SCHD vs. NVDY
SCHD (Schwab U.S. Dividend Equity ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index, while NVDY is a Derivative Income fund actively managed by YieldMax. SCHD is passively managed, while NVDY is actively managed. Over the past 3 years, SCHD returned 15.09%/yr vs 54.54%/yr for NVDY. At a 0.07 correlation, their price movements are largely independent. SCHD charges 0.06%/yr vs 0.99%/yr for NVDY.
Performance
SCHD vs. NVDY - Performance Comparison
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Returns By Period
In the year-to-date period, SCHD achieves a 19.01% return, which is significantly higher than NVDY's 13.06% return.
SCHD
- 1D
- 0.00%
- 1M
- 2.70%
- YTD
- 19.01%
- 6M
- 18.63%
- 1Y
- 27.16%
- 3Y*
- 15.09%
- 5Y*
- 8.36%
- 10Y*
- 12.77%
NVDY
- 1D
- -2.22%
- 1M
- 5.54%
- YTD
- 13.06%
- 6M
- 17.67%
- 1Y
- 46.64%
- 3Y*
- 54.54%
- 5Y*
- —
- 10Y*
- —
SCHD vs. NVDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 19.01% | 4.34% | 11.66% | 12.03% |
NVDY YieldMax NVDA Option Income Strategy ETF | 13.06% | 27.38% | 114.23% | 42.02% |
Correlation
The correlation between SCHD and NVDY is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since May 12, 2023 | 0.07 |
The correlation between SCHD and NVDY shifts across timeframes, from -0.13 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SCHD vs. NVDY — Risk / Return Rank
SCHD
NVDY
SCHD vs. NVDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) 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.
| SCHD | NVDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.29 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 5.91 | 3.66 | +2.26 |
| Martin ratioReturn relative to average drawdown | 14.53 | 9.00 | +5.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCHD | NVDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 1.72 | +0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 1.64 | -0.77 |
Drawdowns
SCHD vs. NVDY - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, roughly equal to the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for SCHD and NVDY.
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Drawdown Indicators
| SCHD | NVDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.37% | -34.08% | +0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -12.81% | +8.20% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -34.08% | +17.95% |
Max Drawdown (5Y)Largest decline over 5 years | -16.85% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.37% | — | — |
Current DrawdownCurrent decline from peak | -1.40% | -6.66% | +5.26% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -6.15% | +2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 5.20% | -3.32% |
Volatility
SCHD vs. NVDY - Volatility Comparison
The current volatility for Schwab U.S. Dividend Equity ETF (SCHD) is 2.66%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 9.46%. This indicates that SCHD experiences smaller price fluctuations and is considered to be less risky than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHD | NVDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 9.46% | -6.80% |
Volatility (6M)Calculated over the trailing 6-month period | 7.66% | 20.68% | -13.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 27.35% | -16.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 38.24% | -23.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.72% | 38.24% | -21.52% |
SCHD vs. NVDY - Expense Ratio Comparison
SCHD has a 0.06% expense ratio, which is lower than NVDY's 0.99% expense ratio.
Dividends
SCHD vs. NVDY - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.26%, less than NVDY's 61.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 61.36% | 83.10% | 83.65% | 22.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab U.S. Dividend Equity ETF | 3.26% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Frequently Asked Questions
SCHD and NVDY have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDY has higher volatility (9.46%) compared to SCHD (2.66%). In terms of maximum drawdown, SCHD dropped -33.37% vs NVDY's -34.08%.
On 3-year performance, NVDY leads with 54.54% vs 15.09% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, NVDY has performed better with a 54.54% return vs 15.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.99% for NVDY.
NVDY has the higher dividend yield at 61.36%, compared with 3.26% for SCHD.
SCHD is categorized as Dividend, while NVDY is Derivative Income. They also come from different issuers: Charles Schwab and YieldMax. Their fees differ too: 0.06% for SCHD and 0.99% for NVDY.
SCHD currently has the higher Sharpe Ratio (2.49 vs 1.72), 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.
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