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YieldMax NVDA Option Income Strategy ETF(NVDY)
Top performer 
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
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- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
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Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NVDY
09/11/2026: NVDY (5-star) is a STRONG-BUY. BUY for 24 days. Simulated Profits (1.14%). Updated daily EoD!
NVDY provides a unique high-yield income strategy by selling covered calls on NVIDIA stock. It achieves this by using synthetic derivatives to mimic stock ownership and collect premiums, making it a popular choice for yield-focused investors. Its primary strengths are its high distribution potential and liquid nature. However, investors face significant risks including capped upside during bull markets, high concentration in one volatile stock, and potential NAV erosion during market downturns. It is most suitable for tactical income investors who understand the risks of single-stock derivative strategies.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The capped upside nature of the covered call strategy limits the capital appreciation potential compared to holding NVDA shares. |
| Momentum investor | Mixed fit | This is a strong fit while the signal remains positive, though the upside cap inherently limits momentum-based gains. |
| Value investor | Weak fit | NVDY's strategy does not fundamentally rely on value metrics but rather on the volatility of a high-growth asset. |
| Dividend/Income investor | Strong fit | The primary objective is to deliver high monthly income through option premiums, making it an attractive tool for income-focused portfolios. |
| Low-risk investor | Weak fit | The fund remains highly exposed to the price risk of a single, volatile stock, making it unsuitable for conservative investors. |
Investor Profile
Ideal Investor Profile
Income-seeking investors who are bullish on the long-term prospects of NVIDIA but prefer regular monthly cash distributions over pure capital growth.
Suitability
Best for income-focused investors; not recommended for those looking for long-term capital preservation or primary growth exposure.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The fund's income is tied to the high implied volatility of NVDA, which can lead to significant share price fluctuations. |
| Market risk | High | The fund is essentially a proxy for NVDA and will suffer if the stock price declines sharply. |
| Concentration | High | Performance is entirely dependent on the price movement of one single company. |
| Tracking/expense | Medium | The 0.99% expense ratio is relatively high and directly reduces the distributable income. |
| Liquidity | Medium | While the ETF is liquid, sudden changes in underlying option market liquidity could impact pricing. |
| Business/sector quality | Medium | Exposure is limited strictly to the semiconductor/AI sector. |
Risk Analysis
Volatility
NVDY exhibits extremely high volatility due to its reliance on a single, high-growth stock.
Market Risk
The primary risk is the price movement of NVIDIA; the fund does not hedge against downside price action beyond the collected premium.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Single stock | NVIDIA (NVDA) Synthetic Position | 98 | This position provides the exposure to NVIDIA's price performance necessary to execute the income-generating option strategy. |
| Cash/collateral | Cash and Cash Equivalents | 2 | Liquidity held to manage derivative collateral requirements and daily operational needs. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 101.62% | Avg. Invested days 47 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/11/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 13, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $1.38B |
| Issuer | YieldMax ETFs |
| Expense Ratio | 1.01% |
| Distribution Yield | 33.73% |
| Inception | May 10, 2023 |
Performance
| Period | Total Return |
|---|---|
| YTD | +16.17% |
| 1 Year | +23.30% |
| 3 Year | +50.74% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 20.18% |
| 3Y Volatility | 29.54% |
| 3Y Sharpe Ratio | 1.35 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Top Sectors
| Sector | Weight |
|---|---|
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
| Financial Services | 0.00% |
| Real Estate | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Holdings Turnover | 24.0% |
Top Holdings
| Holding | Weight |
|---|---|
| First American Funds. - Government Obligations Fund | 4.82% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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