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IncomeShares Alphabet (GOOG) Options ETP (GOOI.L) Sharpe Ratio: 2.54

ETF · Currency in USD · Last updated Jun 25, 2026

The IncomeShares Alphabet (GOOG) Options ETP seeks to generate monthly income by buying Alphabet Inc. shares and selling up to 5% out-of-the-money weekly call options, aiming to harvest yields while retaining upside exposure up to the options’ strike price.

GOOI.L's Sharpe Ratio of 2.54 indicates that for each unit of volatility, it generates 2.54 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

GOOI.L Sharpe Ratio Rank

GOOI.L Sharpe Ratio Rank: 88.088
Exceptional

GOOI.L ranks above 88.0% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

GOOI.L Sharpe Ratio Market Positioning

The chart shows GOOI.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.82 or lower
  • Yellow zone (middle 50%): 0.82 to 2.07
  • Green zone (top 25%): 2.07 or higher
  • Top 1%: 6.81+
  • Median: 1.50 — half of all investments score higher

How it compares to other similar ETFs

The table compares IncomeShares Alphabet (GOOG) Options ETP's Sharpe Ratio with other ETFs in the Derivative Income category across multiple time periods, showing how GOOI.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
GOOI.LIncomeShares Alphabet (GOOG) Options ETP2.54
JEQP.LJPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP2.26
JEPQ.LJPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)1.92
QQQY.LIncomeShares Nasdaq 100 Options (0DTE) ETP1.72
JEIP.LJPM US Equity Premium Income Active UCITS ETF USD Dist1.51
GOOO.LIncomeShares Alphabet (GOOG) Options ETP GBP1.44
JEPI.LJPMorgan US Equity Premium Income Active UCITS ETF USD (Dist)0.96
QQQO.LIncomeShares Nasdaq 100 Options (0DTE) ETP GBP0.75
SPYY.LIncomeShares S&P500 Options (0DTE) ETP0.74
AAPY.LIncomeShares Apple (AAPL) Options ETP0.73

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows GOOI.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when GOOI.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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