NVYY vs SPY
GraniteShares YieldBoost NVDA ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | NVYY | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.15% | 0.09% | |
| AUM | $34M | $821.1B | |
| Dividend Yield | 137.51% | 1.01% | |
| Holdings | 6 | 505 | |
| YTD Return | -0.53% | +12.68% | |
| 1Y Return | +4.73% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 27.5% | 15.3% | |
| Max Drawdown | -14.9% | -56.5% | |
| Fund Family | GraniteShares | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | May 12, 2025 | Jan 22, 1993 |
NVYY vs SPY Performance
GraniteShares YieldBoost NVDA ETF (NVYY) is a ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year NVYY returned +4.73% while SPY returned +21.82%. Year to date, NVYY is down 0.53% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
NVYY has been the more volatile fund, with annualized monthly volatility of 27.5% compared with 15.3% for SPY. 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 -14.9% for NVYY and -56.5% for SPY. 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVYY charges 1.15% per year while SPY charges 0.09%. On a $10,000 position that is $115 vs $9 annually, a gap of $106 per year that compounds over a long holding period. On income, NVYY currently yields 137.51% against 1.01% for SPY.
Frequently Asked Questions
Which is cheaper, NVYY or SPY?
NVYY has an expense ratio of 1.15% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $106 per year of difference.
Which performed better, NVYY or SPY?
Over the past year NVYY returned +4.73% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), NVYY annualized +36.21% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, NVYY or SPY?
NVYY has been the more volatile fund at 27.5% annualized versus 15.3% for SPY. Worst drawdown: NVYY -14.9% vs SPY -56.5%.
Should I hold both NVYY and SPY?
NVYY and SPY have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, NVYY or SPY?
NVYY yields 137.51% while SPY yields 1.01%, so NVYY currently pays the higher dividend yield.
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