YieldMaxCalc
Calculator/NVDY

NVDY Dividend Calculator

YieldMax NVDA Option Income Strategy ETF — Project your returns with dividend reinvestment (DRIP). Pays weekly.

NVDY Dividend Calculator

= $7.8468 / share / year

0% = yield stays constant. Negative models normalization (e.g. -10%/yr).

1Y: -11.2% | 3Y: -9.6%

years
Portfolio Growth

No DRIP vs DRIP

Portfolio Value$3.7K$689.8KTotal Dividends$34.9K$888.3KAnnual Dividend$1.9K$363.3KYoC19.26%3632.93%

DRIP Advantage

Total invested: $10.0K

+18.8K%

$686.2K more

Income Goal
/ month

Reached in year 10

NVDY crosses $246.0K/yr ($20.5K/mo) of dividend income in year 10 of the projection. Goal auto-suggested from your inputs — bump it up to model a stretch target.

Dividend history →Total return →

Scenarios

Three realistic paths for high-yield funds: yield holds, yield compresses, yield normalizes. Click any card to load it.

What is NVDY?

NVDY sells call option spreads on NVIDIA (NVDA) to generate weekly distributions. NVIDIA's role as the dominant AI chip supplier has made NVDA one of the most actively traded stocks in the world, with consistently elevated implied volatility — which translates directly into larger option premiums for NVDY shareholders.

Latest NVDY distribution

ScheduleAll YieldMax →
Per share
$0.1281
Distribution rate
50.04%
30-day SEC yield
2.57%
ROC %
0.00%
Declared
May 6, 2026
Ex-date
May 7, 2026
Payable
May 8, 2026
Source →

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NVDY Real Yield

Headline yield adjusted for NAV erosion (1Y)

HeadlineReal65.4%→46.9%
NAV -11.2%

18% of the headline yield has been offset by share price decline over the past 1Y.

See full total return analysis →

NVDY Dividend History

View all 61 payments and full table →
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How NVDY generates income

NVDY sells call option spreads on NVIDIA (NVDA) to generate weekly distributions. NVIDIA's role as the dominant AI chip supplier has made NVDA one of the most actively traded stocks in the world, with consistently elevated implied volatility — which translates directly into larger option premiums for NVDY shareholders.

The AI narrative creates an interesting dynamic for NVDY: when the market is excited about AI (earnings beats, new chip launches, data center spending announcements), NVDA's IV spikes and distributions grow. When the AI trade cools off, premiums shrink. This makes NVDY's distributions a rough proxy for market sentiment on the AI buildout.

Like all YieldMax single-stock funds, NVDY caps your upside in NVDA. Given that NVDA has been one of the best-performing stocks of the past three years, this cap has been costly — investors who held NVDA directly significantly outperformed NVDY on a total return basis during the AI rally. NVDY makes more sense if you believe NVDA's explosive growth phase is moderating and you'd rather harvest income from the remaining volatility.

The ROC component varies but has been high in recent distributions. Check the latest announcement card above for the current breakdown.

Underlying
NVDA (NVIDIA)
Theme
AI chip demand → high IV → large premiums
Distribution
Weekly (Group 2, Wednesday)
Expense ratio
0.99%
Key trade-off
Missed NVDA rallies in exchange for income

About the NVDY Dividend Calculator

This NVDY dividend calculator projects how your position grows with and without DRIP (Dividend Reinvestment). Every input is prefilled with live NVDY data — current price, latest per-share distribution, detected payment frequency, and historical CAGR — so you can hit calculate immediately, or override any field to model your own assumptions.

The NVDY DRIP calculator runs two parallel scenarios: one where every distribution is reinvested into more NVDY shares, and one where distributions are taken as cash and never compounded. The gap between the two curves is the compounding premium — the extra wealth you build by letting NVDY dividends buy more shares over time. Extra monthly contributions, tax rates, and custom dividend growth rates are all supported, and every calculation runs in your browser with no additional API calls after page load.

Why this calculator is more accurate than most

Traditional DRIP calculators treat dividend-per-share and share-price as two independent quantities that grow at their own separate rates. That works fine for stocks like SCHD or KO, where management sets the payout and the stock price moves with the business. It breaks badly for option-income ETFs like MSTY, NVDY, or TSLY, where distributions are sourced from option premium on the underlying — meaning the dividend dollar is mechanically a fraction of NAV, not a separate variable. Let those two quantities compound independently and you get absurd outputs (trillion-dollar portfolios from $10K) because the implied yield silently grows to 400%+ as price collapses faster than the dollar dividend.

