PPI vs. NMBL
PPI (Astoria Real Assets ETF) and NMBL (NovaTide Flexible Allocation ETF) are both Global Allocation funds. Both are actively managed. Their 0.75 correlation means they have sometimes moved together and sometimes differently. PPI charges 0.58%/yr vs 1.99%/yr for NMBL.
Performance
PPI vs. NMBL - Performance Comparison
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Returns By Period
In the year-to-date period, PPI achieves a 15.76% return, which is significantly higher than NMBL's 5.66% return.
PPI
- 1D
- 0.45%
- 1M
- 1.48%
- 6M
- 7.16%
- YTD
- 15.76%
- 1Y
- 27.12%
- 3Y*
- 18.90%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 14.41%
NMBL
- 1D
- 1.62%
- 1M
- 1.72%
- 6M
- 3.57%
- YTD
- 5.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $149.30K | $89.11K | $84.95K | |
| $458.77K | $622.77K | $642.93K |
PPI vs. NMBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PPI Astoria Real Assets ETF | 15.76% | -0.75% |
NMBL NovaTide Flexible Allocation ETF | 5.66% | -0.27% |
Correlation
The correlation between PPI and NMBL is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 31, 2025 | 0.75 |
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Return for Risk
PPI vs. NMBL — Risk / Return Rank
PPI
NMBL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PPI vs. NMBL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Astoria Real Assets ETF (PPI) and NovaTide Flexible Allocation ETF (NMBL). 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.
| PPI | NMBL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | — | — |
| Martin ratioReturn relative to average drawdown | 8.54 | — | — |
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Drawdowns
PPI vs. NMBL - Drawdown Comparison
The maximum PPI drawdown since its inception was -24.54%, which is greater than NMBL's maximum drawdown of -8.05%. Use the drawdown chart below to compare losses from any high point for PPI and NMBL.
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Drawdown Indicators
| PPI | NMBL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.54% | -8.05% | -16.49% |
Max Drawdown (1Y)Largest decline over 1 year | -7.98% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -20.70% | — | — |
Current DrawdownCurrent decline from peak | -3.90% | -1.81% | -2.09% |
Average DrawdownAverage peak-to-trough decline | -6.43% | -2.33% | -4.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | — | — |
Volatility
PPI vs. NMBL - Volatility Comparison
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Volatility by Period
| PPI | NMBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.24% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.33% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.71% | 13.23% | +3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.94% | 13.23% | +5.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.94% | 13.23% | +5.71% |
PPI vs. NMBL - Expense Ratio Comparison
PPI has a 0.58% expense ratio, which is lower than NMBL's 1.99% expense ratio.
Dividends
PPI vs. NMBL - Dividend Comparison
PPI's dividend yield for the trailing twelve months is around 1.30%, more than NMBL's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
NMBL NovaTide Flexible Allocation ETF | 0.88% | 0.93% | 0.00% | 0.00% | 0.00% |
PPI Astoria Real Assets ETF | 1.30% | 1.06% | 0.60% | 2.87% | 2.40% |
Frequently Asked Questions
PPI and NMBL have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPI is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPI is cheaper with a 0.58% expense ratio, compared with 1.99% for NMBL.
PPI has the higher dividend yield at 1.30%, compared with 0.88% for NMBL.
They also come from different issuers: AXS and Tidal. Their fees differ too: 0.58% for PPI and 1.99% for NMBL.
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