NVDY vs XVNV: Grades, Fees and Holdings Compared

YieldMax NVDA Option Income Strategy ETF

NVDYBNYSE Arca

FT Vest NVDA & Target Income ETF

XVNV—Cboe

Overlap

0.0%by weight

Expense ratio

XVNV −0.24pt a year

NVDY1.09%XVNV0.85%

Avg volume · 30D

NVDY 768.0×the volume

NVDY2.01MXVNV2.62K

NVDY vs XVNV Performance

Sep 30, 2026 – Oct 30, 2026

−9.4%NVDY−11.3%XVNV

Expense ratio: NVDY 1.09%; XVNV 0.85%, better
Fund size: NVDY $1.27B; XVNV $5M
1Y total return: NVDY +5.0%; XVNV No data
Yield (12M): NVDY 54.69%; XVNV No data
Holdings: NVDY 12; XVNV 5
Avg volume (30D): NVDY 2.01M sh, better; XVNV 2.62K sh
NAV per share: NVDY $11.22; XVNV $27.24
52W range

ETF.net Grade

—XVNVNot yet graded

Pillar letters and Scores for NVDY, XVNV, with each pillar’s weight
Pillar	NVDY	XVNV
Cost30% weight	D30	Not scored
Mission25% weight	A70	Not scored
Risk15% weight	C44	Not scored
Tradability15% weight	A82	Not scored
Holdings10% weight	Not scored	Not scored
Durability5% weight	A85	Not scored

Rank among Nvidia (NVDA) Option Income funds

How we build Categories ›

Nvidia (NVDA) Option Income⁠

Category · 7 funds

See all 7 ›

NVDY ranks 3rd of 7 funds in the Nvidia (NVDA) Option Income Category.

Rank 1BNVITYieldMax NVDA Performance & Distribution Target 25 ETFScore 68
Rank 2BANVGraniteShares Autocallable NVDA ETFScore 58
Rank 3CDIPSYieldMax Short NVDA Option Income Strategy ETFScore 54
Rank 3BNVDYYieldMax NVDA Option Income Strategy ETFScore 54
Rank 5CNYYYxETFs NVDA Daily Income ETFScore 40
XVNVNot yet graded

Our read on each fund

ETF.net Research

NVDYBYieldMax NVDA Option Income Strategy ETF

XVNV—FT Vest NVDA & Target Income 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.

XVNV No data

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.

XVNV No data

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.com yieldmaxetfs.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.

XVNV No data

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.

XVNV No data

Full NVDY profile⁠

Full XVNV profile⁠

NVDY vs XVNV Holdings

How NVDY and XVNV differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of NVDY and 0.0% of XVNV.

Level by level

Holdings0 in both0.0%
Countryby domicile100%

Sector

No Sector split for NVDY and XVNV.

Country, concentration and asset class

Country by domicile

Country weights in NVDY and XVNV, widest gap first
Country	More in NVDYMore in XVNV	NVDY	XVNV
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

NVDY107.1%
XVNV508.6%

Securities held

NVDY11
XVNV4

Asset class

NVDY: Alternatives
XVNV: Multi-Asset

Holdings

Only in NVDY11
In both0
Only in XVNV4

Only in NVDY

11 securities, 100% of NVDY by weight

United States Treasury Note/Bond 3.375% 09/15/202720.34%
United States Treasury Bill 02/18/202719.43%
United States Treasury Note/Bond 2.375% 05/15/202719.34%
United States Treasury Bill 07/08/202719.20%
United States Treasury Bill 12/10/202615.65%
Nvda Us 11/20/26 C2103.66%
First American Government Obligations Fund 12/01/20312.22%
Nvda Us 11/06/26 C2150.16%
Nvda Us 11/06/26 C2200.11%
Nvda Us 11/06/26 C217.50.10%
2NVDA Us 11/20/26 C210.01 Flx0.05%

Only in XVNV

4 securities, 100% of XVNV by weight

2027-01-21 S&P 500® Mini Index P 1,500.03330.11%
2027-01-21 S&P 500® Mini Index C 500.03126.36%
NVIDIA Corporation50.24%
2027-01-22 NVIDIA Corporation C 1,898.64<0.01%

Weight gaps

NVDY and XVNV share no securities.

All 7 NVDY holdings⁠All 8 XVNV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NVDY vs XVNV Cost

Overpaying NVDY vs XVNV

$3,934

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

NVDY 1.09%
$20,133
XVNV 0.85%
$16,199

Amount$10,000

Years30 years

Cost over time

NVDY 1.09%
XVNV 0.85%
Overpaying

Year by year

Year	NVDY	XVNV	Overpaying
10	$1,915	$1,508	$407
20	$7,166	$5,706	$1,460
30	$20,133	$16,199	$3,934

Expense ratio

1.09%NVDY
0.85%XVNV, cheaper

XVNV0.85%NVDY1.09%

0.85%1.49%

Middle half of Nvidia (NVDA) Option Income funds
Median 1.08%

XVNV cheapest of 7 funds

NVDY 5th cheapest of 7 funds

NVDY vs XVNV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): NVDY 54.69%; XVNV No data
Payout (12M): NVDY $6.13; XVNV No data
Last payment: NVDY $0.07; XVNV $0.37
Ex-dividend: NVDY Oct 29, 2026; XVNV Oct 21, 2026
Paid on: NVDY Oct 30, 2026; XVNV Oct 30, 2026
Frequency: NVDY Weekly; XVNV Monthly

Distribution history

Per share, 2026, same scale for both

NVDYWeekly · 44 paymentsAll NVDY payments⁠

XVNVMonthly · 2 paymentsAll XVNV payments⁠

NVDY vs XVNV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: NVDY 29.3%XVNV No data
Return per unit of riskSharpe ratio, 3 years: NVDY 1.44XVNV No data
Worst fallMax drawdown, 5 years: NVDY −33.7%since May 2023XVNV No data
Market sensitivityBeta, 5 years: NVDY 1.28XVNV 0.00; Market = 1

NVDY and XVNV in the news

All news⁠

New ETFs
YieldMax lists an SK hynix options ETF that does not own the shares
Oct 28, 2026NVDY
Filings Digest
Six First Trust single-stock income ETFs begin trading on Cboe
Sep 23, 2026XVNV
ETF Filings
First Trust files a 485BPOS for six FT Vest single-stock income series
Sep 14, 2026XVNV

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NVDY vs XVNV

In short

Stated mandate

Why people hold it