ETF Comparison
CONY vs NVDY: Which Is the Better Pick in 2026?
A head-to-head comparison of YieldMax COIN Option Income Strategy ETF and YieldMax NVDA Option Income Strategy ETF covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| CONY | NVDY | |
|---|---|---|
| Full name | YieldMax COIN Option Income Strategy ETF | YieldMax NVDA Option Income Strategy ETF |
| Issuer | YieldMax | YieldMax |
| Price | $25.79 | $12.96 |
| Distribution yield | 212.11% | 73.23% |
| Expense ratio | 1.04% | 1.09% |
| AUM | $398M | $1.3B |
| Distribution frequency | Weekly | Weekly |
| Underlying index | Coinbase (COIN) | NVIDIA (NVDA) |
| Objective | Covered Call | Covered Call |
| Asset class | Equity | Equity |
| Inception date | 05/09/2023 | 05/09/2023 |
| Beta | 0.0 | 0.0 |
| Last dividend | $0.38 | $0.11 |
| Ex-dividend date | 04/02/2026 | 04/02/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
CONY (YieldMax COIN Option Income Strategy ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both popular weekly-pay covered call ETFs, but they take different approaches.
CONY offers the higher yield at 212.11% vs 73.23% for NVDY. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
CONY is cheaper with an expense ratio of 1.04% compared to 1.09%.
They track different benchmarks: CONY is linked to Coinbase (COIN) while NVDY tracks NVIDIA (NVDA), which means their performance drivers differ.
NVDY is the larger fund by assets ($1.3B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, CONY would generate roughly $1,767.58/month while NVDY would produce $610.25/month at current distribution rates. Both pay weekly distributions.
Cost & efficiency
Over 10 years on $10,000, CONY would cost approximately $1,040 in fees vs $1,090 for NVDY (simplified, not compounded). The $50.00 difference may be offset by yield or performance.
Strategy & risk
CONY tracks Coinbase (COIN) with a covered call approach, while NVDY tracks NVIDIA (NVDA) using a covered call strategy. Beta is 0.0 for CONY and 0.0 for NVDY, indicating NVDY is less volatile relative to the market.
Fund details
CONY is managed by YieldMax (launched 05/09/2023) with $398M in assets. NVDY is managed by YieldMax (launched 05/09/2023) with $1.3B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is CONY or NVDY better for dividend income?
It depends on your goals. CONY currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between CONY and NVDY?
CONY (YieldMax COIN Option Income Strategy ETF) tracks Coinbase (COIN) with a covered call strategy, while NVDY (YieldMax NVDA Option Income Strategy ETF) tracks NVIDIA (NVDA) with a covered call approach. They are issued by YieldMax and YieldMax respectively.
Can I hold both CONY and NVDY?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, CONY or NVDY?
CONY has an expense ratio of 1.04% while NVDY charges 1.09%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in CONY vs NVDY generate?
At current yields, $10,000 in CONY would generate roughly $1,767.58 per month ($21,211.00 annually). The same in NVDY would produce about $610.25 per month ($7,323.00 annually).
More comparisons to explore
People also compare CONY with
People also compare NVDY with
Popular comparisons
Go deeper
Use the full ETF Comparator to add more funds, view radar charts, and generate AI reports.