GIAX vs NVDY
Nicholas Global Equity and Income ETF vs YieldMax NVDA Option Income Strategy ETF
Which is better, GIAX or NVDY?
NVDY has been ahead.
GIAX has a lower expense ratio. NVDY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GIAX | NVDY |
|---|---|---|
| Expense Ratio | 1.03%Best | 1.09% |
| AUM | $115M | $1.4B |
| Dividend Yield | 24.34% | 54.70% |
| Holdings | 87 | 32 |
| YTD Return | +12.20% | +15.76%Best |
| 1Y Return | +12.86% | +23.13%Best |
| 3Y Return (annualized) | - | +49.62% |
| Volatility (annualized) | 20.7%Best | 26.9% |
| Max Drawdown | -20.4%Best | -33.9% |
| $10,000 over 2.2 years | $13,082 | $18,724Best |
| Fund Family | XFunds | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 29, 2024 | May 10, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 30, 2024 to Oct 14, 2026 (2.2 years).
GIAX vs NVDY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
GIAX vs NVDY Performance
Nicholas Global Equity and Income ETF (GIAX) is an ETF from XFunds and YieldMax NVDA Option Income Strategy ETF (NVDY) is an ETF from YieldMax ETF. Over the past year GIAX returned +12.86% while NVDY returned +23.13%. Year to date, GIAX is up 12.20% versus a gain of 15.76% for NVDY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDY has been the more volatile fund, with annualized monthly volatility of 26.9% compared with 20.7% for GIAX. 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 -20.4% for GIAX and -33.9% for NVDY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GIAX charges 1.03% per year while NVDY charges 1.09%. On a $10,000 position that is $103 vs $109 annually, a gap of $6 per year that compounds over a long holding period. On income, GIAX currently yields 24.34% against 54.70% for NVDY.
Holdings Overlap
At least 0.1% of GIAX's money is in holdings NVDY also owns.
Stated as a floor: for NVDY, our book for it covers 20.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 27 positions we hold weights for in GIAX and 2 in NVDY, against full books of 87 and 32.
Top Shared Holdings
| Stock | Weight in GIAX | Weight in NVDY | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 0.08% | 2.76% | 2.68% |
You are not choosing between two funds in isolation.
Whichever of GIAX and NVDY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GIAX or NVDY?
GIAX has an expense ratio of 1.03% while NVDY charges 1.09%. GIAX is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, GIAX or NVDY?
Over the past year GIAX returned +12.86% vs +23.13% for NVDY, so NVDY leads on 1-year performance. Over the longest common window we track (2 years), GIAX annualized +12.99% vs +32.99% for NVDY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GIAX or NVDY?
NVDY has been the more volatile fund at 26.9% annualized versus 20.7% for GIAX. Worst drawdown: GIAX -20.4% vs NVDY -33.9%.
Should I hold both GIAX and NVDY?
GIAX and NVDY have a monthly-return correlation of 0.43, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GIAX or NVDY?
GIAX yields 24.34% while NVDY yields 54.70%, so NVDY currently pays the higher dividend yield.
Is NVDY better than GIAX?
GIAX has a lower expense ratio. NVDY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.