Bottom line: NVDY is a single-stock options-income ETF that seeks high weekly distributions by writing calls against synthetic exposure to NVIDIA (NVDA). NVIDIA’s high volatility and strong investor interest can generate substantial option premiums, making the fund popular with income investors seeking NVDA-linked cash flow.
It is not a pure NVIDIA investment or a set-and-forget holding. Upside is capped, downside remains largely unprotected, and NAV erosion is common when distributions include return of capital or when NVIDIA trends strongly higher or lower. Concentration risk is very high.
Position sizing should reflect NVIDIA’s volatility and the structural trade-off of capped upside for income. Always review the latest prospectus, distribution composition, and NVIDIA’s outlook. This is not investment advice.
Monthly Distributions for NVDY
| Month | Distributions | No. of shares | Net Distribution / share |
|---|---|---|---|
| August 2025 | $296.10 | 367 | $0.8068 |
| July 2025 | $362.65 | 367 | $0.9881 |
| June 2025 | $236.99 | 367 | $0.6457 |
| May 2025 | $585.13 | 367 | $1.5944 |
| April 2025 | $225.99 | 347 | $0.6513 |
| March 2025 | $672.20 | 607 | $1.1074 |
| February 2025 | $342.89 | 347 | $0.9882 |
| January 2025 | $307.95 | 357 | $0.8626 |
| December 2024 | $354.45 | 306 | $1.1583 |
| November 2024 | $305.92 | 306 | $0.9997 |
| September 2024 | $388.83 | 287 | $1.3548 |
| August 2024 | $284.02 | 227 | $1.2512 |
| Grand Total: | $7,005.45 | 14,141 | $0.4954 |
ETF Investment Summary
| Investment | Shares | Distributions | Purchase price / share | Real price / share | Market price / share |
|---|---|---|---|---|---|
| $0.00 | 0 | $7,066.38 | $24.66 | $0.00 | $12.07 |
Notes:
• Investment = Current Adjusted Cost Basis (after accounting for sells and distributions)
• Purchase price / share = Historical average price of all shares ever bought
• Real price / share = Current adjusted cost basis per remaining share (after distributions reduce basis)
• Market price / share = Latest market price of the ETF
Personal Chart – Real Price vs Real Price + Cumulative Distributions
Blue line = Real Price per share (cost basis after buys, sells & distributions)
Red line = Real Price + Cumulative Net Distributions received so far
Purple line = Cumulative Realised Capital Gains from sales
Green bars = Number of shares held at month-end
When the green bars drop to zero, the blue/red lines also go to zero (full exit of the position).