 0.05%
• 1M: 1.52%
• 6M: 8.17%
• YTD: 8.26%
• 1Y: 16.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NYYY vs. THTA - Yearly Performance Comparison

	2026 (YTD)
NYYY xETFs NVDA Daily Income ETF	-13.10%
THTA SoFi Enhanced Yield ETF	2.01%

Correlation

The correlation between NYYY and THTA is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 15, 2026	0.37

Return for Risk

NYYY vs. THTA — 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.

THTA

THTA Risk / Return Rank: 95
THTA Sharpe Ratio Rank: 94
THTA Sortino Ratio Rank: 95
THTA Omega Ratio Rank: 97
THTA Calmar Ratio Rank: 95
THTA Martin Ratio Rank: 98

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. THTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for xETFs NVDA Daily Income ETF (NYYY) and SoFi Enhanced Yield ETF (THTA). 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	THTA	Difference
Sharpe ratio: Return per unit of total volatility	—	2.83	—
Sortino ratio: Return per unit of downside risk	—	4.21	—
Omega ratio: Gain probability vs. loss probability	—	1.75	—
Calmar ratio: Return relative to maximum drawdown	—	6.21	—
Martin ratio: Return relative to average drawdown	—	50.97	—

Drawdowns

NYYY vs. THTA - Drawdown Comparison

The maximum NYYY drawdown since its inception was -14.30%, smaller than the maximum THTA drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for NYYY and THTA.

Drawdown Indicators

	NYYY	THTA	Difference
Max Drawdown Largest peak-to-trough decline	-14.30%	-31.41%	+17.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.64%	—
Current Drawdown Current decline from peak	-13.19%	-5.57%	-7.62%
Average Drawdown Average peak-to-trough decline	-7.53%	-7.46%	-0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.32%	—

Volatility

Volatility by Period

	NYYY	THTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.44%	5.78%	+28.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.44%	19.91%	+14.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.44%	19.91%	+14.53%

NYYY vs. THTA - Expense Ratio Comparison

NYYY has a 0.99% expense ratio, which is higher than THTA's 0.49% expense ratio.

Dividends

NYYY vs. THTA - Dividend Comparison

NYYY's dividend yield for the trailing twelve months is around 2.47%, less than THTA's 11.08% yield.

Position	TTM	2025	2024	2023
NYYY xETFs NVDA Daily Income ETF	2.47%	0.00%	0.00%	0.00%
THTA SoFi Enhanced Yield ETF	11.08%	12.66%	12.44%	0.58%

Frequently Asked Questions

Can I hold both NYYY and THTA in my portfolio?

NYYY and THTA have a correlation of 0.37, 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 THTA?

On fees, THTA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NYYY or THTA?

THTA is cheaper with a 0.49% expense ratio, compared with 0.99% for NYYY.

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

THTA has the higher dividend yield at 11.08%, compared with 2.47% for NYYY.

What is the main difference between NYYY and THTA?

They also come from different issuers: xETFs and SoFi. Their fees differ too: 0.99% for NYYY and 0.49% for THTA.