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SQY vs. NVDY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SQY and NVDY is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

SQY vs. NVDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax SQ Option Income Strategy ETF (SQY) and YieldMax NVDA Option Income Strategy ETF (NVDY). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
33.88%
2.19%
SQY
NVDY

Key characteristics

Sharpe Ratio

SQY:

0.81

NVDY:

2.53

Sortino Ratio

SQY:

1.30

NVDY:

3.06

Omega Ratio

SQY:

1.17

NVDY:

1.42

Calmar Ratio

SQY:

1.45

NVDY:

5.10

Martin Ratio

SQY:

2.93

NVDY:

16.53

Ulcer Index

SQY:

10.39%

NVDY:

6.54%

Daily Std Dev

SQY:

37.49%

NVDY:

42.64%

Max Drawdown

SQY:

-20.92%

NVDY:

-21.19%

Current Drawdown

SQY:

-9.86%

NVDY:

-10.74%

Returns By Period

In the year-to-date period, SQY achieves a 23.30% return, which is significantly lower than NVDY's 106.34% return.


SQY

YTD

23.30%

1M

-3.35%

6M

35.68%

1Y

26.22%

5Y*

N/A

10Y*

N/A

NVDY

YTD

106.34%

1M

-5.78%

6M

-0.29%

1Y

109.59%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SQY vs. NVDY - Expense Ratio Comparison

SQY has a 1.01% expense ratio, which is higher than NVDY's 0.99% expense ratio.


SQY
YieldMax SQ Option Income Strategy ETF
Expense ratio chart for SQY: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for NVDY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

SQY vs. NVDY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) 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.


Sharpe ratio
The chart of Sharpe ratio for SQY, currently valued at 0.81, compared to the broader market0.002.004.000.812.53
The chart of Sortino ratio for SQY, currently valued at 1.30, compared to the broader market-2.000.002.004.006.008.0010.001.303.06
The chart of Omega ratio for SQY, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.42
The chart of Calmar ratio for SQY, currently valued at 1.45, compared to the broader market0.005.0010.0015.001.455.10
The chart of Martin ratio for SQY, currently valued at 2.93, compared to the broader market0.0020.0040.0060.0080.00100.002.9316.53
SQY
NVDY

The current SQY Sharpe Ratio is 0.81, which is lower than the NVDY Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of SQY and NVDY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
0.81
2.53
SQY
NVDY

Dividends

SQY vs. NVDY - Dividend Comparison

SQY's dividend yield for the trailing twelve months is around 56.17%, less than NVDY's 86.85% yield.


TTM2023
SQY
YieldMax SQ Option Income Strategy ETF
56.17%9.85%
NVDY
YieldMax NVDA Option Income Strategy ETF
86.85%22.32%

Drawdowns

SQY vs. NVDY - Drawdown Comparison

The maximum SQY drawdown since its inception was -20.92%, roughly equal to the maximum NVDY drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for SQY and NVDY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.86%
-10.74%
SQY
NVDY

Volatility

SQY vs. NVDY - Volatility Comparison

YieldMax SQ Option Income Strategy ETF (SQY) has a higher volatility of 12.62% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 8.77%. This indicates that SQY's price experiences larger fluctuations and is considered to be riskier than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.62%
8.77%
SQY
NVDY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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