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ETF Comparison

MSTY vs NVDY: Which Is the Better Pick in 2026?

A head-to-head comparison of YieldMax MSTR 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

MSTYNVDY
Full nameYieldMax MSTR Option Income Strategy ETFYieldMax NVDA Option Income Strategy ETF
IssuerYieldMaxYieldMax
Price$20.69$12.96
Distribution yield299.60%73.23%
Expense ratio1.03%1.09%
AUM$1.0B$1.3B
Distribution frequencyWeeklyWeekly
Underlying indexStrategy (MSTR)NVIDIA (NVDA)
ObjectiveCovered CallCovered Call
Asset classEquityEquity
Inception date07/18/202305/09/2023
Beta0.00.0
Last dividend$0.31$0.11
Ex-dividend date04/02/202604/02/2026

Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

MSTY (YieldMax MSTR 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.

MSTY offers the higher yield at 299.60% vs 73.23% for NVDY. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

MSTY is cheaper with an expense ratio of 1.03% compared to 1.09%.

They track different benchmarks: MSTY is linked to Strategy (MSTR) 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, MSTY would generate roughly $2,496.67/month while NVDY would produce $610.25/month at current distribution rates. Both pay weekly distributions.

MSTY yield299.60%
NVDY yield73.23%
Monthly diff on $10K$1,886.42

Cost & efficiency

Over 10 years on $10,000, MSTY would cost approximately $1,030 in fees vs $1,090 for NVDY (simplified, not compounded). The $60.00 difference may be offset by yield or performance.

MSTY ER1.03%
NVDY ER1.09%

Strategy & risk

MSTY tracks Strategy (MSTR) with a covered call approach, while NVDY tracks NVIDIA (NVDA) using a covered call strategy. Beta is 0.0 for MSTY and 0.0 for NVDY, indicating NVDY is less volatile relative to the market.

MSTY beta0.0
NVDY beta0.0

Fund details

MSTY is managed by YieldMax (launched 07/18/2023) with $1.0B in assets. NVDY is managed by YieldMax (launched 05/09/2023) with $1.3B in assets.

MSTY AUM$1.0B
NVDY AUM$1.3B

Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

Frequently asked questions

Is MSTY or NVDY better for dividend income?

It depends on your goals. MSTY 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 MSTY and NVDY?

MSTY (YieldMax MSTR Option Income Strategy ETF) tracks Strategy (MSTR) 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 MSTY 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, MSTY or NVDY?

MSTY has an expense ratio of 1.03% 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 MSTY vs NVDY generate?

At current yields, $10,000 in MSTY would generate roughly $2,496.67 per month ($29,960.00 annually). The same in NVDY would produce about $610.25 per month ($7,323.00 annually).

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