XOMO vs. NVDY
Compare and contrast key facts about YieldMax XOM Option Income Strategy ETF (XOMO) and YieldMax NVDA Option Income Strategy ETF (NVDY).
XOMO and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XOMO is an actively managed fund by YieldMax. It was launched on Aug 30, 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: XOMO or NVDY.
Key characteristics
| XOMO | NVDY | |
|---|---|---|
| YTD Return | 15.90% | 127.59% |
| 1Y Return | 14.80% | 143.29% |
| Sharpe Ratio | 1.12 | 3.46 |
| Sortino Ratio | 1.59 | 3.75 |
| Omega Ratio | 1.20 | 1.54 |
| Calmar Ratio | 1.19 | 6.88 |
| Martin Ratio | 5.06 | 22.90 |
| Ulcer Index | 3.19% | 6.37% |
| Daily Std Dev | 14.37% | 42.08% |
| Max Drawdown | -13.53% | -21.19% |
| Current Drawdown | -3.08% | -0.08% |
Correlation
The correlation between XOMO and NVDY is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
XOMO vs. NVDY - Performance Comparison
In the year-to-date period, XOMO achieves a 15.90% return, which is significantly lower than NVDY's 127.59% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XOMO vs. NVDY - Expense Ratio Comparison
XOMO has a 1.01% expense ratio, which is higher than NVDY's 0.99% expense ratio.
Risk-Adjusted Performance
XOMO vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax XOM Option Income Strategy ETF (XOMO) 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
XOMO vs. NVDY - Dividend Comparison
XOMO's dividend yield for the trailing twelve months is around 20.22%, less than NVDY's 72.55% yield.
| TTM | 2023 | |
|---|---|---|
XOMO YieldMax XOM Option Income Strategy ETF | 20.22% | 5.13% |
NVDY YieldMax NVDA Option Income Strategy ETF | 72.55% | 22.32% |
Drawdowns
XOMO vs. NVDY - Drawdown Comparison
The maximum XOMO drawdown since its inception was -13.53%, smaller than the maximum NVDY drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for XOMO and NVDY. For additional features, visit the drawdowns tool.
Volatility
XOMO vs. NVDY - Volatility Comparison
The current volatility for YieldMax XOM Option Income Strategy ETF (XOMO) is 4.56%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 8.62%. This indicates that XOMO 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.