NVIT vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricNVITSPYWinner
Expense Ratio1.08%0.09%
AUM$11M$789.1B
Dividend Yield15.30%1.01%
Holdings11505
YTD Return+10.44%+13.79%
1Y Return-+23.66%
3Y Return (annualized)-+21.40%
5Y Return (annualized)-+13.37%
Volatility (annualized)-15.3%
Max Drawdown-18.3%-56.5%
Fund FamilyYieldMax ETFState Street Investment Management
CategoryAlternativeEquity
InceptionNov 17, 2025Jan 22, 1993

NVIT vs SPY Performance

YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) is a ETF from YieldMax ETF and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, NVIT is up 10.44% versus a gain of 13.79% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -18.3% for NVIT and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

NVIT charges 1.08% per year while SPY charges 0.09%. On a $10,000 position that is $108 vs $9 annually, a gap of $99 per year that compounds over a long holding period. On income, NVIT currently yields 15.30% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

NVIT and SPY share 0 holdings out of 506 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, NVIT or SPY?

NVIT has an expense ratio of 1.08% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $99 per year of difference.

What is the holdings overlap between NVIT and SPY?

NVIT and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, NVIT or SPY?

NVIT yields 15.30% while SPY yields 1.01%, so NVIT currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.