We solve this with two projection modes. Dividend Growth mode is the standard model — correct for dividend-growth stocks and traditional income ETFs. Yield-on-NAV mode (auto-selected when starting yield exceeds 20%) locks the forward yield and recomputes distributions each year asyield × current NAV, so as price falls, dividend-per-share falls proportionally. This matches the physics of option-income funds and produces realistic projections instead of fantasy numbers.

You can toggle between the two modes above the input form. For NVDY — a YieldMax option-income ETF — yield-on-NAV is the default and we recommend keeping it on.

The two levers that change results the most are the growth assumptions and the holding period. For a volatile, high-yield fund, a 0% or slightly negative growth assumption is usually more realistic than extrapolating a historical CAGR, because distribution levels often decay as implied volatility normalizes. For stable dividend ETFs and index funds, the 5Y CAGR is a reasonable baseline. The NVDY dividend history page shows every past payment in detail, and the total return analyzer strips out NAV erosion to show your real yield.

NVDY DRIP calculator — frequently asked questions

How does the NVDY DRIP calculator work?▾
The NVDY calculator simulates two parallel scenarios: one where every dividend is paid out as cash, and one where every dividend automatically buys more NVDY shares. It uses the current NVDY price, the most recent dividend payment, the detected payment frequency (weekly), and a historical dividend growth rate to project your balance month by month. You can override any prefilled value — custom yield, custom growth rate, extra monthly contributions, and tax drag — and the chart updates instantly in your browser with no server calls after the initial page load.
Why does the NVDY calculator prefill a yield that's different from the headline number I see elsewhere?▾
We use forward annualization — the most recent per-share payment multiplied by the payment frequency — rather than the trailing twelve-month sum. For NVDY paying weekly, that is the most honest estimate of what you would earn going forward if the next payout matches the most recent one. Headline "TTM yield" figures include payouts from many months ago, which overstates the income of ETFs whose distributions have been trending down and understates the income of ETFs whose distributions have been trending up.
What dividend growth rate should I use for NVDY?▾
YieldMax ETFs like NVDY do not have a stable dividend growth rate. Distributions are a function of the implied volatility of the underlying stock at each options roll, so they can drop 50% one month and rise 40% the next. A reasonable default for long projections is 0% growth, or a small negative number if you expect volatility to normalize downward. Our 3Y and 5Y CAGR numbers exist for reference but should not be extrapolated.
Does the NVDY calculator account for taxes?▾
Yes. You can enter a tax rate and the calculator will deduct it from each dividend before reinvesting or paying out. For NVDY, the realistic rate depends on whether your dividends are classified as qualified (lower rate), ordinary (higher rate), or return of capital (not taxed until sale). Covered-call ETFs like NVDY often produce large amounts of return of capital, which is taxed differently from regular income — consult a tax advisor for your specific situation. The calculator applies the same rate to every payment; real-world tax treatment can be more nuanced.
Can I use the NVDY calculator for retirement account projections?▾
Yes. If you plan to hold NVDY in a Roth IRA, Traditional IRA, or 401(k), set the tax rate to 0% — distributions inside those accounts are not taxed year-by-year. In a Traditional IRA you will pay ordinary income tax on withdrawals later, so the post-tax balance will be lower than what the calculator shows; in a Roth IRA, qualified withdrawals are tax-free and the calculator figures are directly applicable. The "extra monthly contributions" field is useful for modeling ongoing IRA or 401(k) payroll contributions into the same position.
How is NVDY different from buying the underlying directly?▾
NVDY does not own NVDA — it holds Treasury bills as collateral and sells call options on NVDA. The upside is capped (the calls limit how much NVDY can appreciate when NVDA rallies), the downside is almost fully exposed (NVDY drops along with NVDA in declines), and the option premium is distributed as weekly income. Over long periods, buying NVDA directly has historically produced more total return, but NVDY produces current income in cash, which some investors prefer.
NVDY Dividend Schedule ->NVDY Total Return Analyzer →NVDY Dividend History →Compare NVDY →Generic Dividend CalculatorBrowse all dividend tickers →Why is NVDY moving? →