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

Key characteristics


YMAXNVDY
Daily Std Dev18.23%42.08%
Max Drawdown-12.78%-21.19%
Current Drawdown-0.11%-0.08%

Correlation

-0.50.00.51.00.6

The correlation between YMAX and NVDY is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

YMAX vs. NVDY - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
10.47%
43.02%
YMAX
NVDY

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


YMAX vs. NVDY - Expense Ratio Comparison

YMAX has a 1.28% expense ratio, which is higher than NVDY's 0.99% expense ratio.


YMAX
YieldMax Universe Fund of Option Income ETFs
Expense ratio chart for YMAX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
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%

Risk-Adjusted Performance

YMAX vs. NVDY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Universe Fund of Option Income ETFs (YMAX) 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.


YMAX
Sharpe ratio
No data
NVDY
Sharpe ratio
The chart of Sharpe ratio for NVDY, currently valued at 3.46, compared to the broader market-2.000.002.004.006.003.46
Sortino ratio
The chart of Sortino ratio for NVDY, currently valued at 3.75, compared to the broader market-2.000.002.004.006.008.0010.0012.003.75
Omega ratio
The chart of Omega ratio for NVDY, currently valued at 1.54, compared to the broader market1.001.502.002.503.001.54
Calmar ratio
The chart of Calmar ratio for NVDY, currently valued at 6.88, compared to the broader market0.005.0010.0015.006.88
Martin ratio
The chart of Martin ratio for NVDY, currently valued at 22.90, compared to the broader market0.0020.0040.0060.0080.00100.0022.90

YMAX vs. NVDY - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

YMAX vs. NVDY - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 33.41%, less than NVDY's 72.55% yield.


TTM2023
YMAX
YieldMax Universe Fund of Option Income ETFs
33.41%0.00%
NVDY
YieldMax NVDA Option Income Strategy ETF
72.55%22.32%

Drawdowns

YMAX vs. NVDY - Drawdown Comparison

The maximum YMAX drawdown since its inception was -12.78%, smaller than the maximum NVDY drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for YMAX and NVDY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.11%
-0.08%
YMAX
NVDY

Volatility

YMAX vs. NVDY - Volatility Comparison

The current volatility for YieldMax Universe Fund of Option Income ETFs (YMAX) is 5.63%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 8.62%. This indicates that YMAX 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.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
5.63%
8.62%
YMAX
NVDY