SSRM vs. NVDY

Last updated Jun 5, 2026

SSRM (SSR Mining Inc.) is a stock, while NVDY (YieldMax NVDA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past 3 years, SSRM returned 25.93%/yr vs 55.07%/yr for NVDY. At a 0.11 correlation, their price movements are largely independent.

Performance

SSRM vs. NVDY - Performance Comparison

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

Returns By Period

In the year-to-date period, SSRM achieves a 34.40% return, which is significantly higher than NVDY's 14.49% return.

SSRM

• 1D: 1.97%
• 1M: 4.28%
• YTD: 34.40%
• 6M: 38.77%
• 1Y: 139.32%
• 3Y*: 25.93%
• 5Y*: 11.38%
• 10Y*: 11.50%

NVDY

• 1D: 1.27%
• 1M: 7.84%
• YTD: 14.49%
• 6M: 17.01%
• 1Y: 47.85%
• 3Y*: 55.07%
• 5Y*: —
• 10Y*: —

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

SSRM vs. NVDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SSRM SSR Mining Inc.	34.40%	214.94%	-35.32%	-32.57%
NVDY YieldMax NVDA Option Income Strategy ETF	14.49%	27.38%	114.23%	42.02%

Correlation

The correlation between SSRM and NVDY is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since May 12, 2023	0.11

Return for Risk

SSRM vs. NVDY — Risk / Return Rank

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

SSRM

SSRM Risk / Return Rank: 87
SSRM Sharpe Ratio Rank: 89
SSRM Sortino Ratio Rank: 84
SSRM Omega Ratio Rank: 84
SSRM Calmar Ratio Rank: 90
SSRM Martin Ratio Rank: 90

NVDY

NVDY Risk / Return Rank: 56
NVDY Sharpe Ratio Rank: 52
NVDY Sortino Ratio Rank: 48
NVDY Omega Ratio Rank: 48
NVDY Calmar Ratio Rank: 76
NVDY Martin Ratio Rank: 54

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.

SSRM vs. NVDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SSR Mining Inc. (SSRM) 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.

	SSRM	NVDY	Difference
Sharpe ratio: Return per unit of total volatility	2.14	1.76	+0.38
Sortino ratio: Return per unit of downside risk	2.62	2.34	+0.28
Omega ratio: Gain probability vs. loss probability	1.34	1.29	+0.05
Calmar ratio: Return relative to maximum drawdown	4.54	3.75	+0.79
Martin ratio: Return relative to average drawdown	12.31	9.22	+3.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SSRM vs. NVDY - Sharpe Ratio Comparison

The current SSRM Sharpe Ratio is 2.14, which is comparable to the NVDY Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of SSRM and NVDY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SSRM	NVDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	1.76	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	1.65	-1.54

Drawdowns

SSRM vs. NVDY - Drawdown Comparison

The maximum SSRM drawdown since its inception was -91.68%, which is greater than NVDY's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for SSRM and NVDY.

Drawdown Indicators

	SSRM	NVDY	Difference
Max Drawdown Largest peak-to-trough decline	-91.68%	-34.08%	-57.60%
Max Drawdown (1Y) Largest decline over 1 year	-30.88%	-12.81%	-18.07%
Max Drawdown (3Y) Largest decline over 3 years	-73.41%	-34.08%	-39.33%
Max Drawdown (5Y) Largest decline over 5 years	-83.16%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-83.16%	—	—
Current Drawdown Current decline from peak	-32.32%	-5.47%	-26.85%
Average Drawdown Average peak-to-trough decline	-57.17%	-6.15%	-51.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.36%	5.21%	+6.15%

Volatility

SSRM vs. NVDY - Volatility Comparison

SSR Mining Inc. (SSRM) has a higher volatility of 21.51% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 9.43%. This indicates that SSRM'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.

Volatility by Period

	SSRM	NVDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.51%	9.43%	+12.08%
Volatility (6M) Calculated over the trailing 6-month period	52.56%	20.71%	+31.85%
Volatility (1Y) Calculated over the trailing 1-year period	65.44%	27.33%	+38.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.67%	38.22%	+17.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.84%	38.22%	+14.62%

Dividends

SSRM vs. NVDY - Dividend Comparison

SSRM has not paid dividends to shareholders, while NVDY's dividend yield for the trailing twelve months is around 62.14%.

Position	TTM	2025	2024	2023	2022	2021
NVDY YieldMax NVDA Option Income Strategy ETF	62.14%	83.10%	83.65%	22.32%	0.00%	0.00%
SSRM SSR Mining Inc.	0.00%	0.00%	0.00%	2.60%	1.79%	1.13%

Frequently Asked Questions

Can I hold both SSRM and NVDY in my portfolio?

SSRM and NVDY have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSRM or NVDY?

SSRM has higher volatility (21.51%) compared to NVDY (9.43%). In terms of maximum drawdown, SSRM dropped -91.68% vs NVDY's -34.08%.

Which has better risk-adjusted returns?

SSRM currently has the higher Sharpe Ratio (2.14 vs 1.76), 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.