NVDY vs VYM
YieldMax NVDA Option Income Strategy 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 | NVDY | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.27% | 0.04% | |
| AUM | $1.5B | $81.6B | |
| Dividend Yield | 63.49% | 2.24% | |
| Holdings | 14 | 616 | |
| YTD Return | +15.93% | +16.42% | |
| 1Y Return | +22.52% | +24.22% | |
| 3Y Return (annualized) | +54.85% | +19.03% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 29.5% | 14.6% | |
| Max Drawdown | -33.9% | -58.8% | |
| Fund Family | YieldMax ETF | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | May 10, 2023 | Nov 10, 2006 |
NVDY vs VYM Performance
YieldMax NVDA Option Income Strategy ETF (NVDY) is a ETF from YieldMax ETF and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year NVDY returned +22.52% while VYM returned +24.22%. Year to date, NVDY is up 15.93% versus a gain of 16.42% for VYM.
Over three years, NVDY compounded at +54.85% per year against +19.03% for VYM. Across the full 3-year window we track, NVDY has the edge at +59.18% annualized vs +7.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDY has been the more volatile fund, with annualized monthly volatility of 29.5% 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 -33.9% for NVDY 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVDY charges 1.27% per year while VYM charges 0.04%. On a $10,000 position that is $127 vs $4 annually, a gap of $123 per year that compounds over a long holding period. On income, NVDY currently yields 63.49% against 2.24% for VYM.
Holdings Overlap
NVDY and VYM share 0 holdings out of 606 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, NVDY or VYM?
NVDY has an expense ratio of 1.27% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $123 per year of difference.
Which performed better, NVDY or VYM?
Over the past year NVDY returned +22.52% vs +24.22% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), NVDY annualized +59.18% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, NVDY or VYM?
NVDY has been the more volatile fund at 29.5% annualized versus 14.6% for VYM. Worst drawdown: NVDY -33.9% vs VYM -58.8%.
Should I hold both NVDY and VYM?
NVDY and VYM have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVDY and VYM?
NVDY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 606 unique securities.
Which pays a higher dividend, NVDY or VYM?
NVDY yields 63.49% while VYM yields 2.24%, so NVDY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.