NVDY
High risk
High confidence
ETF Comparison
NVDY vs PLTY: Which Is the Better Pick in 2026?
A head-to-head comparison of YieldMax NVDA Option Income Strategy ETF and YieldMax PLTR Option Income Strategy ETF covering yield, cost, risk, and income potential.
Updated November 6, 2026
How these figures are calculated: methodology.
Best for
- NVDYInvestors who are comfortable trading away most upside for a large, steady payout.
- PLTYInvestors who want to maximize current income — roughly 39.34%, generated by selling options premium.
Price and total return
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Distribution Safety Score
An estimate of distribution reliability, not price or principal safety, a probability, or a guarantee. Score methodology.
PLTY
High risk
High confidence
Score snapshot as of . Method 1.11.
Side-by-side snapshot
| Metric |  NVDY | PLTY |
|---|---|---|
| Full name | YieldMax NVDA Option Income Strategy ETF | YieldMax PLTR Option Income Strategy ETF |
| Issuer | YieldMax | YieldMax |
| Underlying index | NVIDIA (NVDA) | Palantir (PLTR) |
| Last Close | $10.22 as of November 6, 2026 | $29.65 as of November 6, 2026 |
| Distribution rate | 34.04% | 39.34% |
| Trailing 12-month yield | 60.59% | 83.99% |
| 30-day SEC yield | 2.93% | 2.60% |
| Distribution Safety Score™ | 15 | 17 |
| Safety-Adjusted Yield | 5.11% | 6.69% |
| Expense ratio | 1.09% | 1.07% |
| AUM | $1.27B | $339M |
| Distribution frequency | Weekly | Weekly |
| Objective | YieldMax NVDA Option Income Strategy ETF seeks current income while providing indirect exposure to the share price returns of NVIDIA Corporation common stock, subject to a limit on potential investment gains. The fund does not invest directly in NVIDIA Corporation; it uses a synthetic covered call strategy built from standardized exchange-traded options. | Seeks current income and indirect exposure to the share price of Palantir Technologies Inc. (PLTR), investing at least 80% of net assets in securities and financial instruments providing that exposure. |
| Asset class | Equity | Equity |
| Inception date | 05/09/2023 | 10/07/2024 |
| Beta | 1.3 | 1.802 |
| Last dividend | $0.0669 payable 11/06/2026 | $0.2243 payable 11/06/2026 |
| Ex-dividend date | 11/05/2026 | 11/05/2026 |
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
NVDY has outpaced PLTY over the trailing twelve months, posting a -4.05% total return against -15.21%. Measured from Oct 2024 — the start of shared available history — PLTY has compounded at 53.27% a year versus 12.94% for NVDY. NVDY has been the steadier holding, though — annualized volatility of 31.8% against 51.5% for PLTY. Figures are total returns: price change plus every distribution reinvested.
| Symbol | YTD cumulative | 1Y cumulative | Since Oct 2024 | Volatility | Sharpe | Sortino | Max drawdown |
|---|---|---|---|---|---|---|---|
| NVDY | -2.57% | -4.05% | 12.94% | 31.8% | -0.26 | -0.34 | -22.2% |
| PLTY | -9.17% | -15.21% | 53.27% | 51.5% | -0.40 | -0.59 | -38.0% |
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of November 5, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Oct 2024” measures every fund from October 8, 2024 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate, SEC yield and return of capital
| Metric | NVDY | PLTY |
|---|---|---|
| Forward distribution rate | 34.04% | 39.34% |
| Trailing 12-month yield | 60.59% | 83.99% |
| 30-day SEC yield | 2.93% | 2.60% |
| Return of capital | 0.00% | 94.46% |
Total return (price change plus reinvested distributions) is the Total returns section above. Return of capital is the share of a recent distribution that was not income. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
Total return against the stated underlying is on NVDY vs NVDA, PLTY vs PLTR.
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Bottom lineChoose NVDY if you are comfortable trading away most upside for a large, steady payout. Choose PLTY if you want to maximize current income — roughly 39.34%, generated by selling options premium. NVDY and PLTY both use option or derivative overlays. Their tradeoff is the underlying exposure, how each option strategy is implemented, and the yield each targets; either overlay can limit upside participation, so neither offers uncapped price exposure.
