PLYY vs. NVD
PLYY (GraniteShares YieldBoost PLTR ETF) and NVD (GraniteShares 2x Short NVDA Daily ETF) are both exchange-traded funds - PLYY is a Derivative Income fund actively managed by GraniteShares, while NVD is a Inverse Equities fund actively managed by GraniteShares. Both are actively managed. Their -0.24 correlation means they have often moved in opposite directions in the past. PLYY charges 1.07%/yr vs 1.50%/yr for NVD.
Performance
PLYY vs. NVD - Performance Comparison
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Returns By Period
In the year-to-date period, PLYY achieves a -28.21% return, which is significantly higher than NVD's -34.27% return.
PLYY
- 1D
- 0.66%
- 1M
- 0.24%
- 6M
- -20.20%
- YTD
- -28.21%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NVD
- 1D
- -5.81%
- 1M
- -14.55%
- 6M
- -34.17%
- YTD
- -34.27%
- 1Y
- -48.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -78.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $439.12M | $390.53M | $343.34M | |
| $52.81K | $54.69K | $65.16K |
PLYY vs. NVD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PLYY GraniteShares YieldBoost PLTR ETF | -28.21% | -3.83% |
NVD GraniteShares 2x Short NVDA Daily ETF | -34.27% | -10.94% |
Correlation
The correlation between PLYY and NVD is -0.24, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025 | -0.24 |
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Return for Risk
PLYY vs. NVD — Risk / Return Rank
PLYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NVD
PLYY vs. NVD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost PLTR ETF (PLYY) and GraniteShares 2x Short NVDA Daily ETF (NVD). 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.
| PLYY | NVD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.92 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.82 | — |
| Martin ratioReturn relative to average drawdown | — | -1.46 | — |
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Drawdowns
PLYY vs. NVD - Drawdown Comparison
The maximum PLYY drawdown since its inception was -39.49%, smaller than the maximum NVD drawdown of -99.26%. Use the drawdown chart below to compare losses from any high point for PLYY and NVD.
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Drawdown Indicators
| PLYY | NVD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.49% | -99.26% | +59.77% |
Max Drawdown (1Y)Largest decline over 1 year | — | -59.80% | — |
Current DrawdownCurrent decline from peak | -37.66% | -99.11% | +61.45% |
Average DrawdownAverage peak-to-trough decline | -21.62% | -82.51% | +60.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 33.42% | — |
Volatility
PLYY vs. NVD - Volatility Comparison
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Volatility by Period
| PLYY | NVD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 24.57% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 57.71% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.68% | 73.34% | -45.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.68% | 92.04% | -64.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.68% | 92.04% | -64.36% |
PLYY vs. NVD - Expense Ratio Comparison
PLYY has a 1.07% expense ratio, which is lower than NVD's 1.50% expense ratio.
Dividends
PLYY vs. NVD - Dividend Comparison
PLYY's dividend yield for the trailing twelve months is around 139.63%, more than NVD's 17.99% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
NVD GraniteShares 2x Short NVDA Daily ETF | 17.99% | 11.83% | 8.68% | 15.78% |
PLYY GraniteShares YieldBoost PLTR ETF | 139.63% | 32.14% | 0.00% | 0.00% |
Frequently Asked Questions
PLYY and NVD have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PLYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PLYY is cheaper with a 1.07% expense ratio, compared with 1.50% for NVD.
PLYY has the higher dividend yield at 139.63%, compared with 17.99% for NVD.
PLYY is categorized as Derivative Income, while NVD is Inverse Equities. Their fees differ too: 1.07% for PLYY and 1.50% for NVD.
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