BXMT vs. GOOY

Last updated Jun 5, 2026

BXMT (Blackstone Mortgage Trust, Inc.) is a stock, while GOOY (YieldMax GOOGL Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, BXMT returned 8.56% vs 92.21% for GOOY. At a 0.21 correlation, their price movements are largely independent.

Performance

BXMT vs. GOOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackstone Mortgage Trust, Inc. (BXMT) and YieldMax GOOGL Option Income Strategy ETF (GOOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BXMT achieves a -1.14% return, which is significantly lower than GOOY's 17.06% return.

BXMT

• 1D: 2.44%
• 1M: -3.50%
• YTD: -1.14%
• 6M: -1.51%
• 1Y: 8.56%
• 3Y*: 10.99%
• 5Y*: -1.12%
• 10Y*: 5.06%

GOOY

• 1D: 3.03%
• 1M: -3.35%
• YTD: 17.06%
• 6M: 15.49%
• 1Y: 92.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BXMT vs. GOOY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BXMT Blackstone Mortgage Trust, Inc.	-1.14%	21.13%	-7.90%	-2.34%
GOOY YieldMax GOOGL Option Income Strategy ETF	17.06%	53.95%	12.58%	-3.73%

Correlation

The correlation between BXMT and GOOY is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023	0.21

Return for Risk

BXMT vs. GOOY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BXMT

BXMT Risk / Return Rank: 53
BXMT Sharpe Ratio Rank: 55
BXMT Sortino Ratio Rank: 47
BXMT Omega Ratio Rank: 46
BXMT Calmar Ratio Rank: 57
BXMT Martin Ratio Rank: 58

GOOY

GOOY Risk / Return Rank: 93
GOOY Sharpe Ratio Rank: 95
GOOY Sortino Ratio Rank: 95
GOOY Omega Ratio Rank: 94
GOOY Calmar Ratio Rank: 91
GOOY Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BXMT vs. GOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackstone Mortgage Trust, Inc. (BXMT) and YieldMax GOOGL Option Income Strategy ETF (GOOY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BXMT	GOOY	Difference
Sharpe ratio: Return per unit of total volatility	0.40	3.98	-3.59
Sortino ratio: Return per unit of downside risk	0.70	5.27	-4.57
Omega ratio: Gain probability vs. loss probability	1.08	1.67	-0.58
Calmar ratio: Return relative to maximum drawdown	0.72	5.74	-5.03
Martin ratio: Return relative to average drawdown	1.68	21.94	-20.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BXMT vs. GOOY - Sharpe Ratio Comparison

The current BXMT Sharpe Ratio is 0.40, which is lower than the GOOY Sharpe Ratio of 3.98. The chart below compares the historical Sharpe Ratios of BXMT and GOOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BXMT	GOOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	3.98	-3.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	1.14	-1.06

Drawdowns

BXMT vs. GOOY - Drawdown Comparison

The maximum BXMT drawdown since its inception was -97.98%, which is greater than GOOY's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for BXMT and GOOY.

Drawdown Indicators

	BXMT	GOOY	Difference
Max Drawdown Largest peak-to-trough decline	-97.98%	-24.40%	-73.58%
Max Drawdown (1Y) Largest decline over 1 year	-12.02%	-16.15%	+4.13%
Max Drawdown (3Y) Largest decline over 3 years	-23.29%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.02%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.86%	—	—
Current Drawdown Current decline from peak	-33.64%	-5.84%	-27.80%
Average Drawdown Average peak-to-trough decline	-49.07%	-6.26%	-42.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.11%	4.22%	+0.89%

Volatility

BXMT vs. GOOY - Volatility Comparison

Blackstone Mortgage Trust, Inc. (BXMT) and YieldMax GOOGL Option Income Strategy ETF (GOOY) have volatilities of 7.68% and 7.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BXMT	GOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.68%	7.52%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	16.61%	17.43%	-0.82%
Volatility (1Y) Calculated over the trailing 1-year period	21.60%	23.28%	-1.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.74%	23.36%	+4.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.61%	23.36%	+9.25%

Dividends

BXMT vs. GOOY - Dividend Comparison

BXMT's dividend yield for the trailing twelve months is around 10.19%, less than GOOY's 50.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BXMT Blackstone Mortgage Trust, Inc.	10.19%	9.83%	12.52%	11.66%	11.71%	8.10%	9.01%	6.66%	7.78%	7.71%	8.25%	8.52%
GOOY YieldMax GOOGL Option Income Strategy ETF	50.39%	41.50%	36.74%	7.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BXMT and GOOY in my portfolio?

BXMT and GOOY have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BXMT or GOOY?

BXMT has higher volatility (7.68%) compared to GOOY (7.52%). In terms of maximum drawdown, BXMT dropped -97.98% vs GOOY's -24.40%.

Which has better risk-adjusted returns?

GOOY currently has the higher Sharpe Ratio (3.98 vs 0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.