NVDY 📈 Tidal Trust II - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US88634T7744 • Derivative Income
NVDY: Graphics, Processors, Artificial Intelligence, Computing Hardware
The Tidal Trust II (NYSE ARCA:NVDY) is an investment fund that takes a long-term approach to its strategy, focusing on NVIDIA (NVDA) regardless of market fluctuations or economic conditions. This means that the fund will stick to its investment plan, even during periods of volatility or uncertainty, without attempting to time the market or make temporary adjustments to mitigate potential losses.
As a non-diversified fund, the Tidal Trust II has the flexibility to concentrate its investments in a smaller number of securities, allowing it to take a more targeted approach to its strategy. This can be beneficial for investors who are looking to gain exposure to NVIDIA's growth potential, as the fund can focus on maximizing returns through its concentrated portfolio.
By avoiding temporary defensive positions, the fund is able to maintain its investment thesis and avoid making emotional or reactionary decisions based on short-term market movements. This disciplined approach can help investors ride out market fluctuations and benefit from the fund's long-term focus on NVIDIA's growth potential.
Additional Sources for NVDY ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NVDY ETF Overview
Market Cap in USD | 1,334m |
Category | Derivative Income |
TER | 1.01% |
IPO / Inception | 2023-05-10 |
NVDY ETF Ratings
Growth 5y | 79.0% |
Fundamental | - |
Dividend | 83.7% |
Rel. Performance Sector | 55.1 |
Analysts | - |
Fair Price Momentum | 42.29 USD |
Fair Price DCF | - |
NVDY Dividends
Dividend Yield 12m | 73.95% |
Yield on Cost 5y | 228.21% |
Annual Growth 5y | 90.69% |
Payout Consistency | 100.00% |
NVDY Growth Ratios
Growth Correlation 3m | 87.3% |
Growth Correlation 12m | 93.1% |
Growth Correlation 5y | 96.8% |
CAGR 5y | 104.24% |
CAGR/Mean DD 5y | 24.21 |
Sharpe Ratio 12m | 2.10 |
Alpha | 69.25 |
Beta | 1.99 |
Volatility | 32.71% |
Current Volume | 3051k |
Average Volume 20d | 2199.8k |
As of December 06, 2024, the stock is trading at USD 24.81 with a total of 3,051,045 shares traded.
Over the past week, the price has changed by -1.78%, over one month by -0.69%, over three months by +23.69% and over the past year by +133.64%.
Yes. Based on ValueRay Analyses, Tidal Trust II (NYSE ARCA:NVDY) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 79.02 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NVDY as of December 2024 is 42.29. This means that NVDY is currently undervalued and has a potential upside of +70.46% (Margin of Safety).
Tidal Trust II has no consensus analysts rating.
According to ValueRays Forecast Model, NVDY Tidal Trust II will be worth about 48.5 in December 2025. The stock is currently trading at 24.81. This means that the stock has a potential upside of +95.45%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 48.5 | 95.4% |