TUGN vs. NVDY

Last updated Jun 3, 2026

TUGN (STF Tactical Growth & Income ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - TUGN is a Diversified Portfolio fund actively managed by STF, while NVDY is a Options Trading fund actively managed by YieldMax. Both are actively managed. Over the past 3 years, TUGN returned 22.96%/yr vs 55.70%/yr for NVDY. A 0.67 correlation means they provide meaningful diversification when combined. TUGN charges 0.65%/yr vs 0.99%/yr for NVDY.

Performance

TUGN vs. NVDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STF Tactical Growth & Income ETF (TUGN) 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, TUGN achieves a 19.71% return, which is significantly higher than NVDY's 15.63% return.

TUGN

• 1D: 0.49%
• 1M: 11.22%
• YTD: 19.71%
• 6M: 18.36%
• 1Y: 38.50%
• 3Y*: 22.96%
• 5Y*: —
• 10Y*: —

NVDY

• 1D: -0.64%
• 1M: 8.18%
• YTD: 15.63%
• 6M: 19.60%
• 1Y: 52.45%
• 3Y*: 55.70%
• 5Y*: —
• 10Y*: —

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

TUGN vs. NVDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TUGN STF Tactical Growth & Income ETF	19.71%	19.11%	18.44%	19.50%
NVDY YieldMax NVDA Option Income Strategy ETF	15.63%	27.38%	114.23%	42.02%

Correlation

The correlation between TUGN and NVDY is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since May 12, 2023	0.67

The correlation between TUGN and NVDY has been stable across timeframes, ranging from 0.62 to 0.67 - a consistent structural relationship.

Return for Risk

TUGN vs. NVDY — Risk / Return Rank

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

TUGN

TUGN Risk / Return Rank: 68
TUGN Sharpe Ratio Rank: 76
TUGN Sortino Ratio Rank: 71
TUGN Omega Ratio Rank: 73
TUGN Calmar Ratio Rank: 60
TUGN Martin Ratio Rank: 58

NVDY

NVDY Risk / Return Rank: 60
NVDY Sharpe Ratio Rank: 56
NVDY Sortino Ratio Rank: 51
NVDY Omega Ratio Rank: 51
NVDY Calmar Ratio Rank: 82
NVDY Martin Ratio Rank: 59

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.

TUGN vs. NVDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STF Tactical Growth & Income ETF (TUGN) 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.

	TUGN	NVDY	Difference
Sharpe ratio Return per unit of total volatility	2.54	1.93	+0.60
Sortino ratio Return per unit of downside risk	3.29	2.52	+0.77
Omega ratio Gain probability vs. loss probability	1.44	1.32	+0.12
Calmar ratio Return relative to maximum drawdown	3.02	4.29	-1.27
Martin ratio Return relative to average drawdown	10.55	10.62	-0.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TUGN vs. NVDY - Sharpe Ratio Comparison

The current TUGN Sharpe Ratio is 2.54, which is higher than the NVDY Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of TUGN 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

	TUGN	NVDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.54	1.93	+0.60
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	1.67	-0.70

Drawdowns

TUGN vs. NVDY - Drawdown Comparison

The maximum TUGN drawdown since its inception was -23.45%, smaller than the maximum NVDY drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for TUGN and NVDY.

Drawdown Indicators

	TUGN	NVDY	Difference
Max Drawdown Largest peak-to-trough decline	-23.45%	-34.08%	+10.63%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-12.81%	-0.15%
Max Drawdown (3Y) Largest decline over 3 years	-21.60%	-34.08%	+12.48%
Current Drawdown Current decline from peak	0.00%	-4.54%	+4.54%
Average Drawdown Average peak-to-trough decline	-6.44%	-6.15%	-0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	5.18%	-1.47%

Volatility

TUGN vs. NVDY - Volatility Comparison

The current volatility for STF Tactical Growth & Income ETF (TUGN) is 5.24%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 9.09%. This indicates that TUGN 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.

Volatility by Period

	TUGN	NVDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.24%	9.09%	-3.85%
Volatility (6M) Calculated over the trailing 6-month period	11.63%	20.58%	-8.95%
Volatility (1Y) Calculated over the trailing 1-year period	15.25%	27.28%	-12.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.04%	38.24%	-21.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.04%	38.24%	-21.20%

TUGN vs. NVDY - Expense Ratio Comparison

TUGN has a 0.65% expense ratio, which is lower than NVDY's 0.99% expense ratio.

Dividends

TUGN vs. NVDY - Dividend Comparison

TUGN's dividend yield for the trailing twelve months is around 10.47%, less than NVDY's 60.00% yield.

Position	TTM	2025	2024	2023	2022
NVDY YieldMax NVDA Option Income Strategy ETF	60.00%	83.10%	83.65%	22.32%	0.00%
TUGN STF Tactical Growth & Income ETF	10.47%	11.50%	11.84%	10.83%	7.58%

Frequently Asked Questions

Can I hold both TUGN and NVDY in my portfolio?

TUGN and NVDY have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TUGN or NVDY?

NVDY has higher volatility (9.09%) compared to TUGN (5.24%). In terms of maximum drawdown, TUGN dropped -23.45% vs NVDY's -34.08%.

Which ETF is better, TUGN or NVDY?

On 3-year performance, NVDY leads with 55.70% vs 22.96% for TUGN. On fees, TUGN is cheaper at 0.65% per year. On volatility, TUGN has been the lower-risk option at 5.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TUGN or NVDY?

Over the 3-year period, NVDY has performed better with a 55.70% return vs 22.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TUGN or NVDY?

TUGN is cheaper with a 0.65% expense ratio, compared with 0.99% for NVDY.

Which ETF pays a higher dividend yield, TUGN or NVDY?

NVDY has the higher dividend yield at 60.00%, compared with 10.47% for TUGN.

What is the main difference between TUGN and NVDY?

TUGN is categorized as Diversified Portfolio, while NVDY is Options Trading. They also come from different issuers: STF and YieldMax. Their fees differ too: 0.65% for TUGN and 0.99% for NVDY.

Which has better risk-adjusted returns?

TUGN currently has the higher Sharpe Ratio (2.54 vs 1.93), 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.