YieldMax NVDA Option Income Strategy ETF vs ProShares UltraPro Short QQQ ETF — how do they compare? YieldMax NVDA Option Income Strategy ETF trades at $12.62, while ProShares UltraPro Short QQQ ETF trades at $40.28. Which is the better fit depends on your goals.
| NVDY | SQQQ | |
|---|---|---|
Sector | Income / Options Overlay | Leveraged / Inverse |
52-Week High | $17.96 | $97.60 |
52-Week Low | $12.03 | $36.31 |
Trailing returns across standard periods
NVDY is an actively managed ETF that pursues a synthetic covered call strategy on NVIDIA Corporation (NVDA) stock. The fund primarily sells call options on NVDA and invests in U.S. Treasury securities and other high-quality collateral. Its goal is to generate monthly income from the option premiums. This strategy provides exposure to the high-growth potential of NVDA while seeking to deliver a high yield, though it caps the potential capital appreciation of the stock.
Read more on NVDY →SQQQ is a leveraged inverse ETF that seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index. It is a tactical trading tool designed for sophisticated investors to profit from or hedge against declines in large-cap technology and growth stocks. Due to its daily reset and the effects of compounding, it is intended for short-term use and carries significant risk if held during periods of high market volatility.
Read more on SQQQ →