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

Performance

YBIT vs. NVDY - Performance Comparison

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

-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
3.50%
33.45%
YBIT
NVDY

Returns By Period


YBIT

YTD

N/A

1M

16.15%

6M

4.45%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

NVDY

YTD

119.01%

1M

1.64%

6M

34.20%

1Y

130.92%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YBITNVDY
Daily Std Dev43.35%42.27%
Max Drawdown-29.01%-21.19%
Current Drawdown-1.77%-3.84%

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YBIT vs. NVDY - Expense Ratio Comparison

Both YBIT and NVDY have an expense ratio of 0.99%.


YBIT
YieldMax Bitcoin Option Income Strategy ETF
Expense ratio chart for YBIT: 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%
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%

Correlation

-0.50.00.51.00.3

The correlation between YBIT and NVDY is 0.34, 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.

Risk-Adjusted Performance

YBIT vs. NVDY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) 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
No data
YBIT
NVDY

Chart placeholderNot enough data

Dividends

YBIT vs. NVDY - Dividend Comparison

YBIT's dividend yield for the trailing twelve months is around 37.10%, less than NVDY's 75.39% yield.


TTM2023
YBIT
YieldMax Bitcoin Option Income Strategy ETF
37.10%0.00%
NVDY
YieldMax NVDA Option Income Strategy ETF
75.39%22.32%

Drawdowns

YBIT vs. NVDY - Drawdown Comparison

The maximum YBIT drawdown since its inception was -29.01%, which is greater than NVDY's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for YBIT and NVDY. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.77%
-3.84%
YBIT
NVDY

Volatility

YBIT vs. NVDY - Volatility Comparison

YieldMax Bitcoin Option Income Strategy ETF (YBIT) has a higher volatility of 15.12% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 8.15%. This indicates that YBIT'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.


10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
15.12%
8.15%
YBIT
NVDY