YieldMax NVDA Option Income Strategy ETF
$12.64−0.13 (−1.02%)
- Expense ratio
- 1.09%
- Fund size
- $1.4B
- 1Y return
- +25.1%
- Yield · Last 12 months
- 53.76%
- Holdings
- 7
- Volume · 30D
- 2.5M sh
- NAV per share
- $12.73
- 52W range
The ETF.net NVDY Grade
Score 51 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 18Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 70Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 48Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 81Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 84Category rank
Our read on NVDY
CThe fund that turned NVIDIA's volatility into a paycheck. NVDY holds options instead of NVDA shares, sells calls against that exposure, and pays the premium out on a set schedule. Upside is capped by design.
The fund seeks current income by selling call spreads on NVIDIA while providing exposure to NVDA share-price gains subject to a limit on potential gains.
Why people hold it
- An original of the single-stock income wave: launched in 2023, it has grown into a multi-billion-dollar fund that trades actively.
- The machinery is legible: synthetic NVIDIA exposure built from options, call spreads sold against it, premium distributed on a weekly cadence.yieldmaxetfs.comyieldmaxetfs.com
- Stands in the upper half of the six NVIDIA-linked income funds we grade, with a 1.09% expense ratio sitting close to that group's middle.
Worth knowing
- Capped by construction. The sold call spread limits how much of a big NVIDIA move the fund keeps, and payouts rise and fall with option premiums.yieldmaxetfs.com
- One stock, one strategy. Everything here tracks NVIDIA, and the exposure is synthetic, so the fund holds options rather than NVDA shares.
- Not the cheapest route to NVIDIA income: 1.09% versus 0.99% at REX's NVII, which runs a different growth-and-income design.
NVDY Holdings
- Other
- 7
- 105%
- United States Treasury Bill 10/15/2026
Geography
NVDY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NVDY |
|---|---|
| Year to date | +20.8% |
| 1 month | +5.5% |
| 3 months | +9.1% |
| 1 year | +25.1% |
| 3 years | +57.1% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NVDY |
|---|---|---|
| 2026 YTD | +20.8% | |
| 2025 | +27.9% | |
| 2024 | +115.4% | |
| 2023 | +42.0% |
NVDY in the news
ETF.net Research hasn’t filed on NVDY yet — coverage lands here as it’s written.
NVDY Dividends
- 53.76%
- $6.86
- $0.09 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.09 |
| Sep 10, 2026 | Sep 11, 2026 | $0.10 |
| Sep 3, 2026 | Sep 4, 2026 | $0.10 |
| Aug 27, 2026 | Aug 28, 2026 | $0.09 |
| Aug 20, 2026 | Aug 21, 2026 | $0.12 |
| Aug 13, 2026 | Aug 14, 2026 | $0.10 |
| Aug 6, 2026 | Aug 7, 2026 | $0.10 |
| Jul 30, 2026 | Jul 31, 2026 | $0.12 |
| Jul 23, 2026 | Jul 24, 2026 | $0.09 |
| Jul 16, 2026 | Jul 17, 2026 | $0.10 |
| Jul 9, 2026 | Jul 10, 2026 | $0.10 |
| Jul 2, 2026 | Jul 6, 2026 | $0.10 |
NVDY Risk
- 29.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.35
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −33.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.29
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NVDY Cost
- The middle half of Nvidia (NVDA) Option Income funds
- Median 1.07%
5 of the 7 Nvidia (NVDA) Option Income funds charge less.