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

Performance

YMAX vs. NVDY - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
11.74%
32.79%
YMAX
NVDY

Returns By Period


YMAX

YTD

N/A

1M

7.60%

6M

10.19%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

NVDY

YTD

125.58%

1M

1.63%

6M

37.66%

1Y

135.17%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YMAXNVDY
Daily Std Dev18.23%42.31%
Max Drawdown-12.78%-21.19%
Current Drawdown-0.16%-0.96%

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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%

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.

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.


Sharpe ratio
No data
YMAX
NVDY

Chart placeholderNot enough data

Dividends

YMAX vs. NVDY - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 34.08%, less than NVDY's 73.19% yield.


TTM2023
YMAX
YieldMax Universe Fund of Option Income ETFs
34.08%0.00%
NVDY
YieldMax NVDA Option Income Strategy ETF
73.19%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
-0.16%
-0.96%
YMAX
NVDY

Volatility

YMAX vs. NVDY - Volatility Comparison

The current volatility for YieldMax Universe Fund of Option Income ETFs (YMAX) is 5.91%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 8.44%. 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
5.91%
8.44%
YMAX
NVDY