CAG vs. GPIQ
CAG (Conagra Brands, Inc.) is a stock, while GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) is Nasdaq-100 fund actively managed by Goldman Sachs. Over the past year, CAG returned -17.42% vs 26.42% for GPIQ. At a correlation of -0.14, they often move in opposite directions.
Performance
CAG vs. GPIQ - Performance Comparison
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Returns By Period
In the year-to-date period, CAG achieves a -12.61% return, which is significantly lower than GPIQ's 14.10% return.
CAG
- 1D
- 2.70%
- 1M
- 6.71%
- 6M
- -12.91%
- YTD
- -12.61%
- 1Y
- -17.42%
- 3Y*
- -18.70%
- 5Y*
- -11.75%
- 10Y*
- -5.50%
GPIQ
- 1D
- -1.49%
- 1M
- -2.44%
- 6M
- 12.67%
- YTD
- 14.10%
- 1Y
- 26.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CAG vs. GPIQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CAG Conagra Brands, Inc. | -12.61% | -33.32% | 1.46% | 4.62% |
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 14.10% | 19.77% | 23.22% | 15.17% |
Correlation
The correlation between CAG and GPIQ is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | -0.14 |
The correlation between CAG and GPIQ shifts across timeframes, from -0.24 (1 year) to -0.14 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CAG vs. GPIQ — Risk / Return Rank
CAG
GPIQ
CAG vs. GPIQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Conagra Brands, Inc. (CAG) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CAG | GPIQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -2.95 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.30 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 2.79 | -3.28 |
| Martin ratioReturn relative to average drawdown | -1.00 | 11.26 | -12.26 |
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Drawdowns
CAG vs. GPIQ - Drawdown Comparison
The maximum CAG drawdown since its inception was -62.52%, which is greater than GPIQ's maximum drawdown of -21.06%. Use the drawdown chart below to compare losses from any high point for CAG and GPIQ.
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Drawdown Indicators
| CAG | GPIQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.52% | -21.06% | -41.46% |
Max Drawdown (1Y)Largest decline over 1 year | -35.58% | -9.51% | -26.07% |
Max Drawdown (3Y)Largest decline over 3 years | -56.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -62.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -62.52% | — | — |
Current DrawdownCurrent decline from peak | -56.89% | -3.85% | -53.04% |
Average DrawdownAverage peak-to-trough decline | -15.85% | -2.28% | -13.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.52% | 2.35% | +15.17% |
Volatility
CAG vs. GPIQ - Volatility Comparison
Conagra Brands, Inc. (CAG) has a higher volatility of 12.84% compared to Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) at 6.67%. This indicates that CAG's price experiences larger fluctuations and is considered to be riskier than GPIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAG | GPIQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.84% | 6.67% | +6.17% |
Volatility (6M)Calculated over the trailing 6-month period | 24.32% | 13.44% | +10.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.77% | 15.94% | +13.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.86% | 17.95% | +5.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.48% | 17.95% | +8.53% |
Dividends
CAG vs. GPIQ - Dividend Comparison
CAG's dividend yield for the trailing twelve months is around 9.68%, less than GPIQ's 9.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | 9.68% | 8.09% | 5.05% | 4.75% | 3.32% | 3.44% | 2.52% | 2.48% | 3.98% | 2.19% | 29.36% | 2.37% |
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 9.90% | 9.81% | 9.18% | 1.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CAG and GPIQ have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAG has higher volatility (12.84%) compared to GPIQ (6.67%). In terms of maximum drawdown, CAG dropped -62.52% vs GPIQ's -21.06%.
GPIQ currently has the higher Sharpe Ratio (1.66 vs -0.59), 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.
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