PLTY vs. NVDY
Compare and contrast key facts about YieldMax PLTR Option Income Strategy ETF (PLTY) and YieldMax NVDA Option Income Strategy ETF (NVDY).
PLTY and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTY is an actively managed fund by YieldMax. It was launched on Oct 7, 2024. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTY or NVDY.
Correlation
The correlation between PLTY and NVDY is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PLTY vs. NVDY - Performance Comparison
Key characteristics
PLTY:
68.07%
NVDY:
48.55%
PLTY:
-36.61%
NVDY:
-34.08%
PLTY:
-15.09%
NVDY:
-25.87%
Returns By Period
In the year-to-date period, PLTY achieves a 25.49% return, which is significantly higher than NVDY's -20.00% return.
PLTY
25.49%
11.80%
84.28%
N/A
N/A
N/A
NVDY
-20.00%
-3.76%
-22.41%
14.48%
N/A
N/A
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PLTY vs. NVDY - Expense Ratio Comparison
Both PLTY and NVDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
PLTY vs. NVDY — Risk-Adjusted Performance Rank
PLTY
NVDY
PLTY vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) 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.
Not enough dataDividends
PLTY vs. NVDY - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 44.51%, less than NVDY's 117.44% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | 44.51% | 7.85% | 0.00% |
NVDY YieldMax NVDA Option Income Strategy ETF | 117.44% | 83.65% | 22.32% |
Drawdowns
PLTY vs. NVDY - Drawdown Comparison
The maximum PLTY drawdown since its inception was -36.61%, which is greater than NVDY's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for PLTY and NVDY. For additional features, visit the drawdowns tool.
Volatility
PLTY vs. NVDY - Volatility Comparison
YieldMax PLTR Option Income Strategy ETF (PLTY) has a higher volatility of 22.21% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 19.51%. This indicates that PLTY'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.