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YieldMax NVDA Option Income Strategy ETF(NVDY)
Top performer 
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NVDY
09/28/2026: NVDY (5-star) is a STRONG-BUY. BUY for 35 days. Simulated Profits (5.90%). Updated daily EoD!
NVDY is an actively managed ETF that uses synthetic covered call strategies on NVIDIA to generate high monthly income. Its primary strength lies in its ability to offer high-yield exposure to a high-growth tech leader through a convenient ETF wrapper. It is best suited for income-oriented investors comfortable with high volatility and limited upside potential. Key risks include significant exposure to a single stock, NAV erosion during market downturns, and a relatively high expense ratio. Investors should monitor both NVIDIA's share price performance and the volatility levels that drive the fund's income payouts.
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 cap on upside potential inherent in a covered call strategy makes this unsuitable for pure growth investors. |
| Momentum investor | Mixed fit | Strong fit while the signal remains positive, though the upside cap limits the full capture of momentum gains. |
| Value investor | Weak fit | NVDY does not offer the fundamental value exposure sought by traditional value investors. |
| Dividend/Income investor | Strong fit | The fund is specifically designed to provide high monthly distributions for income-seeking portfolios. |
| Low-risk investor | Weak fit | The extreme volatility of the underlying NVDA stock makes this unsuitable for conservative or low-risk portfolios. |
Investor Profile
Ideal Investor Profile
Income-focused investors who accept high volatility and capped upside in exchange for the potential for significant monthly income.
Suitability
Best for experienced investors who understand the risks of options-based strategies and are looking to supplement their income, not for long-term buy-and-hold capital appreciation seekers.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The underlying asset, NVDA, is highly volatile, which directly impacts the fund's net asset value. |
| Market risk | High | The fund is heavily exposed to the price direction of a single security, increasing systematic risk. |
| Concentration | High | 100% of the underlying equity exposure is tied to NVIDIA, creating significant single-stock risk. |
| Tracking/expense | Medium | The high expense ratio of 0.99% acts as a drag on total returns compared to holding the underlying stock. |
| Liquidity | Low | High trading volume generally supports easy entry and exit for most retail positions. |
| Business/sector quality | Medium | Exposure to the semiconductor sector exposes investors to cyclical industry downturns. |
Risk Analysis
Volatility
NVDY exhibits very high historical volatility, as its price is directly linked to the high-beta profile of NVIDIA.
Market Risk
Market risk is concentrated entirely in NVIDIA; there is no diversification to mitigate an industry-specific or company-specific drawdown.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | Synthetic Long Position on NVIDIA (NVDA) | 90 | This position provides the economic equivalent of owning NVDA shares, which allows the fund to write covered calls. |
| Cash/collateral | Cash and Cash Equivalents | 10 | This cash serves as collateral for the options strategy and helps manage fund liquidity. |
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 114.89% | Avg. Invested days 48 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/28/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 28, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $1.40B |
| Issuer | YieldMax ETFs |
| Expense Ratio | 1.01% |
| Distribution Yield | 29.93% |
| Inception | May 10, 2023 |
Performance
| Period | Total Return |
|---|---|
| YTD | +20.03% |
| 1 Year | +26.62% |
| 3 Year | +55.61% |
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 | 2.22% |
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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