PAYC vs. NVDY

Last updated Jun 5, 2026

PAYC (Paycom Software, Inc.) is a stock, while NVDY (YieldMax NVDA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past 3 years, PAYC returned -22.86%/yr vs 55.07%/yr for NVDY. At a 0.11 correlation, their price movements are largely independent.

Performance

PAYC vs. NVDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Paycom Software, Inc. (PAYC) and YieldMax NVDA Option Income Strategy ETF (NVDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAYC achieves a -13.51% return, which is significantly lower than NVDY's 14.49% return.

PAYC

• 1D: -0.52%
• 1M: 4.38%
• YTD: -13.51%
• 6M: -17.04%
• 1Y: -47.75%
• 3Y*: -22.86%
• 5Y*: -15.28%
• 10Y*: 13.17%

NVDY

• 1D: 1.27%
• 1M: 7.84%
• YTD: 14.49%
• 6M: 17.01%
• 1Y: 47.85%
• 3Y*: 55.07%
• 5Y*: —
• 10Y*: —

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

PAYC vs. NVDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PAYC Paycom Software, Inc.	-13.51%	-21.70%	-0.04%	-21.71%
NVDY YieldMax NVDA Option Income Strategy ETF	14.49%	27.38%	114.23%	42.02%

Correlation

The correlation between PAYC and NVDY is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since May 12, 2023	0.11

The correlation between PAYC and NVDY shifts across timeframes, from -0.04 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PAYC vs. NVDY — Risk / Return Rank

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

PAYC

PAYC Risk / Return Rank: 6
PAYC Sharpe Ratio Rank: 1
PAYC Sortino Ratio Rank: 2
PAYC Omega Ratio Rank: 4
PAYC Calmar Ratio Rank: 9
PAYC Martin Ratio Rank: 13

NVDY

NVDY Risk / Return Rank: 56
NVDY Sharpe Ratio Rank: 52
NVDY Sortino Ratio Rank: 48
NVDY Omega Ratio Rank: 48
NVDY Calmar Ratio Rank: 76
NVDY 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.

PAYC vs. NVDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Paycom Software, Inc. (PAYC) and YieldMax NVDA Option Income Strategy ETF (NVDY). 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.

	PAYC	NVDY	Difference
Sharpe ratio: Return per unit of total volatility	-1.27	1.76	-3.03
Sortino ratio: Return per unit of downside risk	-1.98	2.34	-4.32
Omega ratio: Gain probability vs. loss probability	0.77	1.29	-0.52
Calmar ratio: Return relative to maximum drawdown	-0.84	3.75	-4.59
Martin ratio: Return relative to average drawdown	-1.27	9.22	-10.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PAYC vs. NVDY - Sharpe Ratio Comparison

The current PAYC Sharpe Ratio is -1.27, which is lower than the NVDY Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of PAYC and NVDY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PAYC	NVDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.27	1.76	-3.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	1.65	-1.21

Drawdowns

PAYC vs. NVDY - Drawdown Comparison

The maximum PAYC drawdown since its inception was -78.99%, which is greater than NVDY's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for PAYC and NVDY.

Drawdown Indicators

	PAYC	NVDY	Difference
Max Drawdown Largest peak-to-trough decline	-78.99%	-34.08%	-44.91%
Max Drawdown (1Y) Largest decline over 1 year	-56.97%	-12.81%	-44.16%
Max Drawdown (3Y) Largest decline over 3 years	-68.70%	-34.08%	-34.62%
Max Drawdown (5Y) Largest decline over 5 years	-78.99%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-78.99%	—	—
Current Drawdown Current decline from peak	-74.58%	-5.47%	-69.11%
Average Drawdown Average peak-to-trough decline	-26.89%	-6.15%	-20.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.56%	5.21%	+32.35%

Volatility

PAYC vs. NVDY - Volatility Comparison

Paycom Software, Inc. (PAYC) has a higher volatility of 15.60% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 9.43%. This indicates that PAYC's price experiences larger fluctuations and is considered to be riskier than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAYC	NVDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.60%	9.43%	+6.17%
Volatility (6M) Calculated over the trailing 6-month period	29.94%	20.71%	+9.23%
Volatility (1Y) Calculated over the trailing 1-year period	37.73%	27.33%	+10.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.49%	38.22%	+6.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.49%	38.22%	+6.27%

Dividends

PAYC vs. NVDY - Dividend Comparison

PAYC's dividend yield for the trailing twelve months is around 1.09%, less than NVDY's 62.14% yield.

Position	TTM	2025	2024	2023
NVDY YieldMax NVDA Option Income Strategy ETF	62.14%	83.10%	83.65%	22.32%
PAYC Paycom Software, Inc.	1.09%	0.94%	0.73%	0.54%

Frequently Asked Questions

Can I hold both PAYC and NVDY in my portfolio?

PAYC and NVDY have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PAYC or NVDY?

PAYC has higher volatility (15.60%) compared to NVDY (9.43%). In terms of maximum drawdown, PAYC dropped -78.99% vs NVDY's -34.08%.

Which has better risk-adjusted returns?

NVDY currently has the higher Sharpe Ratio (1.76 vs -1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.