NYYY vs. TYYY

Last updated Jul 18, 2026

NYYY (xETFs NVDA Daily Income ETF) and TYYY (xETFs TSLA Daily Income ETF) are both Derivative Income funds from xETFs. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

NYYY vs. TYYY - Performance Comparison

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

Returns By Period

NYYY

• 1D: -1.91%
• 1M: -1.63%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TYYY

• 1D: -2.43%
• 1M: -4.86%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NYYY vs. TYYY - Yearly Performance Comparison

	2026 (YTD)
NYYY xETFs NVDA Daily Income ETF	-10.60%
TYYY xETFs TSLA Daily Income ETF	-11.94%

Correlation

The correlation between NYYY and TYYY is 0.43, 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	0.43

Return for Risk

NYYY vs. TYYY - Risk-Adjusted Trends Comparison

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

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

Drawdowns

NYYY vs. TYYY - Drawdown Comparison

The maximum NYYY drawdown since its inception was -14.30%, smaller than the maximum TYYY drawdown of -15.06%. Use the drawdown chart below to compare losses from any high point for NYYY and TYYY.

Drawdown Indicators

	NYYY	TYYY	Difference
Max Drawdown Largest peak-to-trough decline	-14.30%	-15.06%	+0.76%
Current Drawdown Current decline from peak	-10.69%	-14.57%	+3.88%
Average Drawdown Average peak-to-trough decline	-7.78%	-7.74%	-0.04%

Volatility

Volatility by Period

	NYYY	TYYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.24%	48.68%	-12.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.24%	48.68%	-12.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.24%	48.68%	-12.44%

NYYY vs. TYYY - Expense Ratio Comparison

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

Dividends

NYYY vs. TYYY - Dividend Comparison

NYYY's dividend yield for the trailing twelve months is around 3.19%, less than TYYY's 3.36% yield.

Position	TTM
NYYY xETFs NVDA Daily Income ETF	3.19%
TYYY xETFs TSLA Daily Income ETF	3.36%

Frequently Asked Questions

Can I hold both NYYY and TYYY in my portfolio?

NYYY and TYYY have a correlation of 0.43, 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 TYYY?

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 TYYY?

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

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

TYYY has the higher dividend yield at 3.36%, compared with 3.19% for NYYY.