NVDL vs XYLD
GraniteShares 2x Long NVDA Daily ETF vs Global X S&P 500 Covered Call ETF
Which is better, NVDL or XYLD?
NVDL has been ahead.
XYLD has a lower expense ratio. NVDL led over 1Y, 3Y 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 | NVDL | XYLD |
|---|---|---|
| Expense Ratio | 1.05% | 0.60%Best |
| AUM | $3.5B | $3.4B |
| Dividend Yield | 0.00% | 10.44% |
| Holdings | 4 | 1,014 |
| YTD Return | +14.36%Best | +11.42% |
| 1Y Return | +19.21%Best | +18.43% |
| 3Y Return (annualized) | +95.77%Best | +13.38% |
| 5Y Return (annualized) | - | +7.59% |
| Volatility (annualized) | 78.1% | 6.3%Best |
| Max Drawdown | -67.5% | -16.1%Best |
| $10,000 over 3.8 years | $255,002Best | $15,561 |
| Fund Family | GraniteShares | Global X by mirae Asset |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 13, 2022 | Jun 21, 2013 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 13, 2022 to Oct 14, 2026 (3.8 years).
NVDL vs XYLD 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
NVDL vs XYLD Performance
GraniteShares 2x Long NVDA Daily ETF (NVDL) is an ETF from GraniteShares and Global X S&P 500 Covered Call ETF (XYLD) is an ETF from Global X by mirae Asset. Over the past year NVDL returned +19.21% while XYLD returned +18.43%. Year to date, NVDL is up 14.36% versus a gain of 11.42% for XYLD.
Over three years, NVDL compounded at +95.77% per year against +13.38% for XYLD. Across the full 4-year window we track, NVDL has the edge at +134.50% annualized vs +12.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDL has been the more volatile fund, with annualized monthly volatility of 78.1% compared with 6.3% for XYLD. 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 -67.5% for NVDL and -16.1% for XYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDL charges 1.05% per year while XYLD charges 0.60%. On a $10,000 position that is $105 vs $60 annually, a gap of $45 per year that compounds over a long holding period. On income, NVDL currently yields 0.00% against 10.44% for XYLD.
You are not choosing between two funds in isolation.
Whichever of NVDL and XYLD 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, NVDL or XYLD?
NVDL has an expense ratio of 1.05% while XYLD charges 0.60%. XYLD is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, NVDL or XYLD?
Over the past year NVDL returned +19.21% vs +18.43% for XYLD, so NVDL leads on 1-year performance. Over the longest common window we track (4 years), NVDL annualized +134.50% vs +12.34% for XYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDL or XYLD?
NVDL has been the more volatile fund at 78.1% annualized versus 6.3% for XYLD. Worst drawdown: NVDL -67.5% vs XYLD -16.1%.
Should I hold both NVDL and XYLD?
NVDL and XYLD have a monthly-return correlation of 0.40, 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, NVDL or XYLD?
NVDL yields 0.00% while XYLD yields 10.44%, so XYLD currently pays the higher dividend yield.
Is XYLD better than NVDL?
XYLD has a lower expense ratio. NVDL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.