NVDY vs. XSD - ETF Comparison
NVDY - YieldMax NVDA Option Income Strategy ETF
The YieldMax NVDA Option Income Strategy ETF is an actively managed equity fund that focuses on the U.S. semiconductor sector, aiming to generate income through a buy-write strategy. The fund invests in a concentrated portfolio of 8 holdings, with a focus on NVIDIA Corporation.
XSD - SPDR S&P Semiconductor ETF
The SPDR S&P Semiconductor ETF (XSD) tracks the S&P Semiconductor Select Industry Index, providing exposure to US-based companies that produce semiconductors, a crucial component in modern computing devices. The fund offers concentrated exposure to America's semiconductor industry, with a focus on medium and small-cap stocks, presenting strong growth opportunities. With a diversified portfolio of around 40 holdings, the fund provides a unique tilt to the semiconductor industry without duplicating exposure to other tech sector products.
| NVDY | XSD | |
|---|---|---|
| Fund Name | YieldMax NVDA Option Income Strategy ETF | SPDR S&P Semiconductor ETF |
| Fund Provider | Tidal Investments LLC | State Street |
| Index | Active (No Index) | S&P Semiconductor Select Industry |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 1.01% | 0.35% |
| Inception Date | 2023-05-10 | 2006-01-31 |
| Number Of Holdings | 8 | 40 |
| Currency | USD | USD |
| Region | United States | United States |
| Investment Style | Income | Growth |
| Market Cap | Large-Cap | Blend |
| Sector | Technology | Technology |
| Sector Detail | Semiconductors | Semiconductors |
| Leveraged | Non-leveraged | Non-leveraged |
Select Timeframe
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.