NVDY vs NVIT

NVDYBYieldMax NVDA Option Income Strategy ETF

NVITBYieldMax NVDA Performance & Distribution Target 25 ETF

In short

NVDY The 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.

NVIT YieldMax's NVDA income engine with a number bolted on: NVIT targets a 25% annualized distribution rate, using synthetic long exposure to NVIDIA plus options to pursue income and upside together.

Stated mandate

NVDY 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.

NVIT NVIT seeks current income and capital appreciation through synthetic long exposure to NVIDIA Corporation, using options strategies intended to generate premiums and recurring distributions.

Why people hold it

• NVDY 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 2
• 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.

• NVIT The payout target is written into the mandate: 25% annualized, with the options book managed around that number rather than distributing whatever premiums happen to land.
• Built for two jobs, not one: synthetic long NVDA exposure means the fund seeks capital appreciation alongside option premium income.
• At 1.08%, the fee sits right at the middle of the NVDA option-income pack (1.07% cohort median), so the newer design costs no more than the older ones.

Worth knowing

• NVDY 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.

• NVIT Options, not shares: NVDA exposure is synthetic, so there are no shareholder rights and results depend on how the options book behaves, not the stock alone.
• A target is a target, not a promise. YieldMax discloses that distributions can include return of capital, meaning part of a payout can be your own money coming back.
• Launched in 2025 and lightly traded so far: a short record, and thinner volume can mean wider bid-ask spreads than the established NVDA income funds like NVDY.

Full NVDY profile⁠

Full NVIT profile⁠