NVDL vs VYM
GraniteShares 2x Long NVDA Daily ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | NVDL | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.05% | 0.04% | |
| AUM | $4.1B | $81.6B | |
| Dividend Yield | 0.00% | 2.24% | |
| Holdings | 2 | 616 | |
| YTD Return | +10.93% | +15.34% | |
| 1Y Return | +18.58% | +23.24% | |
| 3Y Return (annualized) | +93.27% | +19.22% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 79.3% | 14.6% | |
| Max Drawdown | -67.5% | -58.8% | |
| Fund Family | GraniteShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 13, 2022 | Nov 10, 2006 |
NVDL vs VYM Performance
GraniteShares 2x Long NVDA Daily ETF (NVDL) is a ETF from GraniteShares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year NVDL returned +18.58% while VYM returned +23.24%. Year to date, NVDL is up 10.93% versus a gain of 15.34% for VYM.
Over three years, NVDL compounded at +93.27% per year against +19.22% for VYM. Across the full 4-year window we track, NVDL has the edge at +140.65% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDL has been the more volatile fund, with annualized monthly volatility of 79.3% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -67.5% for NVDL and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVDL charges 1.05% per year while VYM charges 0.04%. On a $10,000 position that is $105 vs $4 annually, a gap of $101 per year that compounds over a long holding period. On income, NVDL currently yields 0.00% against 2.24% for VYM.
Holdings Overlap
NVDL and VYM share 0 holdings out of 604 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NVDL or VYM?
NVDL has an expense ratio of 1.05% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $101 per year of difference.
Which performed better, NVDL or VYM?
Over the past year NVDL returned +18.58% vs +23.24% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), NVDL annualized +140.65% vs +7.04% for VYM. Past performance does not guarantee future results.
Which is riskier, NVDL or VYM?
NVDL has been the more volatile fund at 79.3% annualized versus 14.6% for VYM. Worst drawdown: NVDL -67.5% vs VYM -58.8%.
Should I hold both NVDL and VYM?
NVDL and VYM have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVDL and VYM?
NVDL and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, NVDL or VYM?
NVDL yields 0.00% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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