YieldMax NVDA Option Income Strategy ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$12.54+0.11 (+0.88%)
- 1.09%
- $1.4B
- +24.8%
- 50.95%
- 2.2M sh
- $12.56
- low $11.57high $17.57
The ETF.net NVDY Grade
C
Score 51 out of 100
- 2 of 8
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F19 out of 100Rank 7 of 8Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 2 of 4Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 3 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A82 out of 100Rank 1 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A84 out of 100Rank 1 of 8
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
- 10
- 102%
- United States Treasury Bill 10/15/2026
Geography
- United States100.00%
NVDY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
NVDY$12,478
Returns run to the Oct 12, 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 | +20.0% |
| 1 month | +3.3% |
| 3 months | +7.8% |
| 1 year | +24.8% |
| 3 years | +51.3% |
| 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 | +20.0% | |
| 2025 | +27.9% | |
| 2024 | +115.4% | |
| 2023 | +42.0% |
NVDY in the news
NVDY Dividends
- 50.95%
- $6.33
- $0.08 per share
- Weekly
Distribution history
NVDY Risk
- 28.7%
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.
- 1.53
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.
- 1.28
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
1.09%
NVDY1.09%
- The middle half of Nvidia (NVDA) Option Income funds
- Median 1.07%
5 of the 7 Nvidia (NVDA) Option Income funds charge less.
Other funds in Nvidia (NVDA) Option Income
- BNVITYieldMax NVDA Performance & Distribution Target 25 ETFExpense ratio 1.08%1 year return —
- CANVGraniteShares Autocallable NVDA ETFExpense ratio 1.07%1 year return —
- CNVIIREX NVDA Growth & Income ETFExpense ratio 1.49%1 year return +27.5%
- CNYYYxETFs NVDA Daily Income ETFExpense ratio 0.99%1 year return —
- DDIPSYieldMax Short NVDA Option Income Strategy ETFExpense ratio 1.05%1 year return −14.8%