Dividend comparison
NVDY vs AMDY: Which Is Better for Income?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for YieldMax NVDA Option Income Strategy ETF and YieldMax AMD Option Income Strategy ETF, side by side. Updated October 21, 2026.
NVDY vs AMDY: key differences
The short answer, from the latest data on this page.
- Fees. AMDY is cheaper at 1.00% a year versus 1.09% for NVDY. On $10,000 that is $9 a year less in fees.
- Income. AMDY pays more income, yielding 78.01% over the last twelve months versus 53.28% for NVDY. That is about $2,474 more a year on $10,000. NVDY pays weekly, AMDY pays monthly.
- Performance. Over the last 3 years, AMDY returned 192.9% versus 137.6% for NVDY, with dividends reinvested. $10,000 would have grown to $29,292 in AMDY and $23,755 in NVDY.
- Risk. AMDY has been the bumpier ride. Its worst peak-to-trough decline over the last 3 years was -53.9%, against -34.1% for NVDY.
- Diversification. AMDY holds 8 positions and NVDY holds 7.
- Size. NVDY is the larger fund with $1.3 billion in assets, against $463 million for AMDY.
Bottom line: NVDY fits better if you care most about smaller drawdowns. AMDY fits better if you care most about lower fees, more income today and stronger 3-year returns.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | NVDY YieldMax NVDA Option Income Strategy ETF | AMDY YieldMax AMD Option Income Strategy ETF |
|---|---|---|
| Dividend yield (TTM) | 53.28% | 78.01% |
| Dividend / share (TTM) | $6.30 | $33.55 |
| Payout frequency | Weekly | Monthly |
| Last dividend | $0.0797 on Oct 16, 2026 | $0.6677 on Oct 16, 2026 |
| Ex-dividend date | Oct 15, 2026 | Oct 15, 2026 |
| Price | $11.83 | $43.00 |
| Dividend growth streak | 1 year | — |
| Beta | 1.28 | 2.19 |
| Max drawdown (5Y) | -34.1% | -53.9% |
| Market cap | $1.32B | $124.7M |
| Exchange | AMEX | AMEX |
| Expense ratio | 1.09% | 1.00% |
| Assets under management | $1.34B | $463.0M |
| Number of holdings | 7 | 8 |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
NVDY
$443.98/mo
$5328 /yr at 53.28% yield
AMDY
$650.11/mo
$7801 /yr at 78.01% yield
Dividend history
Total dividends paid per share in each calendar year. NVDY pays weekly; AMDY pays monthly.
| Year | NVDY | AMDY |
|---|---|---|
| 2025 | $12.1415 | $30.6986 |
| 2024 | $19.5329 | $55.5925 |
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.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Sep 19, 2023 would now be worth $23,060 in NVDY and $28,345 in AMDY.
| Period | NVDY | AMDY |
|---|---|---|
| 1 month | -5.59% | -4.27% |
| 3 months | -4.29% | 2.85% |
| Year to date | -18.24% | 104.18% |
| 1 year | -20.92% | 85.83% |
| 3 years | 137.55% | 192.92% |
| 5 years | — | — |
- NVDY
- AMDY
Both series indexed to 100 on 2023-09-19 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.
- NVDY
- AMDY
Quick verdict
NVDY fits better if you care most about smaller drawdowns. AMDY fits better if you care most about lower fees, more income today and stronger 3-year returns. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how NVDY vs AMDY fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is NVDY or AMDY better for dividend income?
It depends on your goals. NVDY currently yields 53.28% Trailing Twelve Months (TTM) while AMDY yields 78.01%. 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 NVDY and AMDY?
YieldMax NVDA Option Income Strategy ETF (NVDY) is an ETF listed on AMEX. YieldMax AMD Option Income Strategy ETF (AMDY) 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, NVDY or AMDY?
AMDY has the lower expense ratio. NVDY charges 1.09% a year and AMDY charges 1.00%, a difference of $9 a year on a $10,000 investment.
Which has performed better, NVDY or AMDY?
Over the last 3 years, AMDY has the higher total return with dividends reinvested: NVDY returned 137.6% and AMDY returned 192.9%. Past performance does not predict future returns.
Which is riskier, NVDY or AMDY?
Measured by the worst peak-to-trough decline over the last five years, AMDY has been riskier: NVDY fell as much as 34.1% and AMDY as much as 53.9%. Their betas are 1.28 and 2.19.
How often do NVDY and AMDY pay dividends?
NVDY pays weekly and AMDY pays monthly.
How much income does $10,000 in NVDY vs AMDY generate?
At current TTM yields, $10,000 in NVDY would generate roughly $443.98 per month ($5328 annually). The same amount in AMDY would produce about $650.11 per month ($7801 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both NVDY and AMDY?
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 NVDY vs AMDY with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how NVDY and AMDY 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.
Related comparisons
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.