SIV.AX vs. NFLY

Last updated Jun 5, 2026

SIV.AX (SIV Capital Limited) is a stock, while NFLY (YieldMax NFLX Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, SIV.AX returned 0.00% vs -33.86% for NFLY. At a correlation of -0.00, they often move in opposite directions.

Performance

SIV.AX vs. NFLY - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in SIV Capital Limited (SIV.AX) and YieldMax NFLX Option Income Strategy ETF (NFLY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SIV.AX is traded in AUD, while NFLY is traded in USD. To make them comparable, the NFLY values have been converted to AUD using the latest available exchange rates.

Returns By Period

SIV.AX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: -7.58%
• 5Y*: -10.55%
• 10Y*: -27.90%

NFLY

• 1D: 1.33%
• 1M: -1.66%
• YTD: -13.05%
• 6M: -17.78%
• 1Y: -33.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SIV.AX vs. NFLY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SIV.AX SIV Capital Limited	0.00%	0.00%	-6.25%	-21.95%
NFLY YieldMax NFLX Option Income Strategy ETF	-13.05%	-5.72%	83.11%	-0.62%

Correlation

The correlation between SIV.AX and NFLY is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 9, 2023	-0.00

Return for Risk

SIV.AX vs. NFLY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NFLY

NFLY Risk / Return Rank: 2
NFLY Sharpe Ratio Rank: 1
NFLY Sortino Ratio Rank: 2
NFLY Omega Ratio Rank: 1
NFLY Calmar Ratio Rank: 2
NFLY Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SIV.AX vs. NFLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SIV Capital Limited (SIV.AX) and YieldMax NFLX Option Income Strategy ETF (NFLY). 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.

Sharpe Ratios by Period

	SIV.AX	NFLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.17	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.54	-0.59

Drawdowns

SIV.AX vs. NFLY - Drawdown Comparison

The maximum SIV.AX drawdown since its inception was -97.58%, which is greater than NFLY's maximum drawdown of -41.66%. Use the drawdown chart below to compare losses from any high point for SIV.AX and NFLY.

Drawdown Indicators

	SIV.AX	NFLY	Difference
Max Drawdown Largest peak-to-trough decline	-97.58%	-41.66%	-55.92%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-41.66%	+41.66%
Max Drawdown (3Y) Largest decline over 3 years	-32.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-97.58%	—	—
Current Drawdown Current decline from peak	-96.78%	-36.33%	-60.45%
Average Drawdown Average peak-to-trough decline	-47.70%	-9.19%	-38.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	23.38%	-23.38%

Volatility

SIV.AX vs. NFLY - Volatility Comparison

The current volatility for SIV Capital Limited (SIV.AX) is 0.00%, while YieldMax NFLX Option Income Strategy ETF (NFLY) has a volatility of 6.18%. This indicates that SIV.AX experiences smaller price fluctuations and is considered to be less risky than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIV.AX	NFLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	6.18%	-6.18%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	22.05%	-22.05%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	29.01%	-29.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.69%	28.26%	+12.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.42%	28.26%	+35.16%

Dividends

SIV.AX vs. NFLY - Dividend Comparison

SIV.AX has not paid dividends to shareholders, while NFLY's dividend yield for the trailing twelve months is around 58.80%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFLY YieldMax NFLX Option Income Strategy ETF	58.80%	61.53%	49.91%	11.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SIV.AX SIV Capital Limited	0.00%	0.00%	0.00%	0.00%	31.58%	0.00%	93.75%	0.00%	4.07%	5.24%	6.66%	3.98%

Frequently Asked Questions

Can I hold both SIV.AX and NFLY in my portfolio?

SIV.AX and NFLY have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.