SOXY vs. NVDA
SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) is Derivative Income fund actively managed by YieldMax, while NVDA (NVIDIA Corporation) is a stock. Over the past year, SOXY returned 160.12% vs 45.24% for NVDA. A 0.70 correlation means they provide meaningful diversification when combined.
Performance
SOXY vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, SOXY achieves a 102.24% return, which is significantly higher than NVDA's 12.01% return.
SOXY
- 1D
- 1.77%
- 1M
- 21.43%
- YTD
- 102.24%
- 6M
- 104.03%
- 1Y
- 160.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDA
- 1D
- -0.97%
- 1M
- -2.99%
- YTD
- 12.01%
- 6M
- 13.73%
- 1Y
- 45.24%
- 3Y*
- 70.46%
- 5Y*
- 61.50%
- 10Y*
- 68.65%
SOXY vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SOXY YieldMax Target 12™ Semiconductor Option Income ETF | 102.24% | 37.00% | -0.99% |
NVDA NVIDIA Corporation | 12.01% | 38.92% | -3.12% |
Correlation
The correlation between SOXY and NVDA is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024 | 0.70 |
The correlation between SOXY and NVDA shifts across timeframes, from 0.59 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SOXY vs. NVDA — Risk / Return Rank
SOXY
NVDA
SOXY vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) and NVIDIA Corporation (NVDA). 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.
| SOXY | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.58 | ||
| Sortino ratioReturn per unit of downside risk | +3.04 | ||
| Omega ratioGain probability vs. loss probability | 1.69 | 1.22 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 11.78 | 2.25 | +9.53 |
| Martin ratioReturn relative to average drawdown | 41.98 | 5.27 | +36.71 |
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Drawdowns
SOXY vs. NVDA - Drawdown Comparison
The maximum SOXY drawdown since its inception was -30.22%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for SOXY and NVDA.
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Drawdown Indicators
| SOXY | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.22% | -89.72% | +59.50% |
Max Drawdown (1Y)Largest decline over 1 year | -13.68% | -20.21% | +6.53% |
Max Drawdown (3Y)Largest decline over 3 years | — | -36.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -66.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | 0.00% | -11.39% | +11.39% |
Average DrawdownAverage peak-to-trough decline | -4.91% | -36.16% | +31.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 8.61% | -4.78% |
Volatility
SOXY vs. NVDA - Volatility Comparison
YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) has a higher volatility of 18.30% compared to NVIDIA Corporation (NVDA) at 12.78%. This indicates that SOXY's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOXY | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.30% | 12.78% | +5.52% |
Volatility (6M)Calculated over the trailing 6-month period | 28.26% | 26.61% | +1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.16% | 35.31% | -2.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.37% | 51.80% | -15.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.37% | 49.89% | -13.52% |
Dividends
SOXY vs. NVDA - Dividend Comparison
SOXY's dividend yield for the trailing twelve months is around 6.85%, more than NVDA's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.13% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
SOXY YieldMax Target 12™ Semiconductor Option Income ETF | 6.85% | 11.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SOXY and NVDA have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXY has higher volatility (18.30%) compared to NVDA (12.78%). In terms of maximum drawdown, SOXY dropped -30.22% vs NVDA's -89.72%.
SOXY currently has the higher Sharpe Ratio (4.87 vs 1.29), 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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