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
- Capped upside and premium dependence. NVDY and PLTY generate income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
Learn the mechanics: Return of capital, explained · NAV erosion, explained
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
ETFs63
Total AUM$9.06B
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
YieldMax is known for specializing in options-based and income-focused ETFs that emphasize yield generation through covered call strategies and other income-producing methodologies. Notable offerings span popular underlying assets like major technology stocks and broad market indices, with a particular emphasis on providing enhanced income solutions for investors seeking regular cash flows through options strategies and other tactical approaches.
See our curated list of related YouTube videos on NVDY and PLTY.
Quick verdict
NVDY (YieldMax NVDA Option Income Strategy ETF) and PLTY (YieldMax PLTR Option Income Strategy ETF) are both weekly-pay dividend ETFs, but they take different approaches.
PLTY offers the higher yield at 39.34% vs 34.04% for NVDY. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
PLTY is cheaper with an expense ratio of 1.07% compared to 1.09%.
They have different reference exposures: NVDY is linked to NVIDIA (NVDA) while PLTY is linked to Palantir (PLTR), which means their performance drivers differ.
NVDY is the larger fund by assets ($1.27B), but assets alone do not establish trading costs or liquidity.
Who should choose each?
Choose NVDY
YieldMax NVDA Option Income Strategy ETF
- Are comfortable with an options-income strategy — a large payout in exchange for capped upside.
- Prefer lower market sensitivity — a beta of 1.30 vs 1.80 for PLTY.
Choose PLTY
YieldMax PLTR Option Income Strategy ETF
- Want to maximize current income — PLTY distributes roughly 39.34% from selling options premium, vs 34.04% for NVDY.
- Are comfortable with an options-income strategy — a large payout in exchange for capped upside.
- Want to keep costs low — a 1.07% expense ratio vs 1.09% for NVDY.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
Deep dive
Yield & income
On a $10,000 investment at current distribution rates, NVDY would pay about $3,404.00 a year (about $65.46 per weekly distribution), while PLTY would pay about $3,934.00 a year (about $75.65 per weekly distribution). Both pay weekly distributions.
NVDY yield34.04%
PLTY yield39.34%
Annual cash diff on $10K$530.00
Cost & efficiency
Over 10 years on $10,000, NVDY would cost approximately $1,090 in fees vs $1,070 for PLTY (simplified, not compounded). The $20.00 difference may be offset by yield or performance.
NVDY ER1.09%
PLTY ER1.07%
Strategy & risk
NVDY tracks NVIDIA (NVDA) with a covered call approach, while PLTY tracks Palantir (PLTR) with a covered call approach. Beta is 1.3 for NVDY and 1.802 for PLTY, making NVDY the less sensitive to market moves of the two by this measure.
NVDY beta1.3
PLTY beta1.802
Fund details
NVDY is managed by YieldMax (launched 05/09/2023) with $1.27B in assets. PLTY is managed by YieldMax (launched 10/07/2024) with $339M in assets.
NVDY AUM$1.27B
PLTY AUM$339M
Frequently asked questions
What is the current distribution rate for NVDY and PLTY?
NVDY currently distributes 34.04% and PLTY 39.34%, based on fund data updated November 2026. Distribution rate moves with both the payout and the share price, so check the as-of date before relying on either figure.
Is NVDY or PLTY better for dividend income?
It depends on your goals. PLTY 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 NVDY and PLTY?
NVDY (YieldMax NVDA Option Income Strategy ETF) tracks NVIDIA (NVDA) with a covered call approach, while PLTY (YieldMax PLTR Option Income Strategy ETF) tracks Palantir (PLTR) with a covered call approach. They are issued by YieldMax and YieldMax respectively.
Can I hold both NVDY and PLTY?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Is NVDY or PLTY safer?
By Dividend Vision's Distribution Safety Score — a rules-based 0–100 estimate of how resilient a distribution looks, where higher is safer — they are effectively tied: PLTY scores 17, NVDY scores 15. Neither has a clear safety edge on that measure. NVDY has also been less sensitive to market moves (beta 1.30 vs 1.80 for PLTY). No score makes an investment risk-free — treat this as a screening signal, not a guarantee, and the leverage, options-income, or crypto caveats flagged on this page apply regardless of score.
Which has lower fees, NVDY or PLTY?
NVDY has an expense ratio of 1.09% while PLTY charges 1.07%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in NVDY vs PLTY generate?
At current distribution rates, $10,000 in NVDY would pay about $3,404.00 a year (about $65.46 per weekly distribution). $10,000 in PLTY would pay about $3,934.00 a year (about $75.65 per weekly distribution).
Which has performed better historically, NVDY or PLTY?
NVDY has outpaced PLTY over the trailing twelve months, posting a -4.05% total return against -15.21%. Measured from Oct 2024 — the start of shared available history — PLTY has compounded at 53.27% a year versus 12.94% for NVDY. NVDY has been the steadier holding, though — annualized volatility of 31.8% against 51.5% for PLTY. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
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Dividend dates and history
NVDY vs PLTY — at a glance
Generated October 31, 2026.
Figures quoted in this analysis are from its generation date and may lag the live snapshot table above, which always shows the latest data.
Overview
NVDY and PLTY are both YieldMax ETFs that use synthetic covered call strategies to generate weekly income from single stocks—NVIDIA and Palantir, respectively. They differ fundamentally in their underlying exposures (mature semiconductor giant versus software/data-analytics player), their fund sizes and track records, and most visibly in their distribution rates, where PLTY's 39.34% yield nearly doubles NVDY's 34.04%.
How they differ
The biggest structural difference is the underlying asset: NVDY targets NVIDIA's more established, lower-volatility profile, while PLTY targets Palantir's higher-beta business. PLTY shows a 1.802 beta versus NVDY's 1.3, reflecting Palantir's greater sensitivity to broad market swings. On income, PLTY's 39.34% distribution rate substantially exceeds NVDY's 34.04%—a gap that may reflect higher implied volatility in PLTR options or a more aggressive call-strike selection. NVDY is larger ($1.27B in assets) and has operated since 05/09/2023, giving it a longer operating history than PLTY ($339M in assets, launched 10/07/2024). Expense ratios are nearly identical at 1.09% and 1.07%, respectively.
Who each is best for
- NVDY: Fits investors seeking high current income from a large-cap, less volatile technology position, with less tolerance for sharp drawdowns and preference for a fund with an established operational track record.
- PLTY: Designed for investors comfortable with higher equity volatility in exchange for more aggressive income generation, who view Palantir's data-software thesis as a core conviction and can stomach wider NAV swings.
Key risks to know
- NAV erosion at extreme yields: PLTY's 39.34% distribution rate, if not supported by underlying capital gains or option premiums in perpetuity, implies potential ongoing NAV decline. NVDY's 34.04% yield carries similar but less acute erosion risk.
- Upside cap from call sales: Both funds limit gains if the underlying stock rallies sharply. The synthetic call overlay means shareholders participate in a capped range of stock appreciation rather than full equity upside.
- Underlying volatility and market structure: PLTR exhibits higher beta (1.802) than NVDA (1.3), making PLTY's option premium generation more dependent on continued elevated implied volatility. A sustained drop in PLTR's options vol could compress PLTY's income generation.
- Single-stock concentration: Each fund depends entirely on one company's business performance and stock price behavior, without portfolio diversification.
- Shorter operating history for PLTY: PLTY launched 10/07/2024, limiting the data available to evaluate its performance through a full market cycle or volatility regime.
Bottom line
If you seek high income from a lower-volatility semiconductor holding with a longer track record, NVDY's 34.04% yield and 1.3 beta profile may fit. If you're willing to accept PLTR's higher volatility (1.802 beta) and newer fund status for substantially higher income (39.34%), PLTY could appeal. Both carry significant NAV-erosion risk at their current yields; neither is suitable for investors requiring capital preservation. Past performance does not predict future results.
AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.
Learn the method
The metrics behind this comparison, explained in the Academy.
These comparisons follow the Dividend Vision methodology.