TSLP vs. NVDY
Compare and contrast key facts about Kurv Yield Premium Strategy Tesla ETF (TSLP) and YieldMax NVDA Option Income Strategy ETF (NVDY).
TSLP and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLP is an actively managed fund by Kurv. It was launched on Oct 26, 2023. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSLP or NVDY.
Correlation
The correlation between TSLP 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.
Performance
TSLP vs. NVDY - Performance Comparison
Key characteristics
TSLP:
1.39
NVDY:
1.45
TSLP:
2.31
NVDY:
1.95
TSLP:
1.27
NVDY:
1.28
TSLP:
1.67
NVDY:
3.27
TSLP:
8.11
NVDY:
8.88
TSLP:
8.26%
NVDY:
7.79%
TSLP:
48.31%
NVDY:
47.97%
TSLP:
-40.19%
NVDY:
-21.19%
TSLP:
-14.64%
NVDY:
-7.83%
Returns By Period
In the year-to-date period, TSLP achieves a -7.84% return, which is significantly lower than NVDY's -0.54% return.
TSLP
-7.84%
-12.47%
36.63%
59.50%
N/A
N/A
NVDY
-0.54%
-1.50%
10.39%
69.79%
N/A
N/A
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TSLP vs. NVDY - Expense Ratio Comparison
Both TSLP and NVDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
TSLP vs. NVDY — Risk-Adjusted Performance Rank
TSLP
NVDY
TSLP vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Tesla ETF (TSLP) 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.
Dividends
TSLP vs. NVDY - Dividend Comparison
TSLP's dividend yield for the trailing twelve months is around 32.34%, less than NVDY's 89.19% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
TSLP Kurv Yield Premium Strategy Tesla ETF | 32.34% | 21.83% | 4.39% |
NVDY YieldMax NVDA Option Income Strategy ETF | 89.19% | 83.65% | 22.32% |
Drawdowns
TSLP vs. NVDY - Drawdown Comparison
The maximum TSLP drawdown since its inception was -40.19%, which is greater than NVDY's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for TSLP and NVDY. For additional features, visit the drawdowns tool.
Volatility
TSLP vs. NVDY - Volatility Comparison
The current volatility for Kurv Yield Premium Strategy Tesla ETF (TSLP) is 12.98%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 22.75%. This indicates that TSLP 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.