NYYYxETFs NVDA Daily Income ETF
Seeks to provide investment results that correspond generally to the total return of the common stock of Nvidia Corporation while generating income through a daily synthetic covered call strategy.
By xETFS · Launched 2026
0.99%
#4,924 of 5,609 · expensive
$0.4M
#5,578 of 5,609 · small
—
1 month
#5,521 of 5,609 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide investment results that correspond generally to the total return of the common stock of Nvidia Corporation while generating income through a daily synthetic covered call strategy.
- Strategy
- Actively manages a synthetic covered call strategy to generate current income while providing exposure to the common stock of Nvidia Corporation. Invests primarily in total return swaps and may invest up to 25% of net assets in NVDA common stock.
- Inception date
- May 14, 2026
- Fund family
- xETFS
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-30