RDYY vs. NVDY
RDYY (YieldMax RDDT Option Income Strategy ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - RDYY is a Derivative Income fund actively managed by YieldMax, while NVDY is a Options Trading fund actively managed by YieldMax. Both are actively managed. At a 0.23 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
RDYY vs. NVDY - Performance Comparison
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Returns By Period
In the year-to-date period, RDYY achieves a -22.78% return, which is significantly lower than NVDY's 13.06% return.
RDYY
- 1D
- 0.78%
- 1M
- 2.65%
- YTD
- -22.78%
- 6M
- -20.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDY
- 1D
- -2.22%
- 1M
- 5.54%
- YTD
- 13.06%
- 6M
- 17.67%
- 1Y
- 46.64%
- 3Y*
- 54.54%
- 5Y*
- —
- 10Y*
- —
RDYY vs. NVDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RDYY YieldMax RDDT Option Income Strategy ETF | -22.78% | -6.52% |
NVDY YieldMax NVDA Option Income Strategy ETF | 13.06% | 8.65% |
Correlation
The correlation between RDYY and NVDY is 0.23, 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 Sep 10, 2025 | 0.23 |
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Return for Risk
RDYY vs. NVDY — Risk / Return Rank
RDYY
NVDY
RDYY vs. NVDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax RDDT Option Income Strategy ETF (RDYY) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| RDYY | NVDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.72 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.67 | 1.64 | -2.30 |
Drawdowns
RDYY vs. NVDY - Drawdown Comparison
The maximum RDYY drawdown since its inception was -51.16%, which is greater than NVDY's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for RDYY and NVDY.
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Drawdown Indicators
| RDYY | NVDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.16% | -34.08% | -17.08% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.08% | — |
Current DrawdownCurrent decline from peak | -34.14% | -6.66% | -27.48% |
Average DrawdownAverage peak-to-trough decline | -28.62% | -6.15% | -22.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.20% | — |
Volatility
RDYY vs. NVDY - Volatility Comparison
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Volatility by Period
| RDYY | NVDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 20.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 54.12% | 27.35% | +26.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.12% | 38.24% | +15.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.12% | 38.24% | +15.88% |
RDYY vs. NVDY - Expense Ratio Comparison
Both RDYY and NVDY have an expense ratio of 0.99%.
Dividends
RDYY vs. NVDY - Dividend Comparison
RDYY's dividend yield for the trailing twelve months is around 83.18%, more than NVDY's 61.36% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 61.36% | 83.10% | 83.65% | 22.32% |
RDYY YieldMax RDDT Option Income Strategy ETF | 83.18% | 25.20% | 0.00% | 0.00% |
Frequently Asked Questions
RDYY and NVDY have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
RDYY and NVDY have the same expense ratio: 0.99% per year.
RDYY has the higher dividend yield at 83.18%, compared with 61.36% for NVDY.
RDYY is categorized as Derivative Income, while NVDY is Options Trading.
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