Dividend comparison

CONY vs NVDY: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for YieldMax COIN Option Income Strategy ETF and YieldMax NVDA Option Income Strategy ETF, side by side. Updated October 21, 2026.

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CONY vs NVDY: key differences
The short answer, from the latest data on this page.
  • Fees. CONY is cheaper at 1.04% a year versus 1.09% for NVDY. On $10,000 that is $5 a year less in fees.
  • Income. CONY pays more income, yielding 120.75% over the last twelve months versus 53.28% for NVDY. That is about $6,747 more a year on $10,000. CONY pays monthly, NVDY pays weekly.
  • Performance. Over the last 3 years, NVDY returned 137.6% versus 13.6% for CONY, with dividends reinvested. $10,000 would have grown to $23,755 in NVDY and $11,356 in CONY.
  • Risk. CONY has been the bumpier ride. Its worst peak-to-trough decline over the last 3 years was -68.8%, against -34.1% for NVDY.
  • Diversification. NVDY holds 7 positions and CONY holds 6.
  • Size. NVDY is the larger fund with $1.3 billion in assets, against $355 million for CONY.

Bottom line: CONY fits better if you care most about lower fees and more income today. NVDY fits better if you care most about stronger 3-year returns and smaller drawdowns.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricCONY
YieldMax COIN Option Income Strategy ETF
NVDY
YieldMax NVDA Option Income Strategy ETF
Dividend yield (TTM)120.75%53.28%
Dividend / share (TTM)$21.94$6.30
Payout frequencyMonthlyWeekly
Last dividend$0.2148 on Oct 16, 2026$0.0797 on Oct 16, 2026
Ex-dividend dateOct 15, 2026Oct 15, 2026
Price$18.17$11.83
Dividend growth streak—1 year
Beta1.931.28
Max drawdown (5Y)-68.8%-34.1%
Market cap$362.4M$1.32B
ExchangeAMEXAMEX
Expense ratio1.04%1.09%
Assets under management$354.7M$1.34B
Number of holdings67
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

CONY

$1006.26/mo

$12075 /yr at 120.75% yield

NVDY

$443.98/mo

$5328 /yr at 53.28% yield

Dividend history
Total dividends paid per share in each calendar year. CONY pays monthly; NVDY pays weekly.
YearCONYNVDY
2025$75.5777$12.1415
2024$202.9790$19.5329
Strategy: Single-stock option income
Funds that hold synthetic exposure to one stock, or a basket of them, and sell call options against it every week or month to pay very large distributions. The payout comes from option premium, which is high because the underlying stocks are volatile. When the stock rallies hard, the fund keeps only a slice of the gain; when it falls, the fund takes most of the loss.

Distributions can include return of capital and the share price tends to erode over time, so the headline yield overstates what the investor actually keeps.

What CONY vs NVDY actually do

CONY
A YieldMax fund that sells options tied to Coinbase Global stock for weekly income, without holding the shares.

Exposure is synthetic: the fund buys calls and sells puts at matching strikes to replicate roughly 100% of the stock's price movement, then writes calls or call spreads on top to collect premium. Coinbase's earnings move with crypto trading volume, so both the stock and the option premium swing hard with the crypto cycle, and the distribution swings with them. Like others in the range it charges around 1% a year and has paid distributions that included return of capital.

Suits only a speculative sleeve sized so that a total loss would not matter. The structure concentrates single-company risk, caps the upside that would otherwise compensate for it, and can erode net asset value over time while still paying out, so it does not behave like the income funds it is often compared against.

Speculative, single-stock, capital at high risk

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Aug 15, 2023 would now be worth $11,551 in CONY and $23,899 in NVDY.
PeriodCONYNVDY
1 month-8.69%-5.59%
3 months10.46%-4.29%
Year to date-18.30%-18.24%
1 year-42.48%-20.92%
3 years13.56%137.55%
5 years——
  • CONY
  • NVDY
762083402023202420252026116239

Both series indexed to 100 on 2023-08-15 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • CONY
  • NVDY
0%25%50%75%100%Cash & Others100.0%100.0%

Quick verdict

CONY fits better if you care most about lower fees and more income today. NVDY fits better if you care most about stronger 3-year returns and smaller drawdowns. Model the holding inside your real portfolio before deciding.

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Frequently asked questions

Is CONY or NVDY better for dividend income?
It depends on your goals. CONY currently yields 120.75% Trailing Twelve Months (TTM) while NVDY yields 53.28%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between CONY and NVDY?
YieldMax COIN Option Income Strategy ETF (CONY) is an ETF listed on AMEX. YieldMax NVDA Option Income Strategy ETF (NVDY) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, CONY or NVDY?
CONY has the lower expense ratio. CONY charges 1.04% a year and NVDY charges 1.09%, a difference of $5 a year on a $10,000 investment.
Which has performed better, CONY or NVDY?
Over the last 3 years, NVDY has the higher total return with dividends reinvested: CONY returned 13.6% and NVDY returned 137.6%. Past performance does not predict future returns.
Which is riskier, CONY or NVDY?
Measured by the worst peak-to-trough decline over the last five years, CONY has been riskier: CONY fell as much as 68.8% and NVDY as much as 34.1%. Their betas are 1.93 and 1.28.
How often do CONY and NVDY pay dividends?
CONY pays monthly and NVDY pays weekly.
How much income does $10,000 in CONY vs NVDY generate?
At current TTM yields, $10,000 in CONY would generate roughly $1006.26 per month ($12075 annually). The same amount in NVDY would produce about $443.98 per month ($5328 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both CONY and NVDY?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare CONY vs NVDY with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how CONY and NVDY fